M2M modules and value-added services provider, Telit Wireless Solutions has announced that it has been selected as key representatives in the global rollout of Europe’s Galileo ultra-accurate satellite positioning system as among various applicant members of the Italian Technology Industry. This selection of Telit will help the company to accelerate global adoption of the Galileo technology as well as boost its technology adoption and achieve leadership in product performance with new services.
Furthermore, Telit also received a grant to execute its proposed strategic plan. The grant offers Telit the opportunity to accelerate its activities in the development of projects for the Positioning technology market.
Dominikus Hierl, CMO, Telit Wireless Solutions, said, Achievement of a leading position in now in Galileo technology not only boosts Telit’s global stance and strength, and consequently that of the Italian technology industry but also extends the reach of our leadership in positioning which already includes two decades of pioneering work in GPS in the United States. The planned work-force expansions in support of this new effort will create extraordinary value-add, not only in terms of project acceleration but also in innovation, vision and new relationships for Telit.
This achievement is likely not only to enhance the company’s competitiveness but is also providing measurable boost for the Italian economy, concretely contributing tangible progress in the strategic and very high growth segment of machine-to-machine (M2M).
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