Press release

Metawave Awarded as Technology Pioneer by World Economic Forum

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Metawave, a leading start-up revolutionizing the future of radar sensing for highly automated driving and lowering the cost and complexity for 5G connectivity, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers.” Founded in 2017, Metawave is headquartered in Palo Alto and has state-of-the-art labs located in Carlsbad and Palo Alto, CA.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. Technology Pioneers community is an integral part of the larger Global Innovators community of start-ups at the World Economic Forum.

Following its selection as Technology Pioneer, CEO Maha Achour of Metawave will be invited to participate at World Economic Forum activities, events and discussions throughout the year. Metawave will also contribute to Forum initiatives over the next two years, working with policymakers and private sector leaders to help define the global agenda on key issues.

“We’re excited to welcome Metawave to our 20th cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “Metawave and its fellow pioneers are developing cutting edge technologies all over the world. Beyond their innovations, these firms are contributing greatly to improving the state of the world.”

“We are honored to be a part of this elite group of World Economic Forum Technology Pioneers to be able to share our work and vision with global leaders,” said Metawave’s founder and CEO Maha Achour. “Metawave’s platforms are even more critical as we adjust to COVID-19 shelter-in-place followed by new ways to work, learn, entertain, and collaborate. 5G low-latency edge-services combined with mobility-as-a-service give us hope for secure and effective communications, new ways to transport people and physical goods, and even start to create and provide effective training for new kinds of jobs across a myriad of industries.”

This year’s cohort selection marks the 20th anniversary of the Tech Pioneers community. Throughout its 20-year run, many Technology Pioneers have continuously contributed to advancement in their industries while some have even gone on to become household names. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

2020 Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, blockchain, biotechnology and many more. The diversity of these companies extends to their leadership as well, as over 25% of 2020 Tech Pioneers are female led. The firms also come from regions all around the world, extending their community far beyond Silicon Valley. The full list of Technology Pioneers can be found here.

Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms. All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers20. More information on past winners, information on the community and the application link can be found here.

About Metawave: Metawave SPEKTRA™ is the first automotive, hybrid (analog + digital) beamsteering radar capable of distinguishing between and labelling objects that are closely separated at long ranges, in difficult driving scenarios and in all-weather conditions, making cars safer and smarter. Metawave TURBO™ active repeaters and FLECK™ passive reflectors enable faster, more efficient 5G deployments bringing connectivity to billions of users both indoors and out. All of Metawave’s platforms are powered by AWARE™, Metawave’s AI software for object classification on the road, and effective network optimization for 5G deployment. Visit us at www.metawave.co, email us at info@metawave.co, and follow us on Twitter @metawavecorp, LinkedIn, and YouTube.

About World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.

About the Global Innovators: The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. The World Economic Forum provides the Global Innovators Community with a platform to engage with public- and private-sector leaders and to contribute new solutions to overcome current crises and build future resiliency.

Companies who are invited to become Global Innovators will engage with one or more of the Forum’s Platforms, as relevant, to help define the global agenda on key issues.