Continental AG Acquires Auto Lidar Division of ASC

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.