Source: StradVision announcement SEOUL — StradVision, an AI-based vision processing company for autonomous vehicles (AV) and ADAS (advanced driver-assist systems), announced the opening of their second office in Germany, based in Dusseldorf. Further German expansion to enhance global OEM support…
Source: Technavio announcement NEW YORK — The autonomous vehicles (AV) market size is expected to grow by 20.22-million units from 2020 to 2025. The growth momentum of the market will decelerate at a compound annual growth rate (CAGR) of 22.12…
Source: Neural Propulsion Systems announcement PLEASANTON, Calif./MUNICH – Neural Propulsion Systems (NPS), a pioneer in autonomous-sensing platforms, today announced that Peter Löscher, former CEO of Siemens AG, has joined the NPS advisory board as an Executive Advisor. Löscher is recognized…
Source: Fact.MR announcement The automotive LiDAR market, which held a net worth of $430 million in 2020, is slated to surge to an estimated valuation of $3 billion by the end of 2031 according to a market study conducted by…
Source: Arbe Robotics announcement TEL AVIV — Arbe Robotics Ltd. (Nasdaq: ARBE), a global leader in next-generation Imaging Radar Solutions, announced that Alexander Hitzinger, former VW Group Senior Vice President of Autonomous Driving (AV) and a member of the management…
Source: Future Market Insights announcement LONDON — Over the period of 2022-2032, the automatic emergency braking (AEB) market is expected to grow at a CAGR (compound annual growth rate) of eight percent, exceeding $63,591.7 million by 2032 according to a study…
Source: Continental announcement AUBURN HILLS, Mich.– Continental’s MK C2 brake system and CoSmA digital access solution have been selected as finalists for a 2022 PACE Award by Automotive News, which annually recognizes the top innovation and technology advancements from automotive…
Source: Intel announcement SANTA CLARA, Calif. — What’s New: The Defense Advanced Research Projects Agency (DARPA) has awarded Intel Federal LLC with support from Intel Labs and its collaborators, the Computer Vision Center Barcelona, Spain, and the University of Texas…
Source: Nissan announcement YOKOHAMA, Japan – Nissan announced a new driver-assistance technology, which is currently in-development, that utilizes highly accurate, real-time information about the vehicle’s surrounding environment to dramatically enhance collision avoidance. At a Nissan facility here, a test vehicle…
Source: ZF announcement FRIEDRICHSHAFEN, Germany — ZF is set to launch a pioneering Collision Mitigation System (CMS) for city buses. Offering active braking to help avoid frontal collisions with other road users, including vehicles, bicycles and pedestrians, the system also…
Source: SEINSA Corporation announcement PAMPLONA, Spain — María Chivite, president of the Community of Navarra, Mikel Irujo, Minister of Economic and Business Development, and representatives of the automotive industry participated in the tribute to the Navarrese company SEINSA Corporation, for…
Source: Altra Motion post BRAINTREE, Mass — The rapidly growing demand for compact, battery-powered construction and agriculture equipment has created a highly competitive market environment for equipment original-equipment manufacturers (OEMs). Warner Electric, a global leader in electromagnetic brake technologies, is…
Source: SEINSA announcement MADRID — The Navarrese company Seinsa Corporation, celebrates 50 years of consolidated business trajectory as a leading European brake-parts producer and recognized as one of the most innovative companies in Spain. The tribute will take place Monday,…
DETROIT – General Motors (GM) believes driverless vehicles (AV)can provide the platform for future driver training without the presence of a “live” instructor in the vehicle. This is one of the first, if not the first, time an autonomous vehicle…
Source: Forecast Market Insights announcement LONDON — Over the forecast period of 2022-2032, the advance driver assistance system (ADAS) market is expected to grow at a CAGR of 9.6 percent to reach a valuation of $131,069.1 million by 2032, according…
Source: Bosch announcement STUTTGART, Germany – The development of self-driving cars (autonomous vehicles, AV) is regarded as the ultimate discipline for automakers. As one of the world’s biggest mobility providers, Bosch is a driving force behind the progress being made…
Source: NODAR announcement SOMERVILLE, Mass. — NODAR Inc., the leading provider of long-range 3D vision technology, announced it has secured $12 million in Series A funding led by global venture capital firm New Enterprise Associates (NEA) with participation from existing…
COVENTRY, U.K. — Pierre Garnier, Senior Manager – Head of Brakes Engineering for Jaguar Land Rover, recently discussed with The BRAKE Report his functions at the automaker as well as his thoughts about today’s automotive environment and how it is…
Source: Neural Propulsion Systems announcement PLEASANTON, Calif. – Neural Propulsion Systems (NPS), a pioneer in autonomous sensing platforms, issued a paper revealing that compelling new innovations enable vehicles with or without human supervision to see soon enough, clear enough and…
Source: Duke Pratt School of Engineering announcement DURHAM, N.C. – Even though robots don’t have eyes with retinas, the key to helping them see and interact with the world more naturally and safely may rest in optical coherence tomography (OCT)…
Source: StradVision announcement SEOUL & FRIEDRICHSHAFEN, Germany — StradVision, an AI-based vision processing technology company for autonomous vehicles (AV) and ADAS (advanced driver-assist systems), announced technology company ZF has acquired a six-percent stake in StradVision to expand the portfolio of…
Source: ATLAS-L4 project announcement MUNICH — MAN Truck & Bus, Knorr-Bremse, Leoni and Bosch are joining forces for greater safety, flexibility and efficiency in logistics. Together with automated logistics provider Fernride and test tool manufacturer BTC Embedded Systems, they aim…
Source: Mando Corporation announcement SEOUL — Mando Corporation, a company specialized in EV and autonomous driving solutions, was selected as a 2021 Supplier of the Year by General Motors (GM) Mando America Corporation, along with 134 suppliers from 16 countries,…
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,…
Source: Arbe Robotics Ltd. announcement TEL AVIV — Arbe Robotics Ltd. (Nasdaq: ARBE), a global leader in next-generation 4D Imaging Radar Solutions, announced former General Motors Radar Development Lead, Gonen Barkan, joined Arbe as Chief Radar Officer. Barkan will oversee…