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u-blox Holding AG ( (CH:UBXN) ) has shared an announcement.
u-blox has expanded its PointPerfect Flex positioning service to Argentina and Paraguay, building on its existing coverage in Brazil. This expansion, in partnership with Nordian, aims to meet the growing demand for precise positioning in South America’s agriculture sector and other industries, offering centimeter-level accuracy without the need for local base station infrastructure. The service supports both SPARTN and RTCM data formats, ensuring broad compatibility, and is designed for scalability with features like Zero Touch Provisioning and usage-based pricing models. This strategic move positions u-blox as a leader in the precision agriculture market in South America, enabling efficient deployment of automated solutions in remote areas.
The most recent analyst rating on (CH:UBXN) stock is a Hold with a CHF149.00 price target. To see the full list of analyst forecasts on u-blox Holding AG stock, see the CH:UBXN Stock Forecast page.
More about u-blox Holding AG
u-blox is a global leader in the automotive, industrial, and consumer markets, specializing in positioning and short-range communication technologies. The company is headquartered in Thalwil, Switzerland, and has a global presence with offices across Europe, Asia, and the USA. u-blox provides innovative solutions that enable precise positioning and wireless communication for people, vehicles, and machines.
Average Trading Volume: 44,531
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.01B
Learn more about UBXN stock on TipRanks’ Stock Analysis page.