financetom
Business
financetom
/
Business
/
Trimble, Xona Space Systems Collaborate to Provide Improved Satellite, Navigation Services
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trimble, Xona Space Systems Collaborate to Provide Improved Satellite, Navigation Services
Mar 11, 2025 8:21 AM

10:57 AM EDT, 03/11/2025 (MT Newswires) -- Trimble (TRMB) and Xona Space Systems said Tuesday they formed a new collaboration to combine Trimble's correction services with Xona's PULSAR navigation service to provide improved satellite services.

Xona plans to launch its small satellites in low Earth orbit in late 2026, with service slated to begin in 2027, the companies said.

The collaboration includes an investment from Trimble Ventures to deliver secure, high-precision positioning for users in geospatial, IoT, and other demanding applications using the new PULSAR service, according to the companies.

Xona's PULSAR is designed to work with existing GNSS hardware, offering cost-effective improvement for industries such as construction, surveying, automotive, according to the companies. Xona's signals are expected to reach inside low-rise buildings and provide stronger resistance to interference and jamming, improving coverage in places with poor visibility of the sky.

Integrating Trimble correction services into PULSAR is intended to support reliability in areas where cell coverage is limited, including high-latitude regions and other challenging environments, the companies said.

Price: 66.00, Change: -0.52, Percent Change: -0.77

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Amazon's Zoox robotaxis to drive faster, farther, at night in Las Vegas
Amazon's Zoox robotaxis to drive faster, farther, at night in Las Vegas
Mar 14, 2024
March 14 (Reuters) - Amazon.com's ( AMZN ) self-driving car unit, Zoox, is seeking to stay abreast of rival Waymo by expanding its vehicles' testing in California and Nevada to include a wider area, higher speeds and nighttime driving. The changes, announced on Thursday, apply to Zoox's fleet of vehicles that it designed and built itself. Those resemble toaster ovens...
Picton Mahoney Asset Management Announces Monthly Distribution For Various Funds
Picton Mahoney Asset Management Announces Monthly Distribution For Various Funds
Mar 14, 2024
03:14 PM EDT, 03/14/2024 (MT Newswires) -- Picton Mahoney Asset Management (PFIA.TO) announced Thursday the March 2024 monthly cash distributions for its various funds. According to a company statement, there is a $0.0241 per unit monthly distribution for the ETF units of the Picton Mahoney Fortified Income Alternative Fund; $0.0134 per unit for the ETF Units of the Picton Mahoney...
Looking At Cloudflare's Recent Unusual Options Activity
Looking At Cloudflare's Recent Unusual Options Activity
Mar 14, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on Cloudflare ( NET ). Looking at options history for Cloudflare ( NET ) we detected 18 trades. If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 55% with bearish. From...
Geron's blood disorder drug gets FDA advisers' backing
Geron's blood disorder drug gets FDA advisers' backing
Mar 14, 2024
March 14 (Reuters) - Advisers to the U.S. Food and Drug Administration on Thursday voted in favor of Geron's ( GERN ) blood disorder drug, stating that, based on late-stage trial data, the benefits outweigh treatment associated risks in patients. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved