NODAR Wins Informa Tech Automotive Award 2021

SOMERVILLE, Mass., Nov. 18, 2021 /PRNewswire-PRWeb/ -- NODAR, the leading provider of multi-camera 3D vision technology, was awarded the Informa Tech Automotive Awards 2021 for Startup of the Year.

The Informa Tech Automotive Awards, formerly known as TU-Automotive Awards, celebrates the best talent, products, and services across automotive technology.

"We are honored to be recognized by Informa as Startup of the Year," says Leaf Jiang, Chief Executive Officer of NODAR. "Winning this award further validates our approach. Reliable, high-resolution depth sensing is essential to the future of autonomous driving and NODAR aims to provide that for every vehicle."

NODAR's camera-based 3D vision software technology is a crucial component in the development of ADAS and autonomous vehicles bringing safety, advanced performance, and cost-effectiveness to the automotive market. Between 2025 and 2030 a projected 250 million vehicles will require L2 and above autonomy to understand their environment and provide the high-level of safety required as autonomous systems control more of the driving function.

NODAR's 3D vision platform, Hammerhead, delivers reliable, ultra-precise, and real-time 3D sensing at long-range (up to 1000 meters), providing LiDAR-quality at the price point of camera technology. Current vision systems use single cameras to infer size and distance, but can only determine distance to a small set of predefined objects such as cars and pedestrians, and these inference-based AI systems have not been accurate or reliable enough for driverless operations/L4 vehicles and higher. NODAR overcomes these limitations and enables any-object-detection by comparing perspectives from multiple cameras to create physical measurements of distance to each pixel in the scene.

For more information about the awards, please visit: https://wardsauto.informa.com/informa-tech-automotive-awards/

About NODAR
NODAR is the leading provider of camera-based 3D vision software technology and is a crucial component in the development of ADAS and autonomous vehicles bringing safety, advanced performance, and cost-effectiveness to the automotive market. NODAR's 3D vision platform delivers reliable, ultra-precise, and real-time 3D sensing at a long-range (up to 1000 meters), providing LiDAR-quality at the price point of camera technology. NODAR uniquely provides long-range, high-density, high frame-rate 3D data and can detect any object as small as 10cm at 150m range. Its high performance makes it an ideal solution for forward collision warning, path planning, automatic emergency braking, traffic jam assist, VRU detection, and parking valet. NODAR was founded in 2018 and backed by Rhapsody Venture Partners, Plug and Play Tech Center, and Cherrystone Angel Group. For more information, please visit http://www.nodarsensor.com.

Media Contact

DeeDee Rudenstein, Propel Strategic Communications, +1 (267) 521-9654, [email protected]

SOURCE NODAR