u-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT
byEQSBenzinga Staff Writer
April 7, 2025 10:30 PM
4 min read
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u-blox AG / Key word(s): Miscellaneous
u-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT

07.04.2025 / 19:00 CET/CEST

Thalwil, Switzerland – 7 April 2025 – u-blox UBXN, a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, has divested its dual mode cellular-satellite communications business — along with a core development team — to Trident IoT, Inc., California, for an undisclosed amount.

This transaction follows u-blox's recent divestment of its Cellular business in March 2025, which did not include the dual mode cellular-satellite communications business.

Stephan Zizala, CEO of u-blox, stated: "We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies. This move aligns with our strategic focus on our Locate business."

Michael Lamb, CEO of Trident IoT, added: "We are thrilled to acquire this proven technology and the skilled team behind it. As satellite communications play an increasingly critical role in the IoT industry, this acquisition positions Trident IoT to capitalize on growing market opportunities.
 

<div>  <p><span><span><span style="font-weight: bold;">For further information, please contact:</span></span></span></p> <p> </p> <table cellspacing="0" cellpadding="0" border="0"><tbody><tr><td><span><strong><span>Investor Relations</span></strong></span></td> <td> </td> <td> </td> </tr><tr><td><span><span>Rafael Duarte</span></span></td> <td> </td> <td> </td> </tr><tr><td><span><span>Phone: +41 43 547 0693</span></span></td> <td> </td> <td> </td> </tr><tr><td><span><a href="mailto:rafael.duarte@u-blox.com" style="text-decoration: underline;"><span>rafael.duarte@u-blox.com</span></a></span></td> <td> </td> <td> </td> </tr></tbody></table></div> </div><div id="2e2c9aec-3987-494d-98ab-3eff70c10df0" markup="footer"><p><span><span><strong>About u-blox</strong><br/> u-blox <span class="ticker" data-ticker="UBXN" data-exchange="SIX" style="display: inline-block;">UBXN</span> is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. <br/><span>(<a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=3269a4a9d550ad3101ca61d6fb1c807c&application_id=2112864&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99&application_name=news" style="text-decoration: underline;">www.u-blox.com</a>)</span></span></span></p> <p><span><span> </span></span></p> <p><span><span><span>Join us on social media - <a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=038d74f8156865bcb765057e289aaee2&application_id=2112864&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99&application_name=news" style="text-decoration: underline;">X</a>, <a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=99a4054bbe8b8f79fe108c7fb69c46c3&application_id=2112864&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99&application_name=news" style="text-decoration: underline;">Facebook</a>, <a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=60b9c5e734211f8da674a8446391f2e3&application_id=2112864&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99&application_name=news" style="text-decoration: underline;">YouTube</a>, <a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=43658f74086f6e52f3b4277a9d96c1eb&application_id=2112864&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99&application_name=news" style="text-decoration: underline;">LinkedIn</a> and <a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=b2310a66a42be9dc3078b7e80159c695&application_id=2112864&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99&application_name=news" style="text-decoration: underline;">Instagram</a>. </span></span></span></p> <p> </p> <p><span><span><span><strong>About Trident IoT</strong><br/> Trident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com </span></span></span></p> </div><div id="61b35b2c-a340-4cc1-be35-0dc3aa78b4f5" markup="disclaimer"><p><span><span><strong>Disclaimer</strong><br/> This release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.</span></span></p> </div></div> <br/><hr/><p> End of Media Release<br/></p> <hr/></td> </tr></table><table cellpadding="0" cellspacing="0"><tr><td align="left" valign="top" nowrap="nowrap">Language:</td> <td align="left" valign="top">English</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Company:</td> <td align="left" valign="top">u-blox AG</td> </tr><tr><td align="left" valign="top"/> <td align="left" valign="top">Zürcherstrasse 68</td> </tr><tr><td align="left" valign="top"/> <td align="left" valign="top">8800 Thalwil</td> </tr><tr><td align="left" valign="top"/> <td align="left" valign="top">Switzerland</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Phone:</td> <td align="left" valign="top">+41 44 722 74 44</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Fax:</td> <td align="left" valign="top">+41 44 722 74 47</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">E-mail:</td> <td align="left" valign="top">ir@u-blox.com</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Internet:</td> <td align="left" valign="top">www.u-blox.com</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">ISIN:</td> <td align="left" valign="top">CH0033361673</td> </tr><tr><td align="left" valign="top">Listed:</td> <td align="left" valign="top">SIX Swiss Exchange</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">EQS News ID:</td> <td align="left" valign="top">2112864</td> </tr></table><br/><table border="0" cellpadding="0" cellspacing="0"><tr><td align="left" valign="top" colspan="2"/> </tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td align="left" valign="top" colspan="2"> </td> </tr><tr><td align="left" valign="top">End of News</td> <td align="left" valign="top">EQS News Service</td> </tr></table><table border="0" width="600" cellpadding="0" cellspacing="0"><tr><td> <hr/></td> </tr></table><p> 2112864  07.04.2025 CET/CEST </p> <img src="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2112864&application_name=news&site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99" alt="" width="0" height="0" border="0"/></div><p class="copyright">© 2025 Benzinga.com. 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Sell My Personal Data/Privacy Policy</a></li><li class="sc-dXGmlw gtjaQi footer-link"><a href="https://in.benzinga.com/disclaimer" class="sc-jUULvF ktWqvc">Disclaimer </a></li></ul><div class="copyright-section text-center w-full whitespace-nowrap mt-2">© <!-- -->2025<!-- --> Benzinga | All Rights Reserved</div></div></div><!--/$--></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"article":{"id":"67f4054a0a4f35000114d8a4","nodeId":44670927,"userId":1698344,"versionId":53020738,"type":"eqs","published":true,"createdAt":"2025-04-07T17:00:05Z","updatedAt":"2025-04-07T17:03:07Z","title":"u-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT","titleSeo":"","body":"\u003ctable border=\"0\" cellpadding=\"0\" cellspacing=\"0\"\u003e\u003ctr\u003e\u003ctd\u003e\n\u003cp\u003e\n\nu-blox AG\n\n\n / Key word(s): Miscellaneous\n\n\n\u003cbr/\u003e\n\n\nu-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT \u003cbr/\u003e\u003cbr/\u003e\u003cspan\u003e07.04.2025 / 19:00 CET/CEST\u003c/span\u003e\u003cbr/\u003e\u003cbr/\u003e\u003c/p\u003e\n\n\u003chr/\u003e\u003cdiv\u003e\u003cdiv id=\"593407af-6acd-42a4-a253-72a9c7248290\" markup=\"content\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eThalwil, Switzerland – 7 April 2025\u003c/strong\u003e – u-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e, a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, has divested its dual mode cellular-satellite communications business — along with a core development team — to Trident IoT, Inc., California, for an undisclosed amount.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eThis transaction follows u-blox's recent divestment of its Cellular business in March 2025, which did not include \u003c/span\u003e\u003c/span\u003e\u003cspan\u003e\u003cspan\u003ethe dual mode cellular-satellite communications business.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eStephan Zizala, CEO of u-blox, stated: \"We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies. This move aligns with our strategic focus on our Locate business.\"\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eMichael Lamb, CEO of Trident IoT, added: \"We are thrilled to acquire this proven technology and the skilled team behind it. As satellite communications play an increasingly critical role in the IoT industry, this acquisition positions Trident IoT to capitalize on growing market opportunities.\u003c/span\u003e\u003c/span\u003e\u003cbr/\u003e\n \u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"fd8f0820-64a9-4d50-a72d-35d3f675fd0e\" markup=\"contact\"\u003e\u003ctitle/\u003e\u003cdiv\u003e \n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan style=\"font-weight: bold;\"\u003eFor further information, please contact:\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003ctable cellspacing=\"0\" cellpadding=\"0\" border=\"0\"\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor Relations\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003eRafael Duarte\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003ePhone: +41 43 547 0693\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003ca href=\"mailto:rafael.duarte@u-blox.com\" style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/div\u003e\n\u003c/div\u003e\u003cdiv id=\"2e2c9aec-3987-494d-98ab-3eff70c10df0\" markup=\"footer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout u-blox\u003c/strong\u003e\u003cbr/\u003e\nu-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. \u003cbr/\u003e\u003cspan\u003e(\u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=3269a4a9d550ad3101ca61d6fb1c807c\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003ewww.u-blox.com\u003c/a\u003e)\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e \u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003eJoin us on social media - \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=038d74f8156865bcb765057e289aaee2\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eX\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=99a4054bbe8b8f79fe108c7fb69c46c3\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eFacebook\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=60b9c5e734211f8da674a8446391f2e3\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eYouTube\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=43658f74086f6e52f3b4277a9d96c1eb\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eLinkedIn\u003c/a\u003e and \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=b2310a66a42be9dc3078b7e80159c695\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eInstagram\u003c/a\u003e. \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr/\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"61b35b2c-a340-4cc1-be35-0dc3aa78b4f5\" markup=\"disclaimer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr/\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003c/div\u003e\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u003cbr/\u003e\u003chr/\u003e\u003cp\u003e\nEnd of Media Release\u003cbr/\u003e\u003c/p\u003e\n\u003chr/\u003e\u003c/td\u003e\n\u003c/tr\u003e\u003c/table\u003e\u003ctable cellpadding=\"0\" cellspacing=\"0\"\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eLanguage:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eEnglish\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eCompany:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eu-blox AG\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\"/\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eZürcherstrasse 68\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\"/\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003e8800 Thalwil\u003c/td\u003e\n\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\"/\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eSwitzerland\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003ePhone:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003e+41 44 722 74 44\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eFax:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003e+41 44 722 74 47\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eE-mail:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eir@u-blox.com\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eInternet:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003ewww.u-blox.com\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eISIN:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eCH0033361673\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\"\u003eListed:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eSIX Swiss Exchange\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eEQS News ID:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003e2112864\u003c/td\u003e\n\u003c/tr\u003e\u003c/table\u003e\u003cbr/\u003e\u003ctable border=\"0\" cellpadding=\"0\" cellspacing=\"0\"\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" colspan=\"2\"/\u003e\n\u003c/tr\u003e\u003c/table\u003e\u003ctable border=\"0\" cellpadding=\"0\" cellspacing=\"0\"\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" colspan=\"2\"\u003e \u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\"\u003eEnd of News\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eEQS News Service\u003c/td\u003e\n\u003c/tr\u003e\u003c/table\u003e\u003ctable border=\"0\" width=\"600\" cellpadding=\"0\" cellspacing=\"0\"\u003e\u003ctr\u003e\u003ctd\u003e\n\u003chr/\u003e\u003c/td\u003e\n\u003c/tr\u003e\u003c/table\u003e\u003cp\u003e\n\n2112864  07.04.2025 CET/CEST\n\u003c/p\u003e\n\n\u003cimg src=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif\u0026amp;application_id=2112864\u0026amp;application_name=news\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\" alt=\"\" width=\"0\" height=\"0\" 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0693\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003ca href=\"mailto:rafael.duarte@u-blox.com\" style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e","nodeType":1,"tag":"tbody","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor Relations\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003eRafael 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style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e","nodeType":1,"tag":"div","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003ctitle\u003e\u003c/title\u003e\u003cdiv\u003e \n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan style=\"font-weight: bold;\"\u003eFor further information, please contact:\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003ctable cellspacing=\"0\" cellpadding=\"0\" border=\"0\"\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor 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Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com ","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. 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To learn more about Trident IoT, visit us at www.tridentiot.com \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout u-blox\u003c/strong\u003e\u003cbr\u003e\nu-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. \u003cbr\u003e\u003cspan\u003e(\u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=3269a4a9d550ad3101ca61d6fb1c807c\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003ewww.u-blox.com\u003c/a\u003e)\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e \u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003eJoin us on social media - \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=038d74f8156865bcb765057e289aaee2\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eX\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=99a4054bbe8b8f79fe108c7fb69c46c3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eFacebook\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=60b9c5e734211f8da674a8446391f2e3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eYouTube\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=43658f74086f6e52f3b4277a9d96c1eb\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eLinkedIn\u003c/a\u003e and \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=b2310a66a42be9dc3078b7e80159c695\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eInstagram\u003c/a\u003e. \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. 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Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.","nodeType":1,"tag":"span","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e","nodeType":1,"tag":"span","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e\u003c/span\u003e","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n","nodeType":1,"tag":"div","tagAttributes":{"id":"61b35b2c-a340-4cc1-be35-0dc3aa78b4f5","markup":"disclaimer"}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cdiv id=\"593407af-6acd-42a4-a253-72a9c7248290\" markup=\"content\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eThalwil, Switzerland – 7 April 2025\u003c/strong\u003e – u-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e, a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, has divested its dual mode cellular-satellite communications business — along with a core development team — to Trident IoT, Inc., California, for an undisclosed amount.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eThis transaction follows u-blox's recent divestment of its Cellular business in March 2025, which did not include \u003c/span\u003e\u003c/span\u003e\u003cspan\u003e\u003cspan\u003ethe dual mode cellular-satellite communications business.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eStephan Zizala, CEO of u-blox, stated: \"We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies. This move aligns with our strategic focus on our Locate business.\"\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eMichael Lamb, CEO of Trident IoT, added: \"We are thrilled to acquire this proven technology and the skilled team behind it. As satellite communications play an increasingly critical role in the IoT industry, this acquisition positions Trident IoT to capitalize on growing market opportunities.\u003c/span\u003e\u003c/span\u003e\u003cbr\u003e\n \u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"fd8f0820-64a9-4d50-a72d-35d3f675fd0e\" markup=\"contact\"\u003e\u003ctitle\u003e\u003c/title\u003e\u003cdiv\u003e \n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan style=\"font-weight: bold;\"\u003eFor further information, please contact:\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003ctable cellspacing=\"0\" cellpadding=\"0\" border=\"0\"\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor Relations\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003eRafael Duarte\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003ePhone: +41 43 547 0693\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003ca href=\"mailto:rafael.duarte@u-blox.com\" style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/div\u003e\n\u003c/div\u003e\u003cdiv id=\"2e2c9aec-3987-494d-98ab-3eff70c10df0\" markup=\"footer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout u-blox\u003c/strong\u003e\u003cbr\u003e\nu-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. \u003cbr\u003e\u003cspan\u003e(\u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=3269a4a9d550ad3101ca61d6fb1c807c\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003ewww.u-blox.com\u003c/a\u003e)\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e \u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003eJoin us on social media - \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=038d74f8156865bcb765057e289aaee2\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eX\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=99a4054bbe8b8f79fe108c7fb69c46c3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eFacebook\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=60b9c5e734211f8da674a8446391f2e3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eYouTube\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=43658f74086f6e52f3b4277a9d96c1eb\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eLinkedIn\u003c/a\u003e and \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=b2310a66a42be9dc3078b7e80159c695\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eInstagram\u003c/a\u003e. \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"61b35b2c-a340-4cc1-be35-0dc3aa78b4f5\" markup=\"disclaimer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e","nodeType":1,"tag":"div","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"","nodeType":1,"tag":"br","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"","nodeType":1,"tag":"hr","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\nEnd of Media Release","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"","nodeType":1,"tag":"br","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\nEnd of Media Release\u003cbr\u003e","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"","nodeType":1,"tag":"hr","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\n\u003cp\u003e\n\nu-blox AG\n\n\n / Key word(s): Miscellaneous\n\n\n\u003cbr\u003e\n\n\nu-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT \u003cbr\u003e\u003cbr\u003e\u003cspan\u003e07.04.2025 / 19:00 CET/CEST\u003c/span\u003e\u003cbr\u003e\u003cbr\u003e\u003c/p\u003e\n\n\u003chr\u003e\u003cdiv\u003e\u003cdiv id=\"593407af-6acd-42a4-a253-72a9c7248290\" markup=\"content\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eThalwil, Switzerland – 7 April 2025\u003c/strong\u003e – u-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e, a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, has divested its dual mode cellular-satellite communications business — along with a core development team — to Trident IoT, Inc., California, for an undisclosed amount.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eThis transaction follows u-blox's recent divestment of its Cellular business in March 2025, which did not include \u003c/span\u003e\u003c/span\u003e\u003cspan\u003e\u003cspan\u003ethe dual mode cellular-satellite communications business.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eStephan Zizala, CEO of u-blox, stated: \"We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies. This move aligns with our strategic focus on our Locate business.\"\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eMichael Lamb, CEO of Trident IoT, added: \"We are thrilled to acquire this proven technology and the skilled team behind it. As satellite communications play an increasingly critical role in the IoT industry, this acquisition positions Trident IoT to capitalize on growing market opportunities.\u003c/span\u003e\u003c/span\u003e\u003cbr\u003e\n \u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"fd8f0820-64a9-4d50-a72d-35d3f675fd0e\" markup=\"contact\"\u003e\u003ctitle\u003e\u003c/title\u003e\u003cdiv\u003e \n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan style=\"font-weight: bold;\"\u003eFor further information, please contact:\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003ctable cellspacing=\"0\" cellpadding=\"0\" border=\"0\"\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor Relations\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003eRafael Duarte\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003ePhone: +41 43 547 0693\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003ca href=\"mailto:rafael.duarte@u-blox.com\" style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/div\u003e\n\u003c/div\u003e\u003cdiv id=\"2e2c9aec-3987-494d-98ab-3eff70c10df0\" markup=\"footer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout u-blox\u003c/strong\u003e\u003cbr\u003e\nu-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. \u003cbr\u003e\u003cspan\u003e(\u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=3269a4a9d550ad3101ca61d6fb1c807c\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003ewww.u-blox.com\u003c/a\u003e)\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e \u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003eJoin us on social media - \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=038d74f8156865bcb765057e289aaee2\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eX\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=99a4054bbe8b8f79fe108c7fb69c46c3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eFacebook\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=60b9c5e734211f8da674a8446391f2e3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eYouTube\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=43658f74086f6e52f3b4277a9d96c1eb\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eLinkedIn\u003c/a\u003e and \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=b2310a66a42be9dc3078b7e80159c695\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eInstagram\u003c/a\u003e. \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"61b35b2c-a340-4cc1-be35-0dc3aa78b4f5\" markup=\"disclaimer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003c/div\u003e\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u003cbr\u003e\u003chr\u003e\u003cp\u003e\nEnd of Media Release\u003cbr\u003e\u003c/p\u003e\n\u003chr\u003e","nodeType":1,"tag":"td","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003ctd\u003e\n\u003cp\u003e\n\nu-blox AG\n\n\n / Key word(s): Miscellaneous\n\n\n\u003cbr\u003e\n\n\nu-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT \u003cbr\u003e\u003cbr\u003e\u003cspan\u003e07.04.2025 / 19:00 CET/CEST\u003c/span\u003e\u003cbr\u003e\u003cbr\u003e\u003c/p\u003e\n\n\u003chr\u003e\u003cdiv\u003e\u003cdiv id=\"593407af-6acd-42a4-a253-72a9c7248290\" markup=\"content\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eThalwil, Switzerland – 7 April 2025\u003c/strong\u003e – u-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e, a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, has divested its dual mode cellular-satellite communications business — along with a core development team — to Trident IoT, Inc., California, for an undisclosed amount.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eThis transaction follows u-blox's recent divestment of its Cellular business in March 2025, which did not include \u003c/span\u003e\u003c/span\u003e\u003cspan\u003e\u003cspan\u003ethe dual mode cellular-satellite communications business.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eStephan Zizala, CEO of u-blox, stated: \"We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies. This move aligns with our strategic focus on our Locate business.\"\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eMichael Lamb, CEO of Trident IoT, added: \"We are thrilled to acquire this proven technology and the skilled team behind it. As satellite communications play an increasingly critical role in the IoT industry, this acquisition positions Trident IoT to capitalize on growing market opportunities.\u003c/span\u003e\u003c/span\u003e\u003cbr\u003e\n \u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"fd8f0820-64a9-4d50-a72d-35d3f675fd0e\" markup=\"contact\"\u003e\u003ctitle\u003e\u003c/title\u003e\u003cdiv\u003e \n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan style=\"font-weight: bold;\"\u003eFor further information, please contact:\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003ctable cellspacing=\"0\" cellpadding=\"0\" border=\"0\"\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor Relations\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003eRafael Duarte\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003ePhone: +41 43 547 0693\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003ca href=\"mailto:rafael.duarte@u-blox.com\" style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/div\u003e\n\u003c/div\u003e\u003cdiv id=\"2e2c9aec-3987-494d-98ab-3eff70c10df0\" markup=\"footer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout u-blox\u003c/strong\u003e\u003cbr\u003e\nu-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. \u003cbr\u003e\u003cspan\u003e(\u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=3269a4a9d550ad3101ca61d6fb1c807c\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003ewww.u-blox.com\u003c/a\u003e)\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e \u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003eJoin us on social media - \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=038d74f8156865bcb765057e289aaee2\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eX\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=99a4054bbe8b8f79fe108c7fb69c46c3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eFacebook\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=60b9c5e734211f8da674a8446391f2e3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eYouTube\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=43658f74086f6e52f3b4277a9d96c1eb\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eLinkedIn\u003c/a\u003e and \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=b2310a66a42be9dc3078b7e80159c695\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eInstagram\u003c/a\u003e. \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"61b35b2c-a340-4cc1-be35-0dc3aa78b4f5\" markup=\"disclaimer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003c/div\u003e\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u003cbr\u003e\u003chr\u003e\u003cp\u003e\nEnd of Media Release\u003cbr\u003e\u003c/p\u003e\n\u003chr\u003e\u003c/td\u003e\n","nodeType":1,"tag":"tr","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003ctr\u003e\u003ctd\u003e\n\u003cp\u003e\n\nu-blox AG\n\n\n / Key word(s): Miscellaneous\n\n\n\u003cbr\u003e\n\n\nu-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT \u003cbr\u003e\u003cbr\u003e\u003cspan\u003e07.04.2025 / 19:00 CET/CEST\u003c/span\u003e\u003cbr\u003e\u003cbr\u003e\u003c/p\u003e\n\n\u003chr\u003e\u003cdiv\u003e\u003cdiv id=\"593407af-6acd-42a4-a253-72a9c7248290\" markup=\"content\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eThalwil, Switzerland – 7 April 2025\u003c/strong\u003e – u-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e, a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, has divested its dual mode cellular-satellite communications business — along with a core development team — to Trident IoT, Inc., California, for an undisclosed amount.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eThis transaction follows u-blox's recent divestment of its Cellular business in March 2025, which did not include \u003c/span\u003e\u003c/span\u003e\u003cspan\u003e\u003cspan\u003ethe dual mode cellular-satellite communications business.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eStephan Zizala, CEO of u-blox, stated: \"We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies. This move aligns with our strategic focus on our Locate business.\"\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eMichael Lamb, CEO of Trident IoT, added: \"We are thrilled to acquire this proven technology and the skilled team behind it. As satellite communications play an increasingly critical role in the IoT industry, this acquisition positions Trident IoT to capitalize on growing market opportunities.\u003c/span\u003e\u003c/span\u003e\u003cbr\u003e\n \u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"fd8f0820-64a9-4d50-a72d-35d3f675fd0e\" markup=\"contact\"\u003e\u003ctitle\u003e\u003c/title\u003e\u003cdiv\u003e \n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan style=\"font-weight: bold;\"\u003eFor further information, please contact:\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003ctable cellspacing=\"0\" cellpadding=\"0\" border=\"0\"\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor Relations\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003eRafael Duarte\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003ePhone: +41 43 547 0693\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003ca href=\"mailto:rafael.duarte@u-blox.com\" style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/div\u003e\n\u003c/div\u003e\u003cdiv id=\"2e2c9aec-3987-494d-98ab-3eff70c10df0\" markup=\"footer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout u-blox\u003c/strong\u003e\u003cbr\u003e\nu-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. \u003cbr\u003e\u003cspan\u003e(\u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=3269a4a9d550ad3101ca61d6fb1c807c\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003ewww.u-blox.com\u003c/a\u003e)\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e \u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003eJoin us on social media - \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=038d74f8156865bcb765057e289aaee2\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eX\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=99a4054bbe8b8f79fe108c7fb69c46c3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eFacebook\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=60b9c5e734211f8da674a8446391f2e3\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eYouTube\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=43658f74086f6e52f3b4277a9d96c1eb\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eLinkedIn\u003c/a\u003e and \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026url=b2310a66a42be9dc3078b7e80159c695\u0026application_id=2112864\u0026site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026application_name=news\" style=\"text-decoration: underline;\"\u003eInstagram\u003c/a\u003e. \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"61b35b2c-a340-4cc1-be35-0dc3aa78b4f5\" markup=\"disclaimer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. 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border=\"0\" cellpadding=\"0\" cellspacing=\"0\"\u003e\u003ctr\u003e\u003ctd\u003e\n\u003cp\u003e\n\nu-blox AG\n\n\n / Key word(s): Miscellaneous\n\n\n\u003cbr\u003e\n\n\nu-blox Divests Dual Mode Cellular-Satellite Communications Business to Trident IoT \u003cbr\u003e\u003cbr\u003e\u003cspan\u003e07.04.2025 / 19:00 CET/CEST\u003c/span\u003e\u003cbr\u003e\u003cbr\u003e\u003c/p\u003e\n\n\u003chr\u003e\u003cdiv\u003e\u003cdiv id=\"593407af-6acd-42a4-a253-72a9c7248290\" markup=\"content\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eThalwil, Switzerland – 7 April 2025\u003c/strong\u003e – u-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e, a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, has divested its dual mode cellular-satellite communications business — along with a core development team — to Trident IoT, Inc., California, for an undisclosed amount.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eThis transaction follows u-blox's recent divestment of its Cellular business in March 2025, which did not include \u003c/span\u003e\u003c/span\u003e\u003cspan\u003e\u003cspan\u003ethe dual mode cellular-satellite communications business.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eStephan Zizala, CEO of u-blox, stated: \"We are pleased to have found a partner in Trident IoT, enabling continuity for our customers and ensuring our talented engineers can continue driving innovation in satellite communication technologies. This move aligns with our strategic focus on our Locate business.\"\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003eMichael Lamb, CEO of Trident IoT, added: \"We are thrilled to acquire this proven technology and the skilled team behind it. As satellite communications play an increasingly critical role in the IoT industry, this acquisition positions Trident IoT to capitalize on growing market opportunities.\u003c/span\u003e\u003c/span\u003e\u003cbr\u003e\n \u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"fd8f0820-64a9-4d50-a72d-35d3f675fd0e\" markup=\"contact\"\u003e\u003ctitle\u003e\u003c/title\u003e\u003cdiv\u003e \n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan style=\"font-weight: bold;\"\u003eFor further information, please contact:\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003ctable cellspacing=\"0\" cellpadding=\"0\" border=\"0\"\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cstrong\u003e\u003cspan\u003eInvestor Relations\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003eRafael Duarte\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003cspan\u003ePhone: +41 43 547 0693\u003c/span\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cspan\u003e\u003ca href=\"mailto:rafael.duarte@u-blox.com\" style=\"text-decoration: underline;\"\u003e\u003cspan\u003erafael.duarte@u-blox.com\u003c/span\u003e\u003c/a\u003e\u003c/span\u003e\u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\t\u003ctd\u003e \u003c/td\u003e\n\t\t\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/div\u003e\n\u003c/div\u003e\u003cdiv id=\"2e2c9aec-3987-494d-98ab-3eff70c10df0\" markup=\"footer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout u-blox\u003c/strong\u003e\u003cbr\u003e\nu-blox \u003cspan class=\"ticker\"\n data-ticker=\"UBXN\"\n data-exchange=\"SIX\"\n style=\"display: inline-block;\"\u003eUBXN\u003c/span\u003e is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact. \u003cbr\u003e\u003cspan\u003e(\u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=3269a4a9d550ad3101ca61d6fb1c807c\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003ewww.u-blox.com\u003c/a\u003e)\u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e \u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003eJoin us on social media - \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=038d74f8156865bcb765057e289aaee2\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eX\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=99a4054bbe8b8f79fe108c7fb69c46c3\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eFacebook\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=60b9c5e734211f8da674a8446391f2e3\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eYouTube\u003c/a\u003e, \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=43658f74086f6e52f3b4277a9d96c1eb\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eLinkedIn\u003c/a\u003e and \u003ca href=\"https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect\u0026amp;url=b2310a66a42be9dc3078b7e80159c695\u0026amp;application_id=2112864\u0026amp;site_id=benzinga~~~8eb7e128-c3ed-4017-a7d6-2b04218e4b99\u0026amp;application_name=news\" style=\"text-decoration: underline;\"\u003eInstagram\u003c/a\u003e. \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\n\u003cp\u003e \u003c/p\u003e\n\n\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eAbout Trident IoT\u003c/strong\u003e\u003cbr\u003e\nTrident IoT is a different kind of semiconductor company. Founded by a team of IoT veterans with over a century of industry knowledge, we specialize in products and services that simplify your product development journey. Trident IoT is built around three pillars: IoT Silicon and Tools, Design and Development support, and US-Based certification services. Built by developers for developers, our mission is to enable you get to revenue faster with simply better products. To learn more about Trident IoT, visit us at www.tridentiot.com \u003c/span\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003cdiv id=\"61b35b2c-a340-4cc1-be35-0dc3aa78b4f5\" markup=\"disclaimer\"\u003e\u003cp\u003e\u003cspan\u003e\u003cspan\u003e\u003cstrong\u003eDisclaimer\u003c/strong\u003e\u003cbr\u003e\nThis release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\n\u003c/div\u003e\u003c/div\u003e\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\u003cbr\u003e\u003chr\u003e\u003cp\u003e\nEnd of Media Release\u003cbr\u003e\u003c/p\u003e\n\u003chr\u003e\u003c/td\u003e\n\u003c/tr\u003e\u003c/table\u003e","\u003ctable cellpadding=\"0\" cellspacing=\"0\"\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" nowrap=\"nowrap\"\u003eLanguage:\u003c/td\u003e\n\t\u003ctd align=\"left\" valign=\"top\"\u003eEnglish\u003c/td\u003e\n\u003c/tr\u003e\u003ctr\u003e\u003ctd align=\"left\" valign=\"top\" 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