SAN DIEGO, May 28, 2015 /PRNewswire/ -- Qualcomm
Incorporated (NASDAQ: QCOM) today announced the Qualcomm Robotics
Accelerator, powered by Techstars, has selected the 10 robotics
companies that will be participating in the four-month
mentorship-driven startup program:
- CARBON ROBOTICS
(http://www.carbon.ai/), San Francisco,
CA
- CLEVERPET (www.getcleverpet.com), San Diego, CA
- CTRL WORKS (www.ctrlworks.com), Singapore
- INOVA DRONE
(www.inovadrone.com), San Diego,
CA
- REACH ROBOTICS (www.reachrobotics.com), Bristol, UK
- SKYFRONT (www.skyfront.com), Hoboken, NJ
- SKY ROBOTICS (www.skyrobotics.com), Athens, Greece
- SKYSENSE (www.skysense.de), Berlin, Germany
- SOLENICA (www.solenica.com), Rome, Italy
- RATIONAL ROBOTICS (www.rationalrobotics.com),
Alberta, Canada
The companies moved into the newly remodeled accelerator space
on Qualcomm's main campus in San Diego,
Calif. on May 26. The 7,000
square foot collaborative space is outfitted with a lab and work
stations for the teams so they can focus on building next
generation robotics technologies. Qualcomm is committing over
$1 million in aggregate funding to
the program with each of the 10 participating companies receiving
an equal share. Additionally, the participants will be offered
business and technical insight on robotics during the program to
support them in taking their businesses to the next level.
The program will conclude on September
10, 2015 with a Demo Day where teams will have the
opportunity to pitch and demo their robotic innovations to an
audience of external mentors, investors and media as well as
executives from Qualcomm and Qualcomm Ventures, the investment arm
of Qualcomm Incorporated.
"The diversity and breadth of focus of the robotics accelerator
selectees demonstrates the remarkable innovation underway around
the world in this space," said Matt
Grob, chief technology officer, Qualcomm Technologies, Inc.
"Robots use many of the same technologies that are currently
present in smartphones and we at Qualcomm are gratified to have the
opportunity to provide entrepreneurs and innovators worldwide with
the technologies and support that will help them transform our
daily lives. We look forward to participating with the selectees in
this revolution."
Qualcomm has been actively doing research in robotics with the
aim to drive innovation in robotics through a state-of-the-art
computing platform, including hardware and software, built around a
Qualcomm® Snapdragon™ processor. Qualcomm Snapdragon is a product
of Qualcomm Technologies, Inc. It is the Company's belief that
flying and rolling robots need an integrated, high performance
computing and communications solution with integrated real-time
flight control, machine learning and computer vision capabilities.
Because of its work and leadership in these mobile technologies,
Qualcomm Technologies is well-positioned to bring them to robotics
and other adjacent industries. Qualcomm Technologies has unveiled
several of its robots, such as the Snapdragon Rover and rolling and
flying Snapdragon Cargo, to showcase how mobile technologies can
power robots and UAVs.
For more information about Qualcomm's robotics initiatives,
please visit www.qualcomm.com/robotics. For more information on the
Qualcomm Robotics Accelerator, powered by Techstars program and
additional details about the program's inaugural class, visit
qualcommaccelerator.com.
About Qualcomm Incorporated
Qualcomm Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G
and next-generation wireless technologies. Qualcomm Incorporated
includes Qualcomm's licensing business, QTL, and the vast majority
of its patent portfolio. Qualcomm Technologies, Inc., a
wholly-owned subsidiary of Qualcomm Incorporated, operates, along
with its subsidiaries, substantially all of Qualcomm's engineering,
research and development functions, and substantially all of its
products and services businesses, including its semiconductor
business, QCT. For more than 25 years, Qualcomm ideas and
inventions have driven the evolution of digital communications,
linking people everywhere more closely to information,
entertainment and each other. For more information, visit
Qualcomm's website, OnQ blog, Twitter
and Facebook pages.
About Techstars
Techstars is a global ecosystem that empowers entrepreneurs to
bring new technologies to market wherever they choose to build
their business. With 18 mentorship-driven accelerator programs
worldwide, Techstars exists to support the world's most
promising entrepreneurs throughout their lifelong journey.
Techstars provides access to over 5,000 founders, mentors
investors, and corporate partners, allowing entrepreneurs to
accelerate the pace of innovation and do more, faster. Techstars
makes entrepreneurship more accessible by providing access to
capital, guidance, marketing, business development, customer
acquisition, and recruitment. For more information,
visit www.techstars.com.
Qualcomm and Snapdragon are trademarks of Qualcomm Incorporated,
registered in the United States
and other countries.
Qualcomm Contacts:
Emily Kilpatrick, Corporate
Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
Warren Kneeshaw, Investor
Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
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SOURCE Qualcomm Incorporated