Mexican Media Brands
Lear Buys Israeli GPS Firm
Lear Corp. has agreed to buy Israel-based EXO Technologies LLC, which is developing an enhanced GPS technology for use in connected and autonomous vehicles.
Share
Lear Corp. has agreed to buy Israel-based EXO Technologies LLC, which is developing an enhanced GPS technology for use in connected and autonomous vehicles. Terms of the deal weren’t disclosed.
The proprietary technology works with existing GPS receivers to provide location accuracy within 10 cm, according to EXO.
The company claims the cloud-based system provides the most accurate real-time data to correct satellite orbit, clock and atmospheric affects without the need for terrestrial base-station networks. Such precision currently can take as much as 20 minutes to verify.
RELATED CONTENT
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
Plastics: The Tortoise and the Hare
Plastic may not be in the news as much as some automotive materials these days, but its gram-by-gram assimilation could accelerate dramatically.
-
GM Develops a New Electrical Platform
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
