Tag: Financial
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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