NovAtel Inc. Demonstrates First North American Dual Mode GPS & Galileo Receiver to CSA
NovAtel Inc. (NASDAQ: NGPS), a precise positioning technology company, announced today that it has successfully demonstrated the performance of a dual mode GPS and Galileo L1/E5A dual frequency prototype receiver to the Canadian Space Agency (CSA), developed under a contract awarded in September 2004.
Calgary, Alberta (PRWEB) May 31, 2005 -- NovAtel Inc. (NASDAQ: NGPS), a
precise positioning technology company, announced today that it has successfully
demonstrated the performance of a dual mode GPS and Galileo L1/E5A dual
frequency prototype receiver to the Canadian Space Agency (CSA), developed under
a contract awarded in September 2004. These receivers will be ready to accept
signals from the first Galileo satellites scheduled to launch later this year or
in early 2006. Galileo is Europe’s state-of-the-art satellite navigation system,
which is expected to be operational by 2010/12 with up to 30 satellites orbiting
the earth.
NovAtel is developing two sets of L1/E5A engineering receivers
and L1/E5A transmitters for the CSA for use with Galileo satellites. The
receiver is being integrated into a modified version of NovAtel’s WAAS-GII
system, which also includes the Euro-3M L1/L2 dual frequency GPS receiver. The
signal generator is based on a previous design built for the new U.S. Wide Area
Augmentation System (WAAS) uplink system.
“This is the first operational,
near-production standard, dual mode GPS and Galileo dual frequency receiver in
North America,” said Tony Murfin, VP Business Development at NovAtel. “We are
particularly pleased to have the receiver working this early in the CSA program.
We believe the technology we are creating here is unique, and will enable
NovAtel to provide GPS/Galileo receiver solutions worldwide and, hopefully, in
the ground infrastructure of the Galileo system itself.”
Currently,
NovAtel supplies GPS navigational receivers to a number of national
satellite-based augmentation systems (SBAS) around the world, including the U.S.
WAAS, European EGNOS, Japanese MSAS, Chinese SNAS, and, more recently, the Gagan
system in India. These complex receivers incorporate NovAtel’s Narrow
Correlator® tracking technology, MEDLL multipath reduction technology and Signal
Quality Monitoring, and receive and process both WAAS L1/L5 GEO and GPS L1/L2/L5
signals.
About NovAtel Inc.
NovAtel designs, markets and sells
high-precision GPS and other positioning components and sub-systems used in a
wide variety of commercial applications principally in the aviation, geomatics
(surveying and mapping), mining, precision agriculture, marine and defence
industries. NovAtel’s solutions combine hardware, such as receivers and
antennas, with software to enable its customers to fully integrate the Company’s
high-precision GPS technology into their respective products and systems. The
Company is focused on supplying core high precision positioning technology to
original equipment manufacturers (OEMs) and system integrators who build systems
for various end market applications. For more information, visit www.novatel.com.
Certain
statements in this news release, including those about the Company’s expected
shipments to the CSA and into the Galileo system, are forward-looking
statements. These forward-looking statements are not based on historical facts
but rather on management’s current expectations regarding NovAtel’s future
business prospects and opportunities. Wherever possible, words such as
‘‘anticipate’’, ‘‘believe’’, ‘‘expect’’, ‘‘may’’, ‘‘could’’, ‘‘will’’,
‘‘potential’’, ‘‘intend’’, ‘‘estimate’’, ‘‘should’’, ‘‘plan’’, ‘‘predict’’ or
the negative or other variations of these words, or similar words or phrases,
have been used to identify these forward-looking statements. Forward-looking
statements involve significant known and unknown risks, uncertainties and
assumptions. Many factors could cause actual results, performance or
achievements to differ materially from the results discussed or implied in the
forward-looking statements, including certification and market acceptance of
NovAtel’s new products, impact and timing of large orders, pricing pressures in
the market and other competitive factors, maintaining technological leadership,
and other factors described in our Form 20-F and other SEC filings, many of
which are beyond the control of NovAtel. These factors should be considered
carefully and undue reliance should not be placed on the forward-looking
statements. These forward-looking statements are made as of the date of this
news release, and NovAtel assumes no obligation to update or revise them to
reflect new events or circumstances.
Contact: Tony Murfin (403)
295-4512
Investor Contact: Sonia Ross (403) 295-4532
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Source : http://www.prweb.com/releases/2005/5/prweb246159.htm