CalAmp says supply chain shortages will lower the company’s “shipment expectations” for the second half of the year, causing a quarterly loss.
Jeff Gardner, CalAmp's president and CEO, said the company expected to ship 20 percent more devices in the...
Sheeva.AI has announced it has closed a follow-on investment from Conscious Venture Partners (CVP) through their Conscious Venture Fund II investment vehicle. Financial details were not disclosed.
The company said the investment will accelerate the adoption of its connected vehicle technology and Open API platform...
San Francisco-based Point One Navigation announced this week that it has closed a $10 million Series A round of funding. The funding, led by UP.Partners, included existing investors BOLT, IA Ventures and Ludlow Ventures.
The round of funding will be...
San Diego-based PHY Wireless said that its hellaPHY device-based cellular positioning technology can reduce the size, cost and power requirements for tracked devices, while providing both indoor and outdoor high accuracy positioning.
The company has announced a new whitepaper, published...
Rep. John Garamendi, D-Calif., will provide opening remarks for a Nov. 17 webinar cosponsored by Domestic Preparedness Journal and the Resilient Navigation and Timing Foundation. Garamendi, chair of the House Armed Services Readiness Subcommittee, has been concerned about GPS’...
Comtech Acknowledges "Unsolicited" Proposal
Acacia Research Corp. has made an offer to acquire location services provider Comtech Telecommunications Corp. for an estimated $790 million, according to published reports.
The Reuters news article, said that “Comtech faces pressure from one of its shareholders, Outerbridge Capital...
NextNav and special purpose acquisition company (SPAC) Spartacus Acquisition Corp. have completed their previously announced “business combination.” The combined company will operate as NextNav Inc., with its stock now trading on Nasdaq under the ticker symbols, NN and NNAVW, respectively.
NextNav says as much...
Three companies have announced plans to develop GNSS augmentation systems for Japan, the United States and Europe. SoftBank, ALES and Thalwil, Switzerland-based u‑blox have signed a memorandum of understanding (MoU) to cooperate on GNSS augmentation services for global markets.
Japan’s ichimill GNSS augmentation service is provided...
C.J. Driscoll & Associates has released the 2021-22 U.S. Mobile Resource Management Systems Market Study that says approximately 18.0 million GPS/wireless devices are used to manage fleet vehicles, trailers, construction equipment, and field service workers. By 2024, the market will expand to...
Digital workflow company ServiceNow recently closed the acquisition of France-based Mapwize, an indoor mapping and wayfinding company. Financial details were not disclosed.
ServiceNow plans to provide indoor mapping capabilities for employees as they reserve reserve seats, conference rooms, workspaces and workplace resources,...
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