SAN FRANCISCO, May 15, 2024 (GLOBE NEWSWIRE) -- Swift Navigation ("Swift"), a
market leader in precise positioning technologies for automotive, IoT, and
mobile applications today announced its partnership with SK Telecom (NYSE:SKM,
"SKT") to accelerate the deployment of AI-powered, location-based products in
Korea.
Through the partnership, SK Telecom and Swift designed, deployed, and are
jointly operating a carrier-grade network to deliver Swift's Skylark(®) Precise
Positioning Service across Korea. Skylark is a cloud-based service that improves
the positioning accuracy of standard GNSS by up to 100x - from several meters
down to just a few centimeters. It's a critical component in more than 8 million
connected and autonomous vehicles and devices, including ADAS-enabled and
autonomous cars, unmanned aerial aircraft, vehicle tracking solutions, and
robotic equipment.
As part of the partnership, SK Telecom is introducing Skylark to its broad base
of customers in Korea, including the Korea Forest Service, which conducts high
precision surveying for forest management and road design in challenging
mountainous areas of the country.
ISO-certified to meet the most stringent functional safety and cybersecurity
standards for road vehicles, Skylark is a key enabler of autonomous driving and
ADAS. For its 24-day, 8,000 km drive showcase across Korea, SK Telecom deployed
Skylark in in-vehicle receivers and smartphones, maintaining lane-level
positioning for more than 99% of the drive using the former and 92.61% in the
latter on open roads, and, the in-vehicle devices maintained lane-level
positioning integrity 99.99999% of the time. By comparison, standard GNSS
maintained lane-level positioning for 60% and 34% of the drive, respectively.
"SK Telecom shares our vision to build a safer and more productive future by
changing the way we navigate the planet," said Holger Ippach, Executive Vice
President of Product & Marketing at Swift Navigation. "Together our two
companies offer a robust set of positioning solutions backed by real-world
experience deploying mission-critical technology for some of the largest
companies in the world. We are thrilled to have them as a partner."
"SK Telecom is ready to provide precise GNSS positioning services for various
mobility platforms including UAM, autonomous vehicles and smartphones by
collaborating with Swift," said Takki Yu, VP and Head of Infra Tech Office at SK
Telecom. "We will continue our research to improve the services with AI
technology and offer this innovative and high-integrity service to our customers
in Korea."
Already available across North America, Europe, and other parts of Asia, Skylark
underpins production deployments for more than 20 automotive OEMs and suppliers
and thousands of other companies manufacturing robots and building innovative
location-based products to improve safety and efficiency across industries.
Skylark is backed by integrations with popular components from more than 20
chipset, module, and receiver makers and is highly configurable to meet a broad
range of requirements for accuracy, coverage, data transmission, and power
consumption - all of which can vary greatly across industries.
ABOUT SWIFT NAVIGATION
Swift Navigation is changing the way we understand and navigate the planet.
Swift's precise positioning solutions enable centimeter-level mapping, tracking,
and navigation to unlock vehicle autonomy, industrial automation, and digital
innovation across industries globally. Some of the largest companies in the
world are leveraging Swift's technology to enable safer driving, deliver
autonomous vehicles and equipment, optimize logistics, and unleash next-
generation mobile applications for navigation, worker safety, and augmented
reality, among others. Learn more at https://www.swiftnav.com
(https://www.swiftnav.com/news/swift-navigation-and-telit-cinterion-partner-to-
enable-precise-positioning-in-ultra-low-power).
ABOUT SK TELECOM
SK Telecom has been leading the growth of the mobile industry since 1984. Now,
it is taking customer experience to new heights by extending beyond
connectivity. By placing AI at the core of its business, SK Telecom is rapidly
transforming into an AI company with a strong global presence. It is focusing on
driving innovations in areas of AI Infrastructure, AI Transformation (AIX) and
AI Service to deliver greater value for industry, society, and life. For more
information, please contact skt_press@sk.com or visit our LinkedIn
page www.linkedin.com/company/sk-telecom (http://www.linkedin.com/company/sk-
telecom).
A video accompanying this announcement is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3a3b564-8385-4374-a6d2-
05b9c75e09da
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