Now in its third cohort of startups, Newlab and Verizon’s 5G Studio continues its aim of addressing the challenges and opportunities presented by the advent of 5G technology, this time with a specific focus on manufacturing and warehouse processes. Leveraging the capabilities of 5G, the program aims to foster the development of innovative technologies that have the potential to revolutionize manufacturing processes, logistics, and operational workflows that can lead to smarter and more energy efficient factories, warehouses, and industrial systems.

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Opportunity Spaces

One of the key aspects of the 5G revolution is its potential to usher in a new era of edge computing. Unlike traditional cloud computing, edge computing brings processing capabilities within devices and remote locations. This shift opens up new possibilities for businesses to optimize their operations and services. The lower latency and increased capacity of 5G makes it ideal for managing autonomous industrial units and enabling better connected devices. This enhances efficiency, reduces energy consumption, and promotes sustainability.

Autonomous Robotics Systems

Startups crafting intelligent, self-navigating robots and drones for industrial tasks, enhancing efficiency in manufacturing, logistics, and warehousing.

Industrial Sensors and Location Technology Providers

Companies innovating in sensors and location tech for precise asset tracking and process optimization in industrial settings, benefitting sectors like manufacturing and energy.

AI-Powered Machine Learning for Industrial Automation

Startups specializing in AI and machine learning solutions for industrial automation, focusing on intelligent algorithms to optimize processes and enhance operational performance in sectors like energy and manufacturing.

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WHO SHOULD APPLY?

The Newlab 5G Studio program is designed for startups that envision leveraging 5G to revolutionize their industries. The ideal candidates include companies at the intersection of robotics, artificial intelligence, and 5G technology. Startups working on applications such as computer vision, edge computing, and automation are particularly encouraged to apply.

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Investment & Exposure

Grant funding pool divided among participating companies to support pilot development and offset associated costs; no equity taken.

Pilot Design Support

• Structured strategy and support from Newlab to advance your pilot concept and solicit feedback and input from key stakeholders to enable customer discovery, uncover technology requirements, meet compliance requirements and launch pilot projects.
• Ongoing support from the Newlab team, Mercado Libre and a network of relevant stakeholders to navigate the integration of technologies that advance the future of low carbon logistics.
• The project team will work closely with companies to determine appropriate sites, facilities, permits and timeframes for pilot projects in Latin America. We will work with startups to design pilot projects in detail and connect teams to potential partners based on commercialization progress, business model and go-to-market strategy.
• Applicants will benefit from the project teams’ deep industry knowledge. Our team has mobility experience and local insight to provide intelligence around operational scenarios and potential for technology scale-up.

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Community Membership & Newlab Infrastructure

• Access to the Newlab flagship location in Brooklyn, NY and our new location in Detroit, MI
• Engagement with leading industry, venture, and academic experts through curated programming and office hours.
• Access to testbed infrastructure across Newlab pilot locations including the 300-acre Brooklyn Navy Yard, Detroit’s Michigan Central Campus, Uruguay and more.

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ABOUT VERIZON

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

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