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TomTom Posts Operating Loss as Auto Sales Slow

Citing slow car sales in Europe and North America, TomTom  reported a wider-than-expected loss in the first quarter. "In the first quarter of 2024, revenue was comparable to...

Overture Maps Foundation Releases Beta of Its First Open Map Dataset

Overture Maps Foundation has announced the beta release of its global open map dataset.  Developers can begin beta tests using Overture’s data and schema for...

Companies Make Digital Twin Technology Transaction

Several companies this week have touted transactions that include digital twin development.  One company, Woolpert, has acquired Ireland-based Murphy Geospatial, which provides survey, mobile and indoor mapping,...

Weekly Product News

Aerospacelab Will Build, Launch Xona Space Systems’ Navigation Satellite Aerospacelab will design, manufacture and launch Xona Space Systems’ upcoming navigation satellite.  Aerospacelab will also assist Xona Space...

Waze Makes Six Key Updates

Waze this week added several new features that allow users to navigate roundabouts, avoid curves and other hazards and even find parking.  The Google-owned GOOG 0.00%↑...

Weekly Product News

EUSPA Releases 2024 EO and GNSS Market Report The EU Agency for the Space Program has rolled out its 2024 Earth Observation and GNSS Market Report. ...

MWC 2024 Preview:  Mapping Companies Return, Automakers Don’t

The annual Mobile World Congress in Barcelona, set to kick off early next week, used to see a ton of automakers—even if it was known as...

HERE Publishes Results of Transportation and Logistics Survey

HERE Technologies released results of its 'On the Move' survey of transportation and logistics (T&L) professionals in the Germany, the United Kingdom and United...

TomTom Reports 2023 Results, Records $2.7 Billion Auto Backlog

Due to flat automotive demand, TomTom  said it would see level sales this year as a backlog of auto orders expires.  The company, which reported...

Weekly Product News

  PointPerfect GNSS Correction Serviced Expands to Brazil Nordian and u-blox  have announced expanded coverage of the PointPerfect GNSS correction service to Brazil, a growing market for GNSS applications.  The deal...

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