Manifest Space: Space-Enabled Precision and the GPS Bet with Trimble CEO Rob Painter 3/21/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 21 March 2024
⏱️ 24 minutes
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| 0:00.0 | Trimble is a leader in geospatial technology and a player in the Internet of Things. |
| 0:06.0 | It builds hardware and software and offers services to markets ranging from construction to agriculture to transportation. |
| 0:12.0 | Trimble's forte, space enabled, to to that are enabled by technology that's deployed from space, namely GPS. |
| 0:24.8 | The super set of GPS is known as GNSS or global navigation satellite system. |
| 0:29.3 | So many countries have their own satellites these days. The US was the first and the |
| 0:34.0 | first satellite launched back in 1978. Our first GPS receiver was sold in 1984. |
| 0:42.6 | And so when precision matters, like moving from that, |
| 0:45.6 | let's call it meter level accuracy to submeter, |
| 0:48.5 | down to centimeters, that's where Trimble shows up. |
| 0:51.0 | There's really, when precision matters, you want Trimble. Trimble shows up is really when precision matters you want Trimble. |
| 0:54.5 | Trimble CEO Rob Painter says the 46 year old company's origins stem from an ambitious bet that |
| 0:59.8 | GPS would have broader applications beyond the military. |
| 1:04.0 | Today, shares of TRMB trade at a multi-year high as investors bet on the digitization of |
| 1:09.8 | everything and the industrial tech companies delivering it. |
| 1:13.0 | On this episode, Painter breaks down the Trimble portfolio and the role of space in software applications on Earth. |
| 1:21.0 | I'm Morgan Brennan and this is Manifest Space. |
| 1:24.0 | Rob Painter, CEO of Trimble. |
| 1:30.0 | It's so great to speak with you today. |
| 1:31.0 | Thanks for joining me. |
| 1:32.0 | Hi Morgan, good to see you again. |
| 1:34.1 | All right, so I just want to start, |
| 1:35.4 | I just want to start at the beginning with the basics |
... |
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