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Elliptic Labs Signs License Agreement with grow Platform GmbH, a Bosch Company

Jun 22, 2021News

Elliptic Labs selected for Smart Home Security Device spexor to provide a brand new, safe user experience

Oslo, Norway — Elliptic Labs (EuroNext Growth: ELABS.OL), a global AI software company and the world leader in Virtual Smart Sensors™, is announcing a new contract with grow platform GmbH, a Bosch company.  This contract will be for the use of Elliptic Labs’ AI Virtual Smart Sensor Platform™ in grow’s upcoming generation of spexor, a portable security assistant.

Elliptic Labs’ AI Virtual Smart Sensor Platform will employ spexor’s on-device hardware sensors to make the product smarter while adding features like accurate presence detection for better security and safety.  spexor has chosen Elliptic Labs due to the ability to deliver higher quality innovations consistently at scale.

grow’s current spexor version offers features such as intruder detection in homes or vehicles, the ability to measure air quality, and more — all in a small, portable package. Furthermore, it has the potential to detect hazardous gases. The next generation of spexor will continue to offer these features, plus innovative experiences enabled by Elliptic Labs’ AI Virtual Smart Sensor Platform.

“We are excited to work with grow because spexor is already unique and we are proud to make it even more unique and smarter. Customers and partners are choosing Elliptic Labs because we deliver Virtual Smart Sensors that enable wellness monitoring, proximity, presence and gesture detection cost-effectively at scale,” shared Laila Danielsen, CEO of Elliptic Labs.

“We’re looking forward to more collaborations with Elliptic Labs for future products that will truly make a difference in people’s lives,” explained Karsten Roenner, CEO at grow. Also the two founders of spexor, Tobias Riedel and Marko Häckel, are looking forward to the collaboration: “As we are working hard to make spexor not only the first but also the best portable security device in the world, we can rely on Elliptic Labs’ to continually innovate and bring useful user experiences to the market.”

Virtual Smart Sensors and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.

All other trademarks or service markets are the responsibility of their respective organizations.

About Elliptic Labs

Elliptic Labs is a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. Founded in 2006 as a research spin-off from Norway’s Oslo University, the company’s patented software uses AI, ultrasound and sensor-fusion to create Virtual Smart Sensors that deliver intuitive 3D gesture, proximity, presence, breathing and heartbeat detection experiences. Its scalable AI Virtual Smart Sensor Platform™ creates software-only sensors that are sustainable, human-friendly and already deployed in hundreds of millions of devices around the world. Elliptic Labs is the only software company that has delivered detection capabilities using AI software, ultrasound, and sensor-fusion deployed at scale. The company is listed on the Oslo Børs. 

Elliptic Labs is headquartered in Norway with presence in the USA, China, South-Korea, Taiwan, and Japan. Its technology and IP are developed in Norway and are solely owned by the company.

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