Maxar Technologies MAXR -0.43%↓ has announced that it was awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the National Geospatial-Intelligence Agency (NGA), worth up to $192 million over five years.
Maxar, under the Foreign Commercial Imagery Program contract, will provide U.S. allies and partners with commercial...
Esri Joins the Overture Maps Foundation
Esri has joined the Overture Maps Foundation, a collaboration founded by Amazon Web Services, Meta, Microsoft and TomTom. Overture’s mission is to create reliable, easy-to-use, and interoperable open map data. Overture members provide data and technological contributions, combining their resources to...
216-satellite LEO constellation will have a navigation payload
A U.S. Space Force agency is planning to procure 72 satellites for a low Earth orbit military constellation that will have a navigation payload. The Space Development Agency, in a draft solicitation, seeks input by March...
MetAlert to Acquire TrakTec for $4.5 Million
MetAlert has agreed to acquire Florida-based TrakTec, a location awareness technology company, for $4.5 million in a cash and stock deal. TrakTec offers iGPS Watches and SafetyNet tracking systems that offer a range of enhanced monitoring services, the...
Telematics company CalAmp CAMP 0.00 said last week it has begun a restructuring plan that includes an 8 percent cut of employees. The company said it is implementing the restructuring plan to realign its operations to be more consistent with its software-and-subscription-services business...
Sonim Technologies SONM 0.00 has announced the integration of NextNav’s NN -0.66%↓ Pinnacle vertical location into the company’s XP3plus smartphone.
The integration of z-axis capabilities for E911 calls is now available on the XP3plus through a software update for Verizon VZ -0.65%↓ customers. Verizon is partnering with both NextNav and Sonim through...
Geotab Reports 200,000 Subscribers in Latin America
Telematics giant Geotab has announced that it exceeded 200,000 connected vehicle subscribers in Latin America. The company said, despite economic challenges, growth continues to accelerate in the region as it now has one of the...
Other location industry companies follow with cuts
Autonomous vehicle developer Waymo laid off employees earlier this week in a move that came after large cuts at parent company Alphabet and Google GOOG -0.36%↓ . The company is still forging ahead with its robotaxi operations in California and Arizona.
However, once...
Outdoor tracking company Strava has acquired European 3D mapmaker Fatmap for an undisclosed amount. Founded in 2009 and used by more than 100 million people worldwide, Strava offers GPS-based tracking services for cyclists and runners.
For its part, Fatmap, which offers a $30 per...
Verizon VZ 4.23%↑ and Centech recently announced the results from the first cohort of startups and scaleups in the 5G Development Hub. Of the seven startups in the program, Peytec is an industrial IoT and AI company that builds and sells location tracking and sensing solutions.
Peytec specializes...
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