Lockheed Martin Awarded Southern Positioning Augmentation Network Contract 

The government of Australia has awarded Lockheed Martin LMT 0.22%↑ a $1.18 billion contract to establish the Southern Positioning Augmentation Network (SouthPAN). The system, expected to be fully operational by 2028, will...


Xona Raises $250 Million, Launches Six Satellites for Commercial Navigation Network

Xona plans to use the new capital to scale satellite production, with a goal of building 50 spacecraft a year by the end of...

TomTom Revenue Falls as Automotive Sales Drop; Company Cuts 200 Jobs...

TomTom reported a 6% decline in third-quarter revenue and said it will cut approximately 200 jobs as part of a reorganization aimed at sharpening...

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Location Product News Send your news releases to kdennehy@driverlessreport.com. Go to www.locationbusinessnews.com for more news and an archive of stories. TrustPoint and Calian Validate Mass-Market C-Band...


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