Wirepas raises €10m to drive DECT into IoT
Wirepas in Tampere, Finland has raised €10m to commercialise the DECT-2020 New Radio (NR) technology that is being included in the 5G standard. The technology was tested through simulations by research lab VTT in Finland earlier in the year.
“The extremely detailed simulations suggested that DECT-2020 NR has good power consumption and coverage properties. It also works well in varying user node densities, providing much needed flexibility in supported applications and system deployments. The use of mesh network topology is key to achieve these benefits,” said Juho Pirskanen, Principal System Engineer at Wirepas.
As part of the 5G standard, the DECT-2020 NR implementation would have to support at least a million user nodes per square kilometer with the transmission of one packet in two hours per device. This was modelled by VTT.
“We developed a simulator where the simulation scenario could be split into several stages to minimize run time and computer memory consumption, which were both extremely high,” said said Mika Lasanen, Senior Scientist and Project Manager at VTT. “We then ran various parallel simulations with high-performance computers. The simulation platform enabled testing performance of a very complicated network in a reasonable time: the biggest scenario where we analysed four million user nodes in a time period of two hours took only 24 hours in real time,” he added
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“We have great trust and experience in VTT’s radio experts for third-party technology validation. We are very pleased on VTT dedication on simulation details and results reliability showing that the DECT-2020 NR technology exceeds the ITU requirements. It is an important step in this standardization journey continuation. It offers completely new levels of performance for enterprises who can now independently manage their IoT solutions including networks and data,” said Jussi Numminen, Director of radio strategy and IPR at Wirepas.
The funding for the development of a mesh network implmenation of the DECT-202 NR standard comes from existing investors Karma and Tesi and will be used to strengthen Wirepas’ longer-term research and to further develop its Massive IoT mesh software. This provides large-scale mesh connectivity software for large IoT networks and is being used by over two hundred clients including Fujitsu, Prologis, Wurth, Schaeffler, Orange and Fagerhult.
Wirepas will also be hiring with a focus on development, testing and delivery, all aspects needed to successfully bring the technology to market.
“Thanks to the great market interest and lead customers’ fast time to market targets, we have decided to accelerate the first non-cellular 5G product development. We knew our solution was special and the need has become even more apparent and urgent over the past several months. This new injection of funds will help us continue to do what’s in our customers best interest, and that’s getting it done efficiently and as soon as possible. We target to have the commercial launch in 2022,” said Teppo Hemiä, CEO of Wirepas.
“Karma focuses on deep tech and the impact it can have. Wirepas, with its solid team, technical strength, massive traction, and amazing steps in 5G, is in an ideal phase to benefit from more funding. We are convinced that Wirepas is changing the IoT landscape forever,” says Tommi Uhari, Partner at Karma.
The technology is aimed at scalable, high-density applications in a multitude of areas such as smart meters, building management systems, logistics and smart cities. More specifically, it will assist in the urbanization, building, and energy consumption in the construction of smart cities.
“This is exactly what an investor hopes to see. We knew Wirepas had a great read on the needs of its clients and industries that have been struggling to find a solution that truly works for them. We’re excited to see the technology deployed and true impact realized,” said Juha Lehtola, Head of Direct VC Investments at Tesi.
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