POINT ROBERTS, WA–(Marketwired – October 24, 2016) – Investorideas.com, a global news source and investor resource issues a sector news snapshot for the GPS tech sector.
According to a recent report released from Research and Markets , the “Global GPS Market, company profiles, share, trends, analysis, opportunities, segmentation and forecast 2016 – 2022,” “The global GPS market is anticipated to grow at a CAGR of 23.7% during 2016 to 2022.”
It also says, “The market has generated the revenue $26.36 Billion in 2016 and is anticipated to reach up to $94.44 Billion by 2022. Increasing demand for GPS IC tablets, cameras & fitness market, increasing demand for multifunctional mobile devices and government support help to drive the market of GPS, globally.”
In late September the U.S. Air Force awarded Lockheed Martin $395 million in contract options for the production of the ninth and tenth Global Positioning System III (GPS III) satellite.
GPS III satellites will deliver three times better accuracy, provide up to eight times improved anti-jamming capabilities and extend spacecraft life to 15 years, 25 percent longer than any GPS satellites on orbit today. GPS III’s new L1C civil signal also will make it the first GPS satellite to be interoperable with other international global navigation satellite systems.
Gopher Protocol (OTCQB: GOPH) recently announced they had started building its initial 50 Guardian Sphere Devices , designed for tracking pets as well as other applications. The Sphere is an innovative tracking device that can easily be attached to a pet’s collar and then transmit real-time location information to the smartphone(s) or website account of the registered owner of the device. The Sphere has a replaceable battery and operates on the exclusive Guardian private network, which provides owners with the unique ability to obtain real-time tracking information without the need for GPS, Wi-Fi or cellular service. The Sphere includes state of the art radio technology, a GPS system and micro controller systems, with a potential “back-up” Bluetooth unit. The Sphere sends signals in specific intervals to report on its location. The Sphere’s system analyzes the information using its proprietary, advanced mathematical modeling software that precisely calculates the Sphere’s location. The Sphere’s mobile application then presents the exact location of the Sphere on the map. An additional unique system feature is the Sphere’s Emergency Alert system. Users of the Sphere have the ability to transmit emergency alerts directly from their mobile apps, which transmit their Sphere locations. All registered users located in such a Sphere’s proximity will be notified about the Emergency and may notify the user about the Sphere’s recovery (which we fondly refer to as a “private emergency alert”).
Full news: http://www.investorideas.com/CO/GOPH/news/2016/10191GuardianSphereDevices.asp
Trimble announced this month that is has formally changed its company name from Trimble Navigation Limited to Trimble Inc. In addition, the company has completed its reincorporation from the State of California to the State of Delaware.
“Trimble’s name change reflects the evolution from our origins as a GPS products company to a leading provider of integrated information technology solutions,” said Steven W. Berglund, president and CEO of Trimble. “Our new name better represents the diversity of both our technologies and markets.”
Featured GPS Stock
Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher” and the “Company”) (http://gopherprotocol.com) is a development-stage company developing a real-time, heuristic-based mobile technology. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that will run on a server. The system contemplates the creation of a global network. Gopher believes this will be among the first system that is developed using a human, heuristic-based analysis engine. Since the core of the system will be its advanced microchip technology that will be capable of being installed in any mobile device worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the microchip by providing mobile technology for computing power enhancement, advanced mobile database management/sharing and other additional mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit: http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com
Consumer and product website for PuzPix: http://www.puzpix.com/
Full Directory of GPS Stocks http://www.investorideas.com/TSS/stock_list.asp#gps
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