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Industry veteran Michael Sheldrick passed away last week.  Sheldrick, 82, who worked not only as a journalist for Business Week, Fleet Management Weekly and other publications, was a sought-after speaker at industry conferences and trade shows.  In 1990, he authored Driving While Automated for Scientific American, which...
The combined business revenues total $279 million, including $210 million in recurring SaaS revenue. Creating a 1.7-million subscriber base, Powerfleet PWFL -6.94%↓ and MiX Telematics MIXT -1.94%↓ announced this week that they will merge to form as a mobile IoT Software-as-a-Service provider.  The companies say that the all-stock...

Weekly Product News

CNH Completes Purchase of Hemisphere GNSS CNH Industrial C -2.03%↓ NHI has completed its purchase of Hemisphere GNSS for $175 million.  The acquisition, announced on March 30, 2023, strengthens CNH’s in-house precision, automation and autonomy technology for the agriculture and construction industries.  Last year, CNH...
Denver Post Read full story at Denver Post link above... Here Technologies has opened a new research and development office in Boulder that will focus on improving its futuristic mapping system to ultimately help autonomous vehicles. The company — based in Amsterdam...
Middle East GPS spoofing seems to have an epicenter... The source of massive GPS spoofing signals has been traced outside of Iran’s capitol city, Tehran, according to published reports.  A University of Texas student was responsible for the discovery using equipment on the International...
Two types of sedans come with Drive Pilot that doesn’t require users to keep eyes on road Mercedes-Benz has become the first automaker to offer Level 3 autonomous driving technology to U.S. consumers.  Both the EQS and S-Class sedans have a Drive Pilot feature that costs $2,500...
Porsche and Mobileye MBLY -0.89%↓have partnered to provide advanced driver assistance systems (ADAS) solutions, including automated assistance and navigation capability in future sports cars.  In these new Porsche models, Mobileye will provide its SuperVision technology platform. Despite Porsche’s parent company Volkswagen, along with partner Ford F -0.17%↓ , pulling...
Thalwil, Switzerland-based u-blox  has announced that Facebook has chosen its ZED-F9T GNSS receiver module for their timekeeping product.  Facebook’s Time Card, by improving synchronization of network computers, can speed up performance of data centers and distributed databases, the company said. Facebook Selects u-blox GNSS Receiver...
Company working with entities from 14 European countries on the new generation of Galileo satellites Thales Alenia Space has signed a $334 million contract with the European Space Agency (ESA) to build the Galileo Second Generation (G2G) Ground Mission Segment...

Weekly Product News

U.S. DoT Announces SMART Grants The U.S. Department of Transportation has announced that it is accepting applications for the Strengthening Mobility and Revolutionizing Transportation (SMART) Grants Program.  Companies specializing in connected vehicles, sensors, systems integration, delivery/logistics, innovative aviation, smart grid...
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