NovAtel Inc.

Alberta – Calgary – Calgary

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Headquartered in Calgary, Alberta, Canada, NovAtel Inc. is a
publicly traded company on the Nasdaq Global Select Market under the symbol "NGPS". For Investor Relations information, please
contact NovAtel at IR@NovAtel.ca .
NovAtel designs, markets and supports a broad range of products
that determine precise geographic locations using the Global
Positioning System ("GPS"). The system is comprised of 24 earth-
orbiting satellites that transmit radio signals 24 hours a day
worldwide. GPS receivers calculate the distance from the
satellites to the receiver and then use a triangulation
technique to determine exact geographical locations. GPS is
used for a variety of purposes, including navigating, tracking,
mapping and conducting geographical surveys.
NovAtel focuses on precise positioning GPS applications such as surveying, geographic information systems (GIS), aviation, marine, mining and machine control and precision agriculture, with technologically innovative products that are easy to use and integrate, are highly reliable and provide a high degree of accuracy.
Today, NovAtel is strengthening its leadership in the high-end GPS markets by continuing to introduce products that address industry needs and by maintaining responsive and flexible customer support.
Country of Ownership: Canada
Year Established: 1983
Exporting: Yes
Quality Certification: ISO 9001
Primary Industry (NAICS): 334512 - Measuring, Medical and Controlling Devices Manufacturing
Primary Business Activity: Manufacturer / Processor / Producer
Total Sales ($CDN): $50,000,000 +
Export Sales ($CDN): $50,000,000 +
Number of Employees: 246

Products:
Oemv gps engines, Waypointâ„¢ post-processing software for gps and inertial measurements, Gpsantennasâ„¢, Spanâ„¢ gps+inertial system, Dual-frequency galileo l1/e5a receiver, Waas, egnos, gagan, msas, snas, galileo aviation ground reference systems, Oemv gps enclosures, Drafting, surveying and mapping instruments, Radio navigation equipment, except airborne, Navigational instruments, Radio navigation equipment, airborne

Technology:
Satellite navigation is a fast growing, technologically sophisticated field, with potential applications in many different industries. The most common civilian applications to date have been land, air and marine navigation, and surveying. More recent applications include aircraft precision approach, robotics, IVHS (intelligent vehicle highway systems), construction, resource extraction, and geographic information systems (GIS). Developments in differential GPS (ground-based transmitters providing additional reference points) mean increased reliability and even more widespread possibilities.
NovAtel€™s patented Narrow Correlator tracking technology successfully challenged the notion that high precision was possible only with P-code tracking or dual frequency receivers.
NovAtel has been involved in the development of a navigation technique not forseen by the original planners of the GPS system – the use of differential navigation techniques, specifically €œRTK€? (€œReal Time Kinematic€?) which actually tracks and measures the wavelength of the RF carrier in order to obtain additional precision with the aid of a terrestrial differential correction signal. Its RTK survey technology permits positions accurate to 2 centimeters to be calculated, up to 20 times per second, enabling machine control and guidance applications ranging from agricultural tractor guidance to unmanned robotic helipcopter navigation. NovAtel now has over 26 patents issued for GPS and GNSS technology, with more pending.
Global Navigation Satellite Systems (GNSS) such as the US Global Positioning System (GPS), Russia€™s GLONASS or the emerging EU Galileo system are a satellite-based locating and navigating utility that determines a user's precise latitude, longitude and altitude by tracking signals from satellites. Depending on the type of receiver and certain other conditions, it is possible to achieve real-time position accuracies within meters or even centimeters, with position calculations several times per second.
All GNSS satellites send two signals: a carrier and a pseudo-random code. The signals are timed by an atomic clock in the satellite, and the GNS or GPS receiver generates a matching code timed by its own synchronized clock. The time it takes for the signals to reach the receiver indicates how far away the satellite is. This calculation is generally performed using the pseudo-random code signal, but for better precision, the carrier signal can be used instead. To make position calculations, GPS receivers use signals from four or more GPS satellites. The first three satellites are used to triangulate a position. The fourth is used to improve the position's accuracy by factoring in the time offset between the satellite system's clock and the GPS receiver's clock.
The re-emergence of the GLONASS constellation with a viable number of satellites, and the development and deployment of the EU€™s Galileo system promise that at almost any point on the earth€™s surface, there will be enough satellites to not only have a position, but a highly available position. The most advanced receivers will use signals from all constellations to give professional and commercial users a dependable, accurate, available position, 24 hours per day – something that hasn€™t been possible even with the full GPS constellation.
Applications requiring highly accurate and reliable positioning, such as photogrammetry, machine control and navigation in highly obstructed areas (cliff faces, urban canyons, under bridges) rely on what NovAtel calls €œGPS +€?: the use of GNSS satellite navigation plus an inertial sensor. As an example, during the DARPA Challenge race in October 2005, the winning vehicle €œStanley€? from Stanford University used a NovAtel SPAN system combining a Honeywell GH1700 ring-laser gyro inertial component and a NovAtel dual-frequency GPS receiver augmented with OmniStarâ„¢ correction signals . The 110 mile autonomous race required navigation through tunnels, near cliffs and on roads only three meters wide, with no intervention or guidance from an outside team except to save the vehicle (thereby disqualifying it from the race).

Sector:
Plant Information: Total Plant Size (Areas sq ft): 46,000 sq. ft.
Distribution of Employees
246

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