Geostar Navigation, a Moscow-based producer of navigation receivers for telematic services, will start mass production of a new GLONASS+GPS chipset as early as next spring. The announcement, reported by news agency RIA Novosti, was made at a press conference on Monday by NIS GLONASS General Manager Alexander Gurko. The low power chipset, named GeoC-3, will be the first Russian chipset to fully meet the needs of satellite based navigation devices for the consumer market.
Gurko also announced that Rusnano, the state-owned nanotech giant, will finance the production of Geostar’s next generation of chipsets, GeoC-4. The project will start early next year and could be completed in less than two years. Read More
