Asset tracking & AI | Waymo in Pittsburgh | IoT for everyday use
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"In Silicon Valley and New York, funders are starting to recognize the possibilities in the middle of the country." — Eric Wagner, executive vice president, government programs, Ubihere
Today’s itinerary:
August 5, 2021
A CHAT WITH AN INNOVATOR
Turning university tech into products 
Eric Wagner, executive vice president of government programs, Ubihere
Eric Wagner worked at The Ohio State University (OSU), where he oversaw commercialization of new innovations and supported the launch of over 22 technology startups.
One of those startups was Ubihere, a software company located in Hilliard, Ohio, that develops next-generation real-time location systems. Ubihere's patented artificial intelligence (AI) technology is the next-generation standard for asset tracking across an array of industries including health care, warehousing and manufacturing.
Ubihere has received more than $11 million in research and development at OSU in support of the “Return to the Moon” and “Mission to Mars” programs. Recently, the company was awarded a six-month, $150,000 contract from the U.S. Air Force to apply its patented technology, Ubivision, to drones.
Fast Future spoke with Wagner, who is now the executive vice president of government programs at Ubihere, about the company and the tech behind it.
What is Ubivision?
Wagner: It’s a patented process and method for geospatial awareness and recognition — how to find things in a 3D space. The starting premise was, ‘how do we recognize where things are in relative position to each other without GPS or other stimulus?’ The technology is based on video processing technology created by Dr. Alper Yilmas, who has a nationally recognized geospatial analytics lab at OSU.
How did Ubihere start?
Wagner: My partner and I met Dr. Yilmas when we were building the Center for Design and Manufacturing Excellence (CDME), a 60,000-square-foot innovation center at Ohio State. We were helping university professors get their technologies out there as products. Ubihere was one [technology] that we paid special attention to because we knew its potential valuation.
In 2016, Dr. Yilmas decided to spin his company out. Like a lot of university research spinouts, it didn’t necessarily move that fast. Rev1 Ventures was trying to incubate and mature that technology. They contacted me at Converge Ventures when we were starting and asked us to take a substantial role in the company to mature it. We agreed and launched the company in the spring of 2018. From there, we’ve been taking that patent and turning it into a suite of products.
What kind of products?
Wagner: We’re focusing on a suite of intelligent tag systems that we call UB Tracks. It’s a relatively low infrastructure footprint for indoor/outdoor tracking of assets, people, equipment or whatever it may be.
“The starting premise was, ‘how do we recognize where things are in relative position to each other without GPS or other stimulus?’"
— Eric Wagner, Ubihere
There are a number of real-time location systems (RTL) out there trying to accomplish indoor tracking, making it easy for large, multi-facility and water-building facilities like health care campuses, to track their assets across an entire campus. Those solutions were falling short. For instance, they promised two years of battery life but were dying in six weeks. They promised they would be super accurate, but they spent too much time trying to find the things that they had tagged to know exactly where they were. They just weren’t getting there.
That’s when we started our first product line. It was initially funded internally, and then the U.S. Air Force funded about $1.2 million of further development of the technology.
Is the tech in use right now?
Wagner: We are currently at Dyess Air Force Base, tracking aerospace ground equipment for the 7th Bomb Wing assigned to the Global Strike Command Eighth Air Force. They are already lining up funding for the next two bases to start tracking assets across those bases.
Who is the customer for this tech?
Wagner: Health care systems, big industrial manufacturing facilities…those types of things. Our product is also used in the retail sector to monitor product display effectiveness and interaction, as well as store operations and process flow.
What are the advantages of having a startup in Ohio?
Wagner: In Silicon Valley and New York, funders are starting to recognize the possibilities in the middle of the country. They’re starting to do more funding, and I think it's going to open up more. Share this story!
FEATURED TECH EVENT With TALK Louisville and Techfest
Gain tech insight and network with industry experts at Techfest Louisville, August 26-27 Join the Technology Association of Louisville (TALK) on August 26 and 27 for Techfest Louisville. You will learn from expert panels in the areas of edge computing, 5G & broadband, cybersecurity and how to combat social isolation with technology. This year’s Techfest will be at Noble Funk Brew Co., (922 S. Second St. in Louisville). TALK's TechFest Louisville is a biennial summit designed to bring together technology professionals for learning and networking. Featured Panels — Day 1, August 26
Featured Panel — Day 2, August 27
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PUDDLE HOPS
Durham to prepare students for agbiotech DURHAM, NC—A new training program at the Durham Technical Community College will prepare students for good-paying, entry-level jobs in North Carolina’s growing agricultural biotechnology industry. Agriculture is the state’s largest industry, with an annual economic impact of about $96 billion across food, fiber and forestry production. Waymo opens office in Pittsburgh PITTSBURGH, PA—Former Google self-driving car project Waymo is opening an office in Pittsburgh that will focus on autonomous technology. The new office will bring talent and expertise in from Pittsburgh’s RobotWits, which provides planning and decision-making technologies for self-driving vehicles. IoT for everyday use WEST LAFAYETTE, IN—Purdue University engineer Ramses Martinez has been hard at work, making IoT more practical for everyday use. His inventions include a way to change the volume of your music by touching your clothes and disposable smart bandages that can monitor a wound for you. Martinez is an expert in cyberphysical interaction and an assistant professor of industrial engineering and biomedical engineering. Moving and securing data with blockchain OMAHA, NE—Kyle Tut, a software engineer who developed an interest in blockchain and cryptocurrency in 2017, has founded a company called Pinata. Billed as a simple way to upload files onto the InterPlanetary File System (IPFS), Pinata is essentially a platform for moving and securing data through blockchains. Dayton is an emerging tech hub DAYTON, OH—A new report from real estate firm CBRE designates Dayton as a top “emerging” technology hub. According to the report, the Dayton metro area’s tech employment in 2020 was 18,930, with growth in technology jobs in the past five years pegged at 31% and tech wages at just over $90,000. Share these stories!
FUELING THE FUTURE
What is fueling Fast Future Country innovation? In this weekly feature, we share a variety of announcements covering funding, acquisitions, exits, grants and everything in between. Got something to celebrate? Click here to share your story.
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NAME THAT Fast Future CITY!
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