NV-MOVELLA
16.7.2024 16:01:31 CEST | Business Wire | Press release
Movella, a leading provider of full-stack solutions for digitizing movement, today announced it has enhanced its Xsens MTi™ inertial sensor modules for autonomous machines and edge AI applications. The Xsens MTi sensors can be easily integrated with the NVIDIA Jetson™ platform for edge AI and robotics, offering full compatibility with the NVIDIA Jetson AGX Orin™, NVIDIA Jetson Orin™ NX, and NVIDIA Jetson Orin Nano™ system-on-modules.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716567003/en/
(Graphic: Business Wire)
The highly compact Xsens MTi sensors, also called “IMU”, are renowned for their high accuracy, reliability, and low latency, even under adverse conditions. They provide industrial-grade, real-time measurements of motion, orientation, and global position (GNSS), which are critical for navigating and controlling a wide range of mobile robots and smart automation applications, whether aerial, land-based, or subsea. Offering compatibility with the powerful AI capabilities of the NVIDIA Jetson platform, the Xsens MTi inertial sensors will help customers bring their intelligent and autonomous systems faster to the market.
The easy integration of NVIDIA Jetson Orin modules with Xsens MTi sensors will help enable more intelligent and efficient autonomous systems. Movella is a member of the NVIDIA Partner Network (NPN).
“The mobile robot market is undergoing massive growth and transformation as autonomous platforms such as autonomous mobile robots (AMRs) get widely adopted indoors and outdoors. Collaborating with NVIDIA on the Jetson platform integration has helped us advance the use of Xsens MTi sensors in mobile robotics and edge AI,” said Meindert Zeeuw, Director of the “Automation & Mobility” Line of Business at Movella. “The seamless integration of Xsens MTi’s precise and real-time data with NVIDIA Jetson’s accelerated computing capabilities will help innovators further in developing systems that can navigate, perceive, and interact with their environments with even more accuracy and agility.”
This integration highlights the momentum of the industrial inertial sensor market, particularly in logistics (autonomous robots, autonomous vehicles) and sea-based (ROV/AUV) applications. This segment has a projected 16% CAGR expected from 2021 to 2027, reaching an estimated value of USD 1.1 billion. Movella’s work underscores the industry’s rapid innovation and adoption of industrial inertial sensors, positioning the company to drive transformative advancements in intelligent automation within industrial applications.
About Movella
Movella is a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement. Movella serves the automation & mobility, entertainment and health & sports markets. Movella's innovations enable customers to capitalize on the value of movement by transforming data into meaningful and actionable insights. Partnering with leading global brands such as ABB Marine, Hewlett Packard, Kongsberg, Clearpath Robotics, Toyota, Siemens, Electronic Arts, EPIC Games, 20th Century Studios, Netflix and more than 500 sports organizations, Movella is creating extraordinary outcomes that move humanity forward. To learn more, please visit www.movella.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240716567003/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Compass Pathways Announces New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)7.4.2026 22:30:00 CEST | Press release
Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, announced today that Compass granted equity awards under the Compass Pathways plc 2026 Inducement Plan to seven newly hired non-executive employees. The equity awards were granted on April 1, 2026 and consisted of options to purchase an aggregate of 117,445 shares and restricted share units or, in the case of employees in the United Kingdom nominal cost options, covering an aggregate of 55,875 shares. The options have an exercise price per share equal to $5.62, the closing price of the Company’s American Depositary Shares on the Nasdaq Global Select Market on the grant date, and will vest over a four-year period with 25% vesting on the first anniversary of the date of the grant and the remaining 75% vesting in equal monthly installments over the three-year period thereafter, subject to each employee’s continued employment. The restricted s
SLB OneSubsea and Subsea7 Sign Collaboration Agreement with PETRONAS Suriname7.4.2026 22:05:00 CEST | Press release
Partnership enables early engagement to co-develop cost-effective solutions and accelerate subsea development in Suriname Global energy technology company SLB (NYSE: SLB) today announced the signing of a strategic collaboration agreement between PETRONAS Suriname E&P B.V. (“PETRONAS Suriname”), a subsidiary of PETRONAS and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. This partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260331210557/en/ SLB OneSubsea has signed a strategic collaboration agreement between PETRONAS Suriname E&P B.V. (“PETRONAS Suriname”), a subsidiary of PETRONAS and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. This partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea soluti
Nadia Karkar Joins 500 Global as Managing Partner7.4.2026 19:43:00 CEST | Press release
Former TPG Rise executive joins as Managing Partner as the firm expands its global investment platform. 500 Global today announced the appointment of Nadia Karkar as Managing Partner as the firm expands its global investment platform. Nadia’s appointment follows the recent announcement of the appointment of Atul Mehta — former Chief Investment Officer of the International Finance Corporation — to 500 Global's Board of Directors, and reflects the firm's continued build-out of the leadership and capabilities required to deliver on its next stage of global growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260407719214/en/ Nadia Karkar Joins 500 Global as Managing Partner Nadia joins from TPG Rise, the $31 billion impact investing platform of TPG Inc., where she most recently served as Head of Business Development, responsible for product innovation, strategic partnerships and corporate development. She played a central rol
Mouser Electronics Explores How Artificial Intelligence Shapes Everyday Technologies and Experiences7.4.2026 17:11:00 CEST | Press release
Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, today announced the first 2026 installment of its Empowering Innovation Together (EIT) technology series, Engineering AI for Daily Life. This installment explores how artificial intelligence is increasingly embedded in everyday products and services, from assisted search and messaging tools to healthcare wearables that monitor personal well-being. As AI capabilities expand across consumer and connected devices, engineers continue to design systems that make these technologies more useful, intuitive, and trustworthy in real-world applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260407524737/en/ This installment of Empowering Innovation Together explores how AI is increasingly embedded in everyday products and services, from assisted search and messaging tools to healthcare wearables
Umrah and Ziyarah Forum Concludes in Madinah with Landmark Achievements in Pilgrim Services7.4.2026 16:38:00 CEST | Press release
Under the generous patronage of His Royal Highness Prince Salman bin Sultan bin Abdulaziz, Governor of the Madinah Region, the third edition of the Umrah, Hajj, and Ziyarah Forum concluded its activities, marking a significant milestone in the Kingdom's mission to enhance the experience for the "Guests of Allah." This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260407456369/en/ Umrah and Ziyarah Forum Concludes in Madinah with Landmark Achievements in Pilgrim Services (Photo: AETOSWire) The final harvest of the forum resulted in exceptional numbers and a massive turnout, with more than 50,000 visitors flocking to the accompanying exhibition, which attracted over 150 exhibitors from global and local companies across an area exceeding 11,000 square meters. To enrich the knowledge aspect, the three days of the forum featured more than 160 speakers and trainers who contributed to discussions across 25 main sessions and 40 workshop
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
