- Mobilicom selected to join Israel Innovation Authority funded consortium for the development of wireless artificial intelligence (AI) for 5G networks
- Consortium includes industry leaders Ceva Inc., Ceragon Networks and high-profile academic institutions
5 June 2020 – Mobilicom Limited (ASX:MOB, Mobilicom) is pleased to announce that it has been selected to join the WIN (Wireless Intelligent Networks) Consortium to execute a project during calendar year 2020 valued at more that $4 million. The WIN Consortium is funded by the Israel Innovation Authority and is expected to be extended through 2021 and beyond.
Mobilicom’s share in the project is valued at $500,000 for 2020, with a similar budget expected to be provided for 2021. Mobilicom’s appointment to the consortium reinforces its position as a holistic provider of solutions for autonomous systems while also strengthening the Company’s long-term financial position and cash-flow performance.
This project focuses on the development of wireless AI to enable the improvement and optimization of 5G cellular technology. Mobilicom’s key responsibilities will focus on its expertise with MESH networks and unmanned platforms. Once development is complete, Mobilicom will be able to use this technology on its own next-generation autonomous systems,
This consortium places Mobilicom at the center of 5G AI innovation and will partner the company with leaders in this including Ceva Inc., Ceragon Networks and Elbit Systems. Mobilicom’s involvement in this consortium will also help to drive the scalability of its own autonomous platforms and the widespread use of 5G networks in unmanned platforms.
Mobilicom’s CEO Oren Elkayam commented: ”We are honored to have been chosen to join the WIN Consortium and partner with these innovative organizations, the outcome of which will directly impact the autonomous and unmanned systems for which we provide market leading solutions”.