L2

Ambarella Unveils Full Software Stack for Autonomous and Semi-Autonomous Driving, Optimized for its CV3-AD Central AI Domain Controller Family

Retrieved on: 
Tuesday, December 12, 2023

This leading-edge AD stack and Ambarella’s CV3-AD AI domain controller system-on-chip (SoC) family were designed in conjunction, so the stack runs optimally on the SoC’s CVflow® AI engines, minimizing power consumption and the processing load for its on-chip Arm cores.

Key Points: 
  • This leading-edge AD stack and Ambarella’s CV3-AD AI domain controller system-on-chip (SoC) family were designed in conjunction, so the stack runs optimally on the SoC’s CVflow® AI engines, minimizing power consumption and the processing load for its on-chip Arm cores.
  • Additionally, Ambarella’s stack provides a flexible implementation model, enabling automotive OEMs to leverage any or all of its modules in combination with their own software intellectual property.
  • In addition to its optimized AD software and hardware solutions, Ambarella provides automotive OEMs with a complete tool chain—both in-house and from ecosystem partners.
  • The new Ambarella AD software stack will be demonstrated via fully autonomous test drives at Ambarella’s invitation-only exhibition during CES in Las Vegas.

Primex Finance Deploys to Arbitrum to Enable Leverage on Its DEXs

Retrieved on: 
Monday, November 27, 2023

NY,NY, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Primex Finance , a non-custodial protocol for spot margin trading on DEXs, announces new deployment on Arbitrum One.

Key Points: 
  • NY,NY, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Primex Finance , a non-custodial protocol for spot margin trading on DEXs, announces new deployment on Arbitrum One.
  • Simultaneously, deploying the protocol to Arbitrum increases users' flexibility, enhances traders' and lenders' user experience, and enables the project to reach an expanded audience.
  • On the mission of unifying liquidity in the DeFi market, Primex connects lenders with traders to enable spot margin trading on existing decentralized exchanges.
  • As a key protocol feature, Primex Finance facilitates spot margin trading in the ecosystem with decentralized trade execution.

PLVision extends SONiC Lite’s compatibility list

Retrieved on: 
Wednesday, December 20, 2023

SONiC Lite, PLVision’s SONiC-based product designed for campus and edge deployments, has now extended its HCL (hardware compatibility list) to include Wistron switches.

Key Points: 
  • SONiC Lite, PLVision’s SONiC-based product designed for campus and edge deployments, has now extended its HCL (hardware compatibility list) to include Wistron switches.
  • SONiC Lite contains all essential SONiC features needed for most use cases, including L2 switching, L3 routing, and security.
  • PLVision is actively enhancing its product, expanding its hardware compatibility list, and adding more functionality.
  • We remain focused on vendor-neutrality and expanding of the SONiC use cases down to management and access switches with SONiC Lite.

LeddarTech Releases LeddarVision "Parking," a Fusion and Perception Software Stack for Premium ADAS L2/L2+ Automated Parking and Parking Assist Applications

Retrieved on: 
Wednesday, December 20, 2023

QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ - LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.

Key Points: 
  • QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ - LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.
  • LeddarTech proudly introduces LVP-H, the newest member of their award-winning LeddarVision family of automotive software solutions.
  • This comprehensive fusion and perception software stack and human-machine interface (HMI) visualization application programming interface (API) is purpose-built to enhance the parking experience, particularly for premium ADAS L2/L2+ automated parking and parking assist applications such as intelligent parking assist (IPA), remote parking assist (RPA) and maneuver assist (MA).
  • As pioneers in AI-based low-level fusion and perception for ADAS and AD applications, we're confident that the LVP-H will redefine benchmarks for automated parking and parking assist.

LeddarTech Releases LeddarVision "Parking," a Fusion and Perception Software Stack for Premium ADAS L2/L2+ Automated Parking and Parking Assist Applications

Retrieved on: 
Wednesday, December 20, 2023

QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ -- LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.

Key Points: 
  • QUEBEC CITY, Dec. 20, 2023 /PRNewswire/ -- LeddarTech ®, an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology for ADAS, AD and parking applications, is pleased to announce the launch of LeddarVision™ Parking (LVP-H) , its latest fusion and perception software stack for automated parking and parking assist.
  • LeddarTech proudly introduces LVP-H, the newest member of their award-winning LeddarVision family of automotive software solutions.
  • This comprehensive fusion and perception software stack and human-machine interface (HMI) visualization application programming interface (API) is purpose-built to enhance the parking experience, particularly for premium ADAS L2/L2+ automated parking and parking assist applications such as intelligent parking assist (IPA), remote parking assist (RPA) and maneuver assist (MA).
  • As pioneers in AI-based low-level fusion and perception for ADAS and AD applications, we're confident that the LVP-H will redefine benchmarks for automated parking and parking assist.

Pontem Launches Lumio, an L2 to Solve Ethereum Scalability and Usher in Web2-like Experience on Web3

Retrieved on: 
Tuesday, December 19, 2023

SINGAPORE, Dec. 19, 2023 /PRNewswire-PRWeb/ -- Pontem, a product development studio building Move and EVM-compatible products to enable a safer, more performant and developer-friendly Web3, announces the launch of Lumio, its L2 to solve Ethereum's scalability challenges and usher in a Web2-like experience on Web3 for millions of users. By leveraging high throughput chains like Aptos to sequence transactions, Lumio enhances transaction bandwidth while retaining the security and liquidity of Ethereum.

Key Points: 
  • SINGAPORE, Dec. 19, 2023 /PRNewswire-PRWeb/ -- Pontem , a product development studio building Move and EVM-compatible products to enable a safer, more performant and developer-friendly Web3, announces the launch of Lumio, its L2 to solve Ethereum's scalability challenges and usher in a Web2-like experience on Web3 for millions of users.
  • By leveraging high throughput chains like Aptos to sequence transactions, Lumio enhances transaction bandwidth while retaining the security and liquidity of Ethereum.
  • Lumio is a novel optimistic rollup based on the open source OP stack, which stands out in three significant ways.
  • Alejo Pinto, Co-founder of Pontem, said "The promise of a Web2-like experience on Web3 is becoming closer to reality thanks to the launch of Pontem's L2, Lumio.

BLINK CHARGING ANNOUNCES RECORD THIRD QUARTER WITH 152% REVENUE GROWTH TO $43.4 MILLION AND 167% INCREASE IN GROSS PROFIT

Retrieved on: 
Thursday, November 9, 2023

“EV adoption continues to grow as Blink builds a best-in-class charging infrastructure and provides equipment and services to an underserved market.

Key Points: 
  • “EV adoption continues to grow as Blink builds a best-in-class charging infrastructure and provides equipment and services to an underserved market.
  • Total Revenues increased 152% to $43.4 million for the third quarter of 2023 compared to the third quarter of 2022, an increase of $26.1 million.
  • Gross Profit increased 167% to $12.8 million, or 29.5% of revenue, in the third quarter of 2023, compared to gross profit of $4.8 million, or 27.7% of revenue, in the third quarter of 2022.
  • Operating expense in the third quarter of 2023 was $123.5 million compared to $29.3 million in the third quarter of 2022.

AltLayer rollups to now support Polygon CDK stack

Retrieved on: 
Thursday, December 14, 2023

SINGAPORE, Dec. 14, 2023 /PRNewswire/ -- AltLayer, the leading rollups infrastructure provider that accelerates scaling for Web3, has now become an implementation provider for Polygon CDK .

Key Points: 
  • SINGAPORE, Dec. 14, 2023 /PRNewswire/ -- AltLayer, the leading rollups infrastructure provider that accelerates scaling for Web3, has now become an implementation provider for Polygon CDK .
  • As an implementation provider, AltLayer will provide end-to-end support and tooling for those who wish to deploy a rollup using Polygon CDK.
  • We're thrilled to support the Polygon CDK stack, offering a highly performant and trustworthy DA layer to our rollup users.
  • In the coming months, each chain spun up via Polygon CDK can be highly interoperable with other Polygon CDK chains - making it extremely developer-friendly, and allowing a seamless flow of assets and messages across Polygon CDK rollups.

NodeKit Raises a $1.2M Pre-Seed Round led by Borderless Capital to Build a Shared Sequencer L1

Retrieved on: 
Wednesday, December 13, 2023

AMES, Iowa, Dec. 13, 2023 /PRNewswire/ -- NodeKit, the team developing SEQ, a shared sequencer L1, has raised $1.2M in a pre-seed round. The round was led by Borderless Capital with participation from Avalanche's Blizzard Fund, Polygon Ventures, Wormhole Cross-Chain Ecosystem Fund, and many angels (including key angel investors such as Avail's Anurag Arjun and BENQI's @hn_avax). The team is using the funding to help decentralize the next generation of rollups powered by SEQ.

Key Points: 
  • NodeKit's SEQ is a shared sequencer L1 designed to give a wide range of rollups more robustness, performance, uptime, and interoperability.
  • AMES, Iowa, Dec. 13, 2023 /PRNewswire/ -- NodeKit , the team developing SEQ, a shared sequencer L1, has raised $1.2M in a pre-seed round.
  • "Rollups desire a cost-effective, lightning-fast, decentralized sequencer to improve the quality of their users' experience.
  • Through SEQ, NodeKit introduces atomic composability and shared sequencing to the leading protocols bringing economic efficiency and true decentralization for cross-chain modularity."

L2 Aviation and Klatt Works announce MOU for the revolutionary aircraft Smoke Assured Vision Enhanced Display (SAVED) Safety System

Retrieved on: 
Monday, November 20, 2023

AUSTIN, Texas and SAN FRANCISCO, Nov. 20, 2023 /PRNewswire/ -- L2 Aviation, a leading supplier of global avionics services including engineering, certification, installation and manufacturing announced today a Memorandum of Understanding (MOU) with Klatt Works that sets the framework for certification and support of the newly developed Klatt Works SAVED system.

Key Points: 
  • L2 Aviation and Klatt Works team up to bring the innovative SAVED system to aircraft operators worldwide.
  • The Klatt Works SAVED system is a unique wearable system that adds augmented reality technology to existing pilot oxygen masks, displaying critical flight information.
  • "When we were looking for a certification partner for our SAVED system, we discovered an ideal partner with an excellent reputation in L2 Aviation," said Nate Klatt, Founder and CEO of Klatt Works.
  • L2's expertise and our revolutionary vision display system will enhance flying safety in critical visibility situations like few other products have before."