Global Positioning Augmentation Service Corporation (GPAS) Newly Established for Commercialization of Centimeter-level High-precision Satellite Positioning Service

Tokyo, June 14, 2017 --- Hitachi Zosen Corporation, Development Bank of Japan, DENSO Corporation, Japan Radio Co., Ltd., and Hitachi Automotive Systems, Ltd. today announced that they will establish a new company named Global Positioning Augmentation Service Corporation (GPAS) on June 15, 2017 in the form of a joint investment.