High Demand for PassiveLogic's Breakthrough Platform for Generative Autonomy Pre-sells Early Access a Year Before Launch
SALT LAKE CITY, Sept. 28, 2023 (GLOBE NEWSWIRE) -- PassiveLogic, creator of the first platform for generative autonomy, announced today that in response to high demand from the building automation systems (BAS) industry, it has pre-sold its Hive™ Autonomous Platform as part of an early-access program for its first three years of distribution. During a competitive bidding process, PassiveLogic received business plans from distributors across North America, awarding distribution rights to less than 50 percent of proposals. The Hive Autonomous Platform will be available through these selected distributors in the United States and Canada.
The Hive Autonomous Platform is the next generation in building automation systems, advancing building control system technology from simple, programmatic controls to truly intelligent, autonomous systems. PassiveLogic’s ecosystem is capable of scaling to any project size or topology, and works with new builds or retrofits. The Hive Autonomous Platform leverages Quantum technology, the first physics-based digital twin standard and language for describing generative autonomy. With Quantum digital twins, building systems are capable of understanding what they control and simulating the future to determine the most optimal and energy-efficient control path, which can increase a building’s energy efficiency by 30 percent.
“PassiveLogic has spent several years working closely with BAS installation technicians and building controls professionals to ensure our products are designed to empower the ‘doers’ that run the built environment for the rest of us,” said PassiveLogic CEO Troy Harvey. “Their response to our offering has been incredible and the demand is a testament to how fully our solution solves their longstanding challenges. Our autonomous platform democratizes AI technology and makes it accessible to the everyday user with a simplified workflow that revolutionizes the way we design, install, operate, and maintain controlled systems, enabling every building to become fully autonomous.”
Distributors remarked that PassiveLogic’s technology will enable them to better meet their customers’ needs and finally access a solution for building automation solutions for the small- to mid-commercial building market. The 11 selected distibutors will be the first available sources for PassiveLogic’s ecosystem of solutions, representing a $500 million market opportunity. These distributors include:
The PassiveLogic Hive Autonomous Platform is comprised of eight hardware components that are driven by Autonomy Studio™ software, the first generative software that can design, build, operate, and maintain fully autonomous buildings. They are:
PassiveLogic’s stack of hardware and software is designed to save users time and money throughout the entire building life cycle, from design and installation to operation and maintenance. Thoughtfully designed to eliminate common installation barriers, the Hive Autonomous Platform eliminates home-run wiring mix-ups, provides AI-guided wiring installation, detects proper wire connectivity, and allows installers to configure any mix of Hives, Cells, Sense devices, and other out-of-network devices to match any building topology.
Contact: Caroline Genster
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b6498145-61ba-407b-94d8-9dfd46ab0770
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