Nivriti Solutions Global has partnered with Florida-based PreIPO.com to initiate a $25 million Series B offering. India-based Nivriti Solutions offers its NSaaS fleet management platform that features GPS tracking, object warning, weapons tracking, drone mapping and monitoring, the company said.
Nivitri seeks...
Opinion
The chasm between trials and adoption
By Ashu Pande
The resiliency section on the U.S. government GPS.gov site draws attention to the part of the U.S. Space-Based PNT Policy which states: "The widespread and growing dependence on GPS by military, civil,...
U.S. DoT Announces SMART Grants
The U.S. Department of Transportation has announced that it is accepting applications for the Strengthening Mobility and Revolutionizing Transportation (SMART) Grants Program. Companies specializing in connected vehicles, sensors, systems integration, delivery/logistics, innovative aviation, smart grid...
CPUC passed AV expansion in city, despite traffic jams, blocked emergency vehicles
After much controversy, the California Public Utilities Commission (CPUC) last week granted GM GM -1.47%↓ Cruise and Waymo permission to use roads in San Francisco at all hours and offer paid service much like Uber UBER -0.80%↓ and Lyft. Previously, the companies...
Thalwil, Switzerland-based u-blox and ORBCOMM have partnered to develop products for the burgeoning convergence of terrestrial and satellite IoT communications markets. As part of the deal, of which financial details were not disclosed, u-blox will support ORBCOMM’s satellite communication protocols through integration...
Mapbox rolled out the Mapbox Standard core style last week to enable 3D mapping with lighting capabilities, landmark 3D buildings and a symbolic aesthetic, according to a company blog. The core style, currently in public beta, offers enhanced wayfinding...
Spire’s Receives $6.5 Million NASA Contract
Spire Global SPIR 0.00%↑ has announced it was awarded a $6.5 million, 12-month contract renewal to continue participation in NASA’s Commercial Smallsat Data Acquisition (CSDA) Program. The contract is a $500,000 increase from the previous award...
Paris-based IoT company has championed asset tracking
Japan-based Renesas Electronics has agreed to acquire IoT company Sequans SQNS 0.36%↑ for $249 million. The deal, expected to close in the first quarter of 2024, allows Renesas to integrate Sequans’ cellular connectivity products into its core product lineup...
Connected vehicle and traffic intelligence company INRIX has secured a $70 million financing round from funds managed by Morgan Stanley Investment Management. The funding will be used to grow the company and refinance debt, INRIX said.
The Kirkland, Wash.-based company, founded in 2004...
Digital Matter has announced the expansion of its battery-powered IoT asset tracking portfolio with the addition of 4G Cat 1bis and 2G connectivity to enable worldwide asset visibility.
The Oyster3 and Remora3 Global GPS devices feature ‘deploy once’ battery life and enable asset tracking and management across most of...
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