Introducing onocoy RTK service: The Future of Precision Positioning is Here
Zurich, Switzerland, August 14, 2024
*Press Release*
onocoy, the world’s first Hardware-agnostic Global GNSS High Precision Network based on a Horizontal Business Model powered by Blockchain technology launches onocoy RTK, a Global RTK Service.
onocoy is thrilled to announce the launch of onocoy RTK, its groundbreaking RTK (Real-Time Kinematic) service, a cutting-edge solution powered by blockchain technology that is set to transform high-precision positioning across a wide range of industries that require reliable high-accuracy positions anywhere and anytime.
This marks the debut of onocoy's first commercial product and the first global reference station network designed to be open and accessible to all applications and market players, both new and established. onocoy’s horizontally oriented business model fosters inclusivity and broad market participation, setting it apart as a leader in the field.
With onocoy RTK service, professionals and decision-makers in traditional sectors now have access to an innovative solution that meets their diverse high-precision positioning needs. Whether in agriculture, construction, robotics, or other industries, onocoy’s service promises to enhance operational efficiency, cost effectiveness, and reliability.
onocoy invites businesses and professionals from all sectors to explore the potential of onocoy RTK service and join in advancing the future of high-precision positioning technology.
Why onocoy RTK Matters:
Global Coverage: onocoy RTK offers instant, global coverage through a user-friendly platform. Reliable correction data whenever and wherever you need it.
Reliable Accuracy: onocoy is built on a decentralized model with rigorous data quality control. Data is thoroughly verified before distributing.
Innovative Pricing: Cost effectiveness without compromising quality. The subscription plan includes a low base fee and pay-per-use model, making it flexible and economic.
High Performance: Fast convergence times and high accuracy thanks to onocoy’s dense network of data sources. Precise and reliable correction data for optimal performance.
Easy Integration: Data is provided in a standardized RTCM format, ensuring straightforward integration with various systems, addressing both correction users and system integrators.
A New Era of Precision: onocoy RTK is tailored for industries that demand flexibility and reliability. Whether in agriculture, construction, mining, land management, robotics, or autonomous systems, our platform is designed to meet your needs with efficiency and ease.
Join us as we launch onocoy RTK and step into the future of high-precision positioning. For more information, visit our website or contact our press team at thomas@onocoy.com.
With onocoy RTK Service, we are addressing end user applications that require precise position. We are also developing further products to target the B2B market, offering access to station data and customized solutions.
About onocoy:
onocoy is a cutting-edge provider of high-precision GPS/GNSS data, co-founded by industry veterans Daniel Ammann and Thomas Nigg, who previously played key roles in building u-blox into a GPS industry unicorn. Leveraging blockchain technology and DePIN (Decentralized Physical Infrastructure Network) principles, onocoy offers a decentralized network that enhances existing GNSS infrastructure with unparalleled efficiency. With a total addressable market (TAM) for current applications in construction, precision agriculture, and surveying estimated at $250 billion by 2028, onocoy is poised to capture a serviceable obtainable market (SOM) of at least $100 million. As future applications in drones, autonomous vehicles, and infrastructure integrity emerge, the TAM is expected to reach $1 to $2 trillion by 2035, potentially propelling onocoy’s SOM to nearly $1 billion. onocoy’s platform is designed to overcome the traditional challenges of GNSS services, driving innovation and accessibility across multiple industries.