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Advanced Navigation acquires ANU tech spin-out
Yolanda RedrupRich List co-editor
Artificial intelligence robotics company Advanced Navigation is set to acquire Australian National University spin-out Vai Photonics, which is in talks with NASA to use its navigation technology on the next moon landing, in a deal worth up to $40 million.
Both companies are developing technology to enable precise, autonomous navigation in difficult terrains where there is no GPS.
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