Ventures • January 3, 2013
Continuing its string of acquisitions in recent years, Trimble announced today (January 3, 2011) that it has acquired ALK Technologies Inc., a privately held Princeton, New Jersey–based company that offers proprietary routing and international map-based solutions for transportation, logistics and mobile workforces.
December 11, 2012
The U.S. Air Force (USAF) has signed a sole-source, 13-year, multimillion-dollar contract with Locata Corporation to install the company’s ground-based LocataNet positioning system at the famed White Sands Missile Range in New Mexico.
Events • December 11, 2012
Companies who exhibit at the Institute of Navigation GNSS conference next September will have longer exhibit hall hours to work the floor - but fewer days to do so - at the 2013 event in Nashville, Tennessee.
Based on feedback from exhibitors, ION will eliminate the Friday hours for the industry show and increase the Wednesday and Thursday hours next year.
New Builds • November 30, 2012
Locata Corporation has announced that its integration partner, Leica Geosystems Mining, has begun to sell and ship to their global mining customers the world’s first Locata-powered positioning systems.
November 30, 2012
An experimental GPS receiver, built by Surrey Satellite Technology Limited (SSTL), has successfully achieved a GPS position fix at a 23,300-kilometer altitude — the first position fix above the GPS constellation on a civilian satellite, according to the company.
SSTL’s SGR-GEO receiver is collecting data that could help the company to develop a receiver to navigate spacecraft in geostationary Earth orbit (GEO) or even in deep space.
November 30, 2012
Global sales of the smallest GNSS form factor — the integrated circuit (IC) — will exceed $3 billion next year, driven in large part by incorporation of position/location capabilities in smartphones, according to a leading research organization.
November 16, 2012
[Updated November 17, 2012] Hemisphere GPS, the latest incarnation of a home-grown Canadian company, has announced plans to close its Calgary, Alberta, headquarters and exit the OEM GNSS business, and is currently seeking a buyer for its Precision Products and R&D assets.
November 16, 2012
A U.S. Navy program that uses technology developed by a Raytheon-led team to land aircraft in harsh weather has been recognized with a Department of Defense (DoD) engineering award.
The Joint Precision Approach and Landing System (JPALS) Increment 1A ship system received the Systems Engineering Top 5 Programs Award for "successful implementation of systems engineering best practices resulting in program success," according to the DoD.
November 2, 2012
Trimble on Thursday (November 1, 2012) announced third-quarter revenue of $504.8 million, up 21 percent as compared to the third quarter (Q3) of 2011.
GAAP operating income for the third quarter of 2012 was $63.5 million, up 96 percent from the year-earlier period. GAAP net income for Q3 2012 was $53.4 million, up 91 percent from Q3 2011. Diluted earnings per share in the third quarter of 2012 were $0.42 as compared to diluted earnings per share of $0.22 a year ago.
Ventures • November 1, 2012
ESRI, major supplier of geographical information system (GIS) software, features a number of maps and apps on Hurricane Sandy on its website.
These include FEMA, Red Cross, various municipal and state maps and social networking apps on many aspects of the storm and its effects, from power outages to demographic information.