Canadian supplier of LED-based detection technology, 84 LeddarTech has partnered with automotive supplier Valeo in a development and licensing agreement that will enable Valeo to develop a new infrared sensor for series-produced vehicles and expand its deployment of road obstacle detection and tracking functions. The deal will allow Valeo, which already develops driving assistance systems (ADAS), to offer active safety functions designed to meet new EuroNCap 2016 standards in Europe.
“This agreement is a very important step for LeddarTech, as it allows us to enter one of the largest and most demanding markets in the world alongside a top, pioneering automotive supplier,” said Charles Boulanger, acting chief executive officer of LeddarTech. “Furthermore, it will allow us to introduce an application specific integrated circuit (ASIC) into our portfolio of Leddar modules, further enhancing Leddar performance and competitive advantages,” adds Boulanger.
“This agreement is a very important step for LeddarTech, as it allows us to enter one of the largest and most demanding markets in the world alongside a top, pioneering automotive supplier,” said Charles Boulanger, acting chief executive officer of LeddarTech. “Furthermore, it will allow us to introduce an application specific integrated circuit (ASIC) into our portfolio of Leddar modules, further enhancing Leddar performance and competitive advantages,” adds Boulanger.
