SOURCE: Swift Navigation

Swift Navigation

January 10, 2017 11:04 ET

Swift Navigation Co-Founders Colin Beighley and Fergus Noble Make Forbes 30 Under 30 Consumer Tech List

The list honors America's brightest young entrepreneurs, innovators and game changers in the field of Consumer Technology and 19 other industries

SAN FRANCISCO, CA--(Marketwired - January 10, 2017) - Swift Navigation, the San Francisco-based startup building centimeter-accurate GPS technology that will power a world of autonomous vehicles, is proud to announce that two of its co-founders, Fergus Noble (29) and Colin Beighley (28), have been honored in the 2017 Forbes 30 Under 30 Consumer Technology list. The list, which honors 30 young leaders in each of 20 different industries, is "the world's greatest roll call of young entrepreneurs and game-changers," according to Forbes. Acceptance into its consumer tech list is less than 4%, making it more competitive than getting into elite universities like Stanford or Harvard.

From self-driving cars and drones to precision agriculture and consumer robotics, Swift Navigation provides centimeter-accurate GPS for a future of autonomous vehicles to navigate the world. Swift Navigation delivers Real Time Kinematics (RTK) GPS that is 100 times more accurate than the GPS in a cell phone at a fraction of the price of the competition. With thousands of customers for its first two products, Piksi™ and Piksi™ Multi, the company has already experienced high demand for its low-cost, high-precision GNSS receivers.

"What an honor to be included on the Forbes 30 Under 30 list," said Fergus Noble, CTO and co-founder of Swift Navigation. "By developing GPS technology that has evolved from our working together in a barn in Santa Cruz in 2012, we are excited to be helping to shape the way that the world travels, works and innovates in the fields of transportation, surveying, robotics and agriculture, to name just a few of the exciting applications for our products. We're very grateful to Forbes for acknowledging our work and our commitment to the autonomous future."

Joked co-founder Colin Beighley, "Our only regret is that our third co-founder, Swift CEO Tim Harris, was born a few months too soon to be eligible for the award and aged out at the ripe-old age of 30. We dedicate this award to you, old man!"

For the sixth year in a row, Forbes read through hundreds of applications from young consumer tech innovators to create the 2017 30 Under 30 consumer tech list. Forbes' editorial staff initially chose a shortlist of about 40 candidates from the applications. These applicants' names were then sent to a panel of three judges for final selection. The judges this year included notable startup investors Steve Anderson of Baseline Ventures and Aileen Lee of Cowboy Ventures, as well as 30 Under 30 alum and Stripe co-founder John Collison.

ABOUT SWIFT NAVIGATION

Swift Navigation, Inc. provides centimeter-accurate real-time kinematics (RTK) GPS and GNSS positioning technology for autonomous vehicles, unmanned aerial vehicles (UAVs), precision agriculture, robotics, surveying, space applications and more. Its products deliver 100 times better accuracy than the GPS in a cell phone -- at a fraction of the price of the competition. By optimizing inexpensive off-the-shelf cell components with sophisticated software, Swift Navigation has already delivered radically less expensive and more flexible solutions to customers of its original Piksi™ GPS Receiver. Honored in Inc. Magazine's 2016 30 Under 30 List of Most Dynamic Young Entrepreneurs in America, Swift Navigation is enabling a world where fields farm themselves, drones fly safely and autonomous transportation can take you home. Visit the company online at www.swiftnav.com, or follow Swift on Twitter @Swiftnav

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