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Pozyx Labs (Flanders) wins Innovation of Things Award 2016

On 22 November 2016, Flanders-based start-up Pozyx Labs took home the ‘Innovation of Things Award’ at the Internet of Things World event in Dublin. Founded in 2015, the company specializes in indoor and outdoor precision localization hardware.

Stand out from the crowd

At the event, Pozyx Labs stood out, even in the company of some 30 other IoT companies from all over the world. “We were able to convince a jury consisting of venture capitalists and the vice-president of Huawei, a leading Chinese telecommunications company,” says Samuel Van de Velde, founder of the start-up.

Numerous applications 

Pozyx is the result of Van de Velde’s PhD research on positioning technologies as an alternative to GPS positioning. “Current technologies such as GPS, WiFi and Bluetooth can pinpoint one’s position to within a couple of meters,” Van de Velde explains. 

Pozyx Labs (Flanders) wins Innovation of Things Award 2016 in Dublin

“Our system obtains an accuracy of within 10 centimeters by using wireless ultra-wideband technology and state-of-the-art algorithms. This opens the door to a lot of new possible applications for drones, robots, virtual reality and the internet of things (IoT).”

Continued development

“We have managed to convince 350 customers in 45 different countries in only one year, and this award will certainly boost our brand awareness level even further,” Van de Velde concludes. “We are looking for new investments enabling us to add 15 people to our team. This will give us the resources we need to scale up our product so that it can trace thousands of objects at the same time.”

More info

Pozyx Labs
Reported by
www.madeinoostvlaanderen.be
16 December 2016

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