OriginGPS, an Airport City, Israel-based manufacturer of miniature Global Navigation Satellite Systems (GNSS) solutions, closed $1.75m of funding.
Backers included from existing shareholders and the technology accelerator, Lab IX, which is a part of Flex, a solutions company that designs and builds intelligent products for a connected world.
The company is using the funds to accelerate its solutions.
Led by Gal Jacobi, CEO, OriginGPS is a designer, manufacturer and supplier of miniaturized GNSS modules, antenna modules and antenna solutions to address the sector of wearables. The company incorporates proprietary Noise Free Zone technology, which allows for faster position fix and navigation stability under challenging satellite signal conditions.
FinSMEs
17/09/2015