If you are looking to develop a project which requires a GPS receiver that is both low-cost and very accurate you might be interested in a new device which is launched on the crowdfunding Kickstarter website this week called the Piksi.

The Piksi GPS receiver has been created to provide users with centimetre level precision together with open source software and board design. Check out the video after the jump to learn more about the new GPS receiver and its capabilities.

Swift Navigation the creators of Piksi explain : "A regular GPS receiver, like you have in your cell phone, gives positions that are accurate to within a few meters. An RTK (Real Time Kinematic) GPS system gives positions that are 100 times more accurate – down to single centimeters. Piksi is an RTK GPS receiver with open source software that costs one tenth the price of any other available RTK system.

We designed Piksi with the belief that providing this level of positioning precision at a radically lower cost would open it up to a much wider range of applications. We are particularly excited about its use in autonomous vehicle systems. Civilian and hobbyist use of UAVs has increased dramatically over the last few years, yet highly accurate, low cost localization solutions are not available yet. We hope that Piksi will help to fill this gap and push the envelope of what is possible with these systems.”

The Piksi project is currently over on the Kickstarter website looking to raise enough pledges to make the jump from concept to production. So if you think Piksi is something you could benefit from, visit the Kickstarter website now to make a pledge and help Piksi become a reality.