Verizon and Centech unveil results of 5G Development Hub | Verizon
Launched by Verizon and Centech, in collaboration with Bell Canada, the 5G Development Hub creates a unique space for startups and scaleups to realize the transformative power of 5G and Mobile Edge Computing (MEC).
BASKING RIDGE, NJ - Verizon and Centech today announced the results from the first cohort of startups and scaleups in the 5G Development Hub. Centech is a world-class business incubator and non-profit organization based in Montreal, which welcomes innovative technology projects that meet the needs of the industry, market and society.
Launched in May 2022, the 5G Development Hub works to unlock innovation in multiple industries including manufacturing, supply chain, transportation, smart cities, energy and utilities.
Seven startups were selected to participate, and worked alongside network experts from Verizon to create new 5G use cases, and incorporate 5G and MEC-enabled technologies into their services. Selected companies tested their innovative solutions on Bell’s 5G network and mobile edge computing platform and benefited from Centech’s mentoring on business development and growth strategy.
“Verizon has a vested interest in the 5G future, and we see an extraordinary opportunity to encourage entrepreneurs to leverage the advanced capabilities that 5G offers,” said Jeff Frantz, Executive Director of Ecosystem Development at Verizon. “These programs enable startups to test, explore and create the products and ecosystems of tomorrow.”
“The 5G Development Hub brings together Canada’s booming startup ecosystem and the expertise of leading 5G and MEC providers,” said Richard Chénier, General Director at Centech. “5G is important for the future of innovation and this first cohort has proven to be successful. We look forward to continuing to create a space where we maximize the potential of startups through the use of 5G while equipping them to transform key sectors such as manufacturing, energy and smart cities.”
The 5G cohort companies and the results achieved through the 5G Development Hub include:
Haply Robotics develops 3D haptic controllers that replicate tactile sensory input, allowing users to interact with an environment through a screen or VR headset. These technologies can be used to control industrial robots, support workforce training, and remotely supervise vehicles that interact with physical environments.
Haply Robotics 5G Application: Leverages the low latency that 5G can provide plus the adaptability of MEC to enable near real-time control of robots with haptic feedback.
This article has been condensed for relevance.
