London, England (PRWEB UK) 19 June 2015
-3D Virtual Reality “Airbus Group Experience” powered by V-Nova’s PERSEUS signal compression software
-Airbus Group and V-Nova explore broad applicability of PERSEUS technology in aerospace
V-Nova Ltd., a leading provider of signal compression solutions demonstrated the applicability of its ground-breaking PERSEUS signal compression technology (e.g., image, video, telemetry) in the Airbus Group Pavilion at the Paris Air Show 2015, as part of the Group’s “Airbus Group Experience” 3D virtual reality demonstrator. The Paris Air Show is world’s oldest aviation trade show with transactions typically exceeding USD 150 billion. Powered by PERSEUS, the Airbus Group Experience is on display to VIPs, heads of state, senior international executives, politicians, financiers and the press.
PERSEUS is a paradigm shift in signal processing, offering significant simultaneous improvements in signal compression, processing speed and signal quality. For example, in emerging video applications, which typically drive over 80% of communications network traffic, PERSEUS effectively shifts the entire bitrate-quality curve, enabling UHD video at HD bitrates, HD at SD bitrates, and SD video at sub-audio bitrates.
“Identifying and fostering ground-breaking innovation is at the core of Airbus Group Corporate Technical Office’s strategy. V-Nova’s contribution to the Airbus Group Experience 3D virtual reality demonstrator is a positive example of our work with leading, fast moving growth companies,” remarked Dr. Jean Botti, Airbus Group CTO.
"PERSEUS redefines how signal processing is performed, taking advantage of principles found in nature and, specifically, the way humans and other species process sensory information,” says Guido Meardi, V-Nova CEO & Co-Founder. “The result is a system which can increase signal processing speed, compression and quality – sometimes even by orders of magnitude – using the existing and commercial-off-the-shelf (COTS) hardware, ecosystem, and workflows. PERSEUS’ interoperability with existing legacy codecs and encryption standards is a major additional benefit not offered by other solutions.”
“We are honoured to have been selected to power the Airbus Group Experience. While V-Nova’s first applications were in broadcasting and telecommunications, its applicability is very broad, covering multiple industries including aerospace, telematics, medical imaging, video conferencing and games. We are excited by the far reaching prospects in aerospace and to be working with Airbus Group to make ‘the impossible’ possible and ‘the possible’ more profitable,” closed Eric Achtmann, V-Nova Executive Chairman & Co-Founder.
PERSEUS has been developed and tested over the past five years within an Open Innovation, interoperable coalition of over 20 global industry leaders including Broadcom, Dell, Encompass, Hitachi, Intel, Sky Italia, TataSky, VisualOn, and WyPlay, to name a few. The PERSEUS software is currently offered in the form of bundled hardware, embedded software, codec plug-ins and silicon IP.
Since its April 1, 2015 launch, V-Nova has already enjoyed impressive successes, including the coveted National Association of Broadcasters (NAB) “Best of Show” Award.
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About V-Nova
V-Nova™ is a London-headquartered company providing advanced video and imaging processing hardware, software and embedded solutions. Its novel compression technology, PERSEUS is based on principles underlying human vision.
V-Nova was founded in 2011 by an experienced team, including experts involved in the development of first generation codecs (e.g., MPEG/JPEG), as well as business leaders, technology finance veterans, product development and intellectual property experts. A strong global consortium comprising leading partners from multiple industries including media & broadcasting, telecommunications, hardware and consulting supports V-Nova.
V-Nova serves numerous sectors, including media & broadcasting, telecommunications, aerospace, defence, security, video conferencing, digital signage, medical imaging, telematics and video games.
About PERSEUS
PERSEUS by V-Nova is an advanced video compression technology that enables broadcasters and operators to differentiate their products, increase market penetration, and provide previously and otherwise undeliverable services. The technology was developed and tested over the past five years within a growing consortium of over 20 global industry leaders. PERSEUS enables broadcasters and operators to differentiate their products, increase market penetration, and provide previously or otherwise undeliverable services
For more information contact:
V-Nova Ltd.
One Sheldon Square
London W2 6TT
United Kingdom
T: +44 (20) 7046 6270
E: aerospace(at)v-nova(dot)com
W: http://www.v-nova.com
Platform PR
83 Marylebone High Street
London W1U 4QW
United Kingdom
T: +44 (20) 7486 4900
M: +44 (7742) 894 374
E: james.ward(at)platformpr(dot)com
W: http://www.platformpr.com