(Excerpt below from article by Dean Takahashi originally posted on VentureBeat July 27, 2021.)

Verizon and Newlab want people to use 5G networks, and that’s why they created the 5G Studio. And now they’re welcoming a class of seven startups to leverage 5G.

The seven startups were selected from a cross-section of industries and disciplines and include companies specializing in autonomous robots and autonomous drone data collection, bi-directional EV charging stations, machine learning and AI, and more.

Above: Fermata Energy’s demo Image Credit: Verizon/Newlab

Fermata Energy installed a bidirectional charger and used its proprietary V2X energy management software to perform V2X activities with a Nissan Leaf using both 4G and 5G technologies. With the charger connected to Newlab’s building energy load, its testing compared peak shaving and load balancing operations of the electric grid between 4G and 5G. It proved 5G’s ability to react to changes in the grid based on near real-time data and with near-zero latency. Given the density of distributed energy systems to come in the near future, and the fleets of EVs connected to them, the ability to load-balance and optimize in near real time will be necessary to deliver energy services and spark new business models between the vehicle owner, buildings, and grids.

(Full article by Dean Takahashi originally posted on VentureBeat July 27, 2021.)

About Fermata Energy

Fermata Energy’s proprietary vehicle-to-everything (V2X) software and bidirectional hardware technology turns EVs into energy-storage assets, and makes it possible for EVs to combat climate change, increase energy resilience, and reduce energy costs. For more information, visit www.fermataenergy.com, and follow us on Twitter (@FermataEnergy), LinkedIn, and Facebook.