u-blox: record automotive project wins in 2023
u-blox, a global provider of positioning and wireless communication technologies and services, announces recent new project wins with major automotive customers in the Asia-Pacific region enabling more than $100 million expected revenue over time from 2026.
The selection of u-blox as a partner underscores its technology leadership in positioning solutions for automated driving.
The forthcoming vehicle models produced by different car makers will incorporate u-blox's high-precision Global Navigation Satellite System (GNSS) F9 platform. The platform includes key features vital in autonomous driving applications such as positioning with decimetre-level accuracy, which enables reliable lane identification and lane-level guidance required for automated driving.
The use of dedicated GNSS positioning solutions for advanced driving assistance will reach an attach rate of more than 32% in 2030*, an increase from 10% in 2023. GNSS-based positioning complements other sensors’ perception capability to enable hands-free driving in a growing number of scenarios.
Stephan Zizala, CEO at u-blox, said: “Leading car makers trust u-blox’s positioning technology and expertise for their most advanced automated driving projects. We are proud and encouraged by the value we create with our innovations."
*Based on ABI, TSR, u-blox market research