Major GNSS chipmaker to go private…
Private equity firm Advent International, through its indirect subsidiary ZI Zenith, has launched a public tender offer to acquire Swiss positioning chipmaker u-blox for CHF 135 per share, valuing the deal at around $1.3 billion. The offer represents...
The European Space Agency (ESA) has signed two contracts totaling approximately $1.7 billion to develop the first batch of the Galileo Second Generation (G2) satellites. Acting on behalf of the European Commission, ESA awarded the contracts to Thales Alenia Space and Airbus Defence & Space following a competitive...
A U.S. District Court has upheld a $92 million fine against T-Mobile TMUS -1.84%↓ for allegedly sharing customer location data without their consent. This ruling follows a 2024 Federal Communications Commission (FCC) decision that found T-Mobile and Sprint violated privacy laws by selling real-time geolocation information...
The U.S. Space Force has launched two initiatives aimed at reducing military dependence on traditional GPS systems, which are vulnerable to jamming and spoofing.
On Aug. 12, the Space Force and United Launch Alliance launched the National Technology Satellite-3 (NTS-3) from Cape Canaveral Space Force Station in...
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Xona Space Secures Initial Clients for Advanced Timekeeping Solutions
Xona Space Systems has announced its first commercial partnerships with Hoptroff, Fibrolan, and Timebeat to deliver high-precision time synchronization via its Pulsar satellite network. These...
New Instagram Maps offers user location sharing and location-based content...
Meta’s META -1.42%↓ Instagram has launched its Instagram Map, which includes a suite of new features, including a user location-share and find location-based information such as event posts. The company says Instagram Map is an...
Trimble Posts Record Q2 with Strong Recurring Revenue, Boosts Full-Year Outlook
Westminster, Colo.-based Trimble TRMB -2.74%↓ reported second-quarter revenue of $875.7 million—an 8 percent increase on an organic basis—and delivered a record annualized recurring revenue (ARR) of $2.21 billion, reflecting 13 percent organic growth....
Google Research last week introduced Geospatial Reasoning, an advanced research initiative that combines generative AI with new foundation models tailored for geospatial analysis—covering remote sensing, population dynamics, weather, infrastructure, and trajectory prediction, according to a company blog.
The initiative leverages Google’s $GOOG mapping...
Worldwide GPS jamming and spoofing is only going to get worse before before solutions are found to mitigate the tremendous risks to world safety. Location Business News recently spoke to Advanced Navigation’s Chris Shaw, CEO and co-founder, about the company’s efforts to...
San Francisco-based Motive has raised $150 million in a funding round led by Kleiner Perkins and supported by AllianceBernstein. The investment will fuel the company’s efforts to expand internationally, accelerate product development, and grow its go-to-market teams.
Motive, which launched in the United Kingdom last...
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