Colorado-based autonomous truck provider Outrider has raised $62 million in an oversubscribed Series D financing round. The round, led by Koch Disruptive Technologies, raises the amount of equity capital the company has received to $250 million.
Outrider, which was founded in 2019, said...
John Deere, Trimble Partner for SmartGrade Access
Trimble TRMB 1.04%↑ has partnered with John Deere DE 0.48%↑ to integrate its Earthworks Grade Control technology with the John Deere SmartGrade platform. John Deere, which has offered a Trimble Ready option on select aftermarket machines, said those equipped with SmartGrade technology will make Trimble Earthworks available direct...
Industry lukewarm about announcement, Apple cancels autonomous vehicle program altogether
In a much-anticipated announcement, Tesla TSLA 0.00%↑ honcho Elon Musk last week rolled out two autonomous vehicle models, the Robovan and the Cybercab. At the Los Angeles launch, Musk said the fully autonomous Cybercab would cost less than...
For the first time in years, MapQuest has publicly released a new product, Private Maps, which the company says is a mapping app that protects a user’s personal data. Private Maps, which is available for download on Android devices, keeps routes private with no tracking, no...
Weighed down by decreasing revenue in both automotive and consumer markets, TomTom said its annual sales expectations will be in the lower range of its financial guidance at $536 to $569 million. In July, the company suspended its 2025 financial...
Panasonic Logiscend Demonstrates IIoT and Asset Tracking Solutions at IoT Expo
At IoT Expo, Panasonic Industrial Devices Sales Company of America demonstrated its Logiscend system with tracking technologies, IIoT devices and RFID for material flow and asset tracking. Logiscend integrates into existing systems, providing real-time...
ISA, which uses mapping and other location technologies, will be delayed for years in the United States as a result
In what could delay a potentially huge market for such companies HERE Technologies and TomTom, California Gov. Gavin Newsome recently vetoed a bill...
LAS VEGAS—The MWC Las Vegas 2024 trade show here again focused on the carrier’s 5G efforts, connectivity solutions and AI. However, the location industry, including connected and autonomous vehicle participation was only visible through a few product introductions and displays.
One company, Quectel Wireless...
TomTom has announced that IVECO has selected the company’s navigation, maps and traffic data to power its global commercial vehicles. IVECO's new light commercial vehicle Daily, the electric eDaily, and heavy-duty S-Way truck will come equipped with TomTom’s full stack navigation, featuring maps, custom truck...
Advanced Navigation Wins $6 million APNT Contract
Advanced Navigation has been awarded a $6 million contract from Hanwha Defence Australia for 138 Boreas D70 units, a digital fiber-optic gyroscope (DFOG) inertial navigation system (INS), as part of the country’s LAND 400 Phase 3 program. The company says...
