In the News

Swift Navigation Lands Major Investment For Tech That Improves GPS

San Francisco-based Swift Navigation completed its $50 million Series E financing round, the company announced Wednesday, bringing its total capitalization to more than $250 million. The round was led by led by Crosslink Capital, with participation from existing investors NEA, Eclipse, EPIQ Capital Group, First Round Capital, Telus Global Ventures, and Potentum alongside new investors Niterra Ventures, AlTi Tiedemann Global, Grids Capital, Essentia Ventures, Shea Ventures, and Ener Tech Capital.

Precision GPS Could Be Key to Unlocking AV Potential

High-precision GPS can improve the accuracy of global positioning exponentially, and widespread application has the potential to bring AVs a long way toward mass adoption, industry insiders contend. A recent demonstration of the technology by Swift Navigation drives home the point.

Expanding ADAS and AV deployments with cloud-based GNSS

Despite advances in computer vision, laser imaging, HD (high definition) mapping, and 5G, SAE Level 3 autonomous vehicles have not yet met the reliability, cost, and safety requirements for mass-market deployment. Skylark delivers uniform, centimeter-accurate positioning for navigation, ADAS, and vehicle autonomy and is being deployed by automotive OEMs and Tier One suppliers like Bosch.