| Date      of Report (date of earliest event reported): | April      28, 2008 |   |
|--------------------------------------------------------|---------------------|--------|

| PROXIM      WIRELESS CORPORATION                           |
|------------------------------------------------------------|
| (Exact      name of registrant as specified in itscharter) |

| Delaware                                            | 000-29053                     | 04-2751645                             |
|-----------------------------------------------------|-------------------------------|----------------------------------------|
| (State      or other jurisdiction of incorporation) | (Commission      file number) | (IRS      employer identification no.) |

| 2115      O’Nel Drive, San Jose, CA     | 95131           |
|-----------------------------------------------|-----------------|
| (Address      of principal executive offices) | (Zip      code) |

| Registrant’s      telephone number, including area code: | (408)      731-2700 |   |
|----------------------------------------------------------------|---------------------|--------|

| Not      Applicable                                                 |
|---------------------------------------------------------------------|
| (Former      name or former address, if changed since last  report) |

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|   | · | The      term of the lease is 63 months with a target commencement date of July 1,      2008 (subject to completion of improvements and Proxim’s right to begin to      occupy the building earlier if construction  permits); |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Base      rent per month is $0 for the first 3 months, $56,019.00 for months 4      through 12, $57,699.57 for months 13 through 24, $59,430.56 for months 25      through 36, $61,213.47 for months 37 through 48, $63,049.88 for months 49      through 60, and $64,941.37 for months 61 through  63;  |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Proxim      must also pay operating expenses, maintenance expenses, pro-rated capital      improvement expenses, management fees, and real estate taxes under the      lease; and |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Proxim      is required to make a $250,000 security deposit either in cash or by      letter of credit (subject to potential reduction in amount upon Proxim      achieving two consecutive quarters of positive net  income). |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                               | PROXIM      WIRELESS CORPORATION |
|------------------------------------|----------------------------------|
|                               |                             |   |
|                               |                             |   |
| Dated:  May      1, 2008 | By:                              |   /s/ David      L. Renauld     |
|                               |                             | David      L. Renauld |
|                               |                             | Vice      President |

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| Number | Title                                                                                                                                                                     |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                      |
| 10.1   | Lease      dated April 15, 2008 by and between OA Oakcreek, LLC and Proxim Wireless      Corporation together with First Addendum to Lease also dated April 15,      2008 |