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

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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 +41 76 436 07 88
natacha.seitz@u-blox.com

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: +41 44 722 74 44
Fax: +41 44 722 74 47
E-mail: info@u-blox.com
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)
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