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U-blox Wins Patent Infringement Lawsuit against Techtotop, Announces Largest Investor

Thalwil, Switzerland-based u-blox  has announced that the Chinese Supreme Court has ruled in its favor in a patent infringement claim filed by Techtotop Microelectronic Technology Co. The company said...

TomTom Reports Quarterly Loss, Partners With Terra Visus

Driven by stronger automotive division sales, digital mapping company TomTom  last week reported smaller than expected losses for its third quarter.  The company reported a...

Weekly Product News

Yaletown Partners Invests in oneNav Yaletown Partners have invested in Sunnyvale, Calif.-based oneNav, which recently rolled out its pureL5 Acquisition Receiver Core (pARC) GNSS augmentation product.  Financial details were...

BAE’s $5.6 Billion Purchase of Ball Aerospace Consolidates Military GPS

Already a major GPS military user equipment provider, BAE Systems looks to the U.S. government space market with acquisition… While last week’s $5.6 billion purchase...

INRIX Secures $70 Million Financing

Connected vehicle and traffic intelligence company INRIX has secured a $70 million financing round from funds managed by Morgan Stanley Investment Management.  The funding will be used...

Google Is Laying Off Waze Employees

Despite saying there would be no layoffs in December, Google is transitioning its ad business Google GOOG 1.88%↑ is laying off employees at its map company Waze, CNBC reported this week. ...

Intel To Sell Part of Mobileye for $1.5 Billion

Lidar manufacturer's stock has doubled since last year's IPO Intel Corp. INTC 0.00 plans to sell a part of Mobileye Global MBLY 0.00, maker of...

NUVIEW Plans to Map Earth Entirely With Lidar

NUVIEW has announced that it is building the first commercial lidar satellite constellation to map the Earth’s land surface in 3D.  The announcement, made at the Geospatial...

Space Force Pauses New GPS Satellite Orders

Too many GPS satellites are awaiting launch... The U.S. Space Force has announced that it is pausing new orders of GPS satellites as there are several in...

Cognosis Raises $25 Million, Says 2022 Revenue Tripled

Asset tracking company Cognosos has raised $25 million in a growth round led by Riverwood Capital.  The company, which has tailored its real-time location services (RTLS) to...

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