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Asset tracking company Cognosos has raised $25 million in a growth round led by Riverwood Capital.  The company, which has tailored its real-time location services (RTLS) to automobile manufacturers and healthcare providers, said it tripled revenue in 2022. Cognosis raises $25 million for...
BMW plans to use HERE Technologies as its provider of real-time traffic information for its drivers in more than 70 countries.  As part of the multi-year agreement, HERE will power BMW’s Connected Navigation Services (CNS), which are available on all BMW models. HERE Real-Time Traffic,...
ION GNSS and INTERGEO Clash For Attendees... We don’t usually run an opinion piece as our lead story in Location Business News. However, this week two location conferences were held at the same time, which forced companies to make hard decisions...
It’s the end of an era as Verizon VZ -1.14%↓ will close the last 3G network on Dec. 31.  The 3G networks once allowed millions of passenger cars, trucks and buses to offer emergency, convenience and navigation features. AT&T T -0.79%↓ started to phase out its 3G...
Saying HERE Technologies and Google GOOG -1.84%↓ have slipped into second and third place, respectively, TomTom came out on top in Location Applications and Services category of Counterpoint’s latest Location Platform Effectiveness Index. The index analyses the capabilities and performance of more than 25 of the world’s major location...
Spire Global SPIR 0.62%↑ successfully launched three satellites on the SpaceX Transporter-7 mission from Vandenberg Space Force Base on Sunday.  Spire launched a satellite developed for King Abdullah University of Science and Technology to observe and characterize natural resources. The 6U satellite hosts a hyperspectral camera with advanced on-board processing capabilities in...
Telenav said that Ford  has chosen the company’s SmartHorizon application to enable ADAS features in Ford vehicles in North America, Europe, Australia and New Zealand.  SmartHorizon offers Intelligent Speed Assist (ISA), mandated for driver safety by EU regulations for all newly manufactured light vehicles starting...
In a high-profile—and cool—use of location technology, KINEXON’s ultra-wideband technology (UWB) was used by several college teams in this year’s NCAA Basketball Tournament, also known as March Madness.  Each player wore a tag device to generate real-time data and actionable insight, said Oliver Trinchera,...
Maps+ To Be Installed In Vehicles That Did Not Have Built-in Navigation By Kevin Dennehy General Motors  is launching an in-vehicle, app-based navigation service with Mapbox to install in select model year 2018 and newer Chevrolet, Buick, GMC and Cadillac vehicles by the...
Hexagon’s Autonomy & Positioning division and Munhwa Broadcasting Corporation (MBC) have agreed to bring the TerraStar-X Enterprise Correction Service to South Korea.  The GNSS correction service provides convergence and lane-level accuracy in automotive, mobile and autonomous applications, the company said. MBC, which offers real-time kinematic (RTK)...
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