Stellantis Strengthens ADAS Commitment with Steerlight Investment

Lidar technology company SteerLight has received an investment from Stellantis Ventures, the corporate venture fund of automotive manufacturer Stellantis N.V. SteerLight is a producer of compact frequency modulated continuous wave (FMCW) lidar systems based on silicon photonics technology. The CEA-Leti spinoff is targeting advanced driver assistance systems (ADAS), an area of focus for Stellantis.

SteerLight’s frequency modulated continuous wave (FMCW) aims to deliver higher performance capabilities for ADAS applications. Courtesy of Stellantis.

Terms of the investment were not disclosed. SteerLight also plans to address industrial and mobility applications.

Steerlight's FMCW technology provides accurate depth and velocity data while resisting interference from the surrounding environment and other users. According to SteerLight, their lidar systems offer higher resolution and precision with lower production costs than those that are currently available. Other developers of FMCW lidar solutions include Scantinel Photonics, SiLC Technologies, Ommatidia, and Aeva.