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Xona Space Systems announced last week that they have raised “an oversubscribed financing round” that brings the company’s total funding to more than $25 million.  In this latest round, led by First Spark Ventures, such companies as Lockheed Martin Ventures LMT -0.50%↓, SRI Ventures, Velvet Sea...
Hexagon's Safety, Infrastructure & Geospatial division and Fujitsu Limited partnered this week to solve “societal challenges” with technology.  The agreement, made at HxGN Live Global 2022 in Las Vegas, calls for the companies to develop use cases with such technology as IoT sensors, data processing,...
Amazon Location Service this week added two new HERE Technologies map styles for developers, HERE Explore and HERE Explore Truck.  With HERE Explore, developers have a new global map that features roads, buildings, landmarks, and water features, including a fully designed map of Japan, the...
NextNav NN -1.64%↓ has announced the first European commercial testbed for its Pinnacle vertical location technology.  Located in Paris, the testbed will demonstrate Pinnacle benefits for local emergency response agencies and integration with applications and devices from existing company partners. The company said that the...
In a deal that will add more than 40,000 subscribers to its base, MiX Telematics MIXT 0.00 has agreed to acquire Trimble’s TRMB 0.20%↑ Field Service Management's (FSM) business. The acquisition, which is subject to customary closing conditions, could be worth as much as $9.5 million, according to...
LBN:  You've assembled an impressive team with experience at most of largest location companies.  Was that one of the goals when you started oneNav? SP:  When we started oneNav, we wanted to recruit an all-star team of GNSS engineers to...
Maxar Technologies MAXR -0.43%↓ has announced that it was awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the National Geospatial-Intelligence Agency (NGA), worth up to $192 million over five years. Maxar, under the Foreign Commercial Imagery Program contract, will provide U.S. allies and partners with commercial...
Company Integrates Latest Navigation Technology Saying that vehicle software development can be slow and expensive, Dutch mapmaker TomTom has announced its TomTom IndiGO, an open digital cockpit software platform for automakers. The platform, launched this week in a splashy video...

Weekly Product News

InDrive and MapUp Expand Partnership Ride-hailing service inDrive and Silicon Valley startup MapUp have expanded their partnership into the U.S. market.   MapUp recently installed its toll intelligence service TollGuru in Australia, while inDrive rolled out its first U.S. service in South Florida.  By leveraging MapUp’s TollGuru Toll...
Deal Could Value Israel-based Company at $50 Billion Intel said it will take its autonomous vehicle unit Mobileye public in mid-2022—in a deal that could value the Israel-based company at more than $50 billion, according to published reports. Intel said it confidentially submitted a draft...
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