Thalwil ZH – U-blox will implement further projects with key automotive customers in the Asia-Pacific region. The provider of solutions for positioning in automated driving expects revenue of more than $100 million from 2026 onwards.
U-blox has secured a record number of automotive projects in 2023, , the global provider of positioning technologies, wireless communication, and services announced in a press release. U-blox anticipates revenue of more than $100 million from 2026 onwards for these project wins with various automotive manufacturers in the Asia-Pacific region.
According to the information provided, upcoming vehicle models from these manufacturers will be equipped with u-blox's highly precise GNSS (Global Navigation Satellite System) platform F9. This platform features key functions essential for autonomous driving, such as decimeter-level positioning, enabling reliable lane detection and lane keeping. GNSS-based positioning is intended to complement the perceptual capabilities of other sensors, thereby enabling autonomous driving in a growing number of scenarios.
These recent successes, along with other tenders won in 2023, underscore u-blox's leading role in shaping autonomous mobility U-blox expects its GNSS positioning solutions to have a deployment rate of over 32% by 2030, compared to 10% in 2023. "We are proud and encouraged by the value we create with our innovations," said CEO Stephan Zizala. ce/mm