Tuesday, May 6th, 2014
Russian Navigation Technologies, the largest developer and manufacturer of the GLONASS/GPS-enabled vehicle tracking and control systems in Russia, has filed for bankruptcy, RAPSI learned in court on Monday. Russian Navigation Technologies’ products are marketed under the AutoTracker...
Wednesday, May 16th, 2012
LightSquared, the startup that planned a nationwide wholesale mobile network only to be shot down by regulators because of GPS interference concerns, is declaring bankruptcy. The move came after lengthy negotiations with lenders and does not shut...
Friday, April 20th, 2012
The U.S. State Department recently blocked an attempt by China to buy a fully functional European satellite imaging constellation because the spacecraft contained U.S. technology, according to a newly released government report. The report, prepared by the...
