Growing the 5G ecosystem – Verizon expands 5G Labs to new locations on East and West Coasts
September 10 2018 - 02:24PM
Building on the success of its 4G LTE Innovation Centers and its
first 5G incubator in New York City at Alley, a membership
community for entrepreneurs, Verizon is expanding the program to
new locations on the East and West Coasts. Working with a new array
of innovators across a variety of verticals, Verizon will further
accelerate the development of tomorrow’s 5G use cases and
experiences while bringing all the locations under a new brand
identity that reflects Verizon’s vision for 5G development.
Verizon’s new 5G Labs – to be located in Washington DC, Palo
Alto CA, Waltham MA, and Los Angeles CA – will explore the
boundaries of 5G technology, co-create new use applications and
hardware, and engage with the community through programming
designed to encourage local innovators to rethink what’s possible
in a 5G world. The Labs will all be open by the end of 2018. Each
Lab will be outfitted with live 5G networks, giving local startups,
universities, and technology companies the opportunity to develop,
test and refine tomorrow’s 5G solutions.
“The future won’t be invented in boardrooms by people using
slide presentations,” said Toby Redshaw, Verizon SVP of Strategy,
Innovation and Product Development. “Our 5G Labs will be where
collaboration and innovation happen. We’re opening access to our 5G
network because we believe the next-generation solutions that will
ride on it will be the result of collaboration and innovation by an
entire ecosystem of developers.”
"5G is the technology of the future, and our partnership with
Verizon allows for emerging startups to leverage it as they build
the next generation of products that will shape our world,” says
CEO of Alley, Jason Saltzman. “We’ve created the first-ever brand
of community workspaces in the United States with access to 5G, and
the openings in Palo Alto and Los Angeles will enable more
entrepreneurs and industries to benefit from what 5G can help them
build. It’s the embodiment of our mission to bridge the gap between
corporate innovation and the local startup ecosystems.”
Local partnerships to accelerate the Fourth Industrial
Revolution
Each 5G Lab will have a live 5G network and will offer access to
dedicated space and resources to select participants who are
looking to explore test cases that will benefit from 5G’s high
speeds, massive bandwidth and ultra-low latency.
Each Verizon 5G Lab location will concentrate on industries and
technologies that draw from local expertise:
- New York City – media and financial technology
- Waltham, MA – robotics, healthcare and real-time enterprise
solutions
- Palo Alto, CA – emerging technology, education and big
data
- Washington, DC – public safety and first responders, cyber
security and hospitality
- Los Angeles, CA – immersive experiences such as augmented
reality and holograms
The new locations will replicate the success of the company’s
first 5G lab at the Alley location in New York City. Opened in
December 2017, that location has already helped several technology
and academic partners develop and prove-out a number of innovative
5G solutions including immersive education, remote healthcare,
cloud gaming, and mixed reality solutions for enterprises.
Verizon recently announced it will be first to launch 5G
residential broadband service in four markets in the U.S. – Los
Angeles, Sacramento, Houston and Indianapolis – in the second half
of 2018, followed by a mobile 5G solution in early 2019.
Learn more about Verizon’s plans for bringing 5G technology to
our customers.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York City, generated $126 billion in 2017 revenues. The company
operates America’s most reliable wireless network and the nation’s
premier all-fiber network, and delivers integrated solutions to
businesses worldwide. Its Oath subsidiary reaches people around the
world with a dynamic house of media and technology brands.
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Media contact:John
O’Malley215.638.5668john.omalley@verizonwireless.com@JohnOMalley_PR
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