Latest news with #MikeHorton
United News of India
12-06-2025
- Business
- United News of India
Pioneering India's Geospatial Future: GEODNET Partners with CoinDCX to Launch GEOD Token in India
Bengaluru (Karnataka) [India], June 11: CoinDCX, India's largest crypto exchange, announces the listing of GEOD tokens on its platform. GEODNET, a global leader in decentralized high-precision geospatial solutions, is expanding its footprint in India through this strategic move. The listing marks a key milestone in bringing decentralized location intelligence to one of the world's fastest-growing and most dynamic markets. Founded by Mike Horton, GEODNET is revolutionizing the geospatial industry by providing real-time, low-cost, and highly accurate location data through a decentralized network. As the company accelerates its expansion in India, it aims to address key local challenges and unlock new opportunities across sectors such as agriculture, infrastructure, mobility, and autonomous systems. Expanding into India: A Market of Strategic Importance 'India's vast geography and population present a unique opportunity for geospatial innovation,' said Mike Horton, Founder of GEODNET. 'With limited commercial Real-Time Kinematic (RTK) services currently available, and strong partner interest from firms like Quectel Wireless Solutions, we see immense potential to bring precise, decentralized geospatial services to urban and rural areas alike.' Driving Use Cases Across Industries GEODNET's technology is poised to benefit several critical sectors: Surveying and Drones: Enabling accurate mapping and terrain modeling to support infrastructure and urban planning. Precision Agriculture: Helping farmers optimize resource use and increase crop yields through detailed geospatial data. Mobility Solutions: Facilitating autonomous driving technologies, including self-driving tractors, e-scooters, and rideshare fleets requiring precise navigation. Supporting National Initiatives Aligning with India's National Geospatial Policy, GEODNET is actively working to build infrastructure that complements government efforts in both public and private sectors. The decentralized nature of GEODNET's network enables broad coverage, including rural areas, incentivized through token rewards and advanced deployment strategies like SuperHex to meet localized data demands. Collaborations and Community Engagement GEODNET is forging partnerships with drone companies, research institutes, and Web3 organizations to deepen its impact. The company's tokenomics model incentivizes contributors globally, with tailored rewards for Indian participants to encourage network growth. 'Our collaboration with CoinDCX and Levitate Labs has been instrumental,' Horton noted. 'Levitate Labs, a leading India-focused Web3 fund, has supported our expansion through community-building initiatives such as Onchain India, university programs, and support for emerging DePIN projects, helping us connect with India's vibrant blockchain ecosystem.' How Indians Can Participate Indian investors and technology enthusiasts can join the GEODNET journey by acquiring GEOD tokens on CoinDCX. This partnership underscores GEODNET's commitment to fostering decentralized, tokenized infrastructure that empowers India's digital and geospatial future. For information, please visit or
Yahoo
11-06-2025
- Business
- Yahoo
Exclusive: Geodnet CEO Mike Horton on blockchain-powered GPS
Exclusive: Geodnet CEO Mike Horton on blockchain-powered GPS originally appeared on TheStreet. In a world where GPS often means 'good enough,' Geodnet is aiming for precision — down to the centimeter. In a conversation with TheStreet Roundtable's host Malak Albaw, Geodnet co-founder and CEO Mike Horton broke down how his company is doing more than building infrastructure. It's laying the groundwork for a decentralized, blockchain-incentivized GPS network that actually works where it matters — in farms, fields, and even future robot highways. 'We're not just improving location accuracy — we're rewriting how global positioning systems should work,' Horton said. Geodnet is built on a network of over 7,000 GNSS reference stations — what the team calls 'satellite miners.' These geodetic-grade antennas provide Real-Time Kinematic (RTK) correction data to users, enabling 1–2 cm precision, a massive leap from standard GPS. The twist? It's powered by blockchain. 'Station operators earn GEOD tokens when they send us high-quality correction data,' Horton explained. 'It's a performance-based incentive — better data, better rewards.' This model isn't just gamified infrastructure — it's a real economic system where accuracy pays. While Geodnet incentivizes supply with tokens, it's also seeing growing enterprise demand. Over 20,000 clients, including U.S. government agencies like the USDA, pay to access Geodnet's correction service. With subscription fees ranging from $2,000–$5,000/year, Horton says customers using Geodnet are seeing a 50%+ cost reduction compared to traditional correction providers like Trimble. 'We're not undercutting — we're optimizing,' Horton said. 'We're leveraging decentralization to make premium services more accessible.' Geodnet is part of a broader DePIN (Decentralized Physical Infrastructure Networks) trend. In a space often plagued by speculation, it stands out for doing the opposite — turning tokens into incentives for real-world infrastructure. 'DePIN isn't just a buzzword. It's what happens when blockchain gets its hands dirty and starts building things that actually matter,' Horton said. Exclusive: Geodnet CEO Mike Horton on blockchain-powered GPS first appeared on TheStreet on Jun 10, 2025 This story was originally reported by TheStreet on Jun 10, 2025, where it first appeared. Sign in to access your portfolio
Business Upturn
23-05-2025
- Business
- Business Upturn
Quectel Partners With GEODNET to Deliver RTK Correction Services, Ensuring Centimeter-Level Positioning Accuracy for Mass Market Applications
VANCOUVER, British Columbia: Quectel Wireless Solutions, a global IoT solutions provider, has partnered with GEODNET to deliver Quectel's Real-Time Kinematic (RTK) Correction Services, enabling high-precision positioning for IoT applications. This partnership allows Quectel to deliver bundled solutions that combine its RTK modules and antennas with GEODNET's RTK network, setting a new benchmark in the high-precision GNSS market. These solutions are designed to support a wide range of mass-market applications, including consumer robotics, sports, automotive, micro-mobility, precision agriculture and mining. Quectel's RTK Correction Services are built to deliver exceptional accuracy and reliability and designed to deliver centimeter-level positioning accuracy that significantly surpasses the performance of traditional GNSS solutions. The partnership with GEODNET means that Quectel can tailor solutions that are optimized for specific applications, enabling equipment manufacturers to easily navigate around the complexities of RTK when selecting a total solution for their specific use case. GEODNET's network has over 15,000 registered stations supporting all frequencies and constellations. It also offers consistency across the network with every site utilizing the same triple-band equipment. This uniformity allows customers to design and test in one country and seamlessly deploy in another, a significant advantage over competitors that often have a varied range of equipment leading to inconsistent performance and reliability. 'We are excited to partner with GEODNET in delivering our RTK Correction Service partnership program, which represents a significant leap forward in high precision positioning technology,' commented Brandon Oakes, Director of GNSS and Short range, North America, Quectel Wireless Solutions. 'The consistency that GEODNET offers enables us to provide our customers one-stop-solutions that fit the best into their use cases, this program will help drive quick adoption – alleviating many of the complexities that have prevented RTK from becoming the go-to technology for high precision location services.' GEODNET's network is not only expansive but also IoT-friendly, offering competitive pricing that makes high-precision GNSS accessible to a broader audience. The partnership will also feature a free 60-day trial with Evaluation Kit (EVK) kits, allowing potential customers to experience the capabilities of the combined technologies firsthand. 'The core GEODNET engineering team has collaborated with Quectel's GNSS team for over five years. We're proud to formalize this partnership, bringing broad Correction Service support across Quectel's entire GNSS module product line,' said Mike Horton, Project Creator GEODNET. The Quectel RTK global solution enables consistent compatibility and performance over multiple regions and is compatible with Quectel's range of high performance GNSS RTK quad band modules, including the LG290P, LG580P and LG680P, facilitating simple worldwide adoption and deployment. All three modules deliver ultra-high performance for the most demanding applications, ensuring exceptional RTK availability and quality even in challenging environments. Providing the centimeter-level accuracy needed to ensure the precision required for applications such as precision agriculture, robotic lawn mowers, surveying and personal robots, the module also delivers superior coverage that supports base stations from greater distances, ensuring reliable performance. The solution also supports the LC29H series — a dual-band, multi-constellation, high-precision GNSS module designed to deliver centimeter- and decimeter-level positioning accuracy with high performance and power efficiency to meet evolving market demands. In addition, Quectel delivers a full-stack service offering, encompassing 360-degree engineering support, precision antenna provisioning, and tuning services. This integrated approach enables customers to streamline development cycles, minimize integration challenges, and achieve optimal RF performance for faster, more efficient time-to-market. More information on Quectel's RTK Correction Service can be found here. About Quectel Quectel's passion for a smarter world drives us to accelerate IoT innovation. A highly customer-centric organization, we are a global IoT solutions provider backed by outstanding support and services. Our growing global team of 5,600 professionals sets the pace for innovation in cellular, GNSS, satellite and Wi-Fi and Bluetooth modules as well as antennas and services. With regional offices and support across the globe, our international leadership is devoted to advancing IoT and helping build a smarter world. For more information, please visit: LinkedIn, Facebook, and X. About GEODNET GEODNET is a highly reliable, Web3 RTK Network that uses DePIN principles. Using only a low data rate network connection, Real-Time Kinematics enables a 100x improvement in position accuracy as compared to standalone GPS. GEODNET's global network of RTK stations complement on-device sensors such as Cameras, LiDAR, and IMU's to power AI-based Autonomous Systems with accurate real-time 3D localization. For more information: GEODNET White Paper Website Dune Dashboard Twitter
