Swift Navigation

Swift Navigation

Provides precise GNSS positioning technology

About Swift Navigation

Simplify's Rating
Why Swift Navigation is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Robotics & Automation

Automotive & Transportation

Company Size

51-200

Company Stage

Series D

Total Funding

$192.2M

Headquarters

San Francisco, California

Founded

2012

Overview

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 that 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 their technology accessible and affordable for various industries, including automotive and robotics. The company's goal is to enhance safety and efficiency in transportation and automation through reliable positioning solutions.

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Simplify's Take

What believers are saying

  • Partnership with SK Telecom accelerates AI-powered location-based product deployment in Korea.
  • Collaboration with Calian simplifies integration of precise positioning into location-based products.
  • Launch of Partner Program aims to accelerate mass market deployment of GNSS technologies.

What critics are saying

  • Increased competition from startups may erode Swift Navigation's market share.
  • Alternative technologies like LiDAR may reduce demand for traditional GNSS solutions.
  • Carnegie Robotics' acquisition of Duro line could strengthen competition in high-precision GNSS.

What makes Swift Navigation unique

  • Swift Navigation offers low-cost, high-accuracy RTK GNSS receivers, a market first.
  • Their products deliver 100 times better accuracy than standard cell phone GPS.
  • Swift Navigation provides an end-to-end GNSS solution, including hardware, software, and cloud services.

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Funding

Total Funding

$192.2M

Meets

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$100M
Swift Navigation

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

2%
Sensors & Systems
Dec 6th, 2024
Swift Navigation and CHC Navigation Join Forces to Deliver Fully Integrated Precise Positioning Solutions | Sensors and Systems

SAN FRANCISCO - Swift Navigation, a leader in precise positioning technologies, today announced its collaboration with CHC Navigation [Huace:300627.

The Robot Report
Aug 21st, 2024
Carnegie Robotics Acquires Duro Positioning Product Line From Swift Navigation

Listen to this articleCarnegie Robotics plans the same level of support the Duro GNSS ruggedized receiver as Swift Navigation gave. Source: Carnegie Robotics. Carnegie Robotics, which focuses on engineering and commercializing autonomous applications, today announced that it has acquired the Duro product line from Swift Navigation Inc. Initially launched in 2017 as a collaboration between Swift and Carnegie Robotics, the Duro line includes high-precision GNSS receivers and software for accurate positioning in challenging environments. “We are excited to fully integrate the Duro product line into our product portfolio,” stated Mike Embrescia, chief development officer of Carnegie Robotics. “We look forward to further enhancing the product to deliver even greater value, and to continue supporting our key markets in marine, construction, mining, agriculture, rail, and military.”

Yahoo Finance
Jun 26th, 2024
Swift Navigation and Calian Partner to Simplify Integration of Precise Positioning into Location-Based Products

"Calian is excited to collaborate with Swift Navigation to provide an integrated GNSS solution that delivers exceptional accuracy and ease of use," said Christopher Russell, VP of Sales for Calian GNSS.

Inside GNSS
May 17th, 2024
Swift Navigation and SK Telecom Partner to Deploy AI-Powered Location-Based Products in Korea

Swift Navigation has announced a partnership with SK Telecom to accelerate the deployment of AI-powered, location-based products in Korea.

GlobeNewswire
May 15th, 2024
Swift Navigation and SK Telecom Partner to Accelerate the Deployment of AI-Powered Location-Based Products in Korea

SAN FRANCISCO, May 15, 2024 (GLOBE NEWSWIRE) - 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.

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