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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...

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Geotab Showcases Canadian Innovations Geotab is a technology partner in Project Arrow, an initiative by The Automotive Parts Manufacturers' Association (APMA) of Canada to develop the first all-Canadian, zero-emission...

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...

PreAct Technologies Closes $20 Million Series B Round

Despite what seems to be a global downturn in the economy, such companies as PreAct Technologies are finding strong investments in their location technology. ...

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u-blox and Position Partners Launch PointPerfect GNSS in Australia Thalwil, Switzerland-based u-blox  has partnered with Position Partners to expand coverage of the PointPerfect GNSS augmentation service to Victoria and...

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MiX Telematics Signs 3,000 Subscribers in Latin America MiX Telematics MIXT 2.17%↑ has signed more than 3,000 new subscribers in Latin America in the last two quarters. Several...

Luminar Accused of Passing off Chip Design as Its Own Technology

Lidar company Luminar LAZR -6.90%↓ has been accused of passing off a future chip design as its own technology at a recent investor conference, according to Forbes.  Israeli startup LidWave sent...

Ouster and Velodyne Finalize Merger

Creating a lidar powerhouse, Ouster OUST -0.66%↓ and Velodyne have completed their previously announced merger.  While the companies say it was a “merger of equals,” the new entity will not...

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...

Ouster and Velodyne Announce Merger

The consolidation of the autonomous vehicle industry continues as lidar companies Ouster OUST 3.96%↑ and Velodyne VLDR 3.66%↑ announced they will merge.  The agreement calls for shareholders of both companies to each...

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