Pozyx develops a hardware and software platform that utilizes ultra-wideband (UWB) and Bluetooth (BLE) technologies for precise indoor and outdoor asset tracking, achieving location accuracy of up to 10 cm. The platform addresses the challenges of lost assets and inefficient inventory management in logistics and manufacturing by providing real-time visibility and actionable insights into material flows and equipment utilization.
Funding
$7.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many logistics and manufacturing operations struggle with inefficient inventory management and loss of assets due to lack of real-time visibility into the location of materials and equipment, resulting in increased operational costs and reduced productivity. Existing tracking solutions often lack the accuracy and scalability required for demanding industrial environments, hindering effective monitoring of material flow and equipment utilization.
Solution
Pozyx provides a real-time location system (RTLS) platform that combines ultra-wideband (UWB) and Bluetooth Low Energy (BLE) technologies to deliver precise indoor and outdoor asset tracking with accuracy up to 10 cm. The Pozyx platform offers comprehensive visibility into material, forklift, container, and operator locations, enabling businesses to optimize processes, reduce lost assets, and improve inventory control. The platform facilitates warehouse and inventory control, keeps track of returnable packaging and orders, and slashes lost asset costs. By providing actionable location data and insights, the Pozyx platform empowers Industry 4.0 initiatives and enhances productivity and safety within manufacturing and logistics environments.
Target Audience
The primary target audience includes companies in the logistics and manufacturing sectors seeking to improve asset tracking, optimize material flow, and enhance operational efficiency through real-time location insights.
Features
- Highly accurate UWB real-time location system (RTLS) with up to 10cm indoor positioning accuracy
- Standard BLE positioning accuracy of 5m
- IoT platform to track, analyze and optimize all processes via location technologies from BLE and UWB to GPS
- Real-time visibility of material, forklifts, containers, operators, both inside and outside facilities
- Material flow and inventory level tracking
- Key indicator measurement with Pozyx Analytics & Dashboards
- Location-based triggers for faster detection and response to abnormal events
- Open API and broad offering of standard integration protocols
- Compliant with the open, multi-technology omlox standard