NextNav To Go Public With SPAC at $1.2 Billion Valuation

GPS Company Pioneered 3D Geolocation McLean, Va.-based NextNav said it is merging with a special-purpose acquisition company (SPAC) that would take the 3D GPS company...


NextNav Files FCC Petition to Reconfigure 900 MHz Band for GPS...

Company wants to offer complimentary terrestrial PNT service... NextNav NN 0.99%↑ filed a petition this week with the Federal Communications Commission (FCC) to reconfigure the 900 MHz band for a terrestrial...

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...

INDOOR POSITIONING

Weekly Product News

AirIQ, KORE Wireless Canada Partner for M2M Connectivity AirIQ has announced has signed an agreement with KORE Wireless Canada for wireless M2M connectivity throughout North America and Europe....


ASSET TRACKING

BUSINESS TRANSACTIONS

Sheeva.AI Partners With Citroën

Sheeva.AI has announced in-vehicle payment technology through SheevaConnect product suite for the Stellantis’ Citroën C3 Aircross SUV AT.  The in-vehicle payments technology will allow the new Citroën C3 Aircross...

Weekly Product News

AirIQ, KORE Wireless Canada Partner for M2M Connectivity AirIQ has announced has signed an agreement with KORE Wireless Canada for wireless M2M connectivity throughout North America and Europe....

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...

China’s Beidou Is Way Ahead of GPS, but Does It Matter?

COLORADO SPRINGS, Colo.—While panelists at the Space Foundation’s Space Symposium last week acknowledged that China’s Beidou satellite navigation constellation has more satellites, including low-Earth orbit (LEO) augmentation systems, the...

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...


NEW DEALS

Weekly Product News

AirIQ, KORE Wireless Canada Partner for M2M Connectivity AirIQ has announced has signed an agreement with KORE Wireless Canada for wireless M2M connectivity throughout North America and Europe....

TECHNOLOGY

LBS

BUSINESS