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Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of .
Swift NavigationFebruary 9, 2021 GMT
SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications, today announced that it has raised a $50 million Series C round of financing led by existing investors Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), existing investor Eclipse Ventures and new investors, including EPIQ Capital Group and KDDI Open Innovation Fund. To date, the company has raised a total of $97.6 million in funding.
Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of Automotive Safety and Precise Navigation Applications Across the Globe newsmakers.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmakers.pk Daily Mail and Mail on Sunday newspapers.
Eutelsat Communications: Eutelsat Entrusted once again by the European GNSS Agency (GSA) to Host EGNOS GEO-4 Payload
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The European GNSS Agency (GSA) has selected Eutelsat Communications (Euronext Paris: ETL) (Paris:ETL) for the development, integration and operation of its next-generation EGNOS GEO-4 service.
The contract agreed between Eutelsat and GSA covers 15 years of service provision and represents a total value of €100m, of which €85m subject to the confirmation of funds allocated to the EGNOS program from the European Union budget for the period 2021-2027.
SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) â
Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications, today announced that it has raised a $50 million Series C round of financing led by existing investors Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), existing investor Eclipse Ventures and new investors, including EPIQ Capital Group and KDDI Open Innovation Fund. To date, the company has raised a total of $97.6 million in funding.
Since its Series B round of financing, Swift has delivered a higher performance precise positioning service and expanded its global coverage to meet the needs of an on-demand economy and higher levels of autonomy. Swiftâs customers across the globe include automotive OEMs, last-mile delivery providers, mobile providers and those building rail, industrial, micromob
Dublin, Feb. 08, 2021 (GLOBE NEWSWIRE) The "Smart Space Market by Component (Solutions and Services (professional & managed)), Application (Energy Optimization and Management, Emergency Management, & Security Management), Premises Type (Commercial, Residential), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The Global Smart Space Market Size is Projected to Grow from USD 9.4 Billion in 2020 to USD 15.3 Billion by 2025, at a CAGR of 10.2% By component, the service segment to register the highest growth rate during the forecast period Services form an integral part of the software deployment and execution lifecycle. Services, including consulting, product support, updates, and maintenance, are required at various stages, starting from pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get better ROI. Smart space is changing the way designers and enginee