GEODNET raises $3.5 million to expand its real-time kinematics network

Feb 28, 2024 · Funding · GEODNET · Localization

GEODNET company media
Company media · GEODNET
  • GEODNET announced a $3.5 million financing round to build out its RTK network
  • The raise supported expansion of the company's precision-location infrastructure footprint
  • The financing marked a larger-scale growth phase for GEODNET's global correction network

Singapore-based localization infrastructure network providing real-time kinematic (RTK) GNSS correction data for robots, drones, autonomous systems, agriculture, and other precision-positioning use cases. The network combines a global distributed reference-station base with NTRIP/RTCM delivery and a token-incentivized expansion model.