Robotics & Automation News

Where Innovation Meets Imagination

Search Results for: LeddarTech

LeddarTech raises $140 million to develop autonomous driving technology

by

LeddarTech has raised investment of $140 million, which comprises a Series D first close of $116 million and debt facility of $24 million.

LeddarTech is a developer of advanced driver assistance systems (ADAS) and autonomous driving sensing technology.

FS Investors led the financing round with the participation of Investissement Québec, BDC Capital, Go Capital, certain funds managed by Fidelity Investments Canada ULC, Fonds de solidarité FTQ, Export Development Canada, ams Osram, Desjardins Capital, UI Investissement, Cowen Investment II LLC and other LeddarTech management. [Read more…] about LeddarTech raises $140 million to develop autonomous driving technology

Top 25 autonomous shuttle manufacturers

by

Autonomous vehicles have become an unsettling reality. Unsettling for some who can’t get used to the idea of cars driving themselves – too spooky, like ghosts living and driving among us. 

While those feelings of apprehension may prevent driverless cars taking to public roads for many years, manufacturers of autonomous shuttles are already doing a brisk trade.

Airports, for example, have been among the most enthusiastic customers for driverless shuttles that can transport passengers between the terminal and plane. In the past, airports provided driverless transport available on rails, which obviously requires greater investment in infrastructure. [Read more…] about Top 25 autonomous shuttle manufacturers