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Loctio

Loctio

Loctio is a deep tech startup trying to tackle efficiently the positioning of IoT devices
#B2B
Where we're at?
Idea
Validation
Adoption
Growing

Concept and business plan team may be incomplete.

Idea is formed project ready to launch.

Have paying customers adapting to market.

Growing company and users!


Passion

Leaving aside the technology and marketing jargon, Loctio was conceived by a heterogeneous team full of creativity which thought once that processing the satellites raw signals at the Cloud or Edge it’s an idea that rocks. Then it mobilized its human resources to explore whether this idea's incarnation would be remediating potential adopter existing pains or be furnishing gains and most importantly if what we envisage as a customer would be willing to pay for this materialization. All this intriguing endeavor wound up to a viable and scalable business model much appreciated by what constituted later on our VC and angel investors.

We do strongly believe that now external key technology and business drivers have been enabled hence our technology has been rendered a protagonist in power-efficient, resilient, and secure IoT devices positioning.

Products

IoT sensors have experienced dramatic growth in recent years due to the advent of low-power wireless communication technologies such as LoRa, SigFox, or narrowband IoT (NB-IoT). However, most of the sensors implementing positioning functionalities are still relying on chipsets that process the signals received from Global Navigation Satellite Systems (GNSS), such as GPS or Galileo, compute the user's position, and then report this position together to a remote sensor. This approach implies a high-power consumption that compromises the battery lifetime of these sensors and thus incurs a significant cost.

Loctio technology redresses this problem by exploiting the new paradigm of network- (Cloud or Edge) based snapshot GNSS positioning, which enables ultra-low power positioning for IoT devices. The key feature resides in migrating all computationally intensive tasks outside the limited resources of IoT devices, thus resulting in a dramatic reduction of power consumption without compromising the accuracy. This migrated processing into network comprises the positioning/location service Loctio is offering.

The concept relies on retaining only the GNSS radiofrequency front-end within the IoT device for conditioning and digitizing the received satellite signals. The digitized samples are then conveyed over an IoT-resident communication interface to the Cloud or Edge data center where signal acquisition and position reckoning actually take place. This is in contrast to the conventional approach as for now, where everything runs on the device as fleshed out in COTS GNSS receivers. The advantage of the proposed Cloud-/Edge-based GNSS positioning paradigm is not only to dramatically reduce the power consumption of the IoT device but also to open the door for the full exploitation of the Cloud-/Edge- computational resources. In this way, low-cost IoT devices can access advanced features such as anti-spoofing, signal authentication, and crowd-sourcing positioning, that otherwise would be reserved for high-end and professional receivers only.

Founders
  • Lazaros Kapsias
    CEO
    Lazaros Kapsias (May 12, 1978) holds a BSc in Physics and an MSc in electronic circuits and embedded systems design. He was the co-founder, CTO and... Read More
  • Marios Karagiannopoulos
    Cloud Architect
    Marios Karagiannopoulos (Feb 24, 1978) holds a BSc in Software Engineering and an MSc in Computational Mathematics & Informatics. He is current... Read More
  • Gonzalo Seco Granados
    Scientific Advisor
    Gonzalo Seco-Granados (November 25, 1972) holds a Ph.D. degree in Telecommunications Engineering from the Universitat Politècnica de Catalunya and ... Read More
  • Christos Makiyama
    Business Development
    Christos Makiyama (March 10, 1971) holds a BEng. in Electronics Engineering from Osaka Institute of Technology, Japan. He has over 20 years of expe... Read More
  • Nikos Kanistras
    Project Manager
    Nikos Kanistras (April 30, 1980) holds a Diploma in Electrical and Computer Engineering, an MSc in Digital Signal Processing, and a PhD in Channel ... Read More
  • Panagiotis Galiatsatos
    System Architect
    Panagiotis Galiatsatos (Jan 8, 1981) holds a BSc in Physics and an MSc in electronic automation and digital design. During the period Sep 2012 - Au... Read More
  • Jose A.Lopez-Salcedo
    Scientific Advisor
    José A. López-Salcedo (October 20, 1978) holds an MSc and a PhD degree in Telecommunications Engineering from the Universitat Politècnica de Catalu... Read More
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