Schaeffler Group in challenging environment with strong cash flow in 2019

2020-03-10 | Herzogenaurach Revenue 2019 at prior year level despite demanding environment, EBIT margin before special items of 8.1 percent below prior year (9.7 percent) Schaeffler Group and divisions meet adjusted guidance Free cash flow before cash in- and outflows for M&A activities of 473 million euros increased considerably (prior year 384 million euros) Proposed… Continue reading Schaeffler Group in challenging environment with strong cash flow in 2019

Introducing the 5th-generation Waymo Driver: Informed by experience, designed for scale, engineered to tackle more environments

In order to navigate the complexities of driving – from the biker weaving and speeding through traffic on a foggy San Francisco morning, to the family pet rushing into the street to greet you at night – the Waymo Driver uses a comprehensive view of its surroundings and a detailed understanding of its environment to… Continue reading Introducing the 5th-generation Waymo Driver: Informed by experience, designed for scale, engineered to tackle more environments

Seeing is Knowing: Advances in search and image recognition train Waymo’s self-driving technology for any encounter

At Waymo, we use machine learning to detect and classify different types of objects and road features. The powerful neural nets that make up our perception system learn to recognize objects and their corresponding behaviors from labeled examples of everything our Waymo Driver encounters, from joggers and cyclists, to traffic light colors and temporary road… Continue reading Seeing is Knowing: Advances in search and image recognition train Waymo’s self-driving technology for any encounter

February 16th 2020 Press release LeddarTech Joins Ecosystem Partner Renesas Electr…

FIND THIS PRESS RELEASE IN MULTIPLE LANGUAGES ON GLOBE NEWSWIRE PORTAL

LeddarTech Joins Ecosystem Partner Renesas Electronics to Exhibit LiDAR Technology at AV20 Silicon Valley February 26-28

QUEBEC CITY, February 16 2020 – LeddarTech®, an industry leader in LiDAR technology providing the most versatile and scalable auto and mobility LiDAR platform, announces today that it will exhibit the result from the collaboration with its Ecosystem partner Renesas at the AV20 Silicon Valley Conference from February 26-28 at The Pullman San Francisco Bay. Over the years, this event has proved itself to be the premier exchange for industry leaders, engineers, customers, regulators, solution providers and academia to learn, share and connect on the latest roadblocks, regulations reform, innovative developments and future trends in the industry.

LeddarTech is excited to collaborate with Renesas and will demonstrate the award-winning Leddar™ Pixell, a 3D solid-state cocoon LiDAR for autonomous shuttles, delivery vehicles and robotaxis. The Leddar Pixell features the LCA2 LeddarEngine™, for which LeddarTech collaborated with Renesas. The teams worked closely in the design and manufacturing of the LCA2 SoC which when combined with the LeddarSP™ signal processing library creates the LCA2 LeddarEngine, which sets the standard for the design of integrated and customizable solid-state LiDAR solutions.

The LeddarEngine, optimized for automotive Tier-1 suppliers and system integrators to design and produce a variety of highly optimized solid-state LiDAR sensors which can be used in a multitude of ADAS and AV applications for the mobility and passenger car markets, will also be showcased.

In addition to LeddarTech’s technologies, Renesas will present the R-Car V3H SoC which delivers a combination of high computer vision performance and artificial intelligence processing at low power levels, providing an optimized embedded solution for automotive front cameras in Level 2+ autonomous vehicles combined with the LiDAR Obstacle Detection Software. The LOD software uses dedicated hardware accelerators for key algorithms including convolutional neural networks, to detect 3D objects, including cars and trucks.

“We believe strong strategic partners and industry collaborations deliver significant value and benefits to our customers in the auto and mobility markets by helping to reduce development risks and lower system costs while achieving the fastest time to market” stated Michael Poulin, Vice President of Product Management at LeddarTech. “Renesas has been a strategic partner of LeddarTech’s for many years, and we are very pleased to continue to build on this partnership again for AV20. We look forward to demonstrating our latest products, the Leddar Pixell as well as our LeddarEngine platform, which includes the LCA2 and LCA3 suite of SoC and Signal Processing Library at this event” Mr. Poulin continued.

“Renesas has always enjoyed an excellent collaborative relationship with LeddarTech”, stated Tomomitsu Maoka, Senior Vice President, Deputy General Manager of the Automotive Solution Business Unit at Renesas. “LeddarTech is world-renowned as a pioneer in LiDAR technology, and we look forward to continuing our relationship as we advance toward the deployment of even more ADAS and AD vehicles around the world”.

To arrange a meeting at AV20, please visit leddartech.com/av20conference

About Renesas Electronics Corporation

Renesas Electronics Corporation delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, home electronics, office automation, and information communication technology applications that help shape a limitless future. Learn more at renesas.com.

About LeddarTech

LeddarTech is an industry leader providing the most versatile and scalable auto and mobility LiDAR platform based on the unique LeddarEngineTM which consists of a suite of automotive-grade, functional safety certified SoCs working in tandem with proprietary LeddarSPTM signal processing software. The company is responsible for several innovations in cutting-edge mobility remote-sensing applications, with over 70 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

LeddarTech also serves the mobility market with solid-state high-performance LiDAR module solutions for autonomous shuttles, trucks, buses, delivery vehicles, and robotaxis. These modules are developed to support the mobility market but also to demonstrate the capabilities of LeddarTech’s auto and mobility platform as a basis for other LiDAR suppliers to build upon.

Additional information about LeddarTech can be found at www.LeddarTech.com, and LinkedIn, Twitter, Facebook, and YouTube.

Leddar, LeddarTech, LeddarEngine, LeddarSP, LeddarCore, and LeddarTech logos are trademarks or registered trademarks of LeddarTech Inc. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Download the PDF version of the press release

Download

Return to Latest News and Media Coverage

This website places cookies on your device to give you the best possible user experience. By using our websites, you agree to our cookies being saved on your device (unless you have disabled cookies in your settings). For more information, please read our Terms of Use and our Privacy policy.

I Agree

February 18th 2020 Press release LeddarTech Partners with COAST Autonomous at AV20…

FIND THIS PRESS RELEASE IN MULTIPLE LANGUAGES ON GLOBE NEWSWIRE PORTAL

LeddarTech Partners with COAST Autonomous at AV20 Silicon Valley from February 26-28, 2020 to Present and Demonstrate the Role of LiDAR in ADAS and Autonomous Driving Applications

QUEBEC CITY, 18th February 2020 — LeddarTech®, an industry leader in LiDAR technology who provides the most versatile and scalable auto and mobility LiDAR platform in the market, is set to return to California to showcase it’s multi-award winning LiDAR technology at Autonomous Vehicles Conference 2020 from February 26-28th, booth #5, at the Pullman San Francisco Bay.

AV20 provides the opportunity for mobility leaders from across the globe to connect, inspire, educate and collaborate on innovative developments and future trends in autonomous driving and mobility. This year we are pleased to announce that Frantz Saintellemy, President & COO of LeddarTech will join the stage with Pierre Lefevre, CTO of COAST Autonomous for their presentation, “Paving the Road From ADAS to Autonomy” which explores the ways in which solid-state 3D LiDAR solutions like the Leddar™ Pixell are the “Road Ahead” for autonomous driving. This presentation will take place on February 27th at 11.30 AM. LeddarTech will also be showcasing its award-winning LiDAR technology on the show floor at booth #5 from February 26-28th.

Click HERE to request a demo and to meet our team at AV20 at booth #5

“Partnerships in the mobility space such as the one between LeddarTech and COAST Autonomous highlight the importance of collaboration in the industry and AV20 exemplifies this ethos as it challenges the status quo in the automotive sector and broadens the ecosystem in which we operate”, stated Frantz Saintellemy of LeddarTech. “We are excited to be a part of AV20 as speaker and exhibitor as it allows us to share our knowledge and insights, to collaborate and to exchange ideas and concepts that will shape the future of this industry”.

“At COAST Autonomous, we understand the importance of having a comprehensive and complete field of view around our shuttles, and by integrating the Leddar Pixell 3D solid-state LiDAR solution onto our shuttles, we provide a solution that puts pedestrians first and gives cities back to the people”, said COAST Autonomous CTO, Pierre Lefevre. “We are again excited to share the stage with LeddarTech and to participate at AV20”.

AV20 Silicon Valley 2020 will gather together 300+ mobility experts; from Chief Product Officers, Chief Engineers, CEOs, to Heads of Safety for Autonomous Platforms, ADAS, and Autonomous Technology.

About COAST Autonomous

COAST Autonomous is a software and technology company focused on delivering AV solutions at appropriate speeds for urban and campus environments. COAST’s mission is to build community by connecting people with mobility solutions that put pedestrians first and give cities back to people. At the center of one of the fastest and most profound disruptions to impact the transportation and logistics industries, COAST has developed the full stack of Autonomous Vehicle (AV) software that includes mapping and localization, robotics and artificial intelligence (AI), fleet management and supervision systems. Partnering with proven manufacturers, COAST can provide a variety of vehicles equipped with its best-in-class software to offer Mobility-as-a-Service (MaaS) solutions to cities, theme parks, campuses, airports, and other urban environments. Based in Pasadena, California, COAST’s team is recognized for its experience and expertise in all aspects of implementing and operating AV fleets while prioritizing safety and the user experience. To learn how COAST Autonomous can help you power autonomous transportation in your environment, please visit www.coastautonomous.com.

Contact: Aimie Nghiem, Director of Program Development, COAST Autonomous

Tel: +1-626-838-2469 ANghiem@coastautonomous.com

About LeddarTech

LeddarTech is an industry leader providing the most versatile and scalable auto and mobility LiDAR platform based on the unique LeddarEngine™ which consists of a suite of automotive-grade, functional safety certified SoCs working in tandem with proprietary LeddarSP™ signal processing software. The company is responsible for several innovations in cutting-edge mobility remote-sensing applications, with over 70 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

LeddarTech also serves the mobility market with solid-state high-performance LiDAR module solutions for autonomous shuttles, trucks, buses, delivery vehicles, and robotaxis. These modules are developed to support the mobility market but also to demonstrate the capabilities of LeddarTech’s auto and mobility platform as a basis for other LiDAR suppliers to build upon.

Additional information about LeddarTech is accessible at www.LeddarTech.com, and on LinkedIn, Twitter, Facebook, and YouTube.

Download the PDF version of the press release

Download

Return to Latest News and Media Coverage

This website places cookies on your device to give you the best possible user experience. By using our websites, you agree to our cookies being saved on your device (unless you have disabled cookies in your settings). For more information, please read our Terms of Use and our Privacy policy.

I Agree

March 2, 2020 ViaVan and Stagecoach launch new on-demand transport service in Tees Valley The new service, Tees Flex, brings demand responsi…

March 2, 2020 ViaVan and Stagecoach launch new on-demand transport service in Tees Valley The new service, Tees Flex, brings demand responsive transport to the region, joining other services throughout the UK powered by ViaVan, including in London, Milton Keynes, Liverpool, Oxford, and Leicester. 2 March 2020 (TEES VALLEY, UK) — ViaVan, the joint venture… Continue reading March 2, 2020 ViaVan and Stagecoach launch new on-demand transport service in Tees Valley The new service, Tees Flex, brings demand responsi…

Northvolt completes equity capital raise to enable Europe’s first homegrown gigafactories for lithium-ion batteries

Volkswagen Group and Goldman Sachs Merchant Banking Division lead a $1 billion equity capital raise in Northvolt alongside BMW Group, AMF, Folksam Group and IMAS Foundation. With the European Investment Bank and additional lenders set to provide debt financing as a part of the total funding, the establishment of the initial 16 GWh of lithium-ion… Continue reading Northvolt completes equity capital raise to enable Europe’s first homegrown gigafactories for lithium-ion batteries

Enrollment of electrified, hybrid and gas vehicles increased by more than 50% in February

During the second month of the year, 16,303 vehicles of these types have been delivered in Spain, with an increase in car deliveries of 55.6% and 15,571 units. Plug-in electric and hybrid vehicles increase their deliveries in the month of February, with growth close to 117%. Madrid, March 2, 2020 – Enrollment of electrified, hybrid… Continue reading Enrollment of electrified, hybrid and gas vehicles increased by more than 50% in February

Bikes and scooters expanded dramatically in the past decade. The president of Ford’s scooter company reveals what’s next for the micromobility industry.

Shared bicycles and electric scooters have risen in popularity in the last few years. Now some of the companies that provide them are the topic of Fortune 500 acquisitions, a major focus of high-profile IPOs. The vehicles themselves have become ingrained into the fabric of cities big and small. There’s a long way to go… Continue reading Bikes and scooters expanded dramatically in the past decade. The president of Ford’s scooter company reveals what’s next for the micromobility industry.