LeddarTech Unveils the Future of ADAS With the European Launch of the LeddarNavigator Demo Car and Road Show
LeddarTech (Nasdaq: LDTC) has unveiled the LeddarNavigator, a demo car showcasing advanced ADAS technology, for a European road show from July 25 to October 10, 2024. The vehicle features LeddarVision, an AI-based low-level sensor fusion and perception software family, addressing cost and performance challenges in L2/L2+ ADAS applications. Key products demonstrated include:
1. LVS-2+: A comprehensive solution for premium surround-view ADAS, scaling from 2V4R to 5V5R sensor configuration.
2. LVF-E: An innovative front-view stack supporting highway assist ADAS, using a single front camera and two short-range corner radars with Texas Instruments' TDA4VE processor.
These products aim to meet 5-star NCAP 2025/GSR 2022 safety standards while maximizing efficiency and minimizing costs.
LeddarTech (Nasdaq: LDTC) ha presentato il LeddarNavigator, una vettura dimostrativa che mette in mostra avanzate tecnologie ADAS, per un road show europeo dal 25 luglio al 10 ottobre 2024. Il veicolo è dotato di LeddarVision, una famiglia di software per la fusione e la percezione dei sensori di basso livello basata sull'IA, che affronta le sfide di costo e prestazioni nelle applicazioni ADAS di livello L2/L2+. I principali prodotti dimostrati includono:
1. LVS-2+: Una soluzione completa per sistemi ADAS di visione panoramica premium, scalabile da configurazioni di sensori 2V4R a 5V5R.
2. LVF-E: Un innovativo stack per la vista frontale che supporta l'assistenza in autostrada ADAS, utilizzando una singola telecamera frontale e due radar a corto raggio negli angoli con il processore TDA4VE di Texas Instruments.
Questi prodotti mirano a soddisfare gli standard di sicurezza 5 stelle NCAP 2025/GSR 2022, massimizzando l'efficienza e riducendo i costi.
LeddarTech (Nasdaq: LDTC) ha presentado el LeddarNavigator, un coche de demostración que muestra tecnología ADAS avanzada, en una gira europea del 25 de julio al 10 de octubre de 2024. El vehículo cuenta con LeddarVision, una familia de software de fusión de sensores de bajo nivel y percepción basada en inteligencia artificial, que aborda los desafíos de costo y rendimiento en aplicaciones ADAS de nivel L2/L2+. Los productos clave demostrados incluyen:
1. LVS-2+: Una solución integral para ADAS de vista envolvente premium, escalable desde configuraciones de sensores 2V4R a 5V5R.
2. LVF-E: Un innovador apilamiento de vista frontal que soporta asistencia en carretera para ADAS, utilizando una única cámara frontal y dos radares de corto alcance en las esquinas con el procesador TDA4VE de Texas Instruments.
Estos productos tienen como objetivo cumplir con los estándares de seguridad NCAP 2025/GSR 2022 de 5 estrellas mientras maximizan la eficiencia y minimizan los costos.
LeddarTech (Nasdaq: LDTC)가 2024년 7월 25일부터 10월 10일까지 유럽 로드쇼를 위해 고급 ADAS 기술을 선보인 LeddarNavigator 시연차를 공개했습니다. 이 차량은 L2/L2+ ADAS 애플리케이션에서 비용과 성능 문제를 해결하는 AI 기반 저수준 센서 융합 및 인식 소프트웨어군인 LeddarVision을 특징으로 합니다. 시연된 주요 제품은 다음과 같습니다:
1. LVS-2+: 2V4R에서 5V5R 센서 구성으로 확장 가능한 프리미엄 서라운드 뷰 ADAS에 대한 종합 솔루션입니다.
2. LVF-E: 텍사스 인스트루먼트의 TDA4VE 프로세서를 사용하는 단일 전방 카메라와 두 개의 단거리 코너 레이더를 통해 고속도로 지원 ADAS를 지원하는 혁신적인 전방 뷰 스택입니다.
이 제품들은 효율성을 극대화하고 비용을 최소화하면서 5성급 NCAP 2025/GSR 2022 안전 기준을 충족하는 것을 목표로 합니다.
LeddarTech (Nasdaq: LDTC) a dévoilé le LeddarNavigator, une voiture de démonstration illustrant une technologie ADAS avancée, pour une tournée européenne du 25 juillet au 10 octobre 2024. Le véhicule est équipé de LeddarVision, une famille de logiciels d'intégration et de perception de capteurs de bas niveau basée sur l'IA, abordant les défis de coût et de performance des applications ADAS de niveau L2/L2+. Les principaux produits présentés incluent :
1. LVS-2+: Une solution complète pour les ADAS à vue panoramique haut de gamme, évoluant d'une configuration de capteurs de 2V4R à 5V5R.
2. LVF-E: Un empilement avant innovant soutenant l'ADAS d'assistance autoroutière, utilisant une seule caméra avant et deux radars de coin à courte portée avec le processeur TDA4VE de Texas Instruments.
Ces produits visent à répondre aux normes de sécurité NCAP 2025/GSR 2022 de 5 étoiles tout en maximisant l'efficacité et en minimisant les coûts.
LeddarTech (Nasdaq: LDTC) hat den LeddarNavigator vorgestellt, ein Demofahrzeug, das fortschrittliche ADAS-Technologie zeigt, für eine europäische Roadshow vom 25. Juli bis 10. Oktober 2024. Das Fahrzeug verfügt über LeddarVision, eine KI-basierte Softwarefamilie zur Sensorfusion und Wahrnehmung auf niedrigem Niveau, die die Herausforderungen von Kosten und Leistung in L2/L2+ ADAS-Anwendungen anspricht. Die wichtigsten vorgestellten Produkte sind:
1. LVS-2+: Eine umfassende Lösung für hochwertige Rundum-View-ADAS, skalierbar von 2V4R bis 5V5R Sensoranordnung.
2. LVF-E: Ein innovatives Frontalstapel, das die Autobahnassistenz-ADAS unterstützt, mit einer einzelnen Frontkamera und zwei Nahbereich-Eckradaren unter Verwendung des TDA4VE-Prozessors von Texas Instruments.
Diese Produkte zielen darauf ab, die Sicherheitsstandards von 5-Sterne NCAP 2025/GSR 2022 zu erfüllen und gleichzeitig die Effizienz zu maximieren und die Kosten zu minimieren.
- Launch of LeddarNavigator demo car to showcase advanced ADAS technology to European OEMs and Tier 1 suppliers
- LeddarVision software addresses cost and performance challenges in L2/L2+ ADAS applications
- Products target stringent 5-star NCAP 2025/GSR 2022 safety standards
- LVS-2+ and LVF-E solutions aim to maximize efficiency and performance while minimizing costs
- None.
QUEBEC CITY, Canada, July 31, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is proud to present the high-performance LeddarNavigator. This demo car will showcase the next level in ADAS technology to automotive OEMs and Tier 1s during its tour across Europe beginning July 25, 2024 and ending at Autosens Europe in Barcelona, Spain, on October 10, 2024.
The LeddarNavigator is equipped with the LeddarVision AI-based low-level sensor fusion and perception family of automotive software products. These extend sensor performance beyond what is typically achieved with object-level fusion and address the known cost and performance challenges Tier 1-2 suppliers and OEMs struggle with when developing L2/L2+ ADAS applications.
During the roadshow, LeddarTech will provide live demonstrations of the products developed for entry-level and premium Level 2/2+ ADAS applications that are targeting the stringent 5-star NCAP 2025/GSR 2022 safety standards and highway assist using the LeddarVision platform, including:
- LVS-2+ (LeddarVision Surround-View), a comprehensive fusion and perception software solution designed to elevate ADAS capabilities for premium surround-view, addressing safety and highway assist applications. It scales from a basic 2V4R to an advanced 5V5R sensor configuration.
- LVF-E (LeddarVision Front Entry), an innovative front-view fusion and perception stack that supports highway assist ADAS. It utilizes a streamlined sensor setup of a single front camera and two short-range corner radars, and is combined with Texas Instruments’ TDA4VE processor.
The LVS-2+ and the LVF-E maximize efficiency and performance while minimizing costs, which has been demonstrated and validated in the company’s research and development centers in Tel Aviv (Israel) and Quebec City (Canada). Key performance indicators are available to customers for review upon request.
“The introduction of our European LeddarNavigator is a tremendous step forward for LeddarTech in the European market as it enables us to truly demonstrate the performance of our software in real time to the automotive market as we have done in North America,” stated Antonio Polo, Sr. Vice-President of Product and Business Development at LeddarTech. “This newly released LeddarNavigator is an addition to the company’s fleet of demonstration vehicles, formerly known as LeddarCar in North America, Israel and China. We invite OEMs and Tier 1 suppliers to witness firsthand the transformative power of our systems and how they provide real-time insights into the vehicle’s surroundings,” Mr. Polo concluded.
Follow the European road trip journey on our special “LeddarNavigator Diaries” site starting in mid-August 2024.
About LeddarTech
A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.
LeddarTech is responsible for several remote-sensing innovations, with over 160 patent applications (87 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.
LeddarTech might, in the scope of collaborations, partnerships and projects, from time to time, collect with test vehicles personal information, i.e., information that directly or indirectly identifies members of the public. Collected personal information may be processed, used, stored and communicated by LeddarTech within the scope of developing and training our software and products. For further information about the processing activities, which include the collection, use, storage and communication of the personal information, as well as the associated personal information protection rights and how to exercise them, please consult LeddarTech’s Privacy Policy.
Additional information about LeddarTech is accessible at www.LeddarTech.com and on LinkedIn, Twitter (X), Facebook and YouTube.
Forward-Looking Statements
Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements relating to LeddarTech’s anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend” and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: (i) the possibility that anticipated benefits of LeddarTech’s recent business combination will not be realized; (ii) the risk that shareholder litigation in connection with the business combination or other settlements or investigations may result in significant costs of defense, indemnification and liability; (iii) changes in general economic and/or industry-specific conditions; (iv) possible disruptions from the business combination that could harm LeddarTech’s business; (v) the ability of LeddarTech to retain, attract and hire key personnel; (vi) potential adverse reactions or changes to relationships with customers, employees, suppliers or other parties, including as a result of the business combination; (vii) potential business uncertainty, including changes to existing business relationships following the business combination that could affect LeddarTech’s financial performance; (viii) legislative, regulatory and economic developments; (ix) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak or escalation of war or hostilities and any epidemic, pandemic or disease outbreak (including COVID-19), as well as management’s response to any of the aforementioned factors; (x) access to capital and financing and LeddarTech’s ability to maintain compliance with debt covenants; (xi) LeddarTech’s ability to execute its business model, achieve design wins and generate meaningful revenue; and (xii) other risk factors as detailed from time to time in LeddarTech’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the risk factors contained in LeddarTech’s Annual Report on Form 20-F for the fiscal year ended September 30, 2023. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Holdings Inc. Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@LeddarTech.com
- Investor relations website: investors.LeddarTech.com
- Investor relations contact: Kevin Hunt, ICR Inc. kevin.hunt@icrinc.com
- Financial media contact: Dan Brennan, ICR Inc. dan.brennan@icrinc.com
Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.
LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol “LDTC.”
FAQ
What is the LeddarNavigator and when will it tour Europe?
What ADAS products will LeddarTech (LDTC) demonstrate during the European road show?
How does LeddarTech's LeddarVision technology aim to improve ADAS applications?
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