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GEODNET Expands Its Network with New Distribution and OEM Agreements with More Than Ten New Enterprise Customers

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2024-06-26 12:53:38760browse

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GEODNET Expands Its Network with New Distribution and OEM Agreements with More Than Ten New Enterprise Customers

SantaClara,Calif.–(BUSINESSWIRE)–TheGEODNETFoundation,theWeb3organizationgoverningtheworld’slargestReal-TimeKinematic(RTK)networkGEODNET,todayannouncednewdistributionandOEMagreementswithmorethantennewenterprisecustomers.ThecustomerselectionvalidatesthatGEODNET’sblockchain-basedglobalRTKandGNSScorrectionnetworkprovidesauniquevaluepropositioncombiningaffordability,precision,andreliability.CustomerApplicationWebsiteAllyNavPrecisionFarminghttps://www.allynav.com/BadElfSurveyGNSShttps://bad-elf.com/bynavAutomotiveandIoTOEMshttps://www.bynav.com/SensoriRoboticsIoTRoboticLawnmowershttps://www.sensorirobotics.com/UnmannedLifeDroneOrchestrationhttps://unmanned.life/“Todayweannouncedawiderangeofnewcustomerswhosebusiness’sspanAutomotiveElectronics,DroneTechnology,IoTRobotics,aswellastraditionalFarmingandSurveyingEquipment.Thesenewlyannouncedcustomersaswellasanadditionalfivenon-publiccontractsdemonstratethebreadthandgrowthofapplicationsforpreciselocationusingGEODNET,”saidMikeHorton,ProjectCreatorofGEODNET.TheGEODNETecosystemisundergoingcontinuousgrowthwithanaverageof100to200GNSSreferencesstationsaddedperweekduringthefirsthalfof2024.TheGEODutilitytokenisnowavailableonseveralnotablecentralizedanddecentralizedtokenexchangesincludingGate.IO,MEXC,Mimo,Quickswap,andUniswap,andthecrosschainGEODtokenisliveonboththePolygonandIoTeXEthereum-compatibleblockchains.GEODNETistheworld’slargestGlobalNavigationSatelliteSystem(GNSS)referencenetworkforReal-TimeKinematics(RTK)basedpositioning.StandardGPSisusuallyoffbytwometers;however,devicesconnectedtoGEODNET’sglobalRTKnetworkcanachieveinstantaccuracywithin1-2centimeters.ManyIoTandautonomousapplications,suchasdrones,smartmowers,andAdvancedDriverAssistanceSystems(ADAS),havealreadyshiftedtoRTKinlieuofstandardGPSpositioning.GEODNETisacommunity-basedDecentralizedPhysicalInfrastructureNetwork(DePIN).Anybodycancontributetothenetworkbyinstallingandoperatingareferencestationknownasasatelliteminer.SatelliteminersdeliverpreciseRTKcorrectiondatatodevicesequippedwithGNSSreceiverswithinarangeofapproximately20-40kilometers.GEODNEThasover7000registeredreferencestationsin2500+citiesacross120+countriestoday.Ultimately,GEODNETaimstoprovidetheworld’smostrobustprecisionnavigationsystemtoavarietyofindustries,includingself-drivingcars,agriculture,consumerrobots,andmore.GEODNETisthebrainchildofMikeHorton,asuccessfulentrepreneurwithalongtrack-recordinthenavigationspace.MikepreviouslyfoundedCrossbowTechnologyin1995andservedasCEOuntilitwassoldtoMoogInc.in2011.Heisco-founderandCTOofANELLOPhotonics,theCreatoroftheSiliconPhotonicOpticalGyroscope.AboutGEODNETGEODNETisahighlyreliable,Web3RTKNetworkthatusesDePINprinciples.Usingonlyalowdataratenetworkconnection,Real-TimeKinematicsenablesa100ximprovementinpositionaccuracyascomparedtostandaloneGPS.GEODNET’sglobalnetworkofRTKstationscomplementon-devicesensorssuchasCameras,LiDAR,andIMU’stopowerAI-basedAutonomousSystemswithaccuratereal-time3Dlocalization.Formoreinformation:GeodnetWhitePaperWebsiteDuneDashboardTwitterContacts[emailprotected]

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