Loctio P.C.
Description: Loctio P.C., founded in 2019 in Aigaleo, Greece, is pioneering in providing energy-efficient and secure positioning solutions for IoT devices. By leveraging GNSS, LEO PNT, and 5G technologies, Loctio offers a Location as a Service (LaaS) framework that ensures accurate positioning even in challenging environments. As the first startup to join ESA BIC Greece, Loctio is at the forefront of integrating advanced positioning services into the IoT ecosystem.
Vision:
Loctio envisions a world where billions of IoT nodes—indoors, underground, or in remote environments—can access precise, trusted location data without draining battery life or depending on cloud coverage. It aims to become a global enabler of sovereign, scalable, and affordable GNSS infrastructure tailored to the IoT age.
Mission:
Loctio’s mission is to enable ultra-low-power, high-accuracy positioning for constrained IoT devices—unlocking location-based services where traditional GNSS solutions fail. By combining GNSS, LEO-PNT, and 5G signals with edge computing, Loctio delivers cloud-resilient and secure positioning for the next generation of smart devices.
Contact:
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Total Funding: €0.5 million
Key Milestones:
- 2021 : Selected as the first startup to join the European Space Agency Business Incubation Centre (ESA BIC) Greece.
- 2020 : Raised a pre-seed funding round of approximately €500,000
Sector:
Products & Services:
- Location as a Service (LaaS): Offers precise position estimation services integrated into chips or modules for various applications, ensuring power efficiency and high accuracy.
- Edge GNSS Receiver: Developing a commercial Edge GNSS receiver supported by user equipment, facilitating accurate positioning in challenging environments.
- Security Features: Incorporates advanced GNSS anti-spoofing mechanisms to enhance security in IoT deployments.
