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Nearly a decade ago, a group of scientists at Oxford University created and patented a solid-state miniature atomic clock, making it possible to track anything anywhere in the world without reliance on satellites.
Soon after, we acquired the exclusive rights to the atomic clock and founded LocatorX. While the development of the microprocessor required to commercialize the solution is underway, we continued to innovate by developing a cloud-based platform that tracks products and assets, engages customers, and detects counterfeit activities when they occur. This solution is called LXConnect.
Key milestones in our company’s history are highlighted in the timeline below.
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LocatorX founded.
LocatorX signs agreement to determine feasibility of manufacturing a Solid-State Minature Atomic Clock using resonators on Buckyballs based on research conducted at University of Oxford.
Global Resource Locator patent application filed.
Solid-State Miniature Atomic Clock feasibility established.
LocatorX signs exclusive, global licensing agreement with Oxford University.
LocatorX commences test wafer development with University of Washington Nanofabrication Facility.
Commenced software development for asset tracking and management using Certified Blue Label and Product Certificate Authority.
Development on low-frequency resonating Buckyballs continues.
Successfully tested low-frequency resonation. Results published in Physics Review.
Enhanced development of asset tracking software for anti-counterfeiting demonstrated via Certified Event Log™.
Awarded Global Resource Locator Patent.
Scott Fletcher appointed President and CEO.
Anti-counterfeiting and supply chain tracking platform launched with global Consumer Packaged Goods customer.
Michael Fauscette (Chief Resource Officer at G2Crowd) joins Board of Directors.
Deborah Lee James (23rd Secretary, United States Air Force) joins Board of Directors.
Company headquarters relocated to Atlanta, GA.
Bruce Candebat joins as Chief Financial Officer.
Product line expanded to include “Chips-in-Labels” Certified Blue Labels.
Steve Maul joins as Chief Revenue Officer.
Pat Pickren joins as Vice President, Product.
Tom Watjen (former CEO of Unum Group) joins Board of Directors.
Recognized as one of Atlanta’s “Coolest Companies” by American Inno.
LocatorX certified as a Great Place to Work.
Sales Team Triples in Size as Austin Office Opens