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Stock impact report

Telenav Teams Up with Waylens to Further Enhance OpenStreetMap

TELENAV (TNAV) 
Last telenav earnings: 2/6 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.telenav.com
Company Research Source: GlobeNewswire
SANTA CLARA, Calif. and BOSTON, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Telenav, Inc. (NASDAQ:TNAV), a leading provider of connected car and location-based services, and automotive camera company Waylens, Inc. announced today that they entered into a partnership that will aid mappers and drivers alike.  A specially modified Waylens windshield-mounted Horizon automotive camera will provide Telenav with high-quality recorded images and data which Telenav will use to detect key road elements and further enhance OSM data. This partnership expands Telenav’s efforts to make community-based maps more precise and accurate. It also enables more people to get involved in the OSM community. The joint effort is one of the first – if not “the first” – to use a dedicated aftermarket automotive camera for crowd-sourced map-making. To date, mobile phones and apps were used for such data collection. Using a dedicated aftermarket automotive camera has considerable advantages when crowdsourcing road data b Show less Read more
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