Argo AI

Overland AI Awarded $18.6 Million-ceiling Prototype OT to Develop Autonomous Navigation for U.S. Army’s Robotic Combat Vehicles

Retrieved on: 
Wednesday, April 3, 2024
Environment, DIU, Palantir Technologies, Risk, Artificial intelligence, Sand, Overdrive, GPS, Transport, Software, Defense Innovation Unit, Human, Robotics, Argo AI, RCV, Ice, RTX, SpaceX, Palmer Luckey, Marine Corps Expeditionary Medal, DARPA, Army, Medical device

The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).

Key Points: 
  • The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).
  • Experts from the U.S. Army and DIU selected Overland AI, along with Anduril Industries and Palantir Technologies, to begin prototyping for the Robotic Combat Vehicle’s Software Pathways line of effort.
  • While the other contractors will focus on developing systems integration software, Overland AI will adapt its proven OverDrive solution to prototype autonomous vehicles capable of traversing complex terrain in contested areas without GPS support.
  • Overland AI delivers state-of-the-art robotics and autonomous vehicle solutions for any terrain and any conditions.

LG Innotek CEO Moon Hyuksoo aims to be the top in ADAS sensing by using 'High Performance LiDAR'.

Retrieved on: 
Tuesday, April 9, 2024
LG Corporation, RADAR, Shortwave radio, Pedestrian, Infrared, Light, Electronics, DNA, ADAS, 3D, Advanced driver-assistance system, Argo AI, SWIR, Multimedia, Snow, Movement, Engineering, Weather, Surveying

On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.

Key Points: 
  • On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.
  • Thus, it is praised as having the highest performance among sensing components for vehicles.
  • To achieve this performance, LG Innotek applied shortwave infrared rays instead of near-infrared rays used in conventional LiDARs.
  • Last year, LG Innotek acquired 77 US patents related to LiDAR from 'Argo AI,' an autonomous driving startup company specializing in LiDAR.

LG Innotek CEO Moon Hyuksoo aims to be the top in ADAS sensing by using 'High Performance LiDAR'.

Retrieved on: 
Tuesday, April 9, 2024
LG Corporation, RADAR, Shortwave radio, Pedestrian, Infrared, Light, Electronics, DNA, ADAS, 3D, Advanced driver-assistance system, Argo AI, SWIR, Snow, Movement, Engineering, Weather, Surveying

On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.

Key Points: 
  • On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.
  • Thus, it is praised as having the highest performance among sensing components for vehicles.
  • LG Innotek developed a 'high-performance LiDAR' using its independent technology to overcome such limitations.
  • To achieve this performance, LG Innotek applied shortwave infrared rays instead of near-infrared rays used in conventional LiDARs.

Global Autonomous Vehicles Market Research Report 2023-2030 Featuring Alphabet, Amazon, Apple, Aptiv, Baidu, BMW, Mercedes-Benz, DidiChuxing Technology, Ford and, General Motors

Retrieved on: 
Wednesday, February 21, 2024
Unmanned aerial vehicle, Bev, EV, BEV, RADAR, Research, Traction, Partnership, Transport, ADAS, Level 3, Level 2, Communication, Carbon, Congestion, Safety, Ford, Argo AI, Automation, SAE, Volkswagen, Accident, ASIRT, A.I, Volvo, Environment, Pedestrian

Autonomous vehicles are a breakthrough technology in the automotive industry after the introduction of electric vehicles and hybrid vehicles.

Key Points: 
  • Autonomous vehicles are a breakthrough technology in the automotive industry after the introduction of electric vehicles and hybrid vehicles.
  • Government initiatives to support electric and hybrid cars are expected to propel the market for autonomous vehicles in the coming years.
  • In the expansive landscape of the global autonomous vehicle industry, passenger vehicles assert their dominance by claiming the largest market share.
  • Consequently, China has not only emerged as the most significant global market for electric vehicles but also as the leading producer.

HD Map for the Autonomous Vehicles Market to grow by USD 5.38 billion from 2022 to 2027, The rising adoption of cloud-based HD maps to Boost Growth - Technavio

Retrieved on: 
Tuesday, January 23, 2024
Cloud, Argo AI, TomTom, GIS, Build automation, Growth, HD, Geography, Cloud computing, GPS, Baidu, Information system, GeoJunxion, Intel, Map, Communication, ADAS, Original equipment manufacturer, L4, USD, SLAM, Toyota, Machine learning, Nvidia

Cloud platforms facilitate digital services like telematics in modern vehicles, enabling rapid development and management of new services for connected vehicles.

Key Points: 
  • Cloud platforms facilitate digital services like telematics in modern vehicles, enabling rapid development and management of new services for connected vehicles.
  • Company Landscape - The global HD map for autonomous vehicles is fragmented, with the presence of several global as well as regional companies.
  • The Global Autonomous Vehicles Market is projected to reach a value of USD 397.56 billion in 2027 with a CAGR of 38.45% between 2022 and 2027.
  • The Autonomous Vehicle Development Platform Market Size is estimated to grow at a CAGR of 30.94% between 2022 and 2027.

Summer Craze Fowler Joins Torc Robotics as the Chief Information Security Officer

Retrieved on: 
Tuesday, December 5, 2023
Computer security, Fowler, Motional, AI, Argo AI, CISO, Torc Robotics, Safety, Argo, Johns Hopkins, Robotics, Carnegie Mellon University, Senior, Medical device

BLACKSBURG, VA., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Summer Craze Fowler as the company’s Chief Information Security Officer (CISO).

Key Points: 
  • BLACKSBURG, VA., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Torc Robotics , an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, today announced the appointment of Summer Craze Fowler as the company’s Chief Information Security Officer (CISO).
  • Fowler brings more than two decades of experience developing and executing successful technical strategies that align with business goals and objectives.
  • In her role, she will collaborate with Torc leadership to develop a strategic security and risk management program, implement security policies and procedures, manage security technologies and oversee security-awareness training.
  • “Her wealth of experience in driving security operations and leading technical strategy aligns perfectly with Torc Robotics, and we are excited for Summer to join the Torc team.”
    For more information on Torc, please visit: www.torc.ai

Artificial Intelligence (AI) Market Size to Grow by USD 125.3 billion from 2022 to 2027 | The prevention of fraud and Malicious attacks to drive the market growth - Technavio

Retrieved on: 
Tuesday, November 28, 2023
Nvidia, Organization, Microsoft, Natural language processing, Baidu, Intel, Software, Weak artificial intelligence, Investment, Risk, AMD, Artificial intelligence, IBM, Fraud, Huawei, Alphabet Inc., Theft, Oracle Corporation, Siri, Algorithm, Intelligence, Qualcomm, USD, Machine learning, Library, Tesla, Inc., Component, IBM Watson, Deep learning, Argo AI, Apple Inc., Apple, Growth, AI, Denial-of-service attack, Education, Medical device, Video game, COVID-19, Health care, Geography

The AI sector experiences notable growth due to its role in preventing fraud and malicious attacks.

Key Points: 
  • The AI sector experiences notable growth due to its role in preventing fraud and malicious attacks.
  • By geography, the global artificial intelligence (AI) market is segmented into North America, Europe, APAC, South America, and Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global artificial intelligence (AI) market.
  • Artificial Intelligence (AI) Chips Market : The artificial intelligence (AI) chips market size is estimated to grow at a CAGR of 61.51% between 2022 and 2027.

LG Innotek Stuns the World with Groundbreaking EV Charging Technologies

Retrieved on: 
Thursday, October 19, 2023
EV, Patent, International, ADAS, Human, Via, LA, Intellectual property, Lidar, Acquisition, Light, Multimedia, LG Corporation, Growth, GE, Argo AI, EVS, IP, Advanced driver-assistance system, Pharmaceutical industry, Mobile phone, Surveying

LG Innotek (CEO, Jeong Cheol-dong) announced on 19th that it received three international standard essential patents on EV charging.

Key Points: 
  • LG Innotek (CEO, Jeong Cheol-dong) announced on 19th that it received three international standard essential patents on EV charging.
  • Via LA has so far only registered eight companies worldwide, including GE, Bosch, Siemens, and LG Innotek, as licensors in the EV charging sector.
  • The International standard essential patents LG Innotek was recognized for are charging control technologies (two patents) based on battery status data and a charging reservation technology (one patent).
  • LG Innotek is taking out patents for not just essential EV technologies but also autonomous driving technologies.

LG Innotek Stuns the World with Groundbreaking EV Charging Technologies

Retrieved on: 
Thursday, October 19, 2023
EV, Patent, International, ADAS, Human, Via, LA, Intellectual property, Lidar, Acquisition, Light, LG Corporation, Growth, GE, Argo AI, EVS, IP, Advanced driver-assistance system, Pharmaceutical industry, 3D printing, Surveying

LG Innotek (CEO, Jeong Cheol-dong) announced on 19th that it received three international standard essential patents on EV charging.

Key Points: 
  • LG Innotek (CEO, Jeong Cheol-dong) announced on 19th that it received three international standard essential patents on EV charging.
  • Via LA has so far only registered eight companies worldwide, including GE, Bosch, Siemens, and LG Innotek, as licensors in the EV charging sector.
  • The International standard essential patents LG Innotek was recognized for are charging control technologies (two patents) based on battery status data and a charging reservation technology (one patent).
  • LG Innotek is taking out patents for not just essential EV technologies but also autonomous driving technologies.

Luminar Reports Strong First-Quarter 2023 Business Update and Financials

Retrieved on: 
Tuesday, May 9, 2023
Other Manufacturing, Technology, Vehicle Technology, Automotive, General Automotive, Automotive Manufacturing, Software, Manufacturing, Hardware, Autonomous Driving, Vehicles, Car, Partnership, Mercedes-Benz, Argo, Q&A, Volvo, Original equipment manufacturer, Polestar, Argo AI, TPK, GAAP, Finance, IP, SOP, Public expenditure, Net, Acquisition, Annual report, Security (finance), Webcast, ADAS, Order book, Productivity-improving technologies, OEM, Celestica, Cryptocurrency, Risk management, Sales, Fine chemical, Automotive industry, Video game, Mobile phone, Broadcasting, Luminar

Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the first quarter of 2023.

Key Points: 
  • Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the first quarter of 2023.
  • Major 2023 Milestone Targets and Financial Guidance:
    Today, the company provided a progress report on its key business milestone targets and maintained financial guidance for the full year of 2023.
  • Top Three Critical Business Milestones to Achieve by Year-End 2023:
    The company reported progress on its business milestones for 2023.
  • Luminar exceeded its Q1 revenue guidance and maintains a strong balance sheet for accelerating business growth and reaching positive cash flow.