ikeGPS Shortlisted for GE Low Carbon ecomagination Challenge2013-03-15 01:06:11 (GMT) (Caymanmama.com - Press Release Technology News)
03/12/2013 (press release: ikegps) // McLean, VA, USA // Brian Soliday
Augmented Reality Technology Is Helping Utility Companies Reduce Emissions
ikeGPS, a maker of remote measurement and 3D modeling hardware and software solutions, has announced it has been shortlisted for the GE Australia & New Zealand Low Carbon ecomagination Challenge. The challenge is an open call to businesses, entrepreneurs, innovators and students in Australia and New Zealand with breakthrough ideas for reducing our carbon footprint. Out of 191 entries, ikeGPS was selected to the shortlist of 35 finalists which will vie for five Innovation Awards of $100,000 and potential investment opportunities of up to $10 million from GE and its venture capital partners.
ikeGPS’s entry, ikeGPS Augmented Reality Network Management Solution, uses ikeGPS technology to make distribution network assets more efficient by enabling field crews to see network database information and models overlaid on the real-world assets, in real-time. ikeGPS has developed an end-to-end solution for electric utilities that combines the ikeGPS device (integrating laser rangefinder and camera technologies) with software for measuring and modeling pole infrastructure.
“We are delighted to have been chosen by GE for the Ecomagination Challenge shortlist. As a company, ikeGPS is committed to making a difference to reduce carbon emissions locally and globally. We are excited to be part of GE’s very important initiative.” Said Glenn Milnes, CEO of ikeGPS, headquartered in Wellington.
ikeGPS has grown from an idea of a New Zealand engineer surveying radio sites in Kenya to a company delivering mobile geospatial solutions across the globe, quickly becoming a global player in the utility and defense segments with laser-camera-GPS technology and measurement and 3D modeling software solutions.
The ikeGPS team is committed to producing innovative solutions for customers in a wide range of industries. Its technology is used by utilities, defense forces, intelligence groups, energy companies, state and local governments, police, and federal authorities.
ikeGPS has headquarters in Wellington, New Zealand and operates offices in the U.S. and the U.K.
Social Media Tags:venture capital partners, laser rangefinder, laser camera, innovation awards, geospatial solutions, electric utilities, augmented reality, ecomagination, reality technology,
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