sensewhere obtains further financial backing from Scottish Enterprise

Published on Wednesday May 16th, 2012

May 16, 2012, Edinburgh, UK

sensewhere Ltd (formerly SATSIS Ltd), a world leader in hyper-local and indoor positioning solutions today announced that it has secured a further £600,000 research and development grant as part of the Scottish Enterprise Smart:Scotland scheme.

sensewhere’s technology, which was developed at The University of Edinburgh’s highly rated School of Engineering, overcomes the technical challenges of indoor positioning by ‘crowdsourcing’ and referencing all available local Wireless Access Points (WAPS) and beacons to provide a dynamic database of hyper-local positioning information to the user. Uniquely, sensewhere users’ devices automatically update and correct the accuracy of the location networks as they use it

Smart:Scotland provides discretionary grants to support technical and commercial feasibility studies, and research and development (R&D) projects. Support is available on a discretionary basis at up to 35% of eligible project costs and to be eligible for grants, projects must last between 6 and 36 months.

Rob Palfreyman, CEO sensewhere, comments: “We are delighted to secure this grant which, for us, is a recognition of our work and the potential of the technology. Smart:Scotland is a manifestation of the forward-thinking investment in technology companies that has made Scotland the birthplace of so many revolutionary technologies, and a hotbed of digital innovation.

“Social networks and mobile phone companies have demonstrated the worth of outdoor location in enriching the user experience. There are even more opportunities within indoor locations, provided technology can deliver a great quality-of-service. This investment will help us as we continue to make this a reality.

Scottish Enterprise chairman, Crawford Gillies commented: “sensewhere is a great example of an ambitious Scottish company with a ‘can do’ philosophy to business growth. We have worked closely with the company from its early spinout and commercialisation stage, right through to today. We are supporting sensewhere to embark on a significant R&D project that will further develop its innovative technology and take it to a lucrative growing global market.

“Scotland continues to produce exciting innovative young companies with emerging technology, products and services that boast global potential and we want to see more of them access the wide range of support we have to offer at Scottish Enterprise.”

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