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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...

Weekly Product News

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...
Driver Technologies and Métrica Móvil have partnered to offer Driver Enterprise Solutions, which will provide telematics, safety alerts and dash cam video to fleets in Latin America.  Mexico-based Métrica Móvil, which digitizes fleets, will offer the products to its customers across Latin America. “Our partnership...

Weekly Product News

Econolite Acquires Western Pacific Signal Econolite last week acquired its distribution partner, Western Pacific Signal, which integrates and provides intelligent transportation systems, including connected vehicle systems.  Financial details were not disclosed.  Econolite says the deal will expand the company’s ITS solutions while...
Google said it would leverage more than 1 billion Android devices to find lost items At its I/O 2023 conference, Google GOOG 0.00 said it would launch its Find My Device (FMD) network that would leverage more than 1 billion...
Analysts at TechInsights, formerly Strategy Analytics, have recognized HERE Technologies as the top-rated location platform in its annual benchmarking report, the company said.  The annual report says HERE is at the top in map-making, map freshness, automotive location services, and vision...
Startup BusRight has announced it has raised a $7 million Series A funding round led by Las Olas Venture Capital.  BusRight said it will use the capital to double its employee headcount, accelerate product development and expand its customer base...
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