Iteris and Continental Unveil New V2X-Enabled Detection Solution for Smart Mobility Infrastructure

Rhea-AI Summary

Iteris has launched Vantage Fusion, a hybrid traffic detection system in collaboration with Continental. This advanced system delivers real-time visualization and unmatched detection accuracy for vehicles, pedestrians, and cyclists, enhancing safety and sustainability. Vantage Fusion marks the first solution from the partnership aimed at preparing cities and automotive OEMs for the future of connected and automated vehicles. The technology supports Vision Zero goals, striving to reduce traffic-related fatalities.

Positive

• Launch of Vantage Fusion enhances Iteris' portfolio and offers advanced detection and visualization capabilities.
• Partnership with Continental expands access to automotive OEMs.
• Supports critical infrastructure data sharing for connected and automated vehicles.

Negative

• None.

Vantage Fusion Offers Advanced Detection Performance and Infrastructure-to-Vehicle Connectivity to Improve, Safety, Mobility and Sustainability

• Iteris and Continental’s new hybrid video and radar detection system delivers unmatched performance, with unique visualization capabilities that enable top-down viewing of the entire intersection in real time.
• Vantage Fusion is the first solution from Iteris and Continental’s collaboration to explore intelligent infrastructure technology that readies cities and automotive OEMs for advancements in connected and automated vehicles, and enables safer, smarter and more sustainable roadways.
• Launch marks the expansion of Iteris’ market-leading portfolio of smart sensors and opens up its ClearMobility Platform to Continental’s global network of automotive OEMs.

SANTA ANA, Calif. & AUBURN HILLS, Mich.--(BUSINESS WIRE)--

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, and global mobility supplier Continental today announced the launch of Vantage Fusion™, a hybrid traffic detection system that enables real-world vehicle-to-everything (V2X) applications and advanced intersection visualization for safer, smarter and more sustainable roadways.

Iteris and Continental Unveil New V2X-Enabled Detection Solution for Smart Mobility Infrastructure (Photo: Business Wire)

The Vantage Fusion hybrid video and radar detection system delivers unmatched detection, tracking and classification accuracy of vehicles, pedestrians and cyclists, with unique visualization capabilities that enable intuitive, top-down viewing of intersections in real time.

Vantage Fusion uses information generated by automotive sensors to enable cooperative perception capabilities. In addition to sharing a connected vehicle’s location with other V2X-enabled devices, cooperative perception messaging enables that vehicle to also share what it senses – a pedestrian or car, for example – with the rest of its connected environment.

Vantage Fusion is connected vehicle ready, with the ability to provide critical infrastructure data through V2X communications to connected and automated vehicles (CAVs), including through Iteris’ BlueTOAD® Spectra CV. The hybrid detection system is fully compatible with VantageCare™ – Iteris’ detection health monitoring support service – as well as Iteris’ ClearGuide SPM™ and VantageLive!®, and other third-party web and mobile-based traffic measurement applications.

The launch of Vantage Fusion is the first solution from Iteris and Continental’s recently announced, future-oriented traffic infrastructure collaboration to leverage automotive sensors, and infrastructure-to-vehicle (I2V) connectivity to make city transportation systems across North America safer, more efficient and more sustainable, while supporting local and regional transportation agencies’ efforts to achieve their Vision Zero goals, and preparing cities and automotive OEMs for advancements in connected and automated vehicle (CAV) technologies. The collaboration is focused on improving the current transportation infrastructure while working toward a more balanced, intelligent and optimized infrastructure that communicates seamlessly with the mobility ecosystem in the future thanks to expanded sensing capabilities.

“We are thrilled to announce the launch of Vantage Fusion, a future-oriented hybrid traffic detection system that enables real-world V2X applications, while preparing cities and automotive OEMs for advancements in CAV technologies,” said Todd Kreter, senior vice president and general manager, Advanced Sensor Technologies at Iteris. “With the addition of Vantage Fusion to Iteris’ market-leading portfolio of smart sensors, transportation agencies now have access to unmatched detection and tracking accuracy of vehicles, pedestrians and cyclists, as well as truly unique intersection visualization capabilities, to achieve their goals of improving safety, mobility and sustainability throughout complex transportation networks.”

“Smart mobility is in our DNA at Continental and we are constantly improving and innovating solutions that help make roadways safer for all who use them. As we look to a future with more CAVs, the infrastructure will play a bigger role, demanding updates in sensing, connectivity and communication capabilities,” explained Murali Srinivasan, vice president, Passive Safety and Sensorics, Continental North America. “The launch of Vantage Fusion is a testament to the combination of our long and proven history in safety sensorics with Iteris’ expertise in intelligent infrastructure management to deliver solutions that will contribute to greater environmental awareness and increased road user safety.”

In addition to offering more comfort and convenience to drivers, Iteris and Continental’s solution can contribute to stronger V2X effectiveness – critical in reaching the goal of Vision Zero. The U.S. Department of Transportation states that V2X technology has the potential to address approximately 80% of unimpaired vehicle crashes. Roadway injuries and fatalities also impact people outside of vehicles. According to the National Safety Council, in the United States approximately 30% of all road fatalities are vulnerable road users, which include pedestrians, cyclists, scooters and motorcyclists. Continental and Iteris are committed to helping the mobility industry realize this potential.

The Vantage Fusion detection system is a key component of Iteris’ ClearMobility™ Platform, the most complete solution for continuously monitoring, visualizing and optimizing mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. The ClearMobility Platform applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility.

About Iteris, Inc.

Iteris is the global leader in smart mobility infrastructure management – the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. Visit www.iteris.com for more information, and join the conversation on Twitter, LinkedIn and Facebook.

About Continental

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2020, Continental generated sales of €37.7 billion and currently employs more than 192,000 people in 58 countries and markets. On October 8, 2021, the company celebrated its 150th anniversary.

Iteris Forward-Looking Statements

This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," “should,” “will,” "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the capabilities and benefits of Vantage Fusion and other Iteris solutions and products. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

Important factors that may cause such a difference include, but are not limited to, our ability to provide our services and products in a cost-efficient manner; our ability to introduce, market and gain broad acceptance of our new and existing product and service offerings in the transportation industry; the potential impact of product and service offerings from competitors and other competitive pressures; challenges in the development of software-based solutions generally; and the impact of general economic, political and other conditions in the markets we address. Further information on Iteris, Inc., including additional risk factors that may affect our forward-looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K, and our other SEC filings that are available through the SEC’s website (www.sec.gov).

View source version on businesswire.com: https://www.businesswire.com/news/home/20211207005263/en/

Iteris Media Contact

David Sadeghi

Tel: (949) 270-9523

Email: dsadeghi@iteris.com

Iteris Investor Relations

MKR Investor Relations, Inc.

Todd Kehrli

Tel: (213) 277-5550

Email: iti@mkr-group.com

Continental Media Contact

Kathryn Blackwell

Tel: (248) 393-6593

Email: kathryn.blackwell@continental.com

Source: Iteris, Inc.

FAQ

What is Vantage Fusion by Iteris?

Vantage Fusion is a hybrid traffic detection system that provides advanced detection and real-time intersection visualization.

How does Vantage Fusion enhance road safety?

It improves safety by delivering unmatched detection accuracy for vehicles, pedestrians, and cyclists, and supports V2X communications.

What are the benefits of the partnership between Iteris and Continental?

The partnership enhances Iteris' market offerings and expands access to a global network of automotive OEMs.

When was Vantage Fusion launched?

Vantage Fusion was launched as part of the collaboration announcement between Iteris and Continental.

What impact does Vantage Fusion have on automated vehicle technologies?

It prepares cities and automotive OEMs for advancements in connected and automated vehicles by providing critical infrastructure data.