Analysis
Hemisphere GPS Expands OEM Agreement with ComNav for Vector G1 GPS Satellite Compass
Today, from the METS 2010 exhibition, Hemisphere GPS expanded its multi-million dollar OEM agreement with ComNav Marine Ltd. of Vancouver, Canada. Hemisphere GPS will manufacture the world's smallest (42 cm) GPS compass available on the market today under a private branding agreement for ComNav Ltd. The Vector G1 GPS satellite compass will be sold with ComNav's autopilot, radars and chart plotter solutions for pleasure boats and light commercial vessels.
BaseHemisphere GPS' commitment to innovation has advanced the precision and reliability of our autopilot and AIS systems for safe marine navigation, says Shafiq Gulamani, President of ComNav Marine Ltd. The Vector G1 GPS Satellite compass is a unique product that gives our customers unmatched accuracy in an extremely small package.
Today ComNav unveiled the new Vector G1 GPS satellite compass at the Marine Equipment Trade Show (METS) in Amsterdam, The Netherlands. Hemisphere GPS will ship Vector G1 GPS compasses to ComNav in volume beginning early in the first quarter of 2011.
We are pleased to expand our relationship with ComNav, says Phil Gabriel, Vice President of Precision Products for Hemisphere GPS. ComNav is a valuable OEM customer of Hemisphere GPS and we are proud to have our technology integrated into their precision autopilot solutions.