|By Business Wire||
|February 19, 2014 06:23 AM EST||
As covered on the BBC earlier today, pureLiFi, the light communications technology company, will demonstrate the first commercially available Li-Fi system - Li-1st - at Mobile World Congress in Barcelona between 24th and 27th February.
pureLiFi to demonstrate first ever Li-Fi system at Mobile World Congress (Photo: Business Wire)
pureLiFi is at the forefront of research and commercialisation into Li-Fi, an industry expected to grow from $100 million to $6 billion by 2018. Visible Light Communication (VLC) is the use of light to transmit data wirelessly. Li-Fi - a term coined by pureLiFi’s Chief Science Officer and co-founder, Professor Haas – is a technology based on VLC that provides full networking capabilities similar to Wi-Fi, but with significantly greater spatial reuse of bandwidth.
Professor Harald Haas said:
“After achieving so many technological breakthroughs and development milestones in 2013, 2014 will see pureLiFi solidifying its market leadership position by delivering a roadmap of new, ground-breaking products.”
“Adding to our team is one of the main priorities this year, along with the establishment of key relationships in the many market segments applicable to Li-Fi. 2014 is going to be another exciting year for the Li-Fi industry and we are well positioned to achieve significant growth as the market expands worldwide.”
About pureLiFi, Li-1st and the Li-Fi industry
1. ‘The internet through a lightbulb’, Rory Cellan-Jones, BBC http://www.bbc.co.uk/news/technology-26245544
2. pureLiFi (formerly known as pureVLC) is a light communications technology company formed in 2012 as a spin-out from the University of Edinburgh to create OEM components, including Li-Fi drivers and receivers.
3. Li-1st can operate with a range of commercially available LED luminaries. It provides an IP enabled ceiling unit and a desktop device that can be connected via USB to client devices.
4. Markets and Markets research says that the total value of sales in the Li-Fi industry is set to increase from $96 million in 2012 to over $6 billion in 2018.