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Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

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The global market for Advanced Driver Assistance Systems (ADAS) is projected to be valued $63 billion by 2024, according to a report by Accurize Market Research. 

The sector is expected to see a compound annual growth rate of 10.7 percent from 2017 to 2025.

Advanced driver assistance systems, or ADAS, are systems developed to automate, adapt, and enhance vehicle systems for safety and improved driving to assist the driver in the driving procedure. [Read more…] about Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

Autonomous driving software startup Helm.ai raises $26 million in new funding

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Helm.ai, creator of next-generation AI software for autonomous driving, today announced it has raised $26 million in series B funding.

This funding will help Helm.ai better serve its rapidly growing customer base, and accelerate product expansion of its highly scalable approach to autonomous driving software.

Additional funding in this round was from JM Partners, Base Capital Funding, and Freeman Group, with additional participation from Nicolas Berggruen, ACVC Partners, OneWay Ventures, Binnacle Partners, Nadia Asoyan, Vlad Tenev, Mark Leslie, Jeff Rothschild, and Neil King. [Read more…] about Autonomous driving software startup Helm.ai raises $26 million in new funding

Advanced driver assistance systems market projected to reach $60 billion by 2026

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The advanced driver assistance system market is likely to exceed a valuation of $60 billion by the end of 2026, according to a research report by Global Market Insights.

Growing number of research and development activities centered on integrating technologies like AI to enhance passenger safety is stimulating the development of new ADAS systems.

The advanced driver assistance systems form an integral and intelligent cog of the automobile interiors. These systems assist the main driver in ample ways by providing them the vital information about traffic, roadblock, congestion levels, suggested routes, and others. [Read more…] about Advanced driver assistance systems market projected to reach $60 billion by 2026

Cepton secures ‘industry’s largest” ADAS lidar deal with global automotive manufacturer

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Lidar solutions provider Cepton Technologies has secured an ADAS lidar series production award at a leading, Detroit-based global automotive manufacturer.

Cepton says the contract is “the industry’s largest award to date”.

This represents a landmark milestone both for the lidar industry as well as for Silicon Valley-based Cepton, which celebrates its five-year anniversary this month. [Read more…] about Cepton secures ‘industry’s largest” ADAS lidar deal with global automotive manufacturer

Arrival partners with Ambarella to develop advanced driver assistance systems

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Arrival, a develop of electric vehicles, has selected the Ambarella CV2FS CVflow AI vision processor for the environmental perception module available for all types of Arrival vehicles.

The module will be used to enable autonomous driving (AD) and ADAS features in the Arrival Bus and Van.

Arrival believes it will accelerate the mass adoption of EVs globally by producing affordable commercial vehicles across the whole transportation ecosystem, and working closely with cities and governments to transform mobility. [Read more…] about Arrival partners with Ambarella to develop advanced driver assistance systems

Brodmann17 adds ADAS to Peachtree Corners’ Level 3 autonomous vehicle for real-world smart city testing

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Brodmann17 has become the first company to add its technology to Peachtree Corners’ Curiosity Lab’s Level 3 autonomous test vehicle.

Peachtree Corners says it is one of America’s first smart city environments powered by real-world connected infrastructure and 5G.

Brodmann17 will further develop and prove out its state-of-the-art software-only perception technology for assisted driving in real-world conditions. [Read more…] about Brodmann17 adds ADAS to Peachtree Corners’ Level 3 autonomous vehicle for real-world smart city testing

Infineon and Reality AI teach cars how to ‘hear’

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Today’s advanced driver assistance systems (ADAS) are based on cameras, radar or lidar. As a result, their target objects need to be within the line of sight to be recognized by the system.

This, however, turns into a weakness when it comes to emergency vehicles – they can be heard much earlier than they can be seen and thus are invisible to ADAS for a longer time.

To address this challenge, Infineon Technologies together with Reality AI created an advanced sensing solution giving vehicles the sense of hearing. [Read more…] about Infineon and Reality AI teach cars how to ‘hear’

Unity partners with Mando to develop advanced driver assistance system

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Unity, one of the best-known platforms for creating games, is partnering up with South Korean self-driving technology company Mando to develop front camera simulation technology for advanced driver assistance systems (ADAS).

Unity has signed a Memorandum of Understanding (MOU) with Mando to develop an ADAS front camera simulator. This MoU will combine Mando’s expertise in technology with Unity for a joint effort to develop an ADAS front camera simulator.

This is South Korea’s first collaboration case between an automotive parts company and a game engine developer. [Read more…] about Unity partners with Mando to develop advanced driver assistance system

VW partners with Microsoft to build computing platform for autonomous vehicles

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Volkswagen says it is further strengthening its capabilities in the development of autonomous or highly automated driving (AD) solutions with a new partnership with Microsoft.

The Group’s software company Car.Software Organisation will collaborate with Microsoft to build a cloud-based Automated Driving Platform (ADP) on Microsoft Azure and leverage its compute and data capabilities to deliver automated driving experiences even faster at global scale.

With ADP running on Azure, Car.Software Organisation will increase the efficiency of the development of advanced driver assistance systems (ADAS) and AD functions for passenger cars across Volkswagen Group brands. [Read more…] about VW partners with Microsoft to build computing platform for autonomous vehicles

AImotive and Sony partner to develop ADAS capability for Vision-S prototype

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AImotive, the most highly-funded automated driving technology company in Europe, is working with Sony to develop its automated driving software stack with Sony’s Vision-S Prototype (main picture and below).

According to Sony, the Vision-S – announced at CES 2020 – is conceived to re-imagine mobility as we know it, by integrating the advanced ADAS and automated driving systems with the latest electric vehicle technology and an innovative entertainment system.

Sony disclosed an update of the Vision-S concept on January 11 at the all-digital CES 2021, highlighting that prototypes are already being tested on public roads. [Read more…] about AImotive and Sony partner to develop ADAS capability for Vision-S prototype