Grand Rapids, Michigan – May 29th, 2018 – Shanghai based GNSS technology and solution company, Shanghai Huace Satellite Navigation Technology Ltd. (“CHC Satellite”) is pleased to announce it has entered into a letter of intent to acquire the business assets and personnel of AMW Machine Control Inc. (“AMW”) and to form a new business called AMW Machine Control Solutions Inc. (“AMW Solutions”).
AMW brings over 30 years of advanced topographical design software, machine guidance, machine control and GNSS knowhow, having been early innovators in the field since 1985. With innovative topo and machine control software solutions known as Dirt, Ditch, Road and Pipe, among others, AMW Solutions will offer cost effective solutions designed for equipment operators. In June, AMW Solutions will launch its first in a series of new Android Apps as it migrates all its products to cost effective, wireless, CHC Android industrial tablets.
CHC Satellite is a wholly owned subsidiary of Shanghai Huace Navigation Technology Ltd (“CHC Navigation”). CHC Navigation is in its 15th year as a leading innovator of GNSS technology and solutions. As a publicly-listed company, it currently has a market cap of approximately $1 billion. CHC Navigation will supply best in class industrial tablets, GNSS receivers, heading sensors and accessories to enable AMW Solutions to offer complete turn key solutions to its dealers and OEMs. CHC Navigation has been recognized as a top technology firm and global player in the global positioning space and holds numerous patents of its industry-leading technology.
CHC Satellite intends to make a significant investment to grow the AMW Solutions business into a global machine control powerhouse, with products catering to small, medium and large enterprise farming and construction equipment users. Advanced topographic design software and grade checking products will also be sold.
“We are very happy to combine our current business with industry-leading CHC Navigation. Our customers will love the new Android based solutions, which have been developed from the ground up to be intuitive to use and wireless wherever possible. With standardized hardware and best in class equipment, AMW Solutions will be able to better support our existing customers and to attract new customers”, said Mark Williams, founder of AMW. “AMW has been collaborating with CHC Navigation for many years, so we are pleased to create this new Solutions business combining the strengths of both our companies”, stated George Zhao, founder of CHC Navigation.
About AMW Machine Control Inc.
A US based company with its head office near Grand Rapids, Michigan. The AMW team combine their many years’ experience in the construction and agriculture industries as well as with GNSS Survey and Heavy Equipment technologies applying their application knowledge to create innovative and robust products at competitive prices and great user experiences. They understand that it takes reliable products, great service and support to build the confidence in their dealers and equipment users.
About Shanghai Huace Satellite Navigation Technology Ltd.
CHC Satellite is a subsidiary of Shanghai, China based CHC Navigation, a GNSS positioning technology and products company who went public on the Shenzhen Stock Exchange in March 2017. CHC Navigation has been growing at over 40% per year and quickly becoming a global business with offices around the world. Their vision is to become the World Leader in High Accuracy Satellite Positioning Solutions through innovative solutions and support.
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