French IoT company Actility has raised more than $17 million in new funding to continue to grow its Low-Power Wide Area Networks (LPWAN) technology for tracking and monitoring applications in enterprise markets.
One of the company’s strengths is its ThingPark Enterprise...
Google GOOG 0.00%↑ has agreed to a $93 million settlement with the state of California over the company’s deceptive way they mislead users managing location data. As Location Business News has reported, the company has paid hundreds of millions of dollars to state governments to settle lawsuits...
Company wants to offer complimentary terrestrial PNT service...
NextNav NN 0.99%↑ filed a petition this week with the Federal Communications Commission (FCC) to reconfigure the 900 MHz band for a terrestrial complement and backup to GPS and provide 15 megahertz of low-band spectrum for use by...
New investment places the company's value at $2.7 billion...
Defense technology company Shield AI has raised $200 million in Series F led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures. The new investment puts the value of the company at $2.7 billion.
Besides...
Elon Musk’s launch company will blast up to four satellites on two launches next year
SpaceX has signed a deal to launch as many as four Galileo navigation satellites into orbit next year, The Wall Street Journal reported on Monday. However, the European Commission has to give the...
Signaling that low-Earth orbit satellite companies continue to be a hot investment, Virginia-based HawkEye 360 has raised $58 million in funding. The latest round was led by BlackRock, with other funding from Manhattan Venture Partners.
HawkEye 360 operates a constellation of 21...
Overture Maps (OMF) this week released its second version of open map data that includes more than 1.39 billion building footprints from several data providers. The open data set combines and uses data from Esri Community Maps, OpenStreetMap and Microsoft MSFT -0.43%↓.
Map...
Driven by stronger automotive division sales, digital mapping company TomTom last week reported smaller than expected losses for its third quarter. The company reported a quarterly operating loss of more than $8 million—which is down from a 17.5 million euro...
Citing slow car sales in Europe and North America, TomTom reported a wider-than-expected loss in the first quarter.
"In the first quarter of 2024, revenue was comparable to the same quarter last year. While Location Technology revenue remained flat, we made significant progress in maturing...
Gurtam has announced that its Wialon telematics and IoT platform has enabled more than 3.5 million units connected worldwide. When counting connected vehicles and other assets, Gurtam claims Wailon it is now the largest fleet management platform in the world.
These numbers include...
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