OSRAM Signs Provide and Business Agreement With LeddarTech for Automotive LiDAR and ADAS

QUEBEC Metropolis and MUNICH, Germany, Jan. 20, 2021 (World NEWSWIRE) — LeddarTech ®, a worldwide chief in Level 1-5 ADAS and Advert sensing technology and OSRAM, the worldwide chief in automotive lighting and laser systems, are happy to announce they have entered into a long-time period agreement. LeddarTech will provide their marketplace-foremost LiDAR hardware and software package factors into OSRAM’s PERCEPT™ LiDAR platform.

The PERCEPT LiDAR platform is the 1st flexible strong-condition LiDAR system engineered with a demanding aim on industrialization and automotive qualification. In a obvious Tier 2 role, OSRAM needs to provide a mid- to very long-selection system to OEMs, Tier 1s, and process integrators that can be tailored for their specific application.

This partnership targets to supply the industry’s initially automotive-quality ADAS and inevitably thoroughly autonomous driving systems at mass-sector pricing.

“Early in 2017, OSRAM acknowledged LeddarTech’s promising technological LiDAR tactic based mostly on exceptional software and hardware elements and as a result invested $70 million to turn into a significant shareholder,” reported Dr Olaf Berlien, CEO of OSRAM Licht AG. “Since then, we have dedicated above $70 million additional on building LiDAR products and solutions, which has permitted OSRAM to give LiDAR alternatives to Tier 1s and OEMs that meet their expense and overall performance necessities for mass deployment.”

OSRAM’s PERCEPT LiDAR integrates LeddarTech’s LeddarEngine™, which is comprised of a family members of really built-in system-on-chips and relevant LiDAR measurement software that are ISO 26262 and appreciably minimizes system price tag and advancement time. Blended with OSRAM’s laser solutions and optical module design and industrialization experience, the PERCEPT LiDAR platform is the most adaptable and highest general performance LiDAR obtainable at a price that can enable quantity deployment of ADAS programs integrating LiDAR.

OSRAM and LeddarTech will also collaborate to deliver perception software program remedies that supply an enhanced 3D environmental model applying the PERCEPT LiDAR. These options will be dependent on LeddarTech’s notion know-how, like uncooked facts sensor fusion. This technologies further contributes to produce increased and price-effective ADAS methods by way of the fusion of cost-successful LiDAR, cameras, and radar and with decrease overall process computing electrical power.

“LeddarTech is honored by the commitments expressed by OSRAM, 1 of the most respected and by considerably the most significant lighting automotive suppliers in the environment. OSRAM’s existence promoting into every major OEM with the PERCEPT LiDAR system will transform the automotive industry and help mass deployment of ADAS programs, primary to a noticeably safer and vastly enhanced person experience,” said Mr. Charles Boulanger, CEO of LeddarTech. “OSRAM is one particular of the most highly regarded automotive suppliers for optical programs and is positioned to be one particular of the top suppliers of automotive LiDAR methods.” Mr. Boulanger ongoing: “LeddarTech’s abilities in LiDAR, sensor fusion, and perception technology, combined with OSRAM’s industrialization competencies and their monitor report in providing hugely responsible and good quality automotive modules, is destined to be the product of a profitable partnership for the field.” Mr. Boulanger concluded that he thinks that the Tier 1 automotive suppliers, supported by technology companies these as LeddarTech, will dominate the sector for LiDAR sensing units just as they have with radar and other sensing platforms.

About OSRAM

OSRAM, centered in Munich, is a leading global higher-tech corporation with a historical past relationship back extra than 110 several years. Principally focused on semiconductor-based mostly systems, their solutions are employed in really diverse programs ranging from digital fact to autonomous driving and from smartphones to sensible and related lighting options in properties and towns. OSRAM uses the limitless choices of gentle to boost the excellent of life for men and women and communities. OSRAM’s improvements empower folks all around the globe not only to see improved, but also to connect, travel, get the job done, and reside greater. OSRAM had approximately 21,000 staff members around the globe as of stop of fiscal 2020 (September 30) and generated profits of all-around 3 billion euros from continuing pursuits. The firm is mentioned on the stock exchanges in Frankfurt and Munich (ISIN: DE000LED4000 WKN: LED 400 buying and selling image: OSR). Extra facts can be discovered at www.osram.com.

About LeddarTech

LeddarTech is a leader in environmental sensing platforms for autonomous cars and highly developed driver help devices. Launched in 2007, LeddarTech has evolved to become a in depth stop-to-close environmental sensing organization by enabling prospects to remedy essential sensing and notion problems throughout the total benefit chain of the automotive and mobility market place segments. With its LeddarVision™ sensor-fusion and perception system and its price-successful, scalable, and adaptable LiDAR development answer for automotive-grade good-condition LiDARs primarily based on the LeddarEngine™, LeddarTech enables Tier 1-2 automotive procedure integrators to establish entire-stack sensing answers for autonomy degree 1 to 5. These methods are actively deployed in autonomous shuttle, truck, bus, shipping and delivery car, clever town/manufacturing facility, and robotaxi applications. The business is responsible for many innovations in reducing-edge automotive and mobility distant-sensing programs, with in excess of 95 patented systems (granted or pending) maximizing ADAS and autonomous driving capabilities.

Supplemental details about LeddarTech is obtainable at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:
Daniel Aitken, Vice-President, Worldwide Internet marketing, Communications, and Merchandise Management, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
[email protected]

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and linked logos are trademarks or registered emblems of LeddarTech Inc. and its subsidiaries. All other brands, merchandise names, and marks are or might be logos or registered logos employed to discover products and solutions or expert services of their respective homeowners.

A photo accompanying this announcement is offered at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8beb2b1-0c48-446f-8126-192e9a3cba2a

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