Segway-Ninebot, a global company specializing in intelligent short-distance transportation devices and service robots, has invested in Fixposition AG, the Swiss startup offering high-precision global positioning products. The company will also join Fixposition’s customer base.
Fixposition is developing high-precision global positioning products, combining computer vision techniques and satellite navigation to deliver accuracy in open fields and GNSS-challenging environments. Its product Visoin-RTK2, launched in March this year, has significantly improved product performance and has a richer interface to meet customers’ needs. The core value of Vision-RTK2 is to expand GNSS-based global positioning to more scenarios to help customers optimize their autonomous driving solutions more cost-effectively.
In addition to vision and satellite navigation technology, Vision-RTK2 also incorporates inertial sensors, wheeled odometers, and machine learning algorithms. The disruptive innovation solves the problem of blocking and reflecting GNSS signals and avoids the interference of pure visual odometer positioning with harsh light changes.
During the past five years, Fixposition continuously improved the Vision, IMU and GNSS deep-fusion technology to provide a robust solution to its industrial customers and commercial customers. More than ten companies worldwide, including the US, China and beyond, already use the technology in different applications.
The investment from Segway-Ninebot and other investors will support the startup’s next steps and advancements. Segway-Ninebot is a global enterprise in intelligent short-distance transportation and service robots. The company operates internationally, selling products in over 100 countries and regions.
“We are proud to have Segway-Ninebot put their trust in us with their investment and the opportunity to integrate Fixposition technology into their end products. This is a big recognition of Fixposition as a leader in providing Precise Global Positioning Everywhere ™. We are very excited to welcome more customers like Segway-Ninebot to work with Fixpositon to better the world with more precision and autonomy”, said Zhenzhong Su, CEO and co-Founder of Fix position.
“We strongly believe this is the way forward to enable autonomous vehicles to operate with precise positioning in all environments. We witnessed the market growth for this technology accelerating and are excited to be part of it,” said Adam (Zongyi) Yin, VP of Investment at Segway-Ninebot.
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