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PreAct Technologies Raises $14 Million

Portland, Ore.-based PreAct Technologies has announced it has raised $14 million in Series B funding.  Led by I Squared Capital, the round also included funding from State Farm...

HERE Works With AWS To Provide Indoor/Outdoor Device Positioning Services

LAS VEGAS—HERE Technologies said, at CES 2023, it is working with Amazon Web Services (AWS) to deliver developers with improved performance for indoor/outdoor positioning capabilities to track...

Luminar Acquires Civil Maps

LAS VEGAS—Luminar LAZR 4.65%↑ founder and CEO Austin Russell announced at CES that his company has purchased HD mapping startup San Francisco-based Civil Maps to make it more than just a...

Baidu Announces Largest Autonomous Ride-Hailing Service

Says Map Automation Rate is 96 Percent Baidu BIDU 1.39%↑ has announced that it plans to build the world’s largest autonomous ride-hailing service area in 2023. The company,...

Trimble and GM Say More Than 34 Million Hands-free Miles Driven

General Motors GM -0.10%↓ and Trimble TRMB 0.26%↑ announced that more than 34 million miles have been driven with Super Cruise engaged on vehicles.  GM uses Trimble’s GPS technology to enable a vehicle...

Swift Navigation Raises $100 Million

Company has raised a total of $200 million to expand into ADAS, autonomy, industrial machine control and commercial transportation markets. Swift Navigation has announced that it...

ITS World Congress Showcases Vehicle Safety Technology

Smart technology programs that concentrated on safety were highlighted at this week’s ITS World Congress in Los Angeles.  Ford F -2.11%↓ demonstrated a new smartphone-based communications technology that seeks...

Innoviz Grabs $4 Billion Deal With Volkswagen

Israel-based Innoviz Technologies INVZ 2.14%↑ announced this week that it has won a $4 billion contract from a Volkswagen Group unit to supply lidar and software across its automotive brands. ...

Trimble Exec Talks About First Deployment of Map-based Localization System

Last week, Location Business News reported that Trimble  announced the first deployment of its map-based localization system for land-based autonomous vehicle applications.  The customer, Japan-based IHI Corp.,...

Toyota Research Institute Conducts Autonomous Drift Test

Toyota Research Institute (TRI) recently demonstrated programming a vehicle to autonomously drift around obstacles on a closed track.  TRI's Nonlinear Model Predictive Control (NMPC), which extends...

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