JV launched to bring highly precise satellite navigation to mass markets
Sapcorda will offer globally available GNSS positioning services via internet and satellite transmission and enable centimeter-accurate precision for GNSS. The services are to serve high-volume markets in the areas of automotive, industrial and consumer goods. The real-time correction data service will be provided in an open format, be publicly accessible, and won’t be tied to receiver hardware or systems.
“We are looking forward to working with our partners in this joint venture. Together we want to build a GNSS positioning service, which comprehensively meets the requirements of positioning sensors in the automotive field. Only with integrated safety and the highest possible precision will we be able to realize automated driving, “says Jumana Al-Sibai, member of the Board of Management’s Chassis Systems Control division at Robert Bosch GmbH.
“Geo ++ is looking forward to determining the future of high-precision positioning services together with our partners at Bosch, Mitsubishi Electric and u-blox. The long-term pioneering position of the partners in automotive and mass market solutions coupled with Sapcorda’s commitment to drive open formats will pave the way for a wide range of next-generation GNSS applications, “said Gerhard Wübbena, Founder & CEO of Geo ++.
“Mitsubishi Electric is striving to create a boundless global market for high-precision positioning systems that will enable recipients to use real-time correction data services that are potentially interoperable with the CLAS service (Centimeter Level Augmentation Service) -Zenith satellite system of the Japanese government. We believe that this joint venture will accelerate the introduction of automated driving and safe driving support, “said Masamitsu Okamura, executive officer, Electronic Systems Group, Mitsubishi Electric Corporation.
“We believe that this initiative with Bosch, Geo ++ and Mitsubishi Electric to establish Sapcorda Services will re-launch the market with a broad GNSS service offer. Key features such as security, integrity, and scalability, coupled with an appealing business model and an open approach that serves all interested manufacturers of GNSS receivers alike, will set new standards with a large number of established and evolving applications”, says Daniel Ammann , Executive VP and co-founder of u-blox.
More information: www.sapcorda.com
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