HYFIX

Santa Clara, California

Classification

Private

About

About

HYFIX (HYFIX Spatial Intelligence, Inc.) is a semiconductor and technology company founded in 2022 by Mike Horton, with its headquarters located in Santa Clara, California. The company specializes in the development of low-cost, high-precision positioning solutions and custom silicon designed for autonomous systems, such as drones and robotics. HYFIX aims to replace fragmented hardware stacks with a unified, American-made system-on-a-chip (SoC) architecture that integrates flight control, centimeter-level positioning, and secure communications. By leveraging decentralized networks like GEODNET, the company provides resilient, real-time kinematic (RTK) technology that operates effectively even in GPS-degraded environments. Business/Product Breakdown HYFIX Spatial Intelligence, Inc. offers a comprehensive platform of embedded software, hardware, and custom silicon tailored for the next generation of autonomous vehicles and IoT applications. The company's product lines include the MobileCM and EmbedCM series, which utilize modern dual-band GNSS chipsets to deliver low-cost, centimeter-accurate positioning. A central component of its offering is the HYFIX Autonomous Systems Chip, a highly integrated SoC that consolidates flight control, GNSS positioning, wireless communications, and onboard intelligence into a single low-power platform. This technology natively integrates with the GEODNET network, a decentralized community-powered network of geodetic-grade base stations that enables rapid RTK convergence and high-accuracy data streams for surveying, mapping, and industrial robotics. In addition to its silicon and software suites, HYFIX manufactures and distributes high-precision hardware including MobileCM Base Stations and MobileCM Rovers. These plug-and-play base stations act as blockchain-verified geodetic sensors, allowing users to establish their own GNSS reference points or subscribe to GEODNET's global RTK services. The company also provides specialized modules such as the GEO-PULSE navigation enhancer and various multi-platform stations used in climate research, e-mobility, and secure geolocation. Through its EmbedCM SDK, developers can implement RTK, UDR (Un-tethered Dead Reckoning), and ADR (Automotive Dead Reckoning) algorithms across diverse platforms, supporting widely used open-source ecosystems like ROS 2 and PX4.

Financials

Revenue & Profit

Revenue
Profit (N/A)

Valuation

Valuation

Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private

News

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