Inertial Labs has unveiled a new visual-aided inertial navigation system designed to keep aircraft on accurate flight paths even when GPS or GNSS signals are unreliable. This development is timely, as the U.S. Department of Transportation notes a rise in GPS signal jamming and spoofing incidents across North America and Western Europe, affecting both commercial and military sectors. Daily, there are approximately 700 instances globally, with conflict zones seeing the highest concentration of these events. For example, Lithuanian airspace has recorded over 800 GPS interference cases in the last three months of 2024. The communication and emergency services sectors, which depend on precise timing and geolocation, are also impacted.
The system, known as VINS, empowers Unmanned Aerial Vehicles to perform long-range missions in environments where GNSS signals are particularly challenging. VINS utilizes advanced 3D vision-based software from Maxar Raptor to accurately determine a vehicle’s 3D position. This is achieved by comparing onboard camera-captured patterns with the Maxar Precision3D satellite imagery maps, applying sophisticated Perspective and Point principles to ensure precise navigation.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Viavi Solutions Inc (VIAV, Financial) is $12.26 with a high estimate of $16.00 and a low estimate of $8.60. The average target implies an upside of 35.20% from the current price of $9.07. More detailed estimate data can be found on the Viavi Solutions Inc (VIAV) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Viavi Solutions Inc's (VIAV, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Viavi Solutions Inc (VIAV, Financial) in one year is $10.63, suggesting a upside of 17.2% from the current price of $9.07. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Viavi Solutions Inc (VIAV) Summary page.
