Topcon Invests in DDK Positioning

April 19, 2023

Topcon Positioning Systems has invested in DDK Positioning, an Aberdeen, UK-based specialist in GNSS receivers and PPP correction services.

DDK Positioning delivers services exclusively over the Iridium network to provide global precision positioning services that can augment GNSS constellations to enhance their accuracy for critical industrial applications. Terms of the investment are not being disclosed.

“For a number of years, Topcon has been a supplier of core GNSS components to DDK Positioning to deliver their MAX services. With the expansion and growing success of this business, specifically in the Marine sector, a closer cooperation will ensure optimal integration for the highest possible accuracy and performance in the most demanding applications,” according to Ian Stilgoe, VP of emerging business at Topcon.

Kevin Gaffney, CEO of DDK Positioning, stated, “This partnership provides an extraordinary opportunity for our two companies to work together in pursuit of our shared ambition—providing a robust, resilient, and truly unique GNSS positioning service. We are extremely excited about partnering with Topcon and it’s a great fit for DDK Positioning, not only will it allow us to continue to develop best in class positioning services, we will also be able to continue to grow the company and expand our services globally.”

Source: Topcon

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Frank Raczon

Raczon’s writing career spans nearly 25 years, including magazine publishing and public relations work with some of the industry’s major equipment manufacturers. He has won numerous awards in his career, including nods from the Construction Writers Association, the Association of Equipment Manufacturers, and BtoB magazine. He is responsible for the magazine's Buying Files.