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Automated driving spurs GNSS module growth--and potential revenues of $100 million starting in 2026 Thalwil, Switzerland-based u-blox  has announced new project awards with “major automotive customers” in the Asia-Pacific region, enabling more than $100 million in expected revenue that will start...
Geotab has partnered with Daimler Truck North America (DTNA) to integrate direct truck data from Freightliner trucks via DTNA's data-as-a-service (DaaS) technology and the MyGeotab fleet management platform.  The announcement, made at the Geotab Connect event in Las Vegas this week, makes data from...
Trimble $TRMB reported nearly $3.8 billion in 2023 revenue—a 3 percent year-over-year increase—and expects to report income between $3.57 billion and $3.67 billion this year. In its 8-K filing, Trimble said GAAP net income was $311.3 million and non-GAAP net income was $663.7 million in...
Opinion By Ashu Pande Two recent announcements this week related to LEO satellites are worth taking note. Both are coming from China and show the trajectory Chinese companies after taking to align with China's latest five-year plan for 2021-2025. Beijing has called for...

Weekly Product News

Geo Week 2024 Offers New Industry Products and Applications Geo Week 2024 in Denver this week offered several industry panels on drones, survey, lidar, mapping and other topics. It is also becoming a strong conference for launching mapping, survey and drone...
LEO constellation to offer positioning and navigation capabilities... Saying it wants to provide accurate navigation for autonomous vehicles, Geely Holding Group last week launched 11 Geespace low-Earth orbit satellites. It’s an example of new LEO constellations providing high-precision positioning capability for self-driving cars and...
Due to flat automotive demand, TomTom  said it would see level sales this year as a backlog of auto orders expires.  The company, which reported quarter and 2023 results last week, said the backlog was a record $2.7 billion at...
BTG Positioning Systems and GPR Ground Positioning Radar have partnered to bring positioning technology to seaports.  The companies, which have been working together for a year, say that the $40 million agreement grants BTG exclusive rights to the use of GPR’s core...

Weekly Product News

Korea Augmentation Satellite System Certified The Korea Augmentation Satellite System (KASS), which was developed by Thales Alenia Space, has been certified by the South Korean government.  The navigation system, now operational, is a collaboration between Thales (67 percent), Leonardo (33 percent), the Korea Aerospace...
Michelin Mobility Intelligence has partnered with Mapbox to provide data-driven traffic solutions for transportation departments, municipalities and engineering and consulting firms in the United Kingdom.  Michelin has been working in the United States and France on connected car and...
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