Source: PreAct Technologies and ESPROS Photonics announcement
PORTLAND, Ore./SARGANS, Switzerland — PreAct Technologies, an Oregon-based developer of near-field flash LiDAR technology and ESPROS Photonics, a Swiss company leader in the design and production of time-of flight chips and 3D cameras, announced a collaboration agreement to develop new flash LiDAR technologies for specific use cases in automotive, trucking, industrial automation and robotics.
The collaboration combines the dynamic abilities of PreAct’s software-definable flash LiDAR and the versatile and ultra-ambient-light-robust time-of-flight technology from ESPROS to create next-generation near-field sensing solutions.
“Our partnership with ESPROS is a major milestone for our company in our goal to provide high performance, software-definable sensors to meet the needs of customers across various industries,” said Paul Drysch, CEO and co-founder of PreAct Technologies. “Looking to the future, vehicles across all industries will be software-defined, and our flash LiDAR solutions are built to support that infrastructure from the beginning.”
The automotive and trucking industries continue to rapidly integrate ADAS (advanced driver-assist systems) and self-driving capabilities into vehicles, and as NHTSA just announced the requirement for human controls in fully automated vehicles, the need for ultra-precise, high-performance sensors is paramount to ensuring safe autonomous driving.
The sensor solutions created by PreAct and ESPROS will address top ADAS and self-driving features such as traffic sign recognition, curb detection, night vision and pedestrian detection with the highest frame rates and resolution of any sensor on the market.
In addition to providing solutions for automotive and trucking, PreAct and ESPROS will show superior performance, functionality, and cost to the expanding robotics industry. According to a new report published by Allied Market Research, the global industrial robotics market size is expected to reach $116.8 billion by 2030. PreAct and ESPROS solutions will enable a wide range of robotics and automation applications including QR code scanning, obstacle avoidance and gesture recognition. They will also fill the void left for OEM robotic customers which emerged when key suppliers unexpectedly ceased offering 3D cameras to the market.
“We have extensive plans to demonstrate the incredible capabilities of our 3D chipsets with PreAct’s hardware and software. The ESPROS Pre-Act partnership ensures customers can benefit from the shortest possible time to market for advanced tools such as simulation. Our combined resources and expertise will allow us to enable groundbreaking products across every industry” said Beat DeCoi, President and CEO of ESPROS Photonics. “By combining our best-in-class TOF chips with PreAct’s innovation and drive, we will see great results with clients benefiting from this partnership.”