5G Open Innovation Lab continues expansion with e& Group and 14 startups
5G Open Innovation Lab (5G OI Lab) has announced that e&, an international telecommunications company, has joined the Lab’s innovation ecosystem.
E& Group, formerly Etisalat Telecommunications Group, is a technology and investment group. Operating in sixteen countries across the Middle East, Asia and Africa, the company says it serves 159 million customers daily.
In addition, 5G Open Innovation Lab has announced the addition of 14 new startups to its open ecosystem, bringing the total number of participating companies to 101. These startups represent various areas such as IoT/blockchain, cybersecurity, IoMT, next-generation networking and network planning, autonomous vehicles and 3D mapping. Since its inception in 2020, participating startups and 5G OI Lab alumni have raised a lifetime total of $1.641 billion, with several exits valued at over $200 million.
“Along with our enterprise, global technology partners and startups, 5G OI Lab is creating the world’s most open ecosystem where small and large industry players truly collaborate in ways that are moving the market beyond talk and into action,” says Jim Brisimitzis, the founder and general partner of the 5G Open Innovation Lab.
The Lab has also announced the addition of Professor Sumit Roy to its technical advisory team. His research focuses on advanced wireless networking. He recently served as program lead for Innovate Beyond 5G at the US Department of Defense, promoting open source/open standards components for B5G/6G and various other 5G-aligned architectures and protocols.
“Sumit will serve as a valued resource for the Lab in promoting collaborations among Federal/State, technology and academic stakeholders,” says Brisimitzis. “This will ensure the necessary alignment of commercial xG drivers with USG needs/priorities while leveraging the lower TRL advances originating from startups and academia.”
For the past four years, the 5G Open Innovation Lab has been connecting international corporate and industry partners, startups and investors.
Airgap Networks selected to join 5G Open Innovation Lab’s startup program
Airgap Networks has been chosen to join 5G Open Innovation Lab’s Batch 7 Spring Program in 2023.
“We feel honored to be selected by 5G Open Innovation Lab to help accelerate private 5G adoption,” said Ritesh Agrawal, the CEO of Airgap Networks.
Airgap is a security company that provides Zero Trust network solutions. Airgap says its service can quickly isolate endpoints and stop ransomware propagation within a few hours.
“Every new environment, including 5G, is a new Zero Trust challenge for network security teams,” says Agrawal. “Every new environment, including 5G, is a new Zero Trust challenge for network security teams. We want to help dramatically accelerate the adoption of edge computing and private 5G by bringing scalable Zero Trust segmentation and network access to these environments.”
The program is an ecosystem of startups, enterprises, industry partners and investors that come together to develop new technologies that utilize edge computing and 5G.
Article Topics
5G | 5G Open Innovation Lab | Airgap Networks | e& Group | innovation | R&D | security | wireless
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