Info
Info

Osram invests in Canadian LiDAR firm

News

Investment in LeddarTech strengthens Osram's position in autonomous driving technology

Info

Osram has acquired 25.1 percent share in LeddarTech, a Canadian company that develops LiDAR technology integrated into semiconductors and sensor modules for self-driving cars and driver assistance systems. The two companies already work together and Osram has now made an investment in LeddarTech in the mid double-digit million euros.

"Osram is already the world's leading provider of sensor lights for autonomous vehicles and is experiencing steadily rising demand in this field. We see the investment in LeddarTech as a logical step on the way to becoming the leading provider of solutions in this area," said Stefan Kampmann, Chief Technology Officer at Osram Licht AG.

"We see a great natural fit between our two companies and are pleased to welcome Osram as a strategic investor," said Charles Boulanger, LeddarTech's CEO. "LeddarTech is on its way to becoming the reference in solid-state LiDARs for the automotive industry, and we believe our association with the market leader in automotive lighting represents an important milestone in that direction," stated Boulanger.

"This investment from Osram is part of a larger financing round currently under way by LeddarTech and expected to be finalised shortly. Further details will be provided after the closing of the round."

LeddarTech, founded in 2007 in Quebec, specialises in solid-state LiDAR systems that use infrared light to monitor the area around them.


The Latest News, Brought To You By
Osram invests in Canadian LiDAR firm
Modified on Thursday 27th July 2017
Find all articles related to:
Osram invests in Canadian LiDAR firm
TaaS Technology Magazine


Tuesday 9th - Wednesday 10th July 2019 @ The National Motorcycle Museum

Transportation-as-a-Service (TaaS) Technology will evolve in 2019 from the inaugural conference which took place in 2018, into two co-located conferences plus a shared exhibition. As per 2018 TaaS Technology will cover Connected and Autonomous Vehicles (CAVs) and Future Mobility. The new co-located conference will look at 'Energising Future Mobility' and will focus on the key topics surrounding Electric Vehicles (EVs), Battery/Energy Technology and Infrastructure.

Places will be limited, so register your place today: https://taas.technology
Info
Volkswagen Introduces New Software Unit
Ford Launches The Third Generation Of Its Self-driving Vehicles
Ottopia Announces Collaboration With Denso
ENGIE Acquires British EV Charging Solutions Provider ChargePoint
Seat And UFO Introduce Kicksharing In Málaga
Local Motors Deploys Autonomous Shuttles At Joint Base Myer-Henderson Hall
Ola To Setup It’s Advanced Technology Centre In The Bay Area
Volkswagen And Schwarz Group Partner To Install EV Fast Charging Stations
FCA Partners With Enel X And ENGIE To Offer Innovative Charging Solutions
Volvo Trucks Debuts Autonomous Transport Of Goods At Gothenburg Port
Greenlots Expands EV Fast Charging Infrastructure For Portland General Electric
Camion Transport And Migros To Test Mercedes-Benz EActros In Switzerland
LEVC Unveils New Electric Light Commercial Vehicle
Israeli Company Claims To Fully Charge Electric Scooters In 5 Minutes
Mapbox And Luxoft Partner To Bring AI And AR To In-Vehicle Navigation
Hyundai And Kia To Investment In Aurora
Applied Information And Commsignia Deploy C-V2X Technology In Washington
London May Need Around 50,000 Additional EV Charging Points By 2025
Volvo Group Partners With NVIDIA To Develop Advanced AI Platform For Autonomous Trucks
Upgraded Renault Zoe Features Greater Range
Iteris Delivers Connected Communities Infrastructure With Cisco’s Support
Sense Photonics Raises $26 Million To Advance Depth Sensing Technology
Peugeot To Launch The All Electric E-2008 SUV In Early 2020
Fastned Opens Its 100th Fast Charging Station
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info