PALO ALTO, Calif. and BERLIN, Feb. 9, 2021 /PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence™ company, today announced its next-generation chirp RTLS anchor board, delivering significantly reduced size, newly integrated antennas, and more robust operating temperature tolerances than the previous generation. Designed to be advanced yet affordable, Inpixon's latest product is intended to accelerate the adoption of large-scale, real-time location systems (RTLS) in mass market applications.
The Inpixon nanoANQ Chirp PCB is a printed circuit board assembly designed for OEMs, integrators, and systems developers who seek to add location awareness to their existing products or to introduce new RTLS-enabled solutions. Location awareness is critical to enable a wide range of workplace transformation, productivity, and safety use cases. RTLS can trigger actions in energy, lighting and ventilation systems, assist in desk booking and employee engagement apps, sound alarms if entering dangerous areas, facilitate evacuation and first responder communications, enable smart farming, reduce theft, support augmented reality deliverables, and more.
"Location awareness unlocks the full potential of IoT opportunities and enables powerful digital transformation (DX) of indoor spaces," said Nadir Ali, CEO of Inpixon. "We believe this newest RTLS anchor board is great fit for OEMs and integrators who want to pursue the fast-growing RTLS market with affordable location-aware solutions."
Inpixon chirp technology operates in the 2.45 GHz ISM band and is robust against narrow- and broadband RF disturbances as well as multipath fading. Reliable communications even over longer distances and with lower tag RF power output levels can result in less anchors required per installation and longer tag battery life.
The Inpixon nanoANQ Chirp PCB includes all required RTLS anchor components, ensuring low design effort and quick time-to-market for integrators. Solution providers can simply add their choice of housing, and they have a finished RTLS anchor without needing to write firmware or to deal with RF design or low-level chip drivers. The RTLS Evaluation Kit which includes nanoANQ boards, nanoLES RTLS location engine, RTLS Tools software, and OTA Configurator is also available to speed development and testing.
Adam Benson, CTO of Inpixon, commented, "I'm proud of our innovative in-house design and engineering teams which successfully enhanced the product while maintaining a favorable build cost to maximize affordability. It's a good example of the talent that enabled us to win the IoT Sensor Company of the Year 2021 award."
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, and advanced mapping technology, Inpixon's solutions are leveraged by a multitude of 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 the products and business from recent acquisitions 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, 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.
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