Benzinga·2026-01-06 17:30Core Insights - Hesai Technology has been selected by NVIDIA as a lidar partner for the DRIVE AGX Hyperion 10 platform, which is aimed at accelerating the development of Level 4-capable vehicles [1][2]. Group 1: Partnership and Technology - Hesai's lidar technology will be integrated into an open, production-oriented architecture that automakers and developers can utilize to create and validate autonomy-ready systems [2]. - The Hyperion 10 platform combines various sensing modalities, including cameras, radar, lidar, and ultrasonic sensors, into a unified setup for enhanced perception and safety development [2][3]. - NVIDIA's platform is powered by two DRIVE AGX Thor systems-on-a-chip, delivering over 2,000 FP4 teraflops of processing power for real-time, 360-degree sensor fusion [3]. Group 2: Product Features and Applications - Hesai will support the Hyperion 10 platform with its ETX ultra-long-range lidar, designed for Level 3 and Level 4 applications, featuring high resolution and options for clean vehicle integration [3]. - The company is also expanding into new sensing use cases, including 3D motion capture technology, indicating a broader focus on spatial data and real-time perception beyond the automotive sector [4]. Group 3: Market Performance - Hesai's stock was trading higher by 1.67% at $27.08 at the time of publication, reflecting positive market sentiment following the announcement [4].