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Jun 14, 2017 19:22 JST

Source: Denso

Global Positioning Augmentation Service Corporation (GPAS) Newly Established for Commercialization of Centimetre-level High-precision Satellite Positioning Service

TOKYO, Jun 14, 2017 - (JCN Newswire) - Hitachi Zosen Corporation, Development Bank of Japan, DENSO Corporation, Japan Radio Co., Ltd., and Hitachi Automotive Systems, Ltd. today announced that they established a new company named Global Positioning Augmentation Service Corporation (GPAS) on June 15 in the form of a joint investment.

 


Recently, high-precision positioning information is increasingly used in fields such as agriculture, construction, and disaster prevention. Demand for such information is expanding worldwide for both land-based and maritime applications. In Japan, Michibiki No.2 (Quasi-Zenith Satellite) was successfully launched on June 1, and is expected to generate diverse services using high-precision positioning information.

Within a few years, GPAS aims to commercialize a service for centimetre-level precision global satellite positioning through verification testing utilizing a high-precision orbit and clock analysis tool. Seeking the cooperation of relevant authorities and businesses, the five companies will work to establish a fundamental technology that supports the global deployment of autonomous vehicles and agricultural/construction machinery, in addition to maritime and meteorological observation applications.

As the nature of this project contributes to strengthening corporate competitiveness through cross-industry collaboration, Development Bank of Japan is investing in GPAS under a special financing program for supporting the competitiveness of growing companies and industries.

Overview of GPAS
http://www.acnnewswire.com/topimg/Low_OverviewGPAS.jpg

Contact:
Sadayoshi Yokoyama, Toshiko Watanabe 
DENSO CORPORATION 
Phone: 81-566-25-5594 
Fax: 81-566-25-4509 
sadayoshi_yokoyama@denso.co.jp 
toshiko_watanabe@denso.co.jp
Source: Denso
Sectors: Automotive

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

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