U-blox Demonstrates Navigation Using Chinese BeiDou Satellite System
THALWIL, Switzerland, Jan. 17, 2013 /PRNewswire/ -- Swiss-based u-blox (SIX:UBXN), a leading provider of GPS/GNSS and wireless semiconductors, has achieved successful satellite positioning using China's BeiDou Navigation Satellite System. The technical achievement establishes u-blox as the first GNSS ("Global Navigation Satellite System") component vendor to demonstrate compatibility with all globally deployed positioning systems: GPS, GLONASS, Galileo, QZSS and now BeiDou. Customer demonstration of the technology will begin during Q1 2013.
"As the technology leader in global positioning electronics, we are thrilled to have achieved this milestone only 3 weeks after the BeiDou specification was published," said Thomas Seiler, u-blox CEO. " China will become the world's most important single market for devices relying on embedded satellite navigation, and u-blox plans to be a major player in this market."
BeiDou-2, also known as "Compass," currently has 15 satellites in orbit, offering navigation and positioning services to users in China and Southeast Asia. It will ultimately consist of 35 satellites providing worldwide positioning capability over its open service to within 10 meters accuracy.
u-blox will be demonstrating BeiDou compatibility with their latest GNSS platform at embeddedworld 2013 during February 26-28, 2013 in Nuremberg, Germany, stand 4A-325. To set up a meeting in advance, please contact email@example.comFor more information about u-blox, visit www.u-blox.com For more information about the BeiDou Navigation Satellite System, visit http://www.beidou.gov.cn/ About u-bloxSwiss-based u-blox (SIX:UBXN) is the global leader in positioning and wireless semiconductors for the consumer, industrial and automotive markets. Our solutions enable people, vehicles and machines to locate their exact position and wirelessly communicate via voice, text or video. With a broad portfolio of chips, modules and software solutions, u-blox is uniquely positioned to enable OEMs to develop innovative personal, professional and M2M solutions quickly and cost-effectively. With headquarters in Thalwil, Switzerland, u-blox is globally present with offices in Europe, Asia and the USA. ( www.u-blox.com) SOURCE u-blox
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts