Latest news with #TrustPoint
Business Wire
9 hours ago
- Business
- Business Wire
TrustPoint Launches Third Satellite and Successfully Establishes First Contact
WASHINGTON--(BUSINESS WIRE)--TrustPoint, a pioneer in next-generation space-based positioning and navigation solutions, is proud to announce the successful launch and first contact of its third free-flying satellite, Time Flies, aboard the latest rideshare launch out of Vandenberg Space Force Base on Monday. This milestone strengthens TrustPoint's leadership in delivering innovative Positioning, Navigation, and Timing (PNT) services from Low Earth Orbit (LEO). "TrustPoint is uniquely positioned to unlock significant market potential. By addressing pressing customer needs from LEO, we're paving the way for substantial value creation for our commercial partners and investors." - Patrick Shannon CEO, Founder Share Time Flies, TrustPoint's third satellite launch in two years, integrates substantial technological advancements, including increased power and autonomy. These innovations enhance the company's compact C-band payload, supporting demonstrations and further advancing field testing of TrustPoint-enabled receivers currently in development by the company's growing portfolio of product partners. "With the successful launch and first contact of Time Flies, TrustPoint continues to prove that a commercial GPS alternative from LEO is not only possible, it's here," said Patrick Shannon, Founder and CEO of TrustPoint. "As global demand for alternative and complementary PNT systems accelerates, TrustPoint is uniquely positioned to unlock significant market potential. By addressing pressing customer needs from Low Earth Orbit, we're paving the way for substantial value creation for our commercial partners and investors." Building on the successes of earlier missions (It's About Time and Time We'll Tell), Time Flies underscores TrustPoint's focus on performance and autonomy to meet commercial and national security requirements. The mission is supported by an all-U.S. team, showcasing the collaboration and expertise driving TrustPoint's initiatives. "TrustPoint was founded to enable new applications and address new threats," said Chris DeMay, Founder and COO of TrustPoint. 'From program kickoff to first telemetry, the Time Flies mission has been executed flawlessly, validating our technical foundation and reinforcing our ability to respond to global needs for GPS resilience and national security.' About TrustPoint, Inc. TrustPoint is developing a revolutionary commercial GPS service, leveraging their C-band LEO satellite constellation. The TrustPoint system has been developed from the ground up to achieve the high performance, security, and availability required for autonomous navigation, critical infrastructure, and national security. Learn more at Twitter - @TrustPointGPS
Yahoo
23-04-2025
- Business
- Yahoo
TrustPoint and Hexagon Selected by NAVAIR for $1.2M SBIR Phase II Contract
TrustPoint to Partner with Hexagon | NovAtel and Hexagon US Federal to Deliver and Demonstrate First-of-its-Kind C-band GNSS Receivers for US Naval Air Systems Command DULLES, Va., April 23, 2025--(BUSINESS WIRE)--TrustPoint, a leader in advanced Positioning, Navigation, and Timing (PNT) technologies, has been awarded a $1.2 million Small Business Innovation Research (SBIR) Phase II contract from the United States Navy's Naval Air Systems Command (NAVAIR). This landmark contract will fund the first-ever delivery and initial demonstration of TrustPoint's C-band GNSS service-enabled receivers to the U.S. government, in partnership with Hexagon | NovAtel and Hexagon US Federal, both part of Hexagon, a global leader in GNSS technologies and services. TrustPoint joins forces with Hexagon US Federal and NovAtel to execute this groundbreaking project. Together, they bring decades of experience in military-grade GNSS equipment and services. The partnership merges TrustPoint's pioneering C-band services with NovAtel's cutting-edge GNSS receiver technology, marking a pivotal step forward in the development of resilient PNT solutions for military applications. "We are thrilled to collaborate with TrustPoint on this transformative project," stated Sandy Kennedy, vice president of innovation at Hexagon's Autonomy & Positioning division. "By integrating TrustPoint's C-band GNSS services into our advanced anti-jam receivers, we can deliver unprecedented PNT resilience." TrustPoint's leadership further emphasized the strategic importance of this milestone. "This Phase II award highlights the importance of frequency-diverse, resilient PNT solutions for today's military operations," said Chris DeMay, TrustPoint's Founder and COO. "Our C-band APNT service offers GPS-independent capabilities that ensure mission continuity in contested environments. We're honored to partner with the U.S. Navy to deliver innovative solutions that enhance the resiliency of DON platforms." The award underscores the growing importance of frequency and orbital diversity in the future of navigation and timing. With Hexagon as a key partner, TrustPoint is well-positioned to address the DoD's evolving challenges, ensuring PNT reliability under increasingly complex operational conditions. About TrustPoint TrustPoint is developing a revolutionary commercial GPS service, leveraging their next-gen C-band LEO satellite constellation. The TrustPoint system has been developed from the ground up to achieve the high performance, security, and availability required for autonomous navigation, critical infrastructure, and national security. Learn more at About Hexagon Hexagon is the global leader in precision technologies at any scale. Our digital twins, robotics and AI solutions are transforming the industries that shape our reality. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at and follow us @HexagonAB. NovAtel, part of Hexagon, is a global technology leader, pioneering end-to-end solutions for assured positioning for land, sea, and air. NovAtel designs, manufactures and sells high-precision positioning technology developed for efficient and rapid integration. Its solutions are empowering intelligent positioning ecosystems in vital industries that depend on the ability to tackle the most complex challenges in the most demanding environments. Learn more at Hexagon US Federal is a FOCI-mitigated and security cleared, independent subsidiary of Hexagon exclusively focused on bringing the broad range of Hexagon technologies to the US Federal government. With a diverse portfolio of personnel, facilities, and laboratories, Hexagon US Federal develops mission-specific solutions to our Nation's most critical missions. Learn more at About NAVAIR NAVAIR provides full life-cycle support for naval aviation aircraft, weapons, and systems operated by sailors and marines. This support includes research, design, development, and systems engineering, as well as acquisition, testing, and evaluation of military aircraft and airborne weapon systems. View source version on Contacts For more information, please contact: Burcu Erkmenmedia@ Sign in to access your portfolio
Business Wire
23-04-2025
- Business
- Business Wire
TrustPoint and Hexagon Selected by NAVAIR for $1.2M SBIR Phase II Contract
DULLES, Va.--(BUSINESS WIRE)--TrustPoint, a leader in advanced Positioning, Navigation, and Timing (PNT) technologies, has been awarded a $1.2 million Small Business Innovation Research (SBIR) Phase II contract from the United States Navy's Naval Air Systems Command (NAVAIR). This landmark contract will fund the first-ever delivery and initial demonstration of TrustPoint's C-band GNSS service-enabled receivers to the U.S. government, in partnership with Hexagon | NovAtel and Hexagon US Federal, both part of Hexagon, a global leader in GNSS technologies and services. 'By integrating TrustPoint's C-band GNSS services into our advanced anti-jam receivers, we can deliver unprecedented PNT resilience.' - Sandy Kennedy, vice president of innovation at Hexagon's Autonomy & Positioning division Share TrustPoint joins forces with Hexagon US Federal and NovAtel to execute this groundbreaking project. Together, they bring decades of experience in military-grade GNSS equipment and services. The partnership merges TrustPoint's pioneering C-band services with NovAtel's cutting-edge GNSS receiver technology, marking a pivotal step forward in the development of resilient PNT solutions for military applications. 'We are thrilled to collaborate with TrustPoint on this transformative project,' stated Sandy Kennedy, vice president of innovation at Hexagon's Autonomy & Positioning division. 'By integrating TrustPoint's C-band GNSS services into our advanced anti-jam receivers, we can deliver unprecedented PNT resilience.' TrustPoint's leadership further emphasized the strategic importance of this milestone. "This Phase II award highlights the importance of frequency-diverse, resilient PNT solutions for today's military operations," said Chris DeMay, TrustPoint's Founder and COO. "Our C-band APNT service offers GPS-independent capabilities that ensure mission continuity in contested environments. We're honored to partner with the U.S. Navy to deliver innovative solutions that enhance the resiliency of DON platforms." The award underscores the growing importance of frequency and orbital diversity in the future of navigation and timing. With Hexagon as a key partner, TrustPoint is well-positioned to address the DoD's evolving challenges, ensuring PNT reliability under increasingly complex operational conditions. About TrustPoint TrustPoint is developing a revolutionary commercial GPS service, leveraging their next-gen C-band LEO satellite constellation. The TrustPoint system has been developed from the ground up to achieve the high performance, security, and availability required for autonomous navigation, critical infrastructure, and national security. Learn more at About Hexagon Hexagon is the global leader in precision technologies at any scale. Our digital twins, robotics and AI solutions are transforming the industries that shape our reality. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at and follow us @HexagonAB. NovAtel, part of Hexagon, is a global technology leader, pioneering end-to-end solutions for assured positioning for land, sea, and air. NovAtel designs, manufactures and sells high-precision positioning technology developed for efficient and rapid integration. Its solutions are empowering intelligent positioning ecosystems in vital industries that depend on the ability to tackle the most complex challenges in the most demanding environments. Learn more at Hexagon US Federal is a FOCI-mitigated and security cleared, independent subsidiary of Hexagon exclusively focused on bringing the broad range of Hexagon technologies to the US Federal government. With a diverse portfolio of personnel, facilities, and laboratories, Hexagon US Federal develops mission-specific solutions to our Nation's most critical missions. Learn more at About NAVAIR NAVAIR provides full life-cycle support for naval aviation aircraft, weapons, and systems operated by sailors and marines. This support includes research, design, development, and systems engineering, as well as acquisition, testing, and evaluation of military aircraft and airborne weapon systems.
