Pioneer establishes company to accelerate growth of its Autonomous Driving Business
Pioneer Corporation announced that “Pioneer Smart Sensing Innovations Corporation” through an incorporation- type split as a new company to take over the business activities of Smart & Autonomous Mobility Business Group, which handles autonomous driving-related business, will be established on October 1.
The new company will further promote the autonomous driving-related business of Pioneer Group with a focus on 3D-LiDAR-based sensing technologies. With an investment of JPY100 million ($940,000), the company willne headquartered in Tokyo.
Haruhiko Takagi will be the President of the new entity. The new company will undertake planning, research, development, manufacturing, production and sale of optical equipment, electronic equipment, machinery, software and tools.
Pioneer has been pursuing the development of compact, high-performance, and low-cost MEMS mirror-based 3D-LiDAR sensors towards a target of mass production from 2020 onwards. 3D-LiDAR sensors are regarded as an indispensable key device for the realisation of level-three and above autonomous vehicles and for delivering high-precision object recognition and data collection.
Pioneer has been offering its 2018 models since last year, and is currently developing “high-precision object recognition algorithms” and “vehicle ego-localisation algorithms”, utilising 3D-LiDAR sensors.
Pioneer establishes company to accelerate growth of its Autonomous Driving Business
Modified on Friday 4th October 2019
Find all articles related to:
Pioneer establishes company to accelerate growth of its Autonomous Driving Business