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Investor press releases

05 June 2018

u-blox unveils the next step towards increased traffic safety and autonomous driving

UBX‑P3 is the industry’s smallest concurrent dual‑channel V2X communication chip

Thalwil, Switzerland – June 5, 2018 – u‑blox (SIX:UBXN), a global provider of leading positioning and wireless communication technologies, today announced its short range UBX‑P3 chip for vehicle‑to‑everything (V2X) wireless communication based on the DSRC/802.11p standard. Building on the success of two previous generations of u‑blox V2X modules and the company’s position as market leader in scalable, high‑precision GNSS positioning solutions, the UBX‑P3, developed entirely in‑house, takes u‑blox’s commitment to shaping the future of active safety and autonomous driving technologies to the next level.

V2X technology leverages wireless communication for vehicle‑to‑vehicle (V2V) and vehicle‑to‑infrastructure (V2I) communication, giving all vehicles on the road a shared real‑time perception of their surroundings. In addition to increasing road safety, V2X technology improves traffic management and enables wide‑ranging applications such as truck platooning, as well as applications in areas including smart cities, mining, and agriculture.

In its recent report ”Intelligent Transportation Systems Market Data, QTR 4 2017,” ABI Research is projecting for 2018 to 2026 an accumulated volume of 157 M DSRC/802.11p units for new cars in the core markets US, EU and APAC, reaching above 206m units in total when including smaller regions and aftermarket volumes.

Major factors driving growth of the V2X market include rising demand for real‑time traffic and incident alerts for increasing public safety, expansion in government funding for better traffic management, and the development of connected vehicles. DSRC/802.11p technology is mature and available for immediate deployment of V2X systems. Many automotive tier‑1 suppliers are developing DSRC/802.11p based solutions. Car and truck OEMs like VW, GM, and Toyota have either deployed or plan to deploy the solutions commercially in the near future. After a long period of trial deployments in Japan, Toyota has announced plans to begin a broad placement of V2V and V2I technology in the U.S. market from 2021, with the goal of outfitting almost its entire line‑up with the technology by 2025. The trials in Japan helped to significantly decrease the number of accidents.

As the market leader in automotive positioning solutions, u‑blox has two decades’ experience working with the automotive industry’s quality and supply requirements. UBX P3 is designed in accordance with these stringent demands. The new product complements u‑blox’s portfolio of automotive grade positioning, cellular communication, and short range radio technology.

“UBX‑P3 is the result of our longstanding investment in the development of V2X. It is the industry’s smallest V2X communication chip - capable of concurrently communicating on two channels, which means that safety and service messages can be processed concurrently providing greater safety in traffic. This innovative chip will contribute to accelerating the deployment of DSRC/802.11p technologies to make transportation safer, more efficient, and more sustainable,” says Herbert Blaser, Senior Director, Product Center Short Range Radio at u‑blox.

About u blox
u blox (SIX:UBXN) is a global provider of leading positioning and wireless communication technologies for the automotive, industrial, and consumer markets. Their solutions let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and a growing ecosystem of products supporting data services, u‑blox is uniquely positioned to empower its customers to develop innovative solutions for the Internet of Things, quickly and cost‑effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA.

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u‑blox contact:
Gitte Jensen
Investor Relations
Tel +41 44 722 7486
gitte.jensen@u-blox.com

u‑blox AG
Zürcherstrasse 68
8800 Thalwil
Switzerland
Phone +41 44 722 74 44
Fax +41 44 722 74 47
info@u-blox.com
www.u‑blox.com