GPS World

Tag: Veripos

  • Veripos Upgrades Reference Stations with Septentrio GPS/GLONASS/Galileo/BeiDou Receivers

    Veripos Upgrades Reference Stations with Septentrio GPS/GLONASS/Galileo/BeiDou Receivers

    The Septentrio PolaRx4 reference receiver.
    The Septentrio PolaRx4 reference receiver.

    Veripos, a global provider of precise satellite positioning solutions to the international offshore and marine industries, is concluding the upgrade of its global network of GNSS reference stations with high-performance multi‑frequency GPS/GLONASS/Galileo/BeiDou receivers from Septentrio.

    Veripos owns and operates a network of more than 80 reference stations worldwide that is used to determine estimates of the orbit and clock errors of multiple GNSS satellite constellations. Veripos uses these estimates to calculate corrections which are then broadcast to end users to significantly improve the accuracy of positioning. At the heart of the network is Septentrio PolaRx4, a full-featured reference receiver that provides high-quality tracking and measurement of all available and upcoming GNSS signals.

    The upgrade of the Veripos global network of reference stations with the latest Septentrio reference receiver technology is an outcome of the multi-year collaboration between the two companies. Septentrio also supplies Veripos with multi-frequency GNSS and heading receivers for its marine business, including the LD series of integrated mobile units that deliver the complete range of Veripos augmentation services to its customers worldwide.

    “Septentrio reference stations are renowned for their excellent data-quality and robustness,” commented Bobby Johnson, Chief Technical Officer of Veripos. “Septentrio technology enables us to provide a full range of services and to remotely manage and upgrade the hardware to enhanced features, which is crucial for managing a worldwide reference network, where the equipment is often not easily accessible.”

    “We are delighted to see continued positive outcome from the technical and commercial relationship we have established with Veripos over the years and that has developed into Septentrio enabling Veripos to deliver a variety of solutions with high-quality and robust industrial performance everywhere on the globe to the benefit of a multitude of users in one of the most demanding industries,” said Jan Van Hees, head of sales and business development at Septentrio.

  • Hexagon Enters into Agreement with Topcon for TerraStar Network

    Hexagon AB and Topcon have announced an agreement for Hexagon to purchase Veripos, which operates a network of more than 80 GNSS reference stations through its subsidiary TerraStar.

    The regulatory announcement explains that Hexagon, Topcon Europe B.V. and Topcon Corporation have entered into a memorandum of understanding (MoU) related to Veripos, Inc. Hexagon Acquisition Ltd., an indirectly wholly owned subsidiary of Hexagon, has made an unconditional cash offer for all outstanding shares in Veripos not already owned by Hexagon Acquisition Ltd. Hexagon Acquisition Ltd. owns and has received acceptances and pre-acceptances for a total of 9,980,630 shares, representing 30.1 per cent of the outstanding shares in Veripos.

    Under the MoU, Hexagon would establish a customer agreement between Topcon and Veripos, under which Topcon will act as a reseller of the satellite broadcast correction signal offered by Veripos. This “TerraStar Agreement” between Veripos and Topcon is intended to be an agreement with TerraStar GNSS Ltd., a wholly-owned subsidiary of Veripos and the contractual partner for all resellers and customers of the on-shore services. Under the TerraStar Agreement, Topcon will be entitled to offer the signal to its customers and to make its products compatible with the signal.

    Also under the MoU, Hexagon and Topcon will establish a separate joint venture company on an equal partner basis for the purposes of pursuing joint efforts and cooperation in relation to the future development and direction of the services provided under the TerraStar Agreement.

    GNSS receiver manufacturers who are partners with TerraStar include NovAtel, Altus Positioning Systems, and Septentrio Satellite Navigation.

    The acceptance period for the unconditional cash offer expires on January 29, subject to further extensions but not beyond February 7.