Advanced driver-assistance system

Himax Announces Strategic Investment in Obsidian Sensors to Revolutionize Next-Gen Thermal Imagers

Retrieved on: 
onsdag, maj 29, 2024

TAINAN, Taiwan and SAN DIEGO, May 29, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced its strategic investment in Obsidian Sensors, Inc. ("Obsidian"), a San Diego-based thermal imaging sensor solution manufacturer.

Key Points: 
  • TAINAN, Taiwan and SAN DIEGO, May 29, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced its strategic investment in Obsidian Sensors, Inc. ("Obsidian"), a San Diego-based thermal imaging sensor solution manufacturer.
  • Himax's strategic investment in Obsidian Sensors, as the lead investor in Obsidian’s convertible note financing, was motivated by the potential of their proprietary and revolutionary high-resolution thermal sensors to dominate the market through low-cost, high-volume production capabilities.
  • Thermal imaging sensors offer unparalleled versatility, capable of detecting heat differences in total darkness, measuring temperature, and identifying distant objects.
  • Traffic safety authorities in other countries are also following suit with similar regulations underscoring the trend and significant potential demand for thermal imaging sensors from Obsidian Sensors in the years to come.

Uhnder and HASCO ADAS BU Enter Agreement to Fast-track 4D Digital Imaging Radar Adoption in Production Vehicles

Retrieved on: 
torsdag, maj 16, 2024

AUSTIN, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- Uhnder and HASCO ADAS BU, have entered into an agreement to dramatically enhance Advanced Driver Assistance Systems (ADAS) by incorporating cutting-edge digital radar technology.

Key Points: 
  • AUSTIN, Texas, May 16, 2024 (GLOBE NEWSWIRE) -- Uhnder and HASCO ADAS BU, have entered into an agreement to dramatically enhance Advanced Driver Assistance Systems (ADAS) by incorporating cutting-edge digital radar technology.
  • This collaboration will significantly improve road safety for drivers, passengers, cyclists, and pedestrians alike using Uhnder’s digital imaging radar to set a new standard in performance as compared to today’s analog automotive radar.
  • “Uhnder’s digital radar represents a significant step forward in sensing technologies,” said Mr. Xie Bin , GM of ADAS BU, HASCO.
  • “HASCO ADAS BU is leading the automotive industry in innovating safety on the road,” said Max Liberman, VP of Sales and Marketing, Uhnder.

Kelso Technologies Inc. Financial Results for the Three Months Ended March 31, 2024

Retrieved on: 
tisdag, maj 14, 2024

The Company had income tax payable of $298,824 at March 31, 2024 compared to $10,024 at December 31, 2023.

Key Points: 
  • The Company had income tax payable of $298,824 at March 31, 2024 compared to $10,024 at December 31, 2023.
  • Total assets of the Company were $10,207,748 as at March 31, 2024 compared to $9,703,271 as at December 31, 2023.
  • Net assets of the Company were $8,021,489 as at March 31, 2024 compared to $8,720,248 as at December 31, 2023.
  • The Company had no interest-bearing long-term liabilities or debt as at March 31, 2024 or December 31, 2023.

Europe ADAS and Autonomous Sensor Maintenance Equipment Research 2024-2032 Featuring Prominent Vendors - ARaymond, Ficosa, Rochling, Motion Controls, Kautex Textron, Continental, Valeo, Kendrion - ResearchAndMarkets.com

Retrieved on: 
fredag, maj 24, 2024

The "Europe ADAS and Autonomous Sensor Maintenance Equipment Market: Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe ADAS and Autonomous Sensor Maintenance Equipment Market: Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.
  • The growing need for affordable and high-performing ADAS and autonomous sensor maintenance equipment is one of the major factors for the growth of the Europe ADAS and autonomous sensor maintenance equipment market.
  • Growth/Marketing Strategy: The Europe ADAS and autonomous sensor maintenance equipment market has been growing at a rapid pace.
  • Competitive Strategy: The key players in the Europe ADAS and autonomous sensor maintenance equipment market analyzed and profiled in the study include ADAS and autonomous sensor maintenance equipment providers that develop, maintain, and market ADAS and autonomous sensor maintenance equipment.

MOTER Technologies Joins Guidewire's Solution Ecosystem to Bring Insurers Enhanced Data Insights for Improved Pricing, Underwriting and Reduced Claim Costs

Retrieved on: 
tisdag, maj 14, 2024

LOS ANGELES, May 14, 2024 /PRNewswire-PRWeb/ -- MOTER Technologies (MOTER), a leader in leveraging next-generation Software-Defined Vehicle data for insurance analytics, and Guidewire (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that MOTER has joined Guidewire PartnerConnect as a global Solution alliance partner at the Access level. MOTER will be delivering integration accelerators for Guidewire customers.

Key Points: 
  • MOTER has joined Guidewire PartnerConnect as a global Solution alliance partner at the Access level.
  • Guidewire's accelerators reduce implementation time and effort for insurers, lowering project costs and time to market.
  • In addition, insurers can remain focused on customer service and the business of insurance rather than the IT work surrounding technical service integration.
  • MOTER Technologies will bring a unique offering to Guidewire InsuranceSuite customers, enabling them to avoid privacy and implementation challenges typically associated with the integration of a connected vehicle insurance program.

China Automotive Systems Reports 17.4% Increase in Earnings Per Share in the First Quarter of 2024

Retrieved on: 
tisdag, maj 14, 2024

We remain confident in our sales growth in 2024, despite a slight decline in the 2024 first quarter.

Key Points: 
  • We remain confident in our sales growth in 2024, despite a slight decline in the 2024 first quarter.
  • Net sales decreased by 2.0% to $139.4 million in the first quarter of 2024, compared to $142.2 million in the first quarter of 2023.
  • Interest expense was $0.3 million in the first quarter of 2024, compared to $0.2 million in the first quarter of 2023.
  • Diluted income per share was $0.27 in the first quarter of 2024, compared to net income per share of $0.23 in the first quarter of 2023.

AEye Announces Partnership with Leading Automotive Electronics and Vision Solutions Provider, LITEON

Retrieved on: 
torsdag, maj 9, 2024

Both companies will work together to supply AEye’s 4Sight™-based lidar products to automotive original equipment manufacturers (“OEMs”) who are focused on safety through automotive Advanced Driver Assistance Systems (“ADAS”).

Key Points: 
  • Both companies will work together to supply AEye’s 4Sight™-based lidar products to automotive original equipment manufacturers (“OEMs”) who are focused on safety through automotive Advanced Driver Assistance Systems (“ADAS”).
  • This is a logical collaboration as AEye continues to focus on its unique capital light business model, which leverages automotive Tier 1 partnerships to deliver AEye’s lidar solutions to OEMs through world-class pipelines.
  • Matt Fisch, AEye CEO, said, “We believe that LITEON is an ideal partner for us.
  • With over four decades of expertise in the automotive electronics industry, LITEON harnesses its core competencies in optoelectronics and power management to pioneer the future of automotive electronics.

SaverOne Expands its Collaboration with IVECO with its Vulnerable Road User Solution

Retrieved on: 
torsdag, maj 9, 2024

This follows the entry in March 2024 of an OEM collaboration agreement between SaverOne and IVECO to integrate SaverOne’s in-cabin safety technology within IVECO’s vehicles.

Key Points: 
  • This follows the entry in March 2024 of an OEM collaboration agreement between SaverOne and IVECO to integrate SaverOne’s in-cabin safety technology within IVECO’s vehicles.
  • SaverOne and IVECO will collaborate to define and develop the POC VRU solution for IVECO.
  • The new purchase order from IVECO marks another element in our mutual goal of enhancing road safety and protecting all road users.
  • Our solution aims to detect vulnerable road users, such as pedestrians and cyclists, based on their RF footprint, even in non-line-of-sight scenarios.

Aeonsemi Unveils Nemo™ Platform: Revolutionizing In-Vehicle Networking with Multi-Gigabit Ethernet

Retrieved on: 
onsdag, maj 8, 2024

Aeonsemi, a leader in high-speed Ethernet ICs, is entering the automotive market with the introduction of Nemo™, industry’s most complete IEEE 802.3ch compliant multi-Gigabit Ethernet chipset for In-Vehicle Networking (IVN) applications.

Key Points: 
  • Aeonsemi, a leader in high-speed Ethernet ICs, is entering the automotive market with the introduction of Nemo™, industry’s most complete IEEE 802.3ch compliant multi-Gigabit Ethernet chipset for In-Vehicle Networking (IVN) applications.
  • Ethernet has emerged as the technology of choice in automotive networking.
  • They rely on proprietary point-to-point SerDes technology due to the lack of high-speed, low-power, cost-effective asymmetrical Ethernet solutions.
  • For more information about the Nemo™ chipset and how it can transform in-vehicle networking, visit Aeonsemi's website or contact [email protected] .

IDTechEx Report: Illuminating the Future of Lidar in Automotive

Retrieved on: 
onsdag, maj 8, 2024

Among these, three-dimensional (3D) Light Detection and Ranging (Lidar) stands out, offering precise mapping capabilities through laser-based remote sensing.

Key Points: 
  • Among these, three-dimensional (3D) Light Detection and Ranging (Lidar) stands out, offering precise mapping capabilities through laser-based remote sensing.
  • The technology landscape of lidar is segmented into four areas: measurement process, emitter, beam steering mechanism, and receiver.
  • "Lidar 2024-2034: Technologies, Players, Markets & Forecasts" serves as a guiding light for industry players, investors, and technology enthusiasts navigating the complex terrain of LiDAR technology in automotive applications.
  • With unparalleled insights into market dynamics, technological advancements, and future trends, this report is an indispensable resource for those seeking to stay ahead in the transformative landscape of automotive LiDAR applications.