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Ventures • October 4, 2007

NovAtel Confirmed for Long-Term Galileo Contracft

Thales Alenia Space Italia (TAS-I) has awarded NovAtel Inc. a €440,000 milestone award for continued development of the Galileo ground reception Chain (GRC) reference receiver. Although the incremental size of the award is modest, the agreement provides for confirmed, longer-term funding of a two-year-old contract valued at €6.3M (US$8.6 million).

Ventures • September 14, 2007

ITT Snares FAA ADS-B Contract

The Federal Aviation Administration (FAA) has named ITT Corporation as the prime contractor for Automatic Dependent Surveillance-Broadcast (ADS-B), the keystone technology of the Next Generation Air Transportation System.

An initial three-year contract for White Plains, New York–based ITT is valued at $207 million for overall system integration and engineering. With options to operate and maintain the system after deployment through September 2025, the contract has a potential value of $1.86 billion.

Ventures • September 14, 2007

Overlook Systems Captures JNWC Contract

The United States Strategic Command (USSTRATCOM) has awarded Overlook Systems Technologies, Inc., a two-year GSA Order (base year plus option) for technical support to the Joint Navigation Warfare Center (JNWC) at Kirtland Air Force Base, New Mexico. If fully exercised, the contract has a $100 million value.

The award coincides with the transition of the JNWC from the Office of the Assistant Secretary of Defense for Networks and Information Integration to USSTRATCOM on 1 October 2007. Overlook selected Science Applications International Corporation (SAIC) as a teammate to provide support in response to USSTRATCOM’s June 2007 solicitation for the JNWC contract.

Ventures • September 14, 2007

Rakon Ltd. to Build Facility in China

Rakon Ltd., designer and producer of high-precision quartz crystals, oscillators, and frequency control products will build a manufacturing plan in southern China by the end of the year.

New Zealand–based Rakon will work with an unnamed Chinese partner that the company says is already part of its supply chain. In July, the company opened a new Shanghai office, which joined existing offices in Shenzhen, China, and Taipei, Taiwan.

New Builds • September 14, 2007

Symmetricom Launches New Timing Products

San Jose, California–based Symmetricom, Inc., has launched the SyncServer S300/S350, the latest in its line of network time servers using the latest Network Time Protocol (NTP) to synchronize time on servers, workstations, and a variety of network elements for expanding IT enterprises.

The company also announced that its XLi SAASM Time and Frequency Receiver with a new Ground-Based GPS Receiver Application Module (GB-GRAM) SAASM receiver has been granted security approval by the Global Positioning Systems Wing (GPSW). The GB-GRAM GPS Receiver is integrated into Symmetricom’s XLi SAASM (Selective Availability Anti-Spoofing Module).

People • September 14, 2007

Septentrio opens California office to manage North American operations

Septentrio, a European developer of GNSS receivers for industrial applications, has opened a business development office in southern California, and announced the appointment of J. Christopher Litton as business development Manager to start up and run the North-American operations for the company.

People • September 14, 2007

Trimble elects new leadership after death of chairman

Trimble’s board of directors has elected new leadership following the death of chairman Robert S. Cooper. Trimble’s new chairman, Ulf J. Johansson, has served as a director on Trimble’s board since 1999. Johansson was a founder and served as chairman of Europolitan Vodafone AB, a GSM mobile telephone operator in Sweden, from 1990 until March 2005.

Ventures • July 31, 2007

SiRF Buys Centrality Communications

San Jose, California–based SiRF Technology expects to close this fiscal quarter on its purchase of Centrality Communications, Inc., a provider of navigation processor solutions for mobile navigation devices.

In exchange for all of the outstanding capital stock of Centrality, including equity awards, SiRF has agreed to pay $283 million in a combination of cash and shares of SiRF common stock, with the exact amount to be determined at the time of closing. The boards of directors of both companies have approved the merger.

Ventures • July 31, 2007

Broadcom Wraps Up Global Locate Acquisition

Broadcom Corporation, an Irvine, California–based $3.67-billion fabless semiconductor company focusing on wired and wireless communications, has closed its $143 million cash deal for Global Locate, Inc.

Headquartered in San Jose, California, Global Locate is an eight-year-old, privately-held, fabless provider of GPS and assisted GPS (A-GPS) semiconductor products and software.

People • July 31, 2007

Fastrax, NavtechGPS, Surrey Satellite

Fastrax has appointed Taneli Tuurnala, M.Sc., as the Finnish GPS manufacturer’s president and CEO. Previously, Tuurnala, who succeeds Matti Räty in the post, previously served as vice-president of sales & marketing at Fastrax. Fredrik Borgström, M.Sc., has been appointed director, sales & marketing. He previously served as the company’s sales director for Europe, the Middle East, and Africa.

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