Hesai Strengthens Patent Portfolio with Swiss IP Acquisition, Advancing Next-Gen Solid-State Lidar FTX to Drive Robotics Revolution

Core Insights - Hesai Technology is the global leader in lidar technology for automotive mobility and robotics applications, holding the largest number of published patent applications for lidar globally [1][2] - As of December 2024, Hesai has nearly 1,800 patents and patent applications worldwide, with over 1,500 published patent applications specifically for the lidar industry and more than 600 granted global patents [2] - The company has strategically acquired Swiss digital lidar patents, enhancing its intellectual property portfolio and solidifying its position as an innovation powerhouse in the lidar market [1][2] Patent and Technology Development - SPAD (Single Photon Avalanche Diode) technology is a core component of digital lidar, and Hesai began research in this area in 2016, making it one of the first companies to do so [3] - The acquisition of Fastree3D, a pioneer in SPAD technology, allows Hesai to integrate advanced SPAD core patented technology into its proprietary fourth-generation platform, set to enter production in 2025 [3][4] - This new platform aims to produce high-quality, high-performance, and affordable lidar products, accelerating the large-scale development of the lidar industry [4] Product Features and Capabilities - Hesai's next-generation solid-state FTX lidar features an industry-leading field of view (FOV) of 180° x 140°, with a range of 30 m at 10% reflectivity and a point rate of 492,000 points per second, which is 2.5 times higher than the previous generation [5] - The FTX lidar is designed to be compact, weighing 66% less than its predecessor, and has a reduced exposed window area by 40% [5] - Hesai's solid-state FTX lidar, along with mini JT128 and JT16 domed lidars, can be integrated into various intelligent robots, providing a cost-effective alternative to traditional 2D lidars or cameras [6] Market Performance and Expectations - In December 2024, Hesai delivered over 20,000 lidar units to robotics customers and expects to ship over 1 million lidar units in 2025, supported by its in-house mass production capabilities and ongoing innovation [7]