Stellantis Ventures, the corporate venture fund of Stellantis N.V., has announced it has invested in SteerLight, the developer of a new generation of high-performance LiDAR (Light Detection and Ranging) sensing technology.
Employing silicon photonics technology, which combines a universal semiconductor material with the speed of photos, the SteerLight LiDAR senses the surrounding environment in three dimensions with higher resolution and precision, and at a lower volume production cost, than currently available LiDAR systems.
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The technology has the potential to give drivers of future Stellantis brand vehicles better performance in a variety of advanced driver assistance systems (ADAS), including automated driving.
Ned Curic, Stellantis Chief Engineering and Technology Officer said: “Automated driving enhancements remain a top priority at Stellantis.”
SteerLight, a spin-off of the French CEA-Leti technology center, employs Frequency Modulated Continuous Wave (FMCW) LiDAR based on silicon photonics technology that puts the system on a microchip.
François Simoens, co-founder and CEO of SteerLight said: “Our new LiDAR technology is key to support new services in the automotive industry, and we are looking forward to working together to advance the next generation of vehicles.”
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By GlobalDataSince its inception in 2022, Stellantis Ventures has invested in 12 startups and one mobility fund.
Details of the investment amount were not disclosed.
