Business Wire

RoboSense Became the First Solid-state LiDAR Provider Completed the SOP, and Delivered to the Designated Vehicle Manufacturer

Share

RoboSense LiDAR, the leading Smart LiDAR Sensor provider announced the second-generation intelligent solid-state LiDAR RS-LiDAR-M1 (referred to as "M1") completed mass production and delivery to the designated project for the first time. Since the start of production (SOP) to vehicle manufacturer in June 2021, more than ten batches of deliveries have been completed. This is the first mass production of solid-state LiDAR in the world, and also marks the advent of “an era of mass production for LiDAR”.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210820005135/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Mass Production of RS-LiDAR-M1 (Photo: Business Wire)

Since July 2020, M1 has successively obtained designated cooperation orders for a number of mass-produced models around the world, including GAC Aion designated projects which official announced on last month. This mass production delivery for the designated automotive enterprises.

As the world's leading Smart LiDAR Sensor provider, RoboSense has completed iterations of five major and dozens of smaller versions on the smart solid-state LiDAR project in the past five years. Not only was it the first to implement the SOP version globally, but after the SOP was launched in Q2 2021, it leads the industry and achieved the first mass production delivery of the second-generation smart solid-state LiDAR.

M1 has smart software and hardware features under its small size appearance. In terms of smart hardware, M1 is based on the revolutionary two-dimensional MEMS smart chip scanning architecture, and has a unique "GAZE" function, which can adjust the scanning method according to the driving scene, improve the LiDAR perception ability, help enhance the automatic driving performance. In terms of smart software, M1 can be equipped with mature and embeddable point cloud AI perception algorithms.

At the same time, M1 guarantees the safety and reliability of point cloud data quality in various driving scenarios through a series of patented technologies, eliminates thorny problems in the industry from the product side, and built-in complete supporting functions such as OTA upgrade, stain detection, smart cleaning, smart heating, performance detection, power management, network management, etc. It has achieved SIL-2 and ASIL-B functional safety levels to help the vehicle perception system achieve ASIL-D functional safety design.

RoboSense will provide clients with continuously upgraded smart LiDAR system product solutions, jointly advance the evolution of smart driving experience, and accelerate the transformation and innovation of smart vehicle ecology. Promoting automated driving and advanced assisted driving passenger vehicles, commercial vehicles, logistics vehicles, robots, public smart transportation, and vehicle-road collaboration to achieve large-scale commercial use steadily and quickly.

About RoboSense (www.robosense.ai):

RoboSense (Suteng Innovation Technology Co., Ltd.) is a world leading provider of Smart LiDAR Sensor Systems. It incorporates LiDAR sensors, AI algorithms and IC chipsets that transform conventional 3D LiDAR sensors to full data analysis and comprehension systems. The company's mission is to produce outstanding hardware and artificial intelligence capabilities to provide smart solutions that enable robots (including vehicles) to have perception capability superior to humans.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Grace Ye
RoboSense PR Manager
grace.ye@robosense.cn

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Verimatrix To Debut New App Monitoring SaaS Service at Money 20/20 Europe20.9.2021 17:45:00 CEST | Press release

Regulatory News: Verimatrix, (Euronext Paris: VMX) (Paris:VMX), the leader in powering the modern connected world with people-centered security, today announced it’s scheduled to unveil a new mobile application monitoring service, an extension of its award-winning App Shield and Code Protection solutions, during this week’s Money 20/20 Europe in-person event. Taking place September 21-23 in booth D140 at RAI Amsterdam, Verimatrix’s launch of its security monitoring service for mobile applications can assist both new and existing customers in gaining the intelligence and protections needed for mission-critical apps. The new monitoring solution is available for both Verimatrix App Shield and Verimatrix Code Protection. App Shield is a no-code SaaS service that brings unprecedented cybersecurity protection to any Android or iOS app. Developers simply upload their app to the Verimatrix App Shield platform and receive a secured version that’s ready to publish to an app store, a critical las

Citi, IFC and Global Bank Partner to Finance Women’s Economic Empowerment in Panama20.9.2021 16:08:00 CEST | Press release

Citi, Global Bank and the International Finance Corporation (IFC) have partnered to provide more mortgages and Small Medium Enterprise (SME) business loans to women. The joint initiative offers a first-of-its-kind co-lending transaction of a $90 million loan ($20 million funded by Citi for three years and $70 million funded by IFC for five years) to Global Bank. The proceeds from this loan will be used for either Low Income Housing Mortgages–Hipoteca Preferencial–for women as heads of household or for women-owned and-or women-led enterprises. In addition, Global Bank will also partner with IFC Advisory Services to further enhance and develop gender-focused products and services in Panama. “It’s an honor to support groups and institutions that seek to broaden women empowerment across the region as well as to place women at the center of Panama’s recovery from the coronavirus pandemic,” said Marcelo Gorrini, Caribbean and Central America Cluster Head and Panama Citi Country Officer. “Thi

WilsonHCG Recognized as a “Leader” in Contingent Workforce Solutions and MSP by NelsonHall20.9.2021 16:00:00 CEST | Press release

WilsonHCG has been identified as a “Leader” in NelsonHall’s 2021 NEAT Vendor Evaluation and Assessment Tool for Managed Service Program (MSP) and Contingent Workforce Services (CWS) providers. “Being ranked as a Leader for our contingent workforce services is a testament to listening to our clients’ needs and differentiating by providing a high-touch experience that’s often overlooked in this space. The team is committed to exceptional service and it shows,” said John Wilson, CEO, WilsonHCG. “Organizations are looking for a variety of talent solutions in this challenging market and we’re proud to offer contingent workforce services that give them access to the talent they need to succeed.” Nikki Edwards, Principal Research Analyst with NelsonHall’s HR Technology & Services practice, added, “WilsonHCG applies a high-touch and personalized approach to its range of next-generation contingent workforce solutions (with a broad range of service expertise and use of cutting-edge tech), enabli

EMGA Advises Landmark US$300M Debt Raise for BTG Pactual With DFC20.9.2021 16:00:00 CEST | Press release

Emerging Markets Global Advisory Limited (EMGA), the niche investment bank focused on emerging markets, announces today a landmark Senior Debt capital raise transaction that will allow BTG Pactual to expand its small and medium-sized enterprise (SME) activities in Brazil. The US$300 million debt facility was provided by DFC and the transaction is the largest Senior Debt facility ever advised by EMGA and follows on from a US$140 million transaction completed last year with DEG and Proparco, two European development institutions. The operation comes at a time when banks world-wide are exploring new cross-border funding options to further deliver on their support to businesses affected by the COVID-19 pandemic. Commenting on the transaction, BTG Pactual’s Caio Zanette said, “BTG Pactual is very pleased with the support of EMGA on pursuing this landmark transaction that will benefit our SME activities in Brazil. We continue to develop all our activities and the funding provided by DFC will

White Oak Buys Finacity in Flagship Acquisition20.9.2021 15:00:00 CEST | Press release

White Oak Global Advisors (“White Oak”) has completed the acquisition of Finacity Corporation (“Finacity”) a global leader in working capital and trade finance funding solutions to global businesses. Finacity originates, structures and places over USD$100 billion in trade finance receivables yearly with over 50 leading financial institutions in asset-backed security structures. Finacity has facilitated transactions for receivables denominated in 58 currencies with obligors in more than 175 countries making it the largest non-bank trade finance platform globally. The deal will see Adrian Katz remain as Finacity CEO and substantive equity holder, working closely with the leadership of White Oak Global Advisors. With this acquisition White Oak and its affiliates will have over 215 professionals focused on asset-based lending offering trade receivables securitization and a variety of ABL products including invoice discounting, factoring, trade finance, supply chain finance, lender finance

Zynga Debuts “Sneak Peek” for Upcoming Mobile FarmVille 3 Title20.9.2021 15:00:00 CEST | Press release

Zynga Inc. (Nasdaq: ZNGA): This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210920005007/en/ Zynga Debuts “Sneak Peek” for Upcoming Mobile FarmVille 3 Title (Graphic: Business Wire) WHAT: Today, Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment and creator of the popular FarmVille franchise, unveiled a sneak peek video for its upcoming mobile title, FarmVille 3, that captures the fun and affectionate interactions among animals such as cuddly sheep and dancing cows as they excitedly wait to meet their new owners on the farm. Since it launched in 2009, the FarmVille franchise has continued to roll out fresh new ways for players to experience thegames, including FarmVille 2: Country Escape and FarmVille 2: Tropic Escape. One of the new gameplay features in FarmVille 3 will be the breeding and nurturing of adorable baby animals from more than 150 unique varieties, including horses, pigs, alpacas and arctic fo

UNAVETS Joins the Petabyte Consortium to Transform the Pet Care Experience for Doctors, Patients and Their Families20.9.2021 14:03:00 CEST | Press release

UNAVETS (“UNAVETS”), a European platform for veterinary centers with over 43 practices across Spain and Portugal, announced today their partnership with Petabyte Technology (“Petabyte”), a leading veterinary software company, to join the newly established Petabyte Consortium, which is focused on cleaning and standardizing data to improve veterinary practices across the world. Petabyte revolutionizes patient management for veterinary hospitals through its suite of software solutions, including Rhapsody, a cloud-based Practice Information Management System (PIMS); Petabyte Analytics, an enterprise-level analytics platform; and Boop, a mobile application simplifying the pet care experience for pet parents. With innovative features such as standardized data, comprehensive wellness plans, virtual check-in, on-the-go communications, and a built-in payment system, Petabyte enables doctors to deliver exceptional care to pets and their families. “Petabyte was founded with a mission to simplify

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom