PALO ALTO, Calif. and
BERLIN, Oct. 28, 2020 /PRNewswire/ -- Inpixon (Nasdaq:
INPX), a leading indoor data company that delivers Indoor
Intelligence™ solutions, today announced the launch of its newest
smart tag module, the swarm bee LE V3, supporting a range of indoor
and outdoor location applications including real-time location
systems (RTLS).
This is the first new product release following Inpixon's recent
acquisition of nanotron, a company named by MarketsandMarkets
as one of the vendors dominating the global UWB market along with
Apple, Samsung, Decawave, NXP and others. The nanotron
acquisition expands Inpixon's product and intellectual property
portfolio, and broadens its customer base, geographic presence and
partner relationships. Inpixon believes these factors will enable
the company to further penetrate the fast-growing location based
services (LBS) and real-time location systems (RTLS) market which
MarketsandMarkets estimates will grow from USD $17.8 billion in 2020 to USD $39.2 billion by 2025, at a compound annual
growth rate (CAGR) of 17.1%.
The swarm bee LE V3 is a miniaturized radio transceiver module
that can easily be embedded into small tags that transmit a signal
allowing them to be located in real-time. These tags can be built
into wearable IoT devices -- everything from wristbands and visitor
badges to belt clips and mining helmets -- or they can be
integrated into tags that are affixed to assets such as heavy
mining equipment, forklifts, pallets, hospital ventilators or
theft-prone items. As part of a location intelligence system, the
smart tags help enable a wide range of use cases including asset
tracking, worker safety, proximity alerts, visitor management,
vehicle collision avoidance and more.
"We have tens of thousands of our swarm bee tag modules already
deployed, and we believe this new V3 model will be a great choice
for existing and new integrators and OEMs who are looking for a
versatile, reliable, quick-to-market smart tag solution," said
Nadir Ali, Inpixon CEO. "It already
includes an on-board microcontroller unit (MCU), nanoLOC Chirp 2.4
GHz transceiver, universal asynchronous receiver/transmitter
(UART), 3D accelerometer and temperature sensors, and a common API
set. Our partners can simply add their choice of housing, antenna
and power source, and they've got a finished product without having
to write firmware or to deal with RF design or low-level chip
drivers."
"At Becker Mining, we have integrated nanotron location
technologies into a range of products for over four years now,"
commented Jonas Maximilian Becker,
Engineering Manager at Becker Mining Systems, a leading system
supplier for mining infrastructure, with more than 1,500 employees
covering major mining operations around the world. "Concerning
Inpixon's latest nanotron product, after an in-depth technical
analysis, we decided to also integrate the swarm bee LE V3 into
Becker's new generation of underground collision avoidance systems.
The V3 has significant advancements over the previous generation
when it comes to stability, range and accuracy. Also, because it is
easier to integrate, our time-to-market is significantly
reduced."
"The swarm bee LE V3 offers a particularly compelling
combination of features," noted Adam
Benson, Inpixon CTO. "We've increased the range, enhanced
the power output, which is configurable, and added
firmware-over-the-air (FOTA) updates which enable customers to
realize lower infrastructure and maintenance costs, while also
achieving superior robustness and reliability of
communication."
To speak with a product specialist about the swarm bee LE V3
module, please visit https://nanotron.com/EN/ca_contact-php/. For
technical specifications, please go to
https://nanotron.com/EN/pr_protect-php/.
About Inpixon
Inpixon® (Nasdaq: INPX) is the Indoor Intelligence™
company that specializes in capturing, interpreting and giving
context to indoor data so it can be translated into actionable
intelligence. The company's Indoor Intelligence platform ingests
diverse data from IoT, third-party and proprietary sensors designed
to detect and position active cellular, Wi-Fi, UWB and Bluetooth
devices. Paired with a high-performance data analytics engine,
patented algorithms, industries to do good with indoor data. This
multidisciplinary depiction of indoor data enables users to
increase revenue, decrease costs, and enhance safety. Inpixon
customers can boldly take advantage of location awareness,
analytics, sensor fusion and the Internet of Things (IoT) to
uncover the untold stories of the indoors. For the latest insights,
follow Inpixon on LinkedIn, Twitter, and visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on
historical fact are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. While management has based any forward-looking statements
included in this release on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties and other factors, many of which are outside of the
control of Inpixon and its subsidiaries, which could cause actual
results to materially differ from such statements. Such risks,
uncertainties, and other factors include, but are not limited to,
the fluctuation of economic conditions, the impact of COVID-19 on
Inpixon's results of operations, Inpixon's ability to integrate
recently acquired technology and businesses, including Nanotron
into its existing business, the performance of management and
employees, the regulatory landscape as it relates to privacy
regulations and their applicability to Inpixon's technology,
Inpixon's ability to maintain compliance with Nasdaq's minimum bid
price requirement and other continued listing requirements,
including during a panel monitoring period ending on February 5, 2021, the ability to obtain
financing, competition, general economic conditions and other
factors that are detailed in Inpixon's periodic and current reports
available for review at sec.gov. Furthermore, Inpixon operates in a
highly competitive and rapidly changing environment where new and
unanticipated risks may arise. Accordingly, investors should not
place any reliance on forward-looking statements as a prediction of
actual results. Inpixon disclaims any intention to, and undertakes
no obligation to, update or revise forward-looking
statements.
Inpixon Contacts
Media relations and general inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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SOURCE Inpixon