Advanced Navigation acquires CGA tech spin-out
Artificial intelligence robotics company Advanced Navigation is set to acquire ANU spin-out Vai Photonics, founded by CGA researchers Lyle Roberts and James Spollard. The ANU spin-out is in talks with NASA to use its navigation technology on the next moon landing project, in a deal worth up to $40 million, slated for 2024.
Vai Photonics’ technology has been in development for more than 15 years at ANU, but it was spun out as a business in 2021.