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AV1 Group Announces Pilot for SMART transition of a Major Michigan City for $5.5 Million
AV1 Group Announces Pilot for SMART transition of a Major Michigan City for $5.5 Million.
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[{"type":"text","content":"\n \n \n AV1 Group Announces Pilot for SMART transition of a Major Michigan City for $5.5 Million\n \n \nAV1 Group Announces Pilot for SMART transition of a Major Michigan City for $5.5 Million\n \n LA JOLLA, CA--(Marketwired - Nov 6, 2017) - AV1 Group, Inc. (OTC: AVOP), a publicly traded investment and holding company, today announced that through its wholly-owned subsidiary, XFIRE Smart Systems, it has initiated a pilot program for a major city in Michigan to design and implement its SMART City transition with an estimated order of approximately $5,500,000. XFIRE Smart Systems' partner, Apollo Smart Lights, a provider of LED lighting solutions, will manufacture the lighting product for the projects.\n New research predicts the SMART City market will grow nearly 19% over the next 10 years, fueled primarily by governments investing in technology to keep up with urbanization. According to Persistence Market Research, the worldwide SMART City market will grow from its current $622 billion to pass the $1 trillion market in 2019 and eventually reach $3.48 trillion by 2026.\n Apollo Smart Light LED Series has the capability to provide street-wide wireless access for many different applications. The Apollo Smart Light design has the ability to have an all-in-one housing that incorporates a wireless MESH radio to allow remote access and monitoring of infrastructure, as well as secure access for the following applications:\n WIRELESS CAMERA & LIGHTING CONTROL\n The Apollo Smart Light Controller (SLC) is an intelligent wireless controller that uses state-of-the-art self-forming and self-healing mesh networking. It is economical enough to be used on individual lamps for remote operations including dimming. The SLC solution can also be integrated into legacy lighting and surveillance products.\n SMART PARKING METERS\n Putting quarters in a slot is something of the past. Most meters will now accept more modern types of payment. The wireless integrated Apollo Smart Light Series has the ability to create a MESH network over a city block or a city-wide area.\n UTILITY METERS\n With the integrated Automated Meter Reading/Advanced Metering Infrastructure (AMR/AMI) solution, cities can now move away from manual drive-by solutions to digital meters that MESH together and link wirelessly to a central network -- saving time and cost while improv...