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Swift Navigation, SK Telecom Partner To Expand AI-Powered Location-Based Products In Korea

Author: Benzinga Newsdesk | May 15, 2024 11:04am

Swift Navigation ("Swift"), a market leader in precise positioning technologies for automotive, IoT, and mobile applications today announced its partnership with SK Telecom (NYSE:SKM, "SKT"))))) to accelerate the deployment of AI-powered, location-based products in Korea.

 

Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift's Skylark® Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x – from several meters down to just a few centimeters. It's a critical component in more than 8 million connected and autonomous vehicles and devices, including ADAS-enabled and autonomous cars, unmanned aerial aircraft, vehicle tracking solutions, and robotic equipment.

Posted In: SKM

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