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WILMINGTON, Del. - InterDigital, Inc. (NASDAQ:IDCC), a technology company with a market capitalization of $9 billion and impressive gross profit margins of 89%, has been awarded a contract by the U.S. Department of War to lead research on advanced spectrum coexistence technologies for civil and military applications, the company announced Thursday.
The mobile and AI technology research firm will collaborate with industry partners DeepSig and Skylark Wireless to develop and validate spectrum sharing technologies using AI, sensing, and commercial 5G systems.
The project aims to improve dynamic spectrum sharing performance to ensure defense radar systems can operate reliably while allowing commercial 5G networks to coexist in the same frequency bands. Mid-band frequencies are particularly valuable as they offer an optimal balance of coverage and capacity for both military and civilian applications.
"InterDigital's heritage of research has produced innovations that make it possible for radar and communications to coexist in ways that were not feasible," said Rajesh Pankaj, InterDigital's CTO, according to the company's press release.
The research will build on InterDigital's existing dynamic spectrum sharing technologies, which have been demonstrated in commercial deployments and validated through prior government initiatives. The team plans to develop new technologies including low-latency AI-based distributed spectrum sensing and interference mitigation operations.
These innovations would be performed locally at cellular base stations and user equipment to enable more seamless coexistence between government and industry systems.
The collaboration represents an effort to address the challenges of spectrum scarcity while meeting both national security requirements and commercial connectivity needs.
Founded in 1972, InterDigital specializes in wireless, video, and AI technology research and development. The company's stock has delivered an impressive 82.8% return year-to-date and is currently trading near its 52-week high. InvestingPro subscribers have access to 17 additional investment tips and a comprehensive analysis of InterDigital's financial health and growth prospects through the Pro Research Report, available exclusively on the platform. The information in this article is based on a company press release.
In other recent news, InterDigital Inc. reported its Q2 2025 earnings, significantly exceeding analyst expectations. The company achieved an earnings per share of $6.52, compared to the projected $2.17, resulting in a surprise of over 200%. Revenue also surpassed forecasts, reaching $300 million against the anticipated $167.93 million. Additionally, InterDigital announced a 17% increase in its quarterly dividend, raising it from $0.60 to $0.70 per share. This dividend increase will take effect in the fourth quarter of 2025, with the next payment scheduled for October 22, 2025. The recent earnings performance and dividend hike reflect positive developments for the company. These updates come amidst a backdrop of strong investor confidence.
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