u-blox and Topcon Positioning Systems Partner to Offer Comprehensive GNSS Positioning Services with Unmatched Coverage

Rhea-AI Summary

u-blox and Topcon Positioning Systems have announced a strategic partnership to create one of the world's largest high-precision GNSS positioning service offers for the mass market. This collaboration aims to deliver unparalleled high-precision GNSS positioning services with increased availability, reliability, and affordability.

The partnership will cater to a broad spectrum of applications requiring precise positioning, including automotive, industrial, robotics, construction, agriculture, and mobility. The services will integrate seamlessly with u-blox's current and future hardware products and services like PointPerfect.

This collaboration aligns with u-blox's long-term goal of becoming a significant provider of high-precision positioning services. According to EUSPA, services enabled by GNSS devices are expected to generate around 80% of total GNSS revenues in 2033.

Positive

• Creation of one of the world's largest high-precision GNSS positioning service offers for the mass market
• Expansion of u-blox's portfolio and market reach in the positioning service market
• Integration with u-blox's current and future hardware products and services
• Potential for increased revenue from GNSS services, expected to generate 80% of total GNSS revenues by 2033

Negative

• None.

Collaboration aims to leverage combined expertise and assets to deliver unparalleled high-precision GNSS positioning services with increased availability, reliability and affordability for the mass market.

THALWIL, SWITZERLAND / ACCESSWIRE / September 19, 2024 / u-blox (SIX:UBXN), a global provider of leading positioning and wireless communication technologies and services, has announced a strategic partnership with Topcon Positioning Systems, a global leader in precision measurement and workflow solutions. This collaboration is set to create one of the world's largest high-precision GNSS positioning service offers for the mass market, giving customers across the globe a blend of performance, pricing, and delivery options.

This partnership comes at a time when the demand for GNSS precise positioning in a wealth of applications is surging, driven by the increased availability, reliability, and affordability of the technology . According to a recent report by EUSPA (p. 22), the services enabled by GNSS devices will generate around 80% of total GNSS revenues in 2033 ^* .

The comprehensive suite of GNSS correction services with global coverage will cater to a broad spectrum of applications requiring precise positioning. These include automotive, industrial, robotics, construction, agriculture, mobility, and more. They integrate seamlessly with u-blox's current and future hardware products, as well as services such as PointPerfect. The close collaboration between the two companies will enable u-blox to expand its portfolio, optimize development initiatives and operations, and leverage assets and global expertise to grow within the positioning service market.

"The strategy driving this collaboration with Topcon is to grow the u-blox services portfolio to better solve the full range of problems and needs customers are facing," says Eric Heiser, Head Business Unit Services at u-blox. "This announcement also aligns with the company's long-term goal of growing our positioning business by becoming a significant provider of high-precision positioning services, making the future with us precise, smart, and sustainable."

Topcon echoes the sentiment: "This strategic partnership combines the high-volume, mass-market application products and knowledge of u-blox with the high-level precision GNSS services and expertise of Topcon. By working with u-blox, we're not only expanding our global footprint, but also offering scalable services that cater to a wider range of precision GNSS needs, from our agriculture and construction markets now into automotive and robotics," said Ian Stilgoe, Vice President, Global Emerging Business, Topcon Positioning Systems. "Ultimately, this partnership allows both companies to provide more comprehensive solutions to a wider range of customers, addressing their positioning challenges more effectively than either company could do alone. Whether it's u-blox now extending high-precision RTK services or Topcon gaining wider reach in new markets, our combined portfolios create a compelling value proposition that will drive innovation and accessibility in GNSS positioning services globally."

^* "Source: EUSPA EO and GNSS Market Report, Issue 2, copyright © European Union Agency for the Space Programme, 2024"

About u-blox
u-blox (SIX:UBXN) provides semiconductor chips, modules, and IoT services that reliably locate and connect everything. Our cutting-edge solutions drive innovation for the car of the future and the Internet of Things. Headquartered in Thalwil (Zurich), Switzerland, we have a global presence of 1,400 experts who enable our customers to build solutions for a precise, smart, and sustainable future.

Join us on social media - X , Facebook , YouTube , LinkedIn and Instagram . ( www.u-blox.com )

u‑blox media contact:
Natacha Seitz
Senior Manager PR and Content Strategy
Mobile +41 76 436 0788
natacha.seitz@u-blox.com

About Topcon Positioning Systems
Topcon Positioning Systems is an industry-leading designer, manufacturer and distributor of precision measurement and workflow solutions for the global construction, geospatial and agriculture markets. Topcon Positioning Systems is headquartered in Livermore, California, U.S. ( topconpositioning.com , LinkedIn , Twitter , Facebook , Instagram ).

Its European head office is in Zoetermeer, Netherlands. Topcon Corporation (topcon.com), founded in 1932, is traded on the Tokyo Stock Exchange (7732).

Press Contact:
Topcon Positioning Systems
Staci Fitzgerald
CorpComm@topcon.com
+1 925-245-8610

SOURCE: u-blox AG

View the original press release on accesswire.com

FAQ

What is the purpose of the partnership between u-blox and Topcon Positioning Systems?

The partnership aims to create one of the world's largest high-precision GNSS positioning service offers for the mass market, delivering unparalleled services with increased availability, reliability, and affordability.

Which industries will benefit from the u-blox and Topcon partnership's GNSS positioning services?

The services will cater to a broad spectrum of applications requiring precise positioning, including automotive, industrial, robotics, construction, agriculture, and mobility sectors.

How does the u-blox (UBLXF) and Topcon partnership align with u-blox's long-term goals?

The partnership aligns with u-blox's long-term goal of growing its positioning business by becoming a significant provider of high-precision positioning services, making the future precise, smart, and sustainable.

What percentage of total GNSS revenues are services enabled by GNSS devices expected to generate by 2033?

According to a report by EUSPA, services enabled by GNSS devices are expected to generate around 80% of total GNSS revenues in 2033.