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Location Product News Send your news releases to kdennehy@driverlessreport.com. Go to www.locationbusinessnews.com for more news and an archive of stories. Hexagon Acquires Inertial-Sense to Boost Precision Navigation and Autonomy Hexagon has announced it will acquire Inertial-Sense, a U.S.-based company specializing in high-precision inertial navigation systems with...
A French court has appointed Singapore-based IoT service provider UnaBiz as the new owner of Sigfox, which had been in receivership and rehabilitation proceedings following massive net losses and debt. Nine potential buyers made the Feb. 25 legal deadline to take over Labège,...
Citing conduct unrelated to the business, Comtech Telecommunications CMTL 8.83%↑ terminated Ken Peterman as president and CEO and have removed him from its board of directors. "The Board is committed to upholding the highest standards of ethical and professional conduct," said Mark Quinlan, Comtech board chairman, in...
The 5G Automotive Association (5GAA) demonstrated vehicles equipped with satellite-based connectivity and 5G Vehicle-to-Everything (V2X) technology. This event marked the first live, on-road integration non-terrestrial networks (NTN) with terrestrial 4G and 5G systems, which was conducted last week in Paris at...
In an article titled, “Wireless Transportation Disruption,” veteran industry analyst Roger Lanctot hammers Washington, D.C.-based trade group ITS America and its affiliates as being “disconnected from automakers, wireless carriers, and technology companies.” The reason?  The reallocation of wireless spectrum by the FCC last year to shift...
Despite what seems to be a global downturn in the economy, such companies as PreAct Technologies are finding strong investments in their location technology.  PreAct yesterday closed a $20 million Series B round led by Squared Capital, with participation...
Company has burned through $8.2 billion since 2017, hopes to restart testing There is hope for Cruise, the robotaxi company that was forced to cease operations after one of its driverless cars hit a pedestrian in San Francisco last October.  That...
Document says Google has data on 350 million buildings, with big companies lined up Google GOOG 0.90%↑ is hoping to earn $100 million by licensing mapping data to renewable energy companies, according to CNBC.  The company will sell access to APIs with solar and such...
Snap Map, a feature within the Snapchat app that allows users to view locations and events, has reached more than 400 million monthly active users, parent company Snap SNAP 0.00%↑ announced last week. Snap Map allows Snapchatters to connect with...
One of the largest U.S. home improvement stores has partnered with geolocation company Pointr to provide digital mapping on their mobile app.  The company said this is the largest indoor mapping deployment of its kind. Pointr did not reveal the U.S. retail...

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