WAAS Receiver Contract26/06/2009 |
| NovAtel has been awarded a contract by the US Federal Aviation Administration (FAA) to develop the next-generation Wide Area Augmentation System (WAAS) reference receiver (the "GIII" receiver). The total value of the contract is worth up to USD9.7m. |
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WAAS is a space-based system that broadcasts corrections data and information to improve the overall accuracy and integrity of GPS satellite signals. NovAtel has worked with the FAA WAAS program since 1995, providing and supporting two previous generations of reference receivers for the WAAS ground network.
The WAAS GIII receiver program is scheduled to complete over the next three years, and will include growth provision for additional signal capability such as the European Galileo satellite navigation satellite system. Up to 14 receivers will be produced as part of this GIII receiver development and qualification program.
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