Verizon and Newlab created the 5G Studio to support next-generation industry applications of 5G technology to transform healthcare, mobility, energy, and industrial automation.
With an on-site, ultra wideband 5G (mmWave) test bed at Newlab, teams selected for the Studio will build applications that transform how we approach and deliver solutions in a range of sectors.
The 5G Studio’s second cohort is seeking startups working in transformative technology that can leverage 5G to create applications that disrupt industrial automation, energy, and transportation.
Startups seeking to enable the next industrial revolution by making smart factories a reality, redefining production, supercharging workforces, and dramatically changing supply chains to quickly and sustainably deliver products to market.
Reimagining the energy equation in factories, vehicles, cities, suburbs, and isolated locations. From electric vehicle charging to grid management and new means of building construction to the creation of a new green standard for buildings.
Fundamentally transforming how the world moves—from how goods are operated and delivered across land, sea, and air to new long-haul and last-mile transportation alternatives.
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.
Grant funding pool divided among participating companies to support pilot development and offset associated costs; no equity taken.