Verizon has named the winners of its “Built on 5G Challenge” launched in April 2019. The nationwide search that asked innovators to offer up their best and brightest 5G ideas received more than 550 submissions. Three winners were chosen.

The $250,000 prize winner is LexSet. The company generates synthetic image data from 3D content to train high-performance computer vision AI. The company will use Verizon 5G to enable advances in edge-based mixed reality, robotics, and inventory management.

“These innovators have come up with some really ground-breaking solutions that can only be fully realized with the fast speeds, massive bandwidth and super-low latency that Verizon 5G Ultra Wideband offers,” said Nicki Palmer, chief product development officer at Verizon. “By bringing these companies into our 5G Labs, where we collaborate with universities, startups and enterprises to co-create 5G concepts, we’re giving them access to all the tools they need to create truly transformational experiences that will reshape entire industries.”

Challenge winners’ concepts were judged on criteria including how their ideas could increase business efficiency, improve immersive experiences and/or solve customers’ most challenging problems. For an eight-week period, the winners will have access to Verizon 5G Ultra Wideband at Verizon’s 5G Labs and partner with Verizon 5G specialists to develop their concepts.