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San Diego
Wednesday, May 22, 2024
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Portuguese Firm to Use Novatel Wireless’ Mobile Tracking Device

San Diego-based Novatel Wireless said recently that a Portuguese company will use Novatel’s MT 3050 mobile tracking device in an automotive telematics package.

The MT 3050 is similar to a GPS and a cellphone, carries internal antennas, and is used for machine-to-machine communications.

Quatenus, a Portuguese systems integrator, plans to combine the Novatel hardware with its frontend application platform and bundle it with machine-to-machine wireless service from Optimus, a Portuguese mobile operator.

The system may be used for fleet management or insurance monitoring.

Novatel stock trades on the Nasdaq. Its symbol is NVTL.

— SDBJ Staff Report

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