Last deal

$500.K

Amount

Venture - Series Unknown

Stage

10.08.2015

Date

5

all rounds

$4.1M

Total amount

General

About Company
TRX Systems, Inc. develops NEON, an indoor location system that provides precise tracking of personnel in GPS-denied environments.

Industry

Sector :

Subsector :

Also Known As

TRX

founded date

01.01.2004

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

NEON uses advanced sensor fusion, time of flight ranging, and mapping algorithms to deliver real-time location information of people inside buildings where GPS is unavailable and in outdoor urban areas where GPS is unreliable. The technology creates dynamic site maps and landmarks as people move around a building, and can be integrated into third-party systems. NEON is used in various industries, including industrial, public safety, and defense, to enhance command effectiveness, improve critical infrastructure security, and support training. TRX Systems also offers NEON Signal Mapper, which maps signal and sensor data in 3D for in-building testing of networks. The company aims to provide technologically advanced and durable positioning and timing solutions for warfighters and other low-SWaP-C platforms, continuously innovating and delivering on time and within budget.
Contacts