Source: StradVision announcement
SEOUL — StradVision, an AI-based perception processing technology company for autonomous vehicles (AV) and ADAS (advanced driver-assistance systems), and technology company ZF Group have announced the appointment of ZF’s Raj Vazirani to StradVision’s board of directors.
Vazirani brings 20 years of experience within the ADAS and autonomous-driving space, including prior background in the telecom industry. His current role at ZF is Director of Radar, Camera Products, Electronics Engineering and Computer Vision Architecture – where he leads engineering of ADAS sensors and central-hardware development – and his education background includes a Bachelor in Electronics Engineering from Mumbai University and attending the Ashridge Executive Management Program at INSEAD Business School.
“I am excited to join the board of StradVision as we work together to further develop our perception expertise, in particular for higher levels of L3 and L4 autonomy, to provide various mobility solutions,” said Raj Vazirani. “We look forward to future growth in the ADAS and AD space through world class AI-based perception technology.”
Vazirani’s new board appointment also elevates the recently established partnership between StradVision and ZF to accelerate the future of Autonomous Driving perception technology, which saw ZF acquire a six-percent stake in StradVision to expand the portfolio of autonomous driving perception software. In addition, the partnership has strengthened ZF’s global ecosystem for automated driving Level 3 and Level 4 systems.
“Our collaboration and strategic relationship with ZF have proven very beneficial as we both continue high ambitions for leading the perception space as well as the autonomous driving market,” said Junhwan Kim, CEO at StradVision. “We’re honored to have Raj Vazirani join our StradVision board, and we look forward to his collaboration, leadership and expertise as we continue to grow our global efforts.”
StradVision has seen major business growth over the past year, including its new local subsidiary opening in Michigan and second German-office opening.
The company’s SVNet powers the perception technology behind ADAS and autonomous driving, allowing vehicles to accurately detect and identify objects — such as other vehicles, lanes, pedestrians, animals, free space, traffic signs, and lights — even in poor lighting or harsh weather conditions.
StradVision’s SVNet software relies on deep learning-based perception algorithms, which requires a relatively small amount of memory and low power consumption.
To view the entire announcement, click HERE.