STOCK TITAN

Trimble and Kyivstar Partner to Provide GNSS Correction Services for Agriculture, Construction and Geospatial Applications in Ukraine

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary
Trimble (NASDAQ: TRMB) partners with Kyivstar to install a new CORS network in Ukraine, using Trimble's hardware and software positioning technology to provide high-accuracy real-time or post-processed GNSS corrections data for various industries. The network will be installed on Kyivstar's communication towers, with the first phase of installation to be completed by the end of 2023 and the second phase by 2024.
Positive
  • Partnership with Kyivstar opens up new revenue-sharing model for Trimble
  • Trimble's hardware and software technology to provide reliable high-accuracy GNSS corrections data for various industries in Ukraine
  • First phase of installation to be completed by end of 2023, with 41 communication towers
  • Second phase to consist of 150 additional towers and expected to be completed in 2024
Negative
  • None.

Trimble Hardware and Software Selected for New GNSS Network 

WESTMINSTER, Colo., Sept. 26, 2023 /PRNewswire/ -- Trimble (NASDAQ: TRMB) and Kyivstar, Ukraine's largest telecommunications company, are partnering to install a new Continuously Operating Reference Station (CORS) network to provide Global Navigation Satellite System (GNSS) correction services across the country. Available to users as an annual subscription service, the new network will be built using Trimble's hardware and software positioning technology, which provides customers with easy and reliable high-accuracy real time or post-processed GNSS corrections data for agriculture, construction, geospatial, Internet of Things (IoT) and other commercial operations.

"We understand how important it is to invest in Ukraine's economy right now, which is why we continue to launch technological solutions that will help businesses work even more efficiently," says Illya Polshakov, new business development director of Kyivstar. "I am sure that the RTK correction signal service will facilitate the work of our customers from various industries."

As part of a revenue-sharing model with Kyivstar, the network will be installed on Kyivstar's communication towers and will use Trimble Alloy™ reference receivers and Trimble Zephyr™ model 3 antennas. Trimble Alloy delivers current and near-future constellation GNSS tracking, absolute positioning capabilities and user-friendly design. The Zephyr 3 antenna's capabilities provide optimal functionality in permanent installations. The network will also leverage the Trimble Pivot® Platform software, a solution that manages CORS stations and generates highly-accurate GNSS corrections to provide the network operator and end users with a reliable, seamless and efficient workflow. 

"For agriculture, construction, geospatial and IoT professionals who rely on centimeter-level accuracy, the Kyivstar network will provide a robust and reliable positioning solution," said Oliver Casabianca, vice president, Trimble Positioning Services. "This will help their customers optimize workflows, improve productivity and deliver operational efficiency."

The first phase of the installation will include 41 communication towers and is expected to be completed by the end of this year. The second phase will consist of 150 additional towers and is expected to be completed in 2024. Subscriptions to the service will be available through Kyivstar. Trimble's local geospatial distributor KMC Ltd. will provide maintenance and support to Kyivstar.

About Trimble Real-Time Networks and Services 

Trimble Real-Time Network (RTN) solutions are one of the most widely used GNSS infrastructure solutions available today. Spanning a variety of applications and industries worldwide, Trimble's proven hardware is specifically developed with the needs of RTN real world environments while the software integrates seamlessly into the RTN solution for exceptional real-time performance. The flexibility of Trimble's solution enables users to collect, manage and analyze complex information faster and easier, improving productivity and efficiency. For more information, visit: realtimenetworks.trimble.com/.

About Trimble

Dedicated to the world's tomorrow, Trimble is a technology company delivering solutions that enable our customers to work in new ways to measure, build, grow and move goods for a better quality of life. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products and enterprise lifecycle solutions to industry cloud services, Trimble is transforming critical industries such as construction, geospatial, agriculture and transportation to power an interconnected world of work. For more information about Trimble (NASDAQ: TRMB), visit: www.trimble.com

GTRMB

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/trimble-and-kyivstar-partner-to-provide-gnss-correction-services-for-agriculture-construction-and-geospatial-applications-in-ukraine-301938236.html

SOURCE Trimble

FAQ

What is the partnership between Trimble and Kyivstar about?

Trimble and Kyivstar are partnering to install a new Continuously Operating Reference Station (CORS) network in Ukraine to provide GNSS correction services.

What technology will be used for the new network?

Trimble's hardware and software positioning technology will be used to provide high-accuracy real-time or post-processed GNSS corrections data for agriculture, construction, geospatial, IoT, and other commercial operations.

How many communication towers will be part of the first phase of installation?

The first phase will include 41 communication towers and is expected to be completed by the end of this year.

Who will provide maintenance and support to Kyivstar?

Trimble's local geospatial distributor KMC Ltd. will provide maintenance and support to Kyivstar.

Trimble Inc.

NASDAQ:TRMB

TRMB Rankings

TRMB Latest News

TRMB Stock Data

17.52B
243.31M
0.34%
96.84%
1.28%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
Link
United States of America
WESTMINSTER