ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Swift Navigation and Telit Cinterion Partner to Enable Precise Positioning in Ultra-Low Power Applications

SAN FRANCISCO, March 21, 2024 (GLOBE NEWSWIRE) -- Swift Navigation, a market leader in precise positioning technologies for automotive, IoT, and mobile applications, and Telit Cinterion, a leading end-to-end IoT solutions enabler, today unveiled their joint solution to empower ultra-low power consumption devices, such as wearables, robotic lawn mowers, and vehicle tracking devices with precise GNSS positioning. The partnership will help to unlock the next generation of location-based apps for navigation, worker safety, fleet management, asset tracking, and more.

By making it possible for devices to determine their location with centimeter accuracy, precise positioning is already enabling autonomous passenger cars and industrial robots to operate safely. But this technology has historically been challenging to integrate into applications that leverage small, battery-powered devices to navigate roads more precisely and track assets more efficiently.

With the introduction of their joint solution, Telit Cinterion and Swift are tackling this challenge head on. Together with Telit Cinterion’s suite of best-in-class GNSS receivers, Swift’s Skylark® Precise Positioning Service offers uniform precision across entire countries while minimizing power consumption, processing loads, and data transmissions, all at an unbeatable price-to-performance ratio. In even the most challenging environments, such as dense urban areas and canyons, the joint solution dramatically improves location accuracy within seconds.

"We are collaborating with Swift to bring forth a solution that addresses the evolving needs of e-mobility and IoT applications,” said Marco Argenton, Vice President Product Management, IoT Modules at Telit Cinterion. “The integration of Skylark with our GNSS receivers, such as the SE868SY-D module, ensures our customers benefit from enhanced precision without compromising on power efficiency."

“We partnered with Telit Cinterion because they share our commitment to providing innovative solutions that unlock entirely new use cases for precise positioning across industries,” said Holger Ippach, Executive Vice President of Product at Swift Navigation. “We are thrilled to offer a new solution that enables IoT and mobile app developers to harness the power of precise positioning as never before.”

Swift’s Skylark is compliant with industry standards and interoperable with an ever-growing list of GNSS chipsets, modules, receivers, and applications, making it easier and more cost effective to deploy than vertically integrated solutions. To learn more about Skylark interoperable devices visit: https://www.swiftnav.com/device-ecosystem

ABOUT SWIFT NAVIGATION
Swift Navigation is changing the way we understand and navigate the planet. Swift’s precise positioning solutions enable centimeter-level mapping, tracking, and navigation to unlock vehicle autonomy, industrial automation, and digital innovation across industries globally. Some of the largest companies in the world are leveraging Swift’s technology to enable safer driving, deliver autonomous vehicles and equipment, optimize logistics, and unleash next-generation mobile applications for navigation, worker safety, and augmented reality, among others. Learn more about how Swift is building a safer and more connected future at www.swiftnav.com

ABOUT TELIT CINTERION
Telit Cinterion is a global end-to-end IoT solutions enabler providing complete solutions that reduce time to market and costs, delivering custom designed, ready for market connected devices in addition to maintaining the industry's broadest portfolio of enterprise-grade wireless communication and positioning modules, cellular MVNO connectivity plans and management services, edge-cloud software and data orchestration, and IoT and Industrial IoT platforms. As the largest western provider pioneering IoT innovation, Telit Cinterion delivers award-winning and highly secure IoT solutions, modules and services for the industry's top brands. Learn more about Telit Cinterion at www.telit.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f49ddff0-2f4c-4f0f-8676-55f71adc4cd8


CONTACT: press@swiftnav.com

Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.