A method and apparatus for determining position and orientation enabling navigation of an object using image data from at least a first and a second 2D image from at least one camera mounted on said object. The method comprises the steps of: correcting images from one or several cameras and from at least a first and a second 2D image for their respective radial distortion and other measurable effects which result in poor image precision; matching 2D image items in and between at least a first and second 2D image; calculating a fundamental matrix by using correlated image points from at least a first and a second 2D image; calculating and extracting estimated first rotation and translation values from the fundamental matrix using single value decomposition (SVD) based on information from at least a first and a second 2D image; iterating more accurate final rotation and translation values by using the LevenBerg-Marquard algorithm and determining the position and orientation of said object.