bitsensing’s TraXight Earns Top Honors at CES 2025
21-11-2024 | By Jack Pollard
bitsensing, a global leader in advanced radar solutions, has announced that its TraXight system has been named a CES 2025 Innovation Awards Honoree in the Smart Cities category. This prestigious recognition highlights the company’s groundbreaking work in Intelligent Transportation Systems (ITS) and its commitment to advancing smart city technologies. CES, the world’s most influential technology event, will take place from 7-10 January 2025 in Las Vegas, showcasing innovations that shape the future.
Key Things to Know:
- Award-Winning Technology: TraXight received top scores for its engineering, functionality, and design, distinguishing it in the competitive Smart Cities category.
- Smart City Focus: TraXight integrates radar data analysis to provide real-time traffic insights, AI-driven signal optimization, and big data insights for urban planning.
- CES Recognition: Being named an honoree underscores bitsensing’s leadership in delivering innovative solutions that improve safety, reduce congestion, and enhance sustainability.
- Global Impact: TraXight has already been deployed in key projects such as the Porta Nuova initiative in Verona, Italy, and Korea’s K-City Network Project.
What is TraXight?
TraXight is a cutting-edge solution from bitsensing designed to revolutionize Intelligent Transportation Systems (ITS). As a total package companion to bitsensing’s Traffic Insight Monitoring Sensor (TIMOS), TraXight provides a comprehensive platform for monitoring, collecting, and managing intersection traffic data, empowering smart cities with actionable insights.
Integration with TIMOS
While TIMOS excels in hardware-based traffic monitoring, even in harsh weather conditions, TraXight enhances its capabilities by visualizing and analyzing the rich radar data collected by TIMOS. Together, these systems offer unparalleled real-time traffic insights, enabling cities to address congestion and safety challenges more effectively.
Core Functions
- Real-Time Traffic Monitoring: TraXight provides real-time data on traffic patterns, capturing critical statistics for improved decision-making.
- Problem Diagnosis: The system identifies and diagnoses traffic issues, offering precise insights to mitigate bottlenecks and enhance flow.
- AI Simulation-Based Signal Optimization: By leveraging AI-driven simulations, TraXight optimizes traffic signals to reduce congestion and improve safety.
- Big Data Insights: TraXight generates comprehensive data sets that support smarter urban planning, allowing cities to create sustainable and efficient transportation systems.
With its robust analytics and real-time capabilities, TraXight sets a new standard in ITS, helping cities around the world build safer, more sustainable, and more informed traffic networks.
Judging Criteria and CES 2025 Recognition
bitsensing’s TraXight earned its designation as a CES 2025 Innovation Awards Honoree following a rigorous evaluation by a panel of industry experts. The judging process focused on multiple aspects, including engineering excellence, functionality, aesthetic appeal, and innovative design. TraXight stood out for its robust engineering, delivering real-time traffic monitoring and AI-based signal optimization, while its intuitive design and usability further distinguished it as a leader in the Smart Cities category.
TraXight’s integration with TIMOS and its ability to provide actionable insights for Intelligent Transportation Systems (ITS) showcase its innovative edge. These capabilities highlight the product’s uniqueness in addressing urban transportation challenges through cutting-edge technology. Its recognition at CES 2025 underscores bitsensing’s dedication to pioneering solutions that enhance urban mobility and sustainability.
As a top-scoring product in the Smart Cities category, TraXight cements its position as a transformative tool for modern cities, reinforcing bitsensing’s leadership in radar technology and intelligent traffic management systems.
Innovative Applications of TraXight
TraXight has already demonstrated its transformative potential through real-world deployments that showcase its ability to enhance traffic management and urban planning. By integrating advanced radar technology with actionable insights, TraXight is enabling smarter, safer, and more sustainable cities.
Use in Verona, Italy
One of TraXight’s standout applications is its deployment at Porta Nuova, a historic gateway to the Italian city of Verona. In partnership with the City of Verona and FAMAS SYSTEMS, TraXight was activated to address critical traffic challenges in this bustling urban area. The system provides city planners with comprehensive, data-driven insights to optimize traffic flow, improve road safety, and reduce congestion. This first-of-its-kind project exemplifies how TraXight can empower municipalities to make informed decisions that benefit both residents and visitors.
K-City Network Project
TraXight is also playing a pivotal role in Korea’s K-City Network Project, an initiative led by the Ministry of Land, Infrastructure, and Transport. Launched in 2020, this ambitious program aims to create smarter cities worldwide through collaborations with South Korean technology leaders like bitsensing. TraXight’s integration into the K-City Network underscores its versatility and value in advancing global smart city initiatives, showcasing how cutting-edge radar solutions can transform urban environments on a global scale.
These deployments highlight TraXight’s ability to adapt to diverse urban contexts, offering scalable solutions for intelligent transportation systems that prioritize efficiency, safety, and sustainability.
Statements from Leadership
Dr. Jae-Eun Lee, CEO of bitsensing, expressed the company’s pride in receiving the CES 2025 Innovation Awards Honoree recognition for TraXight, underscoring its importance in advancing smart city technologies. “We’re incredibly proud that bitsensing has been selected for this award, which highlights the cutting-edge innovations we’re bringing to solve the challenges of Smart Cities,” said Dr. Lee. “With TraXight, bitsensing aims to be the complete package solution for ITS that helps roads to become safer, cuts down on congestion to aid sustainability, and also assists with building better, more informed traffic policies, to the benefit of all.”
bitsensing’s commitment to redefining Intelligent Transportation Systems (ITS) is evident through its focus on data-driven solutions that address the complexities of modern urban environments. By leveraging advanced radar technologies and AI-driven insights, the company is creating tools like TraXight to optimize traffic management, improve safety, and enable sustainable urban development. This recognition at CES highlights bitsensing’s role as a leader in shaping the future of smart cities.
Milestones Achieved by bitsensing in 2024
bitsensing’s recognition as a CES 2025 Innovation Awards Honoree caps a year of significant achievements for the company, reflecting its rapid growth and continued impact in the field of advanced radar solutions. These milestones showcase bitsensing’s leadership and innovation across multiple domains.
$25M Series B Funding
In June 2024, bitsensing secured $25 million in Series B funding, a testament to investor confidence in its vision and technological capabilities. This funding round, supported by notable backers including AFW Partners, Korea Development Bank, and Mando Corporation, has enabled bitsensing to accelerate its research, expand its product portfolio, and strengthen its position as a global leader in radar technology.
Recognition on Forbes Asia 100 to Watch
bitsensing was also named to the prestigious Forbes Asia 100 to Watch list in 2024, further solidifying its reputation as a trailblazer in the technology sector. This accolade highlights bitsensing’s contributions to advancing radar applications and its potential for long-term industry impact.
Previous CES Awards
bitsensing’s success at CES 2025 follows a history of recognition at the event. In 2022, the company received an Innovation Award for its 4D Imaging Radar product in the Vehicle Intelligence & Transportation category. Prior to that, in 2020, bitsensing was honored with an Innovation Award for its Traffic Monitoring Radar in the Smart Cities category. These accolades underscore bitsensing’s ongoing commitment to delivering cutting-edge solutions for intelligent systems.
Through these achievements, bitsensing continues to set benchmarks for innovation in radar technology, driving advancements that shape the future of smart cities and intelligent transportation systems.
About bitsensing
Founded in 2018 in South Korea, bitsensing has quickly emerged as a pioneer in advanced radar technology. Leveraging its roots in automotive radar expertise, the company has expanded its applications to address diverse industries, including autonomous driving, smart cities, health tech, and connected living. By consistently pushing the boundaries of what radar solutions can achieve, bitsensing is fulfilling its mission to bring “radar everywhere.”
bitsensing’s innovative approach has earned it a reputation for excellence and leadership in the technology sector. Since its inception, the company has raised $52 million in funding from esteemed investors such as AFW Partners, Korea Development Bank, and Mando Corporation, fueling its growth and enabling the development of cutting-edge solutions like TraXight.
Over the years, bitsensing has received numerous accolades for its proprietary technologies. Notable achievements include a “Best New Product” award at the 2019 Korea Electronics Grand Show, multiple CES Innovation Awards across categories such as Smart Cities and Vehicle Intelligence, and being named a TechCrunch Disrupt Winner in 2020. These recognitions highlight bitsensing’s ongoing contributions to the advancement of radar applications across industries.
Additional Resources and Contact Information
For more information about bitsensing's TraXight and other advanced radar solutions, please visit the official website: https://bitsensing.com/.