LeddarTech adopts automotive software business model to support ADAS, AD solutions

KUALA LUMPUR, Oct 12 (Bernama) -- LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, announced it is adopting a business strategy that translates to greater financial and team resources dedicated to an automotive software business model.

“I am excited to announce the next stage of LeddarTech's evolution as a leader in automotive software for ADAS and AD applications,” said Chief Executive Officer of LeddarTech, Charles Boulanger.

“The LeddarTech team is excited and eager to move ahead on our path and have dedicated ourselves and our technical efforts to the ambitious yet attainable goal of being the most adopted sensor fusion and perception software solution in the market.”

For over a decade, LeddarTech has been at the forefront of developing sensing technology that has served the mobility, on-road and off-road markets worldwide.

For several years, the company has invested heavily in developing a one-of-a-kind raw data sensor fusion and perception solution.

This solution has received multiple awards and the attention of major global automotive Tier 1s and OEMs, according to a statement.

LeddarTech's fusion and perception software solution, LeddarVision™, is a high-performance, scalable, sensor-agnostic and auto-grade solution that delivers highly accurate 3D environmental models.

LeddarTech's use of raw data fusion detects very small obstacles on the road with better detection rates and fewer false alarms than legacy "object fusion" solutions. In addition, unclassified obstacles are also detected, providing an additional layer of safety to the vehicle.

More details at www.leddartech.com.

-- BERNAMA