Location technology will continue to be a centerpiece of burgeoning drone delivery markets. Signaling increased investor interest in the market, San Francisco-based Zipline recently received $330 million in a new funding round—to bring its value to nearly $4.2 billion, according to Forbes.
Zipline, which...
Parkopedia has expanded its partnership with Mercedes-Benz to include in-car parking reservations in the automaker’s latest MBUX infotainment systems for 5,000 locations in the United States. In addition, the company said that on-demand parking payments are available in 14 European countries.
The companies, which first...
Tive and Freightflow Announce Partnership
Tive has announced a strategic partnership with Freightflow for its real-time visibility solution on all shipments. The sensors in Tive Solo 5G trackers provide real-time location, temperature, humidity, and light exposure data, the company said. By combining Tive’s real-time sensor...
Decision allows automakers, state DOTs, and equipment makers to operate C-V2X on U.S. highways and its infrastructure...
The Federal Communications Commission (FCC) this week granted a 5.9 GHz waiver allowing automakers, state departments of transportation and equipment manufacturers to operate cellular-vehicle-to-everything...
Despite what seems to be a global downturn in the economy, such companies as PreAct Technologies are finding strong investments in their location technology. PreAct yesterday closed a $20 million Series B round led by Squared Capital, with participation...
HERE Technologies has announced that Edzard Overbeek will step down as the company’s CEO. The company’s board will appoint Denise Doyle and Adeel Manzoor, the company’s chief data officer and CFO, respectively, as interim co-CEOs during the transition phase to...
AGCO and Hexagon to Expand Distribution of Hexagon’s Ag Guidance Systems
AGCO AGCO 0.48%↑ has signed an agreement with Hexagon to expand its factory-fit and aftermarket guidance offering. The new guidance system will be sold as Fuse Guide on Massey Ferguson and Valtra tractors. The new arrangement expands upon the current...
Launch magnifies low-Earth orbit systems to augment GNSS for commercial applications
Showing that the GNSS market is prime for disruption, aerospace startup TrustPoint has announced the launch of its first satellite. Launch services provider Maverick Space Systems supported the launch of the satellite, called It’s About...
Digital Matter has announced that the next-generation Remora3 battery-powered GPS and Bluetooth Gateway is now available with global Cellular LTE-M (Cat-M1) and NB-IoT connectivity.
The Remora3 features ‘Deploy Once’ battery life and new ‘Second-by-Second’ tracking performance to support aggressive and/or extended reporting requirements,...
Saying its location technology business and automotive unit showed growth, Amsterdam-based TomTom has announced a return to profit in the first quarter with a profit of $2.88 million. Analysts had forecasted a loss of 12 million euros.
Citing a worldwide chip shortage...
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