Iteris Unveils New Artificial-Intelligence Powered Detection Sensor for Smart Intersections

Rhea-AI Summary

Iteris has launched Vantage Apex, the first 1080p HD video and 4D radar sensor integrated with AI algorithms. This innovative sensor enhances detection, tracking, and classification of vehicles, pedestrians, and cyclists, significantly improving traffic management. The technology supports vehicle-to-everything (V2X) communications, enabling critical infrastructure data for connected vehicles. This launch expands Iteris' leading smart sensor portfolio, vital for its ClearMobility Platform, aimed at optimizing mobility infrastructure.

Positive

• Launch of Vantage Apex enhances Iteris' smart sensor portfolio.
• Vantage Apex offers advanced detection and tracking accuracy.
• The sensor supports vehicle-to-everything (V2X) communications.

Negative

• None.

Vantage Apex is Industry’s First 1080p HD Video and 4D/HD Radar Sensor with Integrated AI Algorithms 

• AI-powered smart sensor delivers unmatched detection, tracking and classification accuracy of vehicles, pedestrians and cyclists, as well as HD video display for traffic management center monitoring.
• Vantage Apex provides critical infrastructure data for connected and automated vehicles through vehicle-to-everything (V2X) communications.
• Launch marks the expansion of Iteris’ market-leading portfolio of smart sensors, a key component of its ClearMobility Platform.

SANTA ANA, Calif.--(BUSINESS WIRE)-- Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has launched Vantage Apex™, the industry’s first 1080p high-definition (HD) video and four-dimensional (4D) radar sensor with integrated artificial intelligence (AI) algorithms.

Iteris Unveils New Artificial-Intelligence Powered Detection Sensor for Smart Intersections. (Photo: Business Wire)

Built on the leading AI machine learning platform, Vantage Apex identifies objects using Iteris’ powerful AI video analytics, extensive image library, high-performance GPU/CPU-based computing, machine learning and neural network algorithms. This enables the high-precision and detailed classification of many different vehicle types and vulnerable road users, such as pedestrians and cyclists.

Full HD video streaming using 1080p cameras results in ultra-crisp vision with unmatched depth and clarity of traffic at intersections, which can be viewed at traffic management centers (TMCs) or remotely on mobile devices via the Iteris Video Viewer™ app.

Using forward-fire radar technology to virtually eliminate occlusion, the Vantage Apex hybrid sensor uses industry-leading 4D/HD radar technology with a field of view exceeding 600 feet. The Vantage Apex system enables decision-zone safety functions, collision avoidance and advanced lane-by-lane detection that delivers precise traffic detection and data.

Vantage Apex is connected vehicle ready, with the ability to provide critical infrastructure data through vehicle-to-everything (V2X) communications to connected and automated vehicles (CAVs), including through Iteris’ BlueTOAD® Spectra CV.

Vantage Apex is fully compatible with VantageCare™ – Iteris’ cloud-enabled detection health monitoring managed service – as well as Iteris’ ClearGuide SPM™ and VantageLive!®, and other third-party web and mobile-based traffic measurement applications.

The Vantage Apex AI-powered smart sensor 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.

“We are thrilled to announce the launch of Vantage Apex, the industry’s first 1080p HD video and 4D radar sensor with integrated AI algorithms,” said Todd Kreter, senior vice president and general manager, Advanced Sensor Technologies at Iteris. “With the addition of Vantage Apex 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 HD video display for TMC monitoring to achieve their goals of improving safety, mobility and sustainability throughout complex transportation networks.”

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.

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 Apex and ClearMobility platform and its solutions. 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/20210831005100/en/

Media Contact

David Sadeghi

Tel: (949) 270-9523

Email: dsadeghi@iteris.com



Investor Relations

MKR Investor Relations, Inc.

Todd Kehrli

Tel: (213) 277-5550

Email: iti@mkr-group.com

Source: Iteris, Inc.

FAQ

What is Vantage Apex by Iteris?

Vantage Apex is the industry’s first 1080p HD video and 4D radar sensor integrated with AI algorithms, enhancing traffic management and vehicle detection.

How does Vantage Apex improve road safety?

Vantage Apex improves road safety by providing unmatched detection and tracking accuracy of vehicles, pedestrians, and cyclists.

What technology does Vantage Apex use?

Vantage Apex employs AI algorithms, HD video streaming, and 4D radar technology for effective traffic monitoring and management.

When was Vantage Apex launched?

Vantage Apex was launched on August 31, 2021.

What is the significance of V2X communications in Vantage Apex?

V2X communications enable Vantage Apex to provide critical infrastructure data for connected and automated vehicles, enhancing traffic efficiency.