WiMAX system developer Alvarion Ltd. (Nasdaq: ALVR; TASE: ALVR) said today that it will collaborate with the second largest utility in the US on a proof of concept project in northeastern states.
US utility National Grid and Alvarion will join in a smart power grid (SPG) proof of concept with Alvarion's BreezeMAX 3650 solution, as part of a technology test-bed for potential pilot projects in New York, Massachusetts and Rhode Island.
The proof of concept will begin in September 2009, and will provide backhaul for SPG smart meters and distribution automation devices for residences and businesses using WiMAX technology. SPGs incorporate advanced two-way communications and distributed computing capabilities for improved control, efficiency, reliability and safety.
Alvarion provides comprehensive broadband wireless connectivity solutions for SPGs, allowing connectivity for Distribution Automated (DA) devices and backhaul for smart meter collectors.
Shares in Alvarion fell 1.5% to $3.90 in morning trading on Nasdaq, giving a market cap of $241.78 million.
Published by Globes [online], Israel business news - www.globes-online.com - on September 10, 2009
© Copyright of Globes Publisher Itonut (1983) Ltd. 2009