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Telematics Company CalAmp Declares Bankruptcy, Goes Private

Telematics company CalAmp has filed Chapter 11 bankruptcy as part of a debt-cutting deal that places control of the company with lender Lynrock Lake Master Fund LP. The...

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Miovision Selects TomTom to Power Traffic Signal Solutions TomTom  has been selected by Miovision to improve signal analytics and in-vehicle solutions with traffic data and real-time/historic traffic...

DoD Requests $1.5 Billion for PNT Resiliency Programs

U.S. government also taking a $17 million bite out of transportation PNT efforts… Reacting to worldwide jamming incidents and other GPS interference, the U.S. Defense Department is...

Comtech Signs NG911 Services Contract That Could Exceed $250 Million

Comtech CMTL -0.45%↓ has announced that it signed a contract, which could potentially be worth more than $250 million, with the Commonwealth of Massachusetts for continued operation and maintenance...

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Overland AI Secures $10 Million in Funding Overland AI has secured $10 million in seed funding, led by Point72 Ventures with participation from Shasta Ventures, Ascend VC, Pioneer Square Labs, Voyager Capital,...

Swift Navigation Partners With SK Telecom

Swift Navigation this week announced a partnership with SK Telecom SKM -1.46%↓ to launch AI-powered, location products in the Republic of Korea.  The companies have designed and deployed, and...

Tile Owner Launches Satellite Tracking Service

It looks like Bluetooth tracking company Tile is going with a satellite-based solution to compete with Apple’s AAPL -0.12%↓ Find My network and Google’s GOOG 0.93%↑ Find My Device service. Life360, the family locator service company that bought...

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Send your news releases to kdennehy@driverlessreport.com. Go to www.locationbusinessnews.com for more news and an archive of stories. Taco John's Introduces Location-Based Order Fulfillment Fast Mexican food giant Taco John's has...

Xona Space Systems Closes $19 Million Round To Build GPS Alternative

New funding round accelerates development of a LEO alternative to GPS Accelerating the deployment of a low Earth orbit (LEO) alternative to GPS, Xona Space Systems this...

Intelsat Teams With CNH To Offer Precision Ag Service in Brazil

Intelsat has partnered with CNH CNHI 1.37%↑ to install, connect and operate ruggedized multi-orbit satellite terminals on CNH’s farm equipment operating in remote farmland throughout Brazil. The service, which be...

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