u-blox AG: u-blox celebrates half a billion GNSS receivers sold

EQS Group-Media / 2019-09-05 / 09:00 
 
*Media Alert* 
 
*u-blox celebrates half a billion GNSS receivers sold* 
 
*Thalwil, Switzerland - September 5, 2019 -* u-blox (SIX:UBXN), a global 
supplier of leading positioning and wireless communication technologies, is 
pleased to announce that it recently sold its 500 millionth global 
navigation satellite system (GNSS) receiver. As the only technology capable 
of delivering absolute position anywhere on the planet, GNSS-based 
positioning has found its way into a wide range of consumer, industrial, and 
automotive applications, allowing connected devices to efficiently qualify 
the origin of transmitted data with accurate time and position information. 
 
u-blox's portfolio of GNSS receivers targets a broad range of established 
and emerging applications and use cases. Standard meter-level GNSS 
receivers, which are the dominant solution today, continue to become 
smaller, lower cost, and more power efficient. Meanwhile, the market for 
high-precision GNSS receivers for automotive and consumer applications is 
increasing rapidly. Additionally, we're seeing the first automotive 
applications requiring functional safety for highly automated driving. 
 
"It's been thrilling to watch GNSS technology evolve over these past two 
decades from an expensive niche technology to one we use every day," says 
u-blox CEO Thomas Seiler. "We're excited to see how our GNSS technology will 
continue to empower our customers to develop innovative solutions for our 
connected future. Thank you to everyone at u-blox, to our many customers, 
and our investors for their trust and accompanying us along this unrelenting 
journey." 
 
*About u-blox* 
 
u-blox (SIX:UBXN) is a global provider of leading positioning and wireless 
communication technologies for the automotive, industrial, and consumer 
markets. Their solutions let people, vehicles, and machines determine their 
precise position and communicate wirelessly over cellular and short range 
networks. With a broad portfolio of chips, modules, and a growing ecosystem 
of product supporting data services, u-blox is uniquely positioned to 
empower its customers to develop innovative solutions for the Internet of 
Things, quickly and cost-effectively. With headquarters in Thalwil, 
Switzerland, the company is globally present with offices in Europe, Asia, 
and the USA. (www.u-blox.com [1]) 
 
Find us on Facebook [2], LinkedIn [3], Twitter @ublox [4] and YouTube [5] 
 
*u-blox media contact:* 
Natacha Seitz 
PR Manager 
Phone [phone] 
[e-mail] 
 
Issuer: u-blox AG 
Key word(s): Research/Technology 
 
End of Corporate News 
Language:    English 
Company:     u-blox AG 
             Zürcherstrasse 68 
             8800 Thalwil 
             Switzerland 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.u-blox.com 
ISIN:        CH0033361673 
Listed:      SIX Swiss Exchange 
EQS News ID: 868193 
 
End of News EQS Group Media 
 
868193 2019-09-05 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=3269a4a9d550ad3101ca61d6fb1c807c&application_id=868193&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=99a4054bbe8b8f79fe108c7fb69c46c3&application_id=868193&site_id=vwd&application_name=news 
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=c5371f4ad8d82f61c776d77f48ce07b0&application_id=868193&site_id=vwd&application_name=news 
4: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=038d74f8156865bcb765057e289aaee2&application_id=868193&site_id=vwd&application_name=news 
5: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=60b9c5e734211f8da674a8446391f2e3&application_id=868193&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

September 05, 2019 03:00 ET (07:00 GMT)