Continental AG Acquires Auto Lidar Division of ASC
SANTA BARBARA, Calif., March 28, 2016 — Mobility, transport and processing technology firm Continental AG will acquire the ASCar division — which develops lidar systems for the automotive industry — of Advanced Scientific Concepts LLC (ASC).
With the acquisition, Continental plans to mass-produce flash lidars at an affordable price to support the commercial automotive industry. ASC will continue to focus on providing 3D flash lidar custom and standard product solutions for space, manned airborne and underwater applications, including providing unmanned aerial systems, autonomous vehicle and 3D-mapping technology for domestic and international military markets.
- An acronym of light detection and ranging, describing systems that use a light beam in place of conventional microwave beams for atmospheric monitoring, tracking and detection functions. Ladar, an acronym of laser detection and ranging, uses laser light for detection of speed, altitude, direction and range; it is often called laser radar.
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