Tag: ADAS
TomTom Posts Operating Loss as Auto Sales Slow
Citing slow car sales in Europe and North America, TomTom reported a wider-than-expected loss in the first quarter.
"In the first quarter of 2024, revenue was comparable to...
Companies Make Digital Twin Technology Transactions
Several companies this week have touted transactions that include digital twin development. One company, Woolpert, has acquired Ireland-based Murphy Geospatial, which provides survey, mobile and indoor mapping,...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
💲 Porsche, Lamborghini, and Bentley To Use Mobileye's Autonomous Tech. “The second largest car manufacturer in the world (after Toyota) will acquire partial and...
ESA Awards Three Contracts Worth $253 Million for Navigation Missions
ESA's FutureNAV program includes Genesis and LEO-PNT
The European Space Agency this week awarded $253 million for three contracts that fund two satellite navigation missions. The navigation...
Companies Launch Products for Mobility Markets
Swift Navigation and Telit Cinterion have launched a joint product that integrates Swift’s Skylark Precise Positioning Service with Telit Cinterion’s GNSS modules. Use cases include wearables, robotic lawn mowers...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
☹ Mobileye to Close Aftermarket Unit, Lay Off 130. “Israeli advanced driving assistance systems (ADAS) company Mobileye Global MBLY 2.55%↑ has announced that it is closing...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
💰 Applied Intuition Lands $6B Valuation for AI-Powered Autonomous Vehicle Software. “The eye-popping funding round is the latest example of investor fervor for...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
😕 Robotaxis by GM's Cruise Are Getting Ready To Hit the Streets Again. “As per a report by Bloomberg, the driverless taxi company is in...
Weekly Connected and Autonomous Vehicle News
Connected and Autonomous Vehicles:
😐 Waymo's Robotaxi Expansion Plans in California Put On Hold by Regulators. “Waymo’s plan to expand its robotaxi service in Los...
Weekly Product News
HERE Integrates HD Live Map in BMW’s 7 Series’ Personal Pilot, Partners With Techjockey.com
HERE Technologies has announced that its HERE HD Live Map, based on UniMap, is...
