Automotive Software

Search documents
LeddarTech Announces the Launch of LeddarSim: Next Leap in Realistic Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) Simulation
Globenewswire· 2025-05-14 11:02
Core Insights - LeddarTech has launched LeddarSim™, a next-generation simulation platform aimed at bridging the gap between virtual testing and real-world deployment in advanced driver assistance systems (ADAS) and autonomous driving (AD) [1][2] Company Overview - LeddarTech is an AI-powered software company founded in 2007, headquartered in Quebec City, with additional R&D centers in Montreal and Tel Aviv, specializing in low-level sensor fusion and perception software solutions for ADAS and AD applications [5][6] - The company holds over 190 patent applications, with 112 granted, enhancing capabilities in ADAS, AD, and parking [6] Product Features and Benefits - LeddarSim utilizes multi-modality neural reconstruction to create sensor-accurate, real-time renderings of driving scenarios, significantly improving the fidelity of simulations [2][4] - The platform allows automotive OEMs and Tier 1 suppliers to accelerate testing and validation cycles, enabling faster market entry for next-generation ADAS and AD solutions [4][6] - LeddarSim offers a cost-effective solution, achieving a 10x reduction in data and annotation costs, while also minimizing non-recurring engineering expenses [6] - The platform supports simultaneous simulation of data from cameras, radar, and LiDAR, optimizing multi-sensor perception systems [6] Market Context - The demand for simulation tools in the automotive industry is expected to exceed $4.6 billion by 2035, indicating a significant growth opportunity for LeddarSim [4]
LeddarTech to Announce Second Quarter 2025 Financial Results and Host Investor and Business Update Call on May 14, 2025
Globenewswire· 2025-04-30 12:00
Company Overview - LeddarTech Holdings Inc. is an automotive software company specializing in AI-powered low-level sensor fusion and perception software technology, known as LeddarVision™, for Advanced Driver Assistance Systems (ADAS), autonomous driving (AD), and parking applications [1][3] - The company was founded in 2007 and is headquartered in Quebec City, with additional R&D centers in Montreal and Tel Aviv, Israel [3] Upcoming Financial Results - LeddarTech plans to release its second quarter 2025 financial results before the market opens on May 14, 2025 [1] - An Investor and Business Update conference call and webcast will be held on the same day at 8:00 a.m. ET, featuring Frantz Saintellemy, President and CEO, and Chris Stewart, CFO [1] Technology and Innovations - LeddarTech has over 170 patent applications, with 87 granted, focusing on enhancing ADAS, AD, and parking capabilities [4] - The company's technology aims to improve vehicle awareness, contributing to safer, more efficient, sustainable, and affordable global mobility [4] Market Position - LeddarTech seeks to become the most widely adopted sensor fusion and perception software solution in the automotive industry [4]
LeddarTech Announces Receipt of Nasdaq Deficiency Notice
Globenewswire· 2025-03-21 20:30
Core Points - LeddarTech Holdings Inc. has received a notification from Nasdaq indicating that it did not meet the minimum bid price requirement of US$1.00 per share for continued listing on the Nasdaq Capital Market over a 30-day period from February 4, 2025, to March 18, 2025 [1] - The company has a 180-day period to regain compliance with the listing requirement [1][2] - The letter does not have an immediate effect on the trading of the company's shares, which will continue to be listed under the symbol "LDTC" [3] Company Overview - LeddarTech is an automotive software company founded in 2007, headquartered in Quebec City, with additional R&D centers in Montreal and Tel Aviv [5] - The company specializes in AI-based low-level sensor fusion and perception software solutions for advanced driver-assistance systems (ADAS), autonomous driving (AD), and parking applications [5] - LeddarTech holds over 170 patent applications, with 87 granted, focusing on enhancing ADAS, AD, and parking capabilities [6] Technology and Market Position - The company's technology utilizes advanced AI and computer vision algorithms to create accurate 3D models of the environment, improving decision-making and navigation safety [5] - LeddarTech aims to become the most widely adopted sensor fusion and perception software solution in the automotive industry [6]