Swift Navigation

Swift Navigation

Provides precise GNSS positioning technology

About

Swift Navigation provides precise GNSS positioning technology that improves location accuracy from several meters to centimeter-level. Their main products include the Starling® positioning engine, which is a software solution for accurate positioning, and the Skylark™ service, which offers cloud-based GNSS corrections worldwide. They also offer hardware like the Piksi® Multi and Duro® RTK receivers, which deliver high accuracy at a low cost. Unlike competitors, Swift Navigation focuses on making high-accuracy positioning accessible for various industries, including automotive and robotics. The company's goal is to enhance safety and efficiency in transportation and automation through reliable positioning technology.

Company Stage

Series D

Employees

51-200

Industries

Data & Analytics, Robotics & Automation, Automotive & Transportation

Total Funding

$192.2M

Headquarters

San Francisco, California

Founded

2012


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Simplify's Take

What believers are saying

  • Growing demand for centimeter-level accuracy in autonomous vehicles boosts Swift's market potential.
  • AI integration with GNSS systems expands Swift's product capabilities and market reach.
  • Rising smart agriculture needs increase opportunities for Swift's GNSS technology.

What critics are saying

  • Increased competition from startups may erode Swift Navigation's market share.
  • Alternative technologies like LiDAR could reduce reliance on GNSS systems.
  • Carnegie Robotics' acquisition of Duro may strengthen competition in high-precision GNSS.

What makes Swift Navigation unique

  • Swift Navigation offers low-cost, high-accuracy RTK GNSS receivers since 2012.
  • Their Skylark service provides scalable, cloud-based GNSS corrections across continents.
  • Swift's partnerships enhance integration of precise positioning in various industries.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-14%

2 year growth

-2%

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