CAMBRIDGE, England--(BUSINESS WIRE)--Nov 4, 2024--
Cambridge Future Tech has entered into a relationship with Nokia Bell Labs and Nokia Ventures & Partnerships to establish OmniBuds LTD for the commercialization of Nokia Bell Labs OmniBuds platform, the world’s first ear-worn AI/ML computing platform designed to monitor vital signs, including heart and respiration rates, as well as users’ physical activities and audio experiences. This groundbreaking device is poised to revolutionise the health and wellness industry by providing continuous, real-time insights to care providers and enhancing patient care.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104321061/en/
The technology behind the OmniBuds platform unlocks new ways to measure and manage health data, enabling earlier interventions, better decision making and improved outcomes, all leading to a better quality of life for users.
Billions of people around the world are already familiar with putting intelligent devices in or on their ears, and the ear has long been targeted by researchers and companies alike as a window into the body for vital sign monitoring. The OmniBuds computing platform is a world-first, triggering a next generation in earable devices.
Cambridge Future Tech, a uniquely tech-first venture builder that turns cutting-edge innovations into market-leading businesses, is scaling OmniBuds to meet the growing demand for advanced health monitoring. Its engagement with Nokia Bell Labs, the award-winning global industrial research arm of Nokia and birthplace of transformative technologies from the transistor to information theory, will ensure that the OmniBuds platform is poised for commercial success worldwide.
Owen Thompson, CEO and co-founder of Cambridge Future Tech commented:
"Partnering with an institution as prestigious as Nokia Bell Labs is a privilege. Their track record for pioneering innovation is unmatched, and we’re excited to collaborate to advance cutting-edge technologies. OmniBuds has the potential to completely transform the health tech space and positively impact people's lives around the world.
“This partnership will enable us to push OmniBuds forward, creating a true breakthrough in personal health monitoring. We aim to bring this disruptive technology to market, accelerating its growth and driving significant change in the healthcare industry worldwide.”
By leveraging its commercial expertise and extensive network, Cambridge Future Tech collaborates with corporates and research groups to form strategic partnerships allowing it to pioneer new cutting-edge ventures.
Thierry E. Klein, President of Bell Labs Solutions Research at Nokia, commented:
“We are very privileged toengage with Cambridge Future Tech to commercialize the OmniBuds platform and create global impact through better health outcomes. We look to organizations like Cambridge Future Tech to accelerate the value creation from our research by taking our technology innovations out of the lab and putting them into the real-world. Nokia Bell Labs innovates with purpose to solve the most challenging industrial and societal problems. What could be more exciting than developing technologies to improve human health and well-being?”
Mike Chen, Vice President of Ventures and Partnerships at Nokia, commented:
“This engagement between Nokia and Cambridge Future Tech offers an accelerated external research commercialization pathway to harness the innovation developed by Nokia Bell Labs and utilize Cambridge Future Tech’s venture building prowess, to create new products and services for augmenting people’s lives.”
Notes to editors:
About Cambridge Future Tech
Cambridge Future Tech (CFT) founds DeepTech ventures. The company has created 80+ highly skilled jobs, raising over $10m in external funding, and over $5m in grant funding for its ventures.
Working with leading universities and tech transfer offices, Cambridge Future Tech will co-found eight new companies in 2024 - ahead of target to co-found a further 40 DeepTech ventures within five years. Cambridge Future Tech will build an additional eight ventures each year with their corporate partners. Recent work has also included industry giants AngloAmerican plc, Cemex Ventures and a partnership with CERN, the home of the Large Hadron Collider.
CFT is based in Cambridge, UK, led by CEO Owen Thompson. It is dedicated to the creation and growth of technologies that never would have existed without early-stage intervention. They work closely with leading UK universities, scientists, and inventors to commercialise scientific discoveries and technological innovations. CFT is at the forefront of driving DeepTech innovation for global impact.
For more information about CFT, visit www.camfuturetech.com.
For photos of the CFT team and Nokia’s Mike Chen, and OmniBuds product image, please click here - photos.
About Nokia
At Nokia, we create technology that helps the world act together.
As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.
With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.
OmniBuds, the world's first ear-worn AI/ML platform for physiological monitoring (Photo: Business Wire)
MOSCOW (AP) — Russia marked the 80th anniversary of the defeat of Nazi Germany in World War II with a massive military parade on Red Square on Friday attended by President Vladimir Putin and foreign leaders, including Chinese President Xi Jinping and Brazilian President Luiz Inácio Lula da Silva.
Victory Day, which is celebrated in Russia on May 9, is the country’s most important secular holiday. The parade and other ceremonies underline Moscow’s efforts to project its global power and cement the alliances it has forged while seeking a counterbalance to the West amid the conflict in Ukraine that has dragged into a fourth year.
World War II is a rare event in the nation’s divisive history under Communist rule that is revered by all political groups, and the Kremlin has used that sentiment to encourage national pride and underline Russia’s position as a global power.
The Soviet Union lost 27 million people in what it calls the Great Patriotic War in 1941-45, an enormous sacrifice that left a deep scar in the national psyche.
Speaking at the parade, Putin hailed Russian troops fighting in Ukraine, saying that “we are proud of their courage and determination, their spiritual force that always has brought us victory.”
The parade featured over 11,500 troops and more than 180 military vehicles, including tanks, armored infantry vehicles and artillery used on the battlefield in Ukraine. As a reminder of Russia's nuclear might, launchers for the Yars nuclear-tipped intercontinental ballistic missiles rolled across Red Square.
Fighter jets of Russian air force's aerobatic teams flew by in close formation followed by jets that trailed smoke in the colors of the national flag.
The parade was the largest since Moscow sent troops into Ukraine in February 2022 and had the highest attendance by global leaders in a decade.
Afterwards, Putin shook hands with Russian military officers who led the troops on Red Square and spoke to a group of medal-bedecked senior North Korean officers who watched the parade, hugging one of them.
Last month, Putin thanked North Korea for fighting alongside Russian troops against Ukrainian forces and hailed their sacrifices as Pyongyang confirmed its deployment for the first time.
The Russian and North Korean statements that underlined their expanding military partnerships came after Russia said that its troops have fully reclaimed the Kursk region that Ukrainian forces seized in a surprise incursion last year.
Festivities this year were overshadowed by Ukrainian drone attacks targeting Moscow and severe disruptions at the capital’s airports.
Russian flag carrier Aeroflot on Wednesday morning canceled more than 100 flights to and from Moscow, and delayed over 140 others as the military were repelling repeated Ukrainian drone attacks on the capital.
Russian authorities have tightened security ahead of the parade and cellphone internet outages have been reported amid electronic countermeasures aimed at foiling more potential drone attacks.
Putin had declared a unilateral 72-hour ceasefire starting May 7 to coincide with the Victory Day celebrations, but warned that Russian troops will retaliate to any attacks. Moscow has been reluctant to accept a U.S.-proposed 30-day truce that Ukraine has accepted, linking it to a halt in Western arms supplies to Ukraine and Kyiv’s mobilization effort, conditions Ukraine and its Western allies have rejected.
Ukrainian authorities reported scores of Russian strikes on Friday that killed at least two people in the Kherson and Zaporizhzhia regions and damaged buildings.
As the Red Square parade and other festivities unfolded in Moscow, dozens of European officials were meeting in Lviv, in western Ukraine, to endorse the creation of a special tribunal tasked to prosecute Russian officials accused of war crimes.
“Today, we celebrate Europe Day with Ukraine and its people,” EU foreign policy chief, Kaja Kallas, wrote on X, adding that “we stand united with Ukraine for a lasting peace.”
Chinese President Xi Jinpin, left, Russian President Vladimir Putin, centre, Tajikistan's President Emomali Rakhmon, right, and President of the Republic of Congo Denis Sassou Nguesso, centre right, attend a wreath laying ceremony at the Tomb of the Unknown Soldier in Alexander Garden after the Victory Day military parade in Moscow, Russia, Friday, May 9, 2025, during celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Yuri Kochetkov/Pool Photo via AP)
Russian Defense Minister Andrei Belousov is driven along Red Square in an Aurus car during the Victory Day military parade in Moscow, Russia, Friday, May 9, 2025, marking the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Alexander Wilf/Photo host agency RIA Novosti via AP)
From second right: Turkmenistan President Serdar Berdimuhamedow, Tajikistan's President Emomali Rakhmon, Russian President Vladimir Putin and Chinese President Xi Jinpin watch the Victory Day military parade in Moscow, Russia, Friday, May 9, 2025, during celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Sergei Bobylev/Photo host agency RIA Novosti via AP)
Russian servicemen take part in the Victory Day military parade in Moscow, Russia, Friday, May 9, 2025, marking the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Maxim Bogovid/Photo host agency RIA Novosti via AP)
Turkmenistan President Serdar Berdimuhamedow arrives in Moscow, Russia, Friday, May 9, 2025, for celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Mikhail Voskresensky/Photo host agency RIA Novosti via AP)
Serbian President Aleksandar Vucic, left, arrives to attend a working lunch with Chinese President Xi Jinping at the The Faceted Chamber of the Kremlin's Grand Palace at the Kremlin in Moscow, Russia, Thursday, May 8, 2025, ahead of celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Mikhail Metzel, Sputnik, Kremlin Pool Photo via AP)
Russian President Vladimir Putin greets President of Brazil Luiz Inacio Lula da Silva, left, ahead of the Victory Day military parade in Moscow, Russia, Friday, May 9, 2025, marking the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Alexey Nikolsky/Sputnik, Kremlin Pool Photo via AP)
President of Russia Vladimir Putin, right, and President of China Xi Jinping talk during a dinner on behalf of the President of the Russian Federation for heads of foreign delegations in the Grand Palace at the Kremlin in Moscow, Thursday, May 8, 2025, ahead of celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Sergey Bobylev/Photo host agency RIA Novosti via AP)
Military troops stand in formation in Red Square before the Victory Day military parade in Moscow, Russia, Friday, May 9, 2025, during celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Alexey Maishev/Photo host agency RIA Novosti via AP)