u-blox AG, CH0033361673

u-blox AG, CH0033361673

05.05.2022 - 09:03:56

u-blox AG: u-blox and Geespace partner to extend Geely Group's high precision positioning solutions in the USA and Europe

GNSS augmentation service to grow its coverage to serve Geely's automotive brands.

Meanwhile it will enable u-blox to expand the coverage of the PointPerfect service to offer their customers a comprehensive high precision solution for products sold in China, and benefit from simplified development and logistics efforts.

"We are proud to enter into this partnership with u-blox, a reliable and innovative provider with a long history in GNSS products and solutions. Through this partnership, we aim to provide a very competitive and comprehensive solution to support our automotive market in the USA and Europe, and to support the level of technological innovation our customers and car drivers expect from our products." says Ding Sheng, CTO at Geespace.

"This partnership with Geespace is a cornerstone to our plans of expanding our services and solutions in the APAC region. With this expansion u-blox will be able to offer PointPerfect and high precision solutions to all our American and European customers that have products ready for the Chinese market. At the same time, we will create an alliance with one of the most successful car makers in the automotive industry," says Franco de Lorenzo, Principal Product Owner, Product Center Services, at u-blox.

About ublox u-blox (SIX:UBXN) is a global technology leader in positioning and wireless communication in automotive, industrial, and consumer markets. Their smart and reliable solutions, services and products 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 secure data services and connectivity, u-blox is uniquely positioned to empower its customers to develop innovative and reliable 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.ublox.com) Find us on Facebook, LinkedIn, Twitter @ublox and YouTubeu?blox media contact: Natacha Seitz Senior Manager PR and Content Marketing Mobile +41 76 436 0788natacha.seitz@u-blox.com

About Geespace GEESPACE, an innovation enterprise under Geely Technology Group, is committed to becoming the world's leading provider of AICT (aerospace information and communications) infrastructure and solutions. Geespace has established a PPP-RTK reference station network in China to compose Geespace's comprehensive high precision positioning system. In January 2022, Geespace completed its first nationwide test drive across China for algorithm verification. Geespace's comprehensive and sophisticated high precision positioning system will be launched for mass-market applications in mid-2022.

Geespace media contact: Ruokun Wang Senior Manager of PR and Branding Mobile +86 18930513778Ruokun.Wang@geely.com

End of Media Release

Language: English Company: u-blox AG Z?rcherstrasse 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: 1337019 ? End of News EQS News Service

1337019??05.05.2022?

@ dgap.de