Quebec City
,
January 4, 2024
/PRNewswire/ – LiDAR Tech
®
(NASDAQ: LDTC), an automotive software company providing patented AI-based low-level sensor perception and fusion software technology for ADAS, AD and parking applications, is pleased to announce its presence at CES 2024 (Booth 11014 LVCC/North Hall) ) and to offer visitors an exclusive glimpse into the next generation of software technology and inspiring products that enable ADAS and AD applications.
Immerse yourself in the future of automotive innovation
With LeddarVision™, a high-performance, versatile low-level automotive sensor fusion and perception software platform, you create a comprehensive 3D environmental model from different sensor types (camera, radar, LiDAR) and configurations.
LeddarVision experience
and L2/L3 ADAS products in action in various climates and road conditions on the LeddarTech interactive dashboard featuring:
-
**new**
LeddarVision Surround
(LVS-2
+
)
is a premium peripheral vision fusion and perception package that efficiently expands the LVF sensor configuration of the 1VxR front vision product family to a 5V5R configuration. -
**AWARD WINNER**
Front entrance LeddarVision
(LVF-E),
5-star NCAP 2025/GSR 2022 ADAS L2/L2+ Highway Assist Front View Fusion and Awareness Kit featuring Texas Instruments' TDA4VM-Q1 processor. LVF-E achieves the lowest system cost for entry-level L2/L2+ advanced driver assistance systems.
Ride Along LeddarCar Live:
Customers and analysts are invited to book a real-world demo of LeddarTech's low-level perception and fusion software technology.
Clients, analysts, investors and the media are invited to schedule a meeting
Our team at CES to learn more about LeddarTech.
“Join us as we showcase our leading LeddarVision automotive software solutions in dynamic LeddarCar and unveil our cutting-edge ADAS products and technologies at CES 2024,” said Frantz Santelemi, President and CEO of LeddarTech. “CES is a great opportunity for us to engage with our customers, partners, media, investors and policy makers and to showcase how our technology improves mobility and quality of life for all road users. LeddarTech’s participation in CES 2024 underscores our pivotal role in advancing the future of automotive technology, strengthening our position as a leading player in automotive technology.” the cars.”
About Lidar Tech
A global software company founded in 2007 and headquartered in
Quebec City
With additional research and development centers in
Montreal
,
toronto
And
Tel Aviv, Israel
LeddarTech develops and provides end-to-end software solutions for AI-based low-level sensor and perception integration that enable the deployment of co-driver, autonomous driving (AD) and parking applications. LeddarTech's automotive software applies advanced AI and computer vision algorithms to create accurate 3D models of the environment for better decision-making and safer navigation. This high-performance, scalable and cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement ADAS solutions for automotive and off-road vehicles.
LeddarTech is responsible for numerous remote sensing innovations, with more than 150 patent applications (80 of which have been granted) that advance the capabilities of advanced driver assistance, automatic parking and control systems. Better vehicle awareness is crucial in making global mobility safer, more efficient, more sustainable and more affordable: that's what's driving LeddarTech to strive to become the most widely adopted sensor and perception fusion software solution.
Additional information about LeddarTech can be accessed at www.LeddarTech.com and on LinkedIn,
Twitter (X)
And Facebook and YouTube.
Forward-looking statements
Certain statements in this press release may be deemed forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended ( Which forward-looking statements shall also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, without limitation, statements regarding LeddarTech's anticipated strategy, future operations, forecast goals, financial projections and other financial metrics. Forward-looking statements generally include statements that are predictive in nature, depend on or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expects,” and “anticipates.” “,” “plan”, “likely”, “believe”, “estimate”, “project”, “intent” 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 may differ materially from those expressed in any forward-looking statement as a result of various factors, including, but not limited to: (1) the possibility that the anticipated benefits of the recent LeddarTech business combination will not be realized, and the expected tax treatment of LeddarTech; business combination; (2) the risk that shareholder litigation in connection with business combinations, settlements or other investigations could result in significant defense, indemnification and liability costs; (3) changes in general economic and/or industry-specific conditions; (4) potential disruptions from the business combination that could harm LeddarTech's business; (5) LeddarTech's ability to retain, attract and hire key employees; (6) potential adverse reactions to or changes in relationships with customers, employees, suppliers or other parties, including as a result of a business combination; (7) potential business uncertainty, including changes in existing business relationships following a business combination that could impact LeddarTech's financial performance; (8) legislative, regulatory and economic developments; (9) the unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, the outbreak of war or hostilities, any epidemic, pandemic or outbreak of disease (including COVID-19), as well as management's response to any The above factors; * access to capital and financing and LeddarTech's ability to maintain compliance with debt covenants; and (11) other risk factors as detailed from time to time in LeddarTech's reports filed with the U.S. Securities and Exchange Commission (“SEC”), including the risk factors contained in LeddarTech's final prospectus filed with the SEC on
December 4, 2023
. The above list of important factors is not exhaustive. Except as required by applicable law, LeddarTech undertakes no 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.
Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other trademarks, product names and marks are or may be trademarks or registered trademarks used to identify the products or services of their respective owners.
LeddarTech Holdings Inc. It is a public company listed on the Nasdaq Stock Exchange under the ticker symbol “LDTC”.
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Source: Lidar Tech
