The foundation laying ceremony of ComNav building was held in JiaDing district, ShangHai
ShangHai, China, March 9, 2013—The foundation laying ceremony of ComNav building was held in JiaDing district, ShangHai. Invested around 100 million RMB (15 million USD), the ComNav building area is 26000m2. There will have four parts which is R&D, manufacturing, administrative area and living area. It is planned to complete in 2015. At that time the annual production ability will increase to 1 million unit receiver (or board) and one year production revenue could reach around 2 billion RMB (around 320 million USD). It will become the main base of China even world for GNSS products R&D and manufacturing.
“The building will enhance the ability of ComNav on the R&D and manufacturing, also it shows the determination of ComNav on the high accuracy GNSS industry.” says Dr Wang Yongquan the Chairman and CTO of ComNav.
ComNav Technology Ltd. is a world leading high accuracy positioning solutions supplier which focuses on the high accuracy GNSS core technology R&D, manufacturing and marketing. As the first Chinese high accuracy GNSS OEM board manufacturer and the world first company which could produce GPS+BeiDou OEM board, ComNav is dedicating to supply the reliable and competitive high accuracy GNSS solutions to worldwide customers.