Motorola Solutions Announces Investment in TRX Systems

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Motorola Solutions
MSI
, through its strategic investment arm, Motorola Solutions Venture Capital, today announced its investment in TRX Systems, Inc. This investment will be used to fund integration of the TRX NEON Indoor Location System with Motorola Solutions radios, to expand the industrial and commercial location applications for which the TRX sensor fusion and mapping technology is applied and to scale sales and marketing. Motorola Solutions' investment is part of a nearly $2 million Series A investment round that includes New Dominion Angels, the Maryland Department of Economic Development and inside investors. TRX Systems is the developer of NEON, an award-winning personnel tracking system that delivers the location of people who are indoors and in urban areas where GPS is unavailable or unreliable (such as inside buildings and in tunnels or metros). NEON uses TRX sensor fusion and mapping to correlate information from a broad array of sensors, including magnetic, ranging, inertial, light, pressure, RF and GPS, and combines it with known and discovered map information. “TRX sensor fusion and mapping technology uniquely delivers 3D indoor location in environments where it
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