Macro-Eyes wins xTeachsearch6 Army 2022 Technology Innovation Competition

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WASHINGTON, June 27, 2022 /PRNewswire/ — Macro-Eyes, Inc has been selected as the winner of the Assistant Secretary of the Army’s Award for Acquisition, Logistics, and Technology (ASA(ALT)) xTechSearch 6 proof-of-concept finals held at the AUSA conference in Arlington, Virginia. Macro-Eyes Vision Based Inventory Management (VBIM) mobile supply chain technology was selected from 19 finalists, selected from more than 200 companies.

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xTechSearch is a competition sponsored by the Assistant Secretary of the Army for Acquisition, Logistics, and Technology (ASA(ALT)), targeting small businesses to discover new dual-use science and technology solutions to meet modernization challenges the most critical of the army. “Dual-use technologies are designed and built to benefit both the commercial sector and the national security sector.

“This is an important opportunity for Macro-Eyes to engage with the U.S. military. The military orchestrates one of the largest and most complex supply chains in the world,” said CEO Benjamin Fells. “As a company, we have focused on the toughest supply chain problems from the start – forecasting demand for accurate allocation of medicines and healthcare resources across Ivory Coast, Sierra Leone, Indiaand mozambique. We deployed core AI to create Positioning and Navigation (PN) technology for the Air Force Research Laboratory (AFRL) and Air Force Special Operations Command (AFSOC). Working with the military on inventory management is a natural fit and we are honored to expand where and how we can serve the US government. Improved operational visibility – delivered from devices already at your fingertips.”

Vision Based Inventory Management (VBIM) technology is an intuitive application for quickly identifying and counting supply – with just one click. The user points their device at a shelf, drawer or stash spread across a table and takes a photo. The technology does everything else: identify the products on the image and generate a count to check the stock in real time. Take a photo, generate your inventory register. No network connectivity required, the technology is designed and proven to work offline. It’s simple. System-wide visibility and auditability. The U.S. Department of Defense relies on the availability of key assets for each mission, and the GAO has identified a “dangerous visibility gap” at the U.S. military’s operational periphery and pushed for an immediate solution. Macro-Eyes is positioned to be that solution.

About macro eyes

Macro-Eyes is a venture capital-backed technology company that changes supply and demand networks to respond precisely to what is coming next, rather than what has already happened. Macro-Eyes technology is at work for businesses and governments in more than 10 countries. The core product provides enhanced capability to forecast consumption, position infrastructure, and predict behavior, even in low-data, high-uncertainty environments.

Create more with less by making ubiquitous systems intelligent. Macro-Eyes works for a world where nothing is wasted and where every resource generates the greatest impact. Rethinking the supply chain, Redesigning the world.

Logo: https://mma.prnewswire.com/media/1734439/macroeyes_logo.jpg

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SOURCE Macro-Eyes

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