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UK’s Department for Business and Trade Announces Winners of Unicorn Kingdom Pathfinder Awards, Backing Next Generation of Tech Scale-Ups

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Four tech scale up companies announced as winners of the Unicorn Kingdom Pathfinder Awards (UKPA) across innovative categories such as AI and cyber security.Programme aims to nurture the world’s most talented scale ups within the UK’s tech ecosystem and help them establish a base in the UK economy.The UK has more unicorns than France and Germany combined and continues to be a prime destination for tech businesses from across the world.

LONDON, Nov. 15, 2024 /PRNewswire/ — Four innovative tech scale up businesses tackling challenges from connecting cancer patients to clinical trials, to improving IT systems’ resistance to cyber-attacks, have been announced as winners of the Unicorn Kingdom Pathfinder Awards (UKPA) – DBT’s largest global awards for tech scale up companies. 

The awards, hosted by the Department for Business and Trade (DBT), provide a unique opportunity to unearth the most promising businesses in tech and builds on the success of the UK’s Tech Rocketship Awards in 2023, which resulted in £67.4 million investment into the UK.  

The government is focused on transforming the UK into even more of a magnet for investors and global businesses of all shapes and sizes. The awards serve as a reminder that the UK is the place to do business, helping to advance further opportunities for investment and growth.

Finalists were drawn from four categories: AI, Cyber Security, Connected and Automated Mobility (CAM) technology and Digital Trade Solutions.  

The winners were announced yesterday at LinkedIn’s HQ in London, where the 10 finalists pitched to a leading panel of judges from the tech industry. They also heard from entrepreneur Alpesh B Patel OBE in a fireside chat, alongside panellists Envisionit Deep AI and Shopline – two successful businesses that have set up in the UK.  

The winners will also attend a roundtable at No10 to discuss their success at the awards and explore ways in which the UK can maintain its position as a premier destination to grow a business.  

Minister for Small Businesses Gareth Thomas said:  

“We have a thriving tech sector worth over $1 trillion, and our Pathfinder Awards are vital in encouraging more tech scale ups from around the world to do businesses here in the UK.  

“Not only does the UK have more unicorns than France and Germany combined, but our country continues to be a prime destination for tech businesses from across the world to come and succeed.”  

Winners of the UKPAs will receive a tailored growth programme to scale up their business in the UK, including support from leading industry and government sector specialists and expertise from DBT’s Global Entrepreneur Programme.   

Winners:  

AI: Massive Bio – an AI-driven platform connecting cancer patients to bio-pharmaceutical clinical trials. The primary goal is for individuals with cancer to be directed to clinical trials tailored almost precisely to their specific condition through accurate and rapid analysis.Cyber Security: CyLock- provides a simple solution to test IT systems’ resistance to cyber-attacks, facilitating ready-to-implement solutions for clients to overcome cybersecurity vulnerabilities.Digital Trade Solutions: Grubtech – empowering restaurants and grocery chains to adopt omnichannel capabilities without the burden of changing core solutions like point of sales.Connected and Automated Mobility: Bottobo – specialises in developing robotics solutions designed to streamline industrial processes and enhance operational efficiency. Mainly focusing autonomous mobile robots (AMRs) and software platforms revolutionising the way warehouses and distribution centres fulfil orders.

Cagatay Culcuoglu, Co-founder and Chief Technology Officer at Massive Bio said:

“It’s amazing to win the UKPA award for AI. The UK is a great place to expand globally and for business operations. We are looking forward to building our footprint in Commonwealth nations with the support of DBT and help cancer patients identify the right clinical trials.”

Diego Padovan, Chief Executive Officer at CyLock said:

“In cyber security, trust is something that is essential to provide your products. This kind of competition is crucial to building trust with our customers.”

Mohamed Hamedi, Co-Founder and Chief Technology Officer at Grubtech said:

“It’s great to have the UK as a base to accelerate our global expansion. Thank you to DBT for supporting us to open doors, remove barriers, and helping us to hit the ground running.”

Sancak Gülgen, Co-Founder of Bottobo said:

“We really appreciate the support from the UK government for startups and future unicorns. The most important part is that they have a clear plan for the future needs of the technology and focus for us.”

Increasing investment is a mission at the heart of this government. Britain is back and open for business, and our thriving tech sector, already worth $1.1 trillion, shows that the UK is the investment destination of choice.  

The UK is one of only three economies in the world with a trillion-dollar tech sector, closely behind the US and China, and we’re encouraging more tech scale ups to come to the UK and operate here.  

Our new Industrial Strategy will be international from the start, taking learnings from the best of what has been achieved globally. It will build on the UK’s strengths to support even more international businesses to thrive in our market. That’s why digital and tech is one of our growth sectors that will be a focus of the strategy.  

Full list of finalists:

AI:  

Massive Bio – An AI-driven platform connecting cancer patients to bio-pharmaceutical clinical trials. Pix Force – Specializes in developing artificial intelligence algorithms applied to computer vision.Westwell – One of the first companies in China to develop autonomous container trucks. Tessact – An AI Video Tech company which uses video recognition technologies built on advanced machine learning systems. 

Digital Trade Solutions: 

Gallarus Industry Solutions – Provides Intelligent Machine, IT & OT solutions that make smart decisions easy for customers. Grubtech – Empowers restaurants and grocery chains to adopt omnichannel capabilities without the burden of changing core solutions like point of sales. 

Connected & Automated Mobility (CAM):

MooVita – Curates smart mobility solutions to roadworthy autonomous vehicles for urban municipalities worldwide. Bottobo – Specializes in developing robotics solutions designed to streamline industrial processes and enhance operational efficiency. 

Cyber Security: 

CyLock – AI-powered B2B SaaS cybersecurity platform that analyses any IT system automatically and remotely without the need for technical knowledge, installation, configuration or maintenance. Cyberdes – Cyberdes provides AI meets semiconductors in the field of cyber security. 

Notes to Editors  

Full details of the awards can be found here: great.gov.uk/ukpa.More information on the Global Entrepreneur Programme can be found here: https://www.great.gov.uk/campaign-site/gep/The expert panel of judges included DBT Director of Investment John Edwards, Deputy Chief Scientific Adviser Tim Kay, Co-Founder of Blue Lake VC Lyuba Guk, and Group Operations Director of Founders Forum Ellie Steel

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OnPoint AR-AI Receives Award for Granted U.S. Patent Covering Augmented Reality (AR) Display for Spinal Rod Placement Related Applications

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OnPoint Surgical, a medical technology company pioneering Augmented Reality (AR) guidance and artificial intelligence (AI) for neurosurgical and orthopedic spinal procedures, today announced that its United States Patent No. 11,957,420, entitled “Augmented Reality Display for Spinal Rod Placement Related Applications” was honored at the 2024 Boston Invented Here! ceremony.

CONCORD, Mass., Jan. 15, 2025 /PRNewswire/ — “The ability to display virtual spinal rods through AR headsets and changing or adjusting the shape of pre-existing physical spinal rods to match the desired shape of the virtual spinal rod, for example based on intra-operative conditions and a desired correction, is unprecedented. A display of virtual rods aiming for virtual screw heads during rod insertion will enable an entirely new level of clinical performance, workflow improvement, and time savings during minimally invasive spinal procedures. I believe this technology will help achieve clinical outcomes with standard spinal rods that were previously only achievable with expensive custom rods.”, said Dr. Jeffrey McConnell, Associate Chief, Division of Orthopedic Surgery, Section of Spine Surgery, Lehigh Valley Health Network, Jefferson Health, Allentown PA.  

OnPoint is revolutionizing spinal surgery with its Augmented Reality and Artificial Intelligence (AR-AI) Platform with current and future applications in pedicle screw and interbody device placement, spinal deformity correction, and minimally invasive and endoscopic spine procedures. The AR-AI platform technology superimposes virtual surgical guides and virtual spinal implants onto the patient’s physical spine, directly in the surgeon’s visual field, using novel ultra-light, high resolution see-through optical head-mounted displays.  The technology offers many clinical and intra-operative benefits paired with impressive accuracy, procedural efficiency, and potential time savings. 

The Invented Here! Program celebrates New England innovators, their inventions, and the stories behind their innovations. With this program, the Boston Patent Law Association (BPLA) is transforming the nation’s relationship with science and technology and providing educational opportunities that inform the public of these fascinating innovations. 

“We are thrilled to have been recognized for the last several years for our innovations in the area of Augmented Reality, Artificial Intelligence, and Image Guided Therapy.” said Philipp Lang, MD, Founder and CEO of OnPoint.  “Spinal procedures are technically complex, requiring high spatial accuracy. Accurate execution of the surgery is paramount to achieving excellent outcomes for spinal patients. OnPoint Augmented Reality technology offers greatly improved hand-eye coordination for surgeons by directly displaying virtual surgical guides and, in the future, virtual spinal rods, onto the patient’s spine to improve accuracy and procedural workflows.”

About OnPoint AR-AI. 

OnPoint Surgical is a privately-held medical technology company pioneering Augmented Reality (AR) guidance and artificial intelligence (AI)  for spinal procedures, including implant and non-implant procedures, deformity correction, minimally invasive, endoscopic, and robotic applications. The company has surgeon advisors at world-renowned institutions including Harvard Medical School, Stanford University, Weill Cornell Medical College, and other prominent institutions across the United States.

The OnPoint AR-AI technology is broadly applicable to all spinal, neurosurgical, orthopedic, arthroscopic, and endoscopic procedures and many other applications in image guided therapy.

For more information visit www.onpointar.ai

OnPoint Surgical Receives Award for Newly Granted U.S. Patent related to Augmented Reality Guidance for Spinal Surgery

OnPoint Surgical, a technology company pioneering Augmented Reality (AR) guidance for neurosurgical and orthopedic spinal procedures, including manual and robotic spine surgery, today announced that its United States Patent No. 11,050,990, issued June 29, 2021, with title “Augmented reality guidance for spinal procedures using stereoscopic optical see-through head mounted displays with cameras and 3D scanners” was selected to be honored at the Boston Invented Here! ceremony on November 10, 2021.

OnPoint Surgical is revolutionizing spinal surgery, including deformity correcting, minimally invasive and endoscopic spine procedures, with an Augmented Reality (AR) platform technology that superimposes virtual surgical guides and virtual spinal implants onto the patient’s physical spine, directly in the surgeon’s visual field, using a novel see-through optical head-mounted display.  The technology offers many unique clinical and intra-operative benefits paired with impressive accuracy, procedural efficiency and time savings. The OnPoint AR technology is not only applicable to manual surgery, but is also an enabler for the next generation of robotic systems, using optics instead of, or in conjunction with, haptics. 

The purpose of the Invented Here! Program is to celebrate New England innovators, their inventions, and the stories behind their innovations. With this program, the Boston Patent Law Association (BPLA) is transforming the nation’s relationship with science and technology and providing educational opportunities that inform the public of these fascinating innovations. The 2021 Invented Here! ceremony is a particularly notable event through the participation of representatives of the United States Patent Office.

“We are thrilled to be recognized for the third year in a row for our innovations in the area of Augmented Reality and surgical guidance,” said Philipp Lang, MD, Founder and CEO of the OnPoint Companies.  “Spinal procedures are technically complex requiring high spatial accuracy. Accurate execution of the surgery is paramount to achieving excellent postoperative results for spinal patients. OnPoint Augmented Reality technology offers greatly improved hand-eye coordination for surgeons by directly displaying virtual surgical guides onto the patient’s spine to improve accuracy and quickly return patients to normal, everyday activities. The ability to display virtual spinal implants directly on the physical spine using augmented reality display prior to any irreversible surgical steps advances non-robotic, manual and robot guided surgery to an entirely new performance level, opening up the opportunity of improved clinical outcomes, less pain and faster recovery for millions of spinal patients.”

About the OnPoint Family of Companies. 

OnPoint Medical, OnPoint Surgical, OnPoint Knee, OnPoint Hip and OnPoint Sports are privately-held medical device companies pioneering Augmented Reality (AR) guidance for several procedures, including spinal surgery, knee replacement, hip replacement, arthroscopic, and robotic procedures. The companies have a Scientific Advisory Board from world-renowned institutions including Harvard Medical School, Stanford University, Weill Cornell Medical College, and other prominent institutions across the United States.

OnPoint technology is broadly applicable to all spinal, neurosurgical, orthopedic, arthroscopic, and other surgical procedures. OnPoint is expanding into multiple new applications and indications.

For more information visit www.onpointsurgical.com 

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SOURCE OnPoint Surgical, Inc.

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K2 Space Names John Plumb, Former Pentagon Space Policy Chief, as New Head of Strategy

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TORRANCE, Calif., Jan. 15, 2025 /PRNewswire/ — K2 Space, a startup manufacturing a high power, multi-orbit satellite platform, announced today that former Assistant Secretary of Defense for Space Policy John Plumb has joined as the new Head of Strategy. 

In his new position, Dr. Plumb will leverage over three decades of experience spanning military service, government leadership and space policy expertise to guide K2 Space’s strategic initiatives and technology development. 

“We are thrilled John is joining us at K2 Space,” CEO Karan Kunjur said. “John is a deeply respected leader in space policy and defense with a proven record of success. His dedication to strengthening US national security in the space domain is an ideal match for our growing company.”

Prior to joining K2 Space, Dr. Plumb served as Assistant Secretary of Defense for Space Policy, where he led the Department of Defense’s classified Space Strategic Review, the unclassified Commercial Space Integration Strategy, and the unclassified Space Policy Review and Strategy on Protection of Satellites. He rewrote the Department’s outdated space classification policy and spearheaded the expansion of the Combined Space Operations Initiative from 7 to 10 Allied nations. 

“K2 Space is building something new: large, high-power, resilient satellite buses built to withstand the harshest radiation environments in orbit – and doing so at price points associated with much smaller and less capable satellites. That’s a combination with significant national security potential,” said Dr. Plumb. “I am proud of my work in the Pentagon to develop the Commercial Space Integration Strategy and unlock the Department’s ability to harness the speed, innovation, and cost-effectiveness of the commercial sector. And I intend to continue to advance that strategy and US national security in my new role, working with the impressive team at K2 Space.”

Dr. Plumb’s distinguished career includes service as a fast attack submarine officer in the U.S. Navy, and previous civilian roles in the Senate, the Pentagon, and on the National Security Council staff. He holds a Ph.D. in Aerospace Engineering from the University of Colorado and a B.S. in Physics from the University of Notre Dame. 

About K2 Space
K2 Space is developing a high-powered, low-cost satellite bus platform that delivers the capability of exquisite satellites at the price point and speed of small satellites. Redesigned from the reaction wheel up, the K2 bus multi-manifests ten satellites per launch vehicle, is made to handle the harsh environment of MEO and GEO, and has the highest power electric propulsion system ever flown – making it the platform for Proliferated LEO, Proliferated MEO, and Proliferated GEO. K2 Space was started by a team of former SpaceX engineers and has raised $72M in venture capital to date, with the backing of leading funds like Altimeter Capital and First Round Capital.

Contact: press@k2space.com

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SOURCE K2 Space

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GEEKOM Announces the Best Cost-Effective Mini PC- GEEKOM A6

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TAIPEI, Jan. 15, 2025 /PRNewswire/ — GEEKOM, the Green Mini PC Global Leader, is going to release a new model named the A6 on January 17th, 2025.

This mini PC is already available for  pre-order on GEEKOM‘s official website. Priced at $449, it may just be the new best mini PC under $500.

According to the official information, the GEEKOM A6 mini PC employs a well-ventilated aluminum chassis which measures only 0.47 liter, but it packs enormous power under the hood, thanks to the perfect combination of a beefy processor, high-bandwidth DDR5 RAM, and a fast PCIe Gen4 SSD.

At the heart of the GEEKOM A6 is the AMD Ryzen 7 6800H processor. With 8 powerful Zen3+ cores, 16 threads and 16MB L3 cache, this mobile chip is on par with the latest mainstream desktop CPUs in processing speed, allowing the GEEKOM A6 to handle complex computing duties like multimedia editing, code writing and data-intensive analysis with ease. The integrated Radeon 680M GPU also matches entry-level discrete graphics cards in gaming performance, giving the A6 enough oomph to run modern AAA titles smoothly at 1080P resolution. In addition, the A6 comes with Windows 11 OS, so buyers can use the mini PC right out of the box.

When it comes to heat dissipation, the mini PC features GEEKOM’s super-efficient IceBlast cooling technology. With air being actively redirected to different layers of the system, and pushed out through the rear of the chassis, key internal components can stay cool and stable even when tasks are loaded.

Besides its superb performance, the GEEKOM A6 is also perfectly reliable. It is built with premium material and has undergone rigorous testing before mass production, including 120 hours of high and low temperature test, 90 minutes of vibration test, 15000 cycles of I/O plug-unplug durability test, strict EMI radiation test and more. As a result, the A6’s lifespan is expected to be twice as long as that of mini PCs from other brands. Also, each GEEKOM mini PC is covered by a 3-year limited warranty, and the company offers 24/7 after-sale services for its users.

The A6’s launch event will be streamed live on GEEKOM‘s official YouTube channel on January 17th, 2025. During the launch event, GEEKOM will randomly give viewers promo codes to get the A6 at a discounted price.

View original content:https://www.prnewswire.co.uk/news-releases/geekom-announces-the-best–cost-effective-mini-pc–geekom-a6-302351698.html

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