3 years ago
FocalPoint Secures £15 Million to Enhance GPS Technology
FocalPoint, a Cambridge-based deep tech firm, has raised £15 million in Series C funding to develop its GPS and navigational technology
The company aims to improve accuracy and security in global positioning systems
The funding will support scaling its technology, growing R&D teams, and pursuing opportunities in 5G and Wifi.
ProblemTechnology
"Current GPS technology is inaccurate and vulnerable to fake signals used by criminals."
Solution
"FocalPoint is developing more accurate and secure GPS technology using satellite positioning and detecting fake signals."