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For its revolutionary navigation system Wikitude Drive, which uses augmented reality to superimpose driving directions over live street video on smartphones, the Salzburg start-up Mobilizy took home the €20,000 grand prize in the European Satellite Navigation Competition 2010. Wikitude Drive also won the prize for the best application leveraging EGNOS, the European augmentation system that aims to add even more speed, precision, and reliability to GPS. Read More
