Rostekhnologii agrees to set up JV to make inertial navigation sys

ZHUKOVSKY, Moscow Region, Aug 17 (PRIME) — Russias state-owned multi-industry holding Rostekhnologii on Wednesday signed an agreement to create a joint venture with French technology group Safran to produce laser inertial navigation systems.

No details on the agreement were provided.

Inertial navigation systems are designed to be used to designate a vehicles location without receiving signals from navigation satellites, according to Safrans Web site.

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