LeddarTech and Osram have entered into a long-term agreement.
LeddarTech will provide its LiDAR hardware and software components into Osram’s Percept LiDAR platform.
LeddarTech says the Percept LiDAR platform is the first flexible solid-state LiDAR platform engineered with a strict focus on industrialisation and automotive qualification.
In a Tier 2 role, Osram wants to offer a mid- to long-range platform to OEMs, Tier 1s and system integrators that can be adapted for their specific application.
This partnership targets delivering the industry’s first automotive-grade ADAS and eventually fully autonomous driving systems at mass-market pricing.
“Early in 2017, Osram recognised LeddarTech’s promising technological LiDAR approach based on unique software and hardware components and therefore invested US$70m to become a major shareholder,” said Osram CEO, Olaf Berlien.
“Since then, we have committed over US$70m more on developing LiDAR products, which has allowed Osram to offer LiDAR solutions to Tier 1s and OEMs that meet their cost and performance requirements for mass deployment.”
Osram’s Percept LiDAR integrates LeddarTech’s LeddarEngine, which is comprised of a family of integrated system-on-chips and related LiDAR measurement software, which are ISO 26262 and significantly reduces system cost and development time.
Osram and LeddarTech will also collaborate to deliver perception software solutions that deliver an enhanced 3D environmental model using the Percept LiDAR. These solutions will be based on LeddarTech’s perception technology, including raw data sensor fusion.
A joint LeddarTech and Osram statement noted the technology contributes to deliver enhanced and cost-efficient ADAS systems through the fusion of LiDAR, cameras, and radar and with lower overall system computing power.
“Osram’s presence selling into every major OEM with the Percept LiDAR platform will transform the automotive industry and enable mass deployment of ADAS systems, leading to a significantly safer and vastly enhanced user experience,” added LeddarTech CEO, Charles Boulanger.
“Osram is one of the most respected automotive suppliers for optical systems and is positioned to be one of the leading suppliers of automotive LiDAR solutions.”