GPS World

Tag: Timothy Harris

  • Swift Navigation raises $100 million for precise vehicle navigation

    Swift Navigation raises $100 million for precise vehicle navigation

    Swift Navigation logoSwift Navigation, a San Francisco-based GNSS tech firm, announced that it has completed $100 million in Series D Round financing. The financing round was led by SK Inc. and Potentum Partners with strong support from Swift’s existing investors. Swift’s technology powers several of the largest automotive and commercial vehicle fleets on the road today, supporting enhanced navigation and ADAS.

    New investors include FM Capital, OVN Capital, TELUS Ventures, TWM Venture Co., Buckley Ventures, Schox Venture Capital and additional independent investors.

    “We are delighted to be the lead investor for this financing transaction as part of our investment strategy in high-tech software companies,” said Subeom Lee of SK Inc. “We believe that Swift will contribute to advancing the new era of driverless technology.”

    David Simons, founding partner of Potentum Partners, stated, “Centimeter-level position accuracy on a continent-wide scale is impressive enough, but what really excites us is Swift’s ability to provide it with extraordinary reliability, putting absolute-position data at the core of safety-critical features in automotive, automation and machine control,”

    Since its Series C Round of financing, Swift has refined its global, centimeter-accurate precise positioning service and expanded its coverage across continents to meet the needs of an on-demand economy requiring higher levels of autonomy. Swift’s customers span the globe and include automotive OEMs and Tier 1s, last-mile delivery providers, mobile handset and application providers and those building rail, industrial machine control and IoT platforms for mass-market applications.

    “We have an amazing group of investors behind us and are honored to see the many customers who are using Swift technology at such incredible scale as they build the future of transportation and automation,” says Swift CEO Timothy Harris. “[We thank] our loyal partners and investors at NEA, Eclipse and EPIQ and […] welcome the support of our new investors to help us deliver precise positioning across the world.”

  • Swift Navigation and Taoglas partner on precision GNSS solutions

    Swift Navigation and Taoglas partner on precision GNSS solutions

    Partnership to bring integrated precision GNSS solutions to automotive and industrial customers

    Swift Navigation, a San Francisco-based GNSS firm, and Taoglas, a provider of internet of things (IoT) solutions, have announced a strategic partnership to integrate their technologies to deliver pre-tested, low-risk, high-precision GNSS solutions to a broad customer base.

    The Taoglas EDGE RTK Starter Kit has high-precision GNSS with U.S. 4G/3G cellular connectivity. (Photo: Taoglas)
    The Taoglas EDGE RTK Starter Kit has high-precision GNSS with U.S. 4G/3G cellular connectivity. (Photo: Taoglas)

    The partnership will provide positioning solutions for automotive, micromobility, delivery, robotic and industrial customers. Specifically, the Taoglas EDGE Locate IoT platform and EDGE RTK Starter Kit now come pre-integrated with Swift’s Skylark precise positioning service.

    Bringing pre-integrated, high-accuracy positioning products to these industries in an easy-to-implement solution will greatly improve the accuracy of the positioning data delivered, the companies state.

    Together, Swift and Taoglas deliver high-precision GNSS solutions to customers around the globe by utilizing Taoglas’ IoT platforms and Swift’s Skylark seamless, cloud-based corrections — available in advanced SSR (state space representation) or industry-standard formats. The pre-integration allows customers to bypass module-level validation, integration and engineering efforts with an out-of-the-box solution.

    “Swift Navigation is excited to begin this partnership with Taoglas and align our visions of making accurate positioning easily accessible across industries,” said Swift CEO Timothy Harris. “We look forward to offering our products as an integrated solution to make it easier for customers across the globe to benefit from affordable and accurate positioning.”

    “We are delighted to be partnering with Swift Navigation to enable companies to overcome the challenges of delivering their high-precision positioning-based IoT solutions.,” said Ronan Quinlan, co-founder and joint CEO of Taoglas. “Our worldwide team of design, development, test and manufacturing engineers is dedicated to delivering IoT software and hardware solutions on time, the first time, for leading technology enterprises.”

    Additional products will soon be available from Swift, Taoglas and their channel partners. Customers have the ability to pre-order now by contacting [email protected] or [email protected].

  • Swift Navigation and KDDI partner to expand precise positioning

    Swift Navigation and KDDI partner to expand precise positioning

    Swift Navigation logoSwift Navigation is partnering with Tokyo-based KDDI Corporation, an international telecommunications company, to help bring Swift’s precise positioning technology to the Japan market. KDDI will also be a key partner in the global expansion of Skylark precise positioning service, which is now available across the continental United States and Europe in partnership with Deutsche Telekom.

    Traditionally, precision GNSS corrections were provided using real-time kinematic (RTK) techniques, requiring a high density of reference stations and with limited fault tolerance. By partnering with Swift, KDDI is able to utilize Swift’s patented wide-area corrections solution, a hybrid of precise point positioning (PPP) and RTK. The solution delivers wide-area corrections with a low density of reference stations, fast convergence and centimeter-level accuracy from a reliable service delivered via the cloud.

    The accuracy of the Skylark precise positioning service enables lane-level positioning at fast convergence times to achieve the levels of safety, reliability, integrity and availability required by autonomous, mass-market and mobile applications.

    Skylark is GNSS hardware agnostic, giving customers a choice of which GNSS sensor they use and enabling users across industries to benefit from higher accuracy by subscribing to Skylark. With the service, automotive manufacturers can achieve lane-level accuracy in the sensor suite with high levels of integrity. Delivery companies can improve operational efficiencies and cost savings with route optimization. Mobile app companies can improve analytics using accurate data to create better maps and higher performing apps. Industrial applications can automate equipment and improve efficiency with reliably accurate positioning.

    “Swift Navigation is delighted to be partnering with KDDI to expand Skylark’s precise positioning in Japan and benefit customers around the globe,” said Timothy Harris, co-founder and CEO at Swift Navigation. “KDDI has always been at the forefront of bringing innovative technological solutions to its customers, and Swift is pleased to add value to their businesses through the reliable accuracy delivered from Skylark.”

    “We believe that Swift’s high-precision positioning solution further empowers our business capabilities in mobility space and contributes to the expansion of business coverage into smart vehicles,” said Hiromichi Matsuda, executive officer, Business Exploration & Development at KDDI Corp. “The accuracy afforded from precise positioning unlocks opportunities for a multitude of businesses and industries and adds value to our customers in Japan.”