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Cambridge deep tech FocalPoint raises £6M to end GPS accuracy issues in wearables, vehicles & IoT

FocalPoint team
Image credits: FocalPoint

One major piece of technology most of us use everyday is GPS or Global Positioning System. And the biggest concern which haunts the GPS-integrated devices or wearables is the accuracy issue. 

FocalPoint Positioning, the deep-tech company which aims to solve these issues and is working on the accuracy of GPS and other Global Navigation Satellite Systems (GNSS), has just announced £6 million Series B funding from Draper Esprit. 

Operating out of Cambridge and Bristol, with the team drawn from Cambridge University’s Experimental and Theoretical Physics department, BAE Systems and the European Space Agency, FocalPoint’s prominent IP solves the fundamental limitations of satellite positioning systems such as GPS, Galileo, GLONASS and BeiDou. 

In a conversation with UKTN, FocalPoint’s founder and CEO, Ramsey Faragher, reveals more about its future plans. ...