Valens Semiconductor First-in-Industry to Ship Engineering Samples of MIPI A-PHY Standard Chipsets to Leading Automotive OEMs and Tier 1s

Rhea-AI Summary

Valens Semiconductor (NYSE: VLN) has commenced shipping engineering samples of its VA7000 chipset family to over 25 automotive clients, including four major OEMs and more than 10 Tier-1 customers. This chipset is the first to implement the MIPI A-PHY standard for high-speed in-vehicle sensor connectivity. With a bandwidth of 8Gbps per link and a roadmap for 16Gbps, the VA7000 chipsets promise enhanced Advanced Driver-Assistance Systems capabilities and cost efficiencies. This marks a significant milestone for Valens and the automotive industry, indicating robust demand for innovative connectivity solutions.

Positive

• Shipping of VA7000 chipsets to 25+ automotive customers, indicating strong market interest.
• First chipset to implement MIPI A-PHY standard, positioning Valens as an industry leader.
• High bandwidth of 8Gbps with a potential roadmap to 16Gbps, enhancing vehicle connectivity.
• Low packet error rate of 10^-19, far superior to competitors, ensuring reliable performance.
• Reduced system costs by allowing operation over low-cost unshielded cables.

Negative

• None.

HOD HASHARON, Israel, Jan. 13, 2022 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN), a premier provider of high-speed connectivity solutions for the automotive and audio-video markets, today announced that it is shipping engineering samples of the VA7000 chipset family to more than 25 automotive customers and partners, including four leading automotive OEMs and more than 10 Tier-1 prospective customers, for evaluation and integration into their platforms. The Valens VA7000 chipset family is the first on the market to implement the MIPI A-PHY^SM standard for in-vehicle sensor connectivity.

Since the release of the A-PHY standard for high speed in-vehicle video connectivity by the MIPI Alliance in September 2020, it has gained significant momentum within the industry. In 2021, the IEEE standards association adopted A-PHY in full as one of its own standards, and major automotive companies have been working to integrate it into their next-generation solutions.

The unprecedented performance of the VA7000 chipsets will enable automotive OEMs to enhance their Advanced Driver-Assistance Systems (ADAS) capabilities and to take a step towards the software-defined vehicles of the future by providing:

• High bandwidth: 8Gbps per link (deserializer aggregating 32Gbps), with a roadmap to 16Gbps per link
• Link distance: Up to 15 meters (~50 feet), enabling unprecedented architectural flexibility
• Industry-lowest error rate: Packet error rate of 10^-19, orders of magnitude lower than the competition
• Reduced total system cost: Ability to operate over low-cost unshielded cables and connectors

For the first time ever, the VA7000 chipsets will enable the industry to remove costly and proprietary bridge CSI-2 extension solutions widely used today, in favor of a Digital Signal Processing (DSP)-based standardized protocol, which will simplify the connectivity infrastructure in the car.

"The release of the first products implementing A-PHY is an important milestone – not just for Valens, but for the automotive industry as a whole," said Gideon Kedem, SVP and Head of Automotive at Valens Semiconductor. "As more and more automotive players adopt the standard and spec it into their product roadmaps, the VA7000 is poised to be the keystone chipset of in-vehicle sensor connectivity for years to come."

Valens will showcase the capabilities of the VA7000 chipset family in a webinar on February 2, 2022 (10:00 AM EST | 4:00 PM CET). The webinar will feature video demonstrations, in cooperation with industry-leading players, including connectivity of a remote 8 Mega Pixel camera as well as a surround view system over Unshielded Twisted Pair (UTP) cabling.

Register here.

About Valens Semiconductor Ltd.

Valens (NYSE: VLN) is a leading provider of semiconductor products, pushing the boundaries of connectivity by enabling long-reach, high-speed video and data transmission for the automotive and audio-video industries. Valens' Emmy® award-winning HDBaseT technology is the leading standard in the professional AV market with tens of millions of Valens' chipsets integrated into thousands of HDBaseT-enabled products. Valens Automotive is a key enabler of the evolution of autonomous driving, providing chipsets that are on the road in premium vehicles around the world. The underlying technology has been selected to become the basis for the new international standard for automotive connectivity. For more, visit https://www.valens.com/.

Forward-Looking Statements

Valens may, in this communication, make certain statements that are not historical facts and relate to analysis or other information which are based on forecasts or future or results. Examples of such forward-looking statements include, but are not limited to, statements regarding future prospects, product development and business strategies.  Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements but are not the exclusive means for identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks set forth under "Risk Factors" in our Registration Statement on Form F-1 and our other SEC filings. Valens cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Valens does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

Media Contact:
Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
Yoni.dayan@valens.com

Investor Contacts:
Daphna Golden
Vice President Investor Relations
Valens Semiconductor Ltd.
investors@valens.com 

Matthew Keating, CFA
Financial Profiles, Inc.
US: +1 310-622-8230
ValensIR@finprofiles.com

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SOURCE Valens Semiconductor

FAQ

What is the significance of Valens Semiconductor's VA7000 chipset announcement?

The VA7000 chipset is the first to implement the MIPI A-PHY standard, enhancing in-vehicle sensor connectivity and positioning Valens as a leader in automotive technology.

Which automotive customers are receiving the VA7000 chipsets?

Valens is shipping the VA7000 chipsets to over 25 automotive customers, including four leading OEMs and more than 10 Tier-1 suppliers.

What are the technical specifications of the VA7000 chipsets?

The VA7000 chipsets offer up to 8Gbps bandwidth per link, with a roadmap to 16Gbps, and a low packet error rate of 10^-19.

When did Valens start shipping the VA7000 chipsets?

Valens Semiconductor announced the shipping of VA7000 chipsets on January 13, 2022.

What future capabilities are anticipated with the VA7000 chipsets?

The VA7000 chipsets are expected to enhance Advanced Driver-Assistance Systems capabilities and support the development of software-defined vehicles.