Appe buys GPS company

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Appe buys GPS company

posted on May 18, 2015 06:29AM

Coherent Navigation is developing a commercial high-precision navigation service that leverages the Iridium satellite network. Commercial high-precision navigation is a multi-billion dollar market. Current applications include agriculture, surveying, construction, mining, and oil and gas exploration. Coherent also does both classified and unclassified work for the U.S. government.

http://www.cnbc.com/id/102686148

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