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GPS-based PNT seen as the backbone of global space market In a new report, positioning, navigation and timing (PNT) is highlighted as a technology that will drive a $1.8 trillion global space market by 2035.  The report, authored by the World...
In an anticipated announcement, Google GOOG -0.94%↓ this week launched its Find My Device network on Android devices, starting in the United States and Canada. Google, which is competing with the Apple AAPL 0.76%↑ AirTag, said that users can locate a compatible Android phone and tablet by ringing them or viewing their...
Elon Musk has announced that Tesla will roll out its own robotaxi this summer.  In an X post, the entrepreneur said he would unveil the car on Aug. 8. Musk previously has said autonomous vehicles would be more popular than human-driven cars.  However, Tesla’s Full Self-Driving...

Weekly Product News

Topcon Will Integrate GNSS Into Solutions From Bentley Systems and Worldsensing Topcon Positioning Systems has announced strategic agreements with Bentley Systems and Worldsensing to integrate its GNSS technology into the companies’ software and connectivity solutions.  As part of its agreement with Bentley Systems, Topcon will...
GPS signal jamming increasing as Israel braces for retaliatory attack… Hundreds of passenger jets were affected by an alleged Russian attack on GPS signals in the Baltic region earlier this week.  The attack, which started on Easter Sunday and lasted...
The largest location industry deal made last year has been completed.  As part of a joint venture, AGCO AGCO 0.00%↑ acquired 85 percent of Trimble’s TRMB 0.00%↑ precision agriculture assets for $2 billion. The joint venture, announced last September, will be known as PTx Trimble.  The acquisition combines Trimble’s...

Weekly Product News

Overland AI Awarded $18.6 Million U.S. Army Robotic Combat Vehicles Contract Overland AI has received an $18.6 million contract from the U.S. Army and the Defense Innovation Unit (DIU) for a two-year Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S....
Keysight trumps Viavi's March offer for testing and measurement company Well, money talks.  Keysight Technologies KEYS 0.35%↑ has announced its intention to acquire United Kingdom-based test and measurement company Spirent Communications for nearly $1.5 billion. As Location Business News previously reported, Arizona-based Viavi VIAV -5.32%↓ made Spirent an offer for $1.3 billion—in deal that would...
Saying it plans to strengthen its autonomous operations and expand its European footprint, Honeywell HON 0.07%↑ this week announced its intention to acquire Italy-based Civitanavi Systems for about $216 million.  Honeywell will make a cash offer to acquire all of Civitanavi’s outstanding shares at 6.30...
Several companies this week have touted transactions that include digital twin development.  One company, Woolpert, has acquired Ireland-based Murphy Geospatial, which provides survey, mobile and indoor mapping, asset monitoring, subsurface engineering and 3D digital twin development. After buying the 400-employee company, Woolpert said...
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