Recently, Advanced Navigation announced a round of financing of $13 million, which will support its business.
The company was founded in 2012 by two engineers, Xavier Orr and Chris Shaw, who commercialized their research on inertial navigation papers based on neural networks. The company's first generation products have achieved great success when they entered the market. At the same time, its expansion speed is very fast, and a series of AI navigation products have been launched.
Now the company is moving into a range of deep technologies, including underwater acoustics, GPS, RF systems, sensors and robots. Advanced navigation is headquartered in Sydney, Australia, with offices in Perth. The company said it still kept zero carbon emissions as it expanded globally.
Four of the world's top five automakers are customers of advanced navigation, nine of the top ten defense companies are customers, and other multinational customers include Airbus, apple, Boeing, Google, NASA and Tesla.
The company claims that its system has adopted
The collar of this round of financing is the CSIRO Innovation Fund under Main Sequence Ventures, which includes the U.S. Wind Investment Company, Brick.