ExtraLabs

Company Profile

ExtraLabs is a pioneering research company committed to overcoming the challenges of expensive citywide 3D digital twin creation. ExtraLabs’ primary focus is providing a cost-effective, high-recency 3D maps data source, liberating local governments from the cycle of costly aerial surveys.

ExtraLabs’ solution involves incentivizing LiDAR sensor owners—across telecom, surveying, delivery, and transport sectors—to share their data. ExtraLabs’ protocol seamlessly connects data consumers with providers, serving as a financial bridge for fair compensation distribution. This process ensures the transparent flow of funds from consumers to providers.

Powerful AI algorithms transform raw datasets into detailed models of buildings, neighbourhoods, cities, or countries. These algorithms not only ensure precision in the mapping process but also enable the capture of the dynamic nature of urban environments, accounting for changes over time. As a result, ExtraLabs provides not just static 3D models but living, evolving digital twins that accurately reflect the real-world complexity of the mapped areas. In addition, in collaboration with public and private organizations, ExtraLabs conducts iterative experiments, refining the protocol.

ExtraLabs’ solution propose to reshape the landscape of 3D mapping, making it accessible and impactful. (www.extralabs.xyz)

Vision:A Connected World with Accessible 3D Intelligence”

ExtraLabs envisions a future where 3D intelligence is universally accessible, dismantling financial barriers and nurturing a global community of data contributors and consumers. Through innovation and collaboration, ExtraLabs aims at paving the way toward a connected future, where digital twins play a crucial role in shaping smart cities and facilitating informed decision-making.

Technology : ”Unlocking the Power of 3D Mapping for a Connected Future”

 

Key Features:

  • Data Monetization: Owners of LiDAR sensors can earn revenue by contributing their data to ExtraLabs’ network, creating a mutually beneficial ecosystem.
  • Advanced AI Algorithms: ExtraLabs employs powerful AI algorithms to transform raw datasets into detailed models of buildings, neighborhoods, cities, or entire countries.
  • Iterative Development: Collaborating with both public and private organizations, the company engages in continuous experiments as part of an iterative development process for its cutting-edge protocol.

How does ExtraLabs collect data for 3D mapping:

How does the incentivization of the data collection mechanism work:

A Collaborative Ecosystem

ExtraLabs leverages a unique infrastructure designed to incentivize owners of LiDAR sensors, spanning across telecom, surveying, delivery, and transport companies—essentially, anyone with the capacity to collect valuable data. ExtraLabs has pioneered a protocol that seamlessly connects data consumers with data providers, ensuring a fair and efficient distribution of compensation from consumers to providers.

Core Offering: High-Recency 3D Maps Data Source

Tackling the challenge of costly 3D digital twin creation and updates, ExtraLabs introduces a game-changing solution. The company’s focus lies in providing a low-cost, high-recency 3D maps data source that circumvents the traditional pitfalls of expensive aerial surveys.