U-BLOX HLDG AG NAMEN AKT - UBLXF STOCK NEWS

u-blox (SIX:UBXN, OTC:UBLXF) has launched the ANT-B10 antenna board for Bluetooth direction finding and indoor positioning applications, designed for quick integration into commercial products. The board enhances low power, high precision indoor positioning with sub-meter accuracy using an antenna array and a Bluetooth 5.1 module. The accompanying XPLR-AOA-3 explorer kit facilitates evaluation and testing. This innovative solution positions u-blox as a leader in indoor positioning technology, meeting growing demand across various sectors. Sampling of ANT-B10 has already begun.

u-blox has reported a robust financial performance for FY 2021, with a 24% increase in revenue to CHF 414.1 million and a remarkable 71% rise in adjusted EBITDA. The company generated strong cash flow from operations of CHF 97.7 million. For FY 2022, u-blox anticipates revenue growth between 21% and 32% and an adjusted EBITDA margin of 16% to 18%. Additionally, a dividend of CHF 1.30 per share is proposed, pending shareholder approval.

u-blox (SIX:UBXN, OTC PINK:UBLXF) has partnered with Fitogether, a developer of the OHCOACH sports tracking solution, enhancing data accuracy for sports performance analytics. Used by over 350 football clubs across 44 countries, OHCOACH utilizes u-blox GNSS technology for precise athlete tracking. This collaboration aims to optimize training and improve live match insights for fans. The partnership showcases u-blox's strength in positioning and communication technologies, crucial for the growing market of real-time athletic monitoring.

u-blox (SIX:UBXN, OTC PINK:UBLXF) and Exsurgo have announced a clinical trial for the Axon headset, focused on treating chronic pain through neurofeedback. The trial, involving 116 participants, aims to validate safety and efficacy ahead of mass production slated for late 2022. The Axon headset employs EEG technology to provide real-time brain activity feedback, helping users manage pain perception. This innovative approach could significantly impact the quality of life for many suffering from chronic pain globally.

U-blox has launched the IoT certificate manager, a new automated service designed to renew device credentials for IoT applications, ensuring compliance with industry security standards. This service complements its existing zero touch provisioning, allowing seamless onboarding to major IoT cloud platforms while managing X.509 certificates efficiently. By mitigating the manual management burden, it helps organizations scale their IoT deployments securely and reduces time to market. This integrated solution enhances security throughout the device lifecycle, promising to safeguard against potential cyber threats.

u-blox has partnered with Douglas Lighting to develop a new Bluetooth Mesh platform utilizing the NINA-B406 Bluetooth low energy module. This platform targets building automation applications, including smart lighting and energy management. The smart lighting market is projected to grow from $4.4 billion in 2020 to over $19 billion by 2029, highlighting the significance of this collaboration. The platform aims for interoperability with third-party devices, enhancing the capability and efficiency of future smart lighting solutions.

u-blox has launched two new modules, the NORA-W2 Wi-Fi and SARA-R5 cellular AWS IoT ExpressLink modules, to streamline device connectivity to Amazon Web Services (AWS). These modules simplify the process of connecting devices to the cloud, allowing quicker product development without complex software. The NORA-W2 offers Wi-Fi 4 and Bluetooth connectivity, while the SARA-R5 is optimized for low-power applications. Both modules are vital for businesses entering the IoT space, addressing challenges in cloud connectivity. Samples will be available by Q1 2022.

u-blox has launched new GNSS correction service receivers and upgraded its ZED-F9P receiver, facilitating reliable centimeter-level positioning for industrial navigation and robotics. The NEO-D9S and NEO-D9C receivers provide broad coverage across Europe, the US, and Japan, enhancing operational efficiency. The ZED-F9P-04B now supports secure SPARTN data format and features a protection level output for better positioning accuracy in autonomous applications. The products are aimed at making high precision positioning accessible for mass markets.