Satelles, a division of iKare Corporation, announced today that it has entered into a patent and technology license agreement with The Boeing Company. This license allows Satelles to provide timing and location solutions to commercial markets delivered over the Iridium® constellation of 66 low-earth-orbiting satellites.
Gregory Gutt, CEO of iKare Corporation, stated, “After working closely with Boeing for years to create a global indoor-positioning solution, we are thrilled to be entering this license agreement, which includes over 30 issued and pending patents.”
Michael O’Connor, CEO of the Satelles business, agreed. “We see tremendous dual use potential for the technology going forward. Indoor location is an exciting area, and we are seeing keen commercial interest in a solution that delivers trusted location for secure network communication or network transaction security.”
Satelles is headquartered in Silicon Valley, in Redwood City, California, with an office in Ashburn, Virginia. Press Release Link