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Verizon, Newlab to Incubate 7 Startups to Test 5G and MEC

Verizon, Newlab to Incubate 7 Startups to Test 5G and MEC Image Credit: Verizon

Verizon and Newlab recently announced the results from the latest cohort of startups in the 5G Studio

Verizon and Newlab created the 5G Studio in 2020 to support the development of next-generation applications aimed at transforming industries such as mobility, energy, and industrial automation. The selected startups leveraged Verizon’s Ultra Wideband 5G network and Mobile Edge Compute (MEC) capabilities installed at Newlab, to test their technologies.

 

The seven startups - e1ectr0nFermata EnergyIterate LabsEasy AerialEasy AerialFantasmoSojourn - were selected from a cross-section of industries and disciplines, and include companies specializing in autonomous robots and autonomous drone data collection, bi-directional EV charging stations, machine learning and AI, and more.

This year’s 5G Studio, launched in early 2021, follows last year’s successful Studio, which saw the testing of numerous unique and transformative technologies.

Elise Neel, VP of New Business Incubation at Verizon
The 5G Studio provides a test bed for truly transformative innovation that leverages the power of Verizon’s 5G network. We are delighted to build upon the Studio’s initial success with a new cohort of leading technologists embracing 5G to transform everything from urban transit, to sustainability, to industrial manufacturing and much more.

Shaun Stewart, CEO of Newlab
We are thrilled to announce the exciting results of this year’s 5G Studio cohort’s work, the products of months-long efforts conducted through close collaboration and sustained engagement between Verizon, Newlab and the Studio startups using Verizon’s network and capabilities.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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