Tech & Science LeddarTech Acquires Phantom Intelligence Belongings

LeddarTech Acquires Phantom Intelligence Belongings

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QUEBEC CITY, Sept. 22, 2020 (GLOBE NEWSWIRE) — LeddarTech®, a pace-setter in degree 1-Five ADAS and AD sensing era, is happy to announce the purchase of the belongings of Phantom Intelligence, together with all of its highbrow belongings and era.

Based in 2011, Phantom Intelligence is identified for his or her experience in sign processing and LiDAR era that protects inclined street customers (VRUs) and improves the protection and fluidity of commute by means of providing answers that permit dependable complex motive force help methods (ADAS).

The Phantom Intelligence transaction on September 14, 2020 represents the second one acquisition by means of LeddarTech within the final 3 months. In July of 2020, LeddarTech got VayaVision, an Israel-based sensor-fusion and belief era corporate. The purchase of Phantom Intelligence supplies LeddarTech get admission to to precise LiDAR designs, device, and related buyer and spouse initiatives. The corporate and its highbrow belongings will transition underneath the LeddarTech emblem.

“The Phantom Intelligence acquisition additional advances our solution to mixture and consolidate car sensing applied sciences, enabling LeddarTech to provide complete answers to our consumers at decrease prices,” mentioned Mr. Frantz Saintellemy, President and COO of LeddarTech. “At LeddarTech we’ve, in spite of the COVID 19 pandemic, sped up our power in opposition to serving more than one transportation and car markets with end-to-end sensing answers that supply our ADAS and AD consumers a quicker trail to marketplace at decrease prices,” endured Mr. Saintellemy. “The acquisitions of VayaVision and Phantom Intelligence, blended with our decade-long experience in groundbreaking L1-Five ADAS and AD sensing applied sciences, display our dedication to steady innovation and repair to our Tier 1-2, OEM, and self reliant mobility consumers,” concluded Mr. Saintellemy.

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About LeddarTech

LeddarTech is a pace-setter in environmental sensing answers for self reliant cars and complex motive force help methods. Based in 2007, LeddarTech has developed to grow to be a complete end-to-end environmental sensing corporate by means of enabling consumers to resolve essential sensing and belief demanding situations throughout all the worth chain of the car and mobility marketplace segments with its LeddarVision™ sensor-fusion and belief platform. LeddarTech delivers an economical, scalable, and flexible LiDAR construction approach to Tier 1-2 car gadget integrators that permits them to increase automotive-grade solid-state LiDARs in response to the root of the LeddarEngine™. LeddarTech has 14 generations of solid-state LiDARs in response to the LeddarEngine platform working 24/7 in harsh environments. This platform is actively deployed in self reliant shuttles, vans, buses, supply cars, sensible towns/factories, and robotaxi packages. The corporate is accountable for a number of inventions in state-of-the-art car and mobility remote-sensing packages, with over 95 patented applied sciences (granted or pending) improving ADAS and self reliant using functions.

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Further details about LeddarTech is offered at www.leddartech.com and on LinkedIn, Twitter, Fb, and YouTube.

Touch:
Daniel Aitken, Vice-President, International Company Advertising and Communications, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
[email protected]

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYAPower, VayaVision, and comparable emblems are emblems or registered emblems of LeddarTech Inc. and its subsidiaries. All different manufacturers, product names, and marks are or is also emblems or registered emblems used to spot merchandise or products and services in their respective homeowners.

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