The largest location industry deal made last year has been completed. As part of a joint venture, AGCO AGCO 0.00%↑ acquired 85 percent of Trimble’s TRMB 0.00%↑ precision agriculture assets for $2 billion.
The joint venture, announced last September, will be known as PTx Trimble. The acquisition combines Trimble’s...
Overland AI Awarded $18.6 Million U.S. Army Robotic Combat Vehicles Contract
Overland AI has received an $18.6 million contract from the U.S. Army and the Defense Innovation Unit (DIU) for a two-year Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S....
Keysight trumps Viavi's March offer for testing and measurement company
Well, money talks. Keysight Technologies KEYS 0.35%↑ has announced its intention to acquire United Kingdom-based test and measurement company Spirent Communications for nearly $1.5 billion.
As Location Business News previously reported, Arizona-based Viavi VIAV -5.32%↓ made Spirent an offer for $1.3 billion—in deal that would...
Saying it plans to strengthen its autonomous operations and expand its European footprint, Honeywell HON 0.07%↑ this week announced its intention to acquire Italy-based Civitanavi Systems for about $216 million. Honeywell will make a cash offer to acquire all of Civitanavi’s outstanding shares at 6.30...
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, asset monitoring, subsurface engineering and 3D digital twin development.
After buying the 400-employee company, Woolpert said...
CMC Electronics and Hexagon’s Autonomy & Positioning division have partnered on a GNSS platform for aviation. The companies said they will merge CMC’s certification expertise with a Hexagon-NovAtel GNSS platform that aims to detect spoofing and jamming.
Hexagon’s Autonomy and Positioning division and CMC...
GMV To Lead ESA's Leo PNT End-To-End In-Orbit Demonstrator Mission
As Location Business News reported last week, GMV will lead a consortium of companies to develop low-Earth orbit (LEO) for PNT by launching a 5-satellite constellation. GMV will be responsible for the complete end-to-end...
By Aaron Nathan
First, what is dead reckoning? It has nothing to do with death or dead people
For many centuries, travelers have used “Dead reckoning” to get from one part of the world to another. The term refers to deriving...
ESA's FutureNAV program includes Genesis and LEO-PNT
The European Space Agency this week awarded $253 million for three contracts that fund two satellite navigation missions. The navigation missions, Genesis and LEO-PNT, are part of ESA’s FutureNAV program.
“With Genesis and LEO-PNT we are responding to rapidly growing needs...
Swift Navigation and Telit Cinterion have launched a joint product that integrates Swift’s Skylark Precise Positioning Service with Telit Cinterion’s GNSS modules. Use cases include wearables, robotic lawn mowers and vehicle tracking devices.
The partnership, with integration of Skylark into such Telit Cinterion modules as...
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