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LeddarTech Acquires Phantom Intelligence Assets
QUEBEC CITY, Sept. 29, 2020 — 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.
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Published: September 2020
Glossary
- lidar
- Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system.
Here is how lidar works:
Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
Businessacquisitionsmergers & acquisitionsintellectual propertyIPlidarenvironmental sensingenvironmental sensing systemenvironmental analysisLeddarTechPhantom Intelligencelidar (light detection and ranging) systemautonomous vehiclesself-driving vehicles