June 6, 2014

Telit Selected as Key Representative of the Italian Technology Industry in Go-to-Market of Europe’s Galileo Global Positioning System

Italian Government Awards 20-Year Veteran in Positioning -Telit a Grant to Develop Technology Adoption Acceleration Products and Services

London, July 25, 2013 – Telit Wireless Solutions, a leading global vendor of high-quality machine-to-machine (M2M) modules and value-added services and solutions, today announced that the company was selected among various applicant members of the Italian Technology Industry as one of the nation’s key representatives in the global roll-out of Europe’s Galileo ultra-accurate satellite positioning system. The selection reflects the high degree of credibility demonstrated by the Italian Government not only in the bold strategic plan proposed by Telit to accelerate global adoption of the Galileo technology, but also in the company itself.

Telit also received a grant to execute its proposed strategic plan. The grant offers Telit the opportunity to accelerate its activities in development of projects for the Positioning technology market. It bolsters human and financial resources required to enable Telit to quickly advance in this market area and achieve leadership in product performance with services to match. This achievement is likely not only to enhance the company’s competitiveness but is also provide measurable boost for the Italian economy, concretely contributing tangible progress in the strategic and very high growth segment of m2m.

Telit’s positioning technology R&D center is an integral part of the company’s R&D function headquartered in Trieste, Italy. The inclusion of positioning expertise stems from the company’s M&A over the past few years which have since made it a leading designer and manufacturer of innovative GNSS solutions for OEM applications, from personal and asset tracking to automotive solutions, incorporating over 20 years of pioneering experience with millions of high-performance GPS modules sold worldwide.

Galileo is Europe’s global navigation satellite system, designed to provide a highly accurate, guaranteed global positioning service under civilian control. It is inter-operable with GPS and Glonass, the US and Russian global satellite navigation systems. By offering dual frequencies as standard, Galileo delivers real-time positioning accuracy down to the meter range. It ensures availability of the service under all but the most extreme circumstances and informs users within seconds of any satellite failure, making it suitable for safety-critical applications such as guiding cars, running trains and landing aircraft. A range of services will be extended as the system is built up from initial operational capacity (IOC) to reach the Full Operational Capability (FOC) by this decade’s end. The fully deployed Galileo system consists of 30 satellites (27 operational + 3 active spares), positioned in three circular Medium Earth Orbit (MEO) planes at 23 222 km altitude above the Earth, and at an inclination of the orbital planes of 56 degrees to the equator.

"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," said Dominikus Hierl, chief marketing officer at Telit Wireless Solutions. "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."

Ten years on, leveraging the industry’s broadest portfolio of hardware in cellular, short range and positioning technologies, artfully complemented by services and connectivity from m2mAIR, Telit is M2M’s One Stop Shop for system integrators. By applying products and services in synergizing bundles, delivered with global support and logistics matching each individual need or want, Telit minimizes technical risk shortening time to market to the Internet of Things. Now, innovate!

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