Ethan is the youngest ever 20 under 30 in Memphis Flyer History
The first company Ethan Ferguson founded was Augseption XR, which offered augmented reality services for education uses. The second was Cinilope, which is developing new uses for drones. The most remarkable part of the story is, Ferguson is a 20-year-old sophomore at Rhodes College. "I decided to put down roots in Memphis during high school. I had clients in my hometown, and I really wanted to keep working with them in the future. Being able to stay in Memphis to grow my business has been an amazing opportunity for me.
"Things are changing, and much of that has to do with the education system. We need to put education first. We need to be ready for the new, more automated, high-tech economy. Many of our students are being underserved. Fortunately, it doesn't take a lot to upgrade from the old way of thinking to a new one because the technology is everywhere." - Memphis Flyer Jan 30, 2020