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LeddarTech Acquires Phantom Intelligence Assets

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Lidar and environmental sensing company LeddarTech has announced the acquisition of Phantom Intelligence’s assets, including its full intellectual property and technology portfolio. The move gives LeddarTech access to specific Phantom Intelligence lidar designs, software, and associated customer and partner projects. Phantom Intelligence’s signal processing and lidar technology aims to improve the safety of travel through solutions that enable reliable advanced driver assistance systems (ADAS).

In picking up the lidar and signal processing company’s assets, LeddarTech has now completed two transactions in the last two months. LeddarTech acquired Israeli sensor-fusion and perception technology company Vaya Vision in July.

 



Vision-Spectra.com
Sep 2020
GLOSSARY
lidar
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.
Businessacquisitionsmergers & acquisitionsintellectual propertyIPlidarenvironmental sensingenvironmental sensing systemenvironmental analysisLeddarTechPhantom Intelligencelidar (light detection and ranging) systemautonomous vehiclesself-driving vehicles

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