Deere's Unit Launches Software - Analyst Blog


NavCom Technology, Inc., a unit of Deere & Company ( DE ), has introduced new software for its Sapphire-based receivers. The software including the SF-3050, SF-3040, and LAND-PAK will help customers to improve productivity.

The multi-frequency GNSS (Global Navigation Satellite System) receivers are now able to support NavCom's new StarFire Rapid Recovery feature. Other new features include support for proprietary GLONASS RTK correction messages from third party base stations and a new web server interface for the SF-3050.

Earlier, users would have to wait for 45 minute pull-in delay when they lost the GNSS signal caused by shading, bridges or other similar constraints. But now, GNSS receivers, using the GPS and GLONASS system, will allow users to quickly regain StarFire accuracy after short GNSS signal blockages.

StarFire Rapid Recovery will help customers ride through signal outages of up to 3 minutes and regain the 5 centimeter (cm) StarFire accuracy within 2 minutes after entering the StarFire mode.

NavCom is a leading provider of advanced GNSS products for original equipment manufacturers, value added resellers, and system integrators needing high performance RTK systems and global five centimeter level GNSS satellite corrections. It will increase the maximum possible uptime for its users by StarFire Rapid Recovery. The release of new software is in line with Deere's commitment of continued investment in new products.

Moline, IL-based Deere is engaged in the production and distribution of agricultural and forestry equipment, construction equipment and engines worldwide. The company sells products in the U.S. and Canada through branch offices as well as through distributors and dealers for the resale of products internationally.

Deere currently holds a Zacks Rank #3 (Hold).

Other stocks in the industrial products sector with a favorable Zacks Rank are AGCO Corporation ( AGCO ), Alamo Group, Inc. ( ALG ) and CNH Global NV ( CNH ). All retain a Zacks Rank #2 (Buy).

AGCO CORP (AGCO): Free Stock Analysis Report

ALAMO GROUP INC (ALG): Free Stock Analysis Report

CNH GLOBAL NV (CNH): Free Stock Analysis Report

DEERE & CO (DE): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Business , Stocks

Referenced Stocks: AGCO , ALG , CNH , DE

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