StradVision, an AI-based vision processing technology company for Autonomous Vehicles and ADAS systems, announced today that it has established a North American Headquarters in Michigan, allowing them to better develop new market opportunities in the United States.

In making the announcement, StradVision CEO Junhwan Kim announced COO Sunny Lee is relocating to Michigan from South Korea, to lead the U.S. office, and has been appointed CEO of StradVision Technology USA, established in 2018 as the company’s hub for technology development. As the leader of operation and technology development in the U.S., Lee is responsible for the expansion of business, and significant strengthening of the business and engineering team to provide close collaboration and technical support to local customers.

“We are very pleased to establish our new North American Headquarters in Michigan, which is at the forefront of research and development in ADAS and the Autonomous Vehicle business. This is a major step for StradVision as we continue to explore partnerships with U.S.-based partners,” Kim said.   

StradVision’s new office, located at 4544 Vineyards Blvd., Sterling Heights, will provide support and cooperation with North American-based OEMs, Tier-1 suppliers and semiconductor manufacturers.

ARaymond, an international automotive leader in fastening and assembly solutions, has announced the acquisition of CGA Technologies, an Italian manufacturer of high performing thermal cooling plates. This step follows the acquisition in early October of Castello Italia S.p.A., a company specializing in plastic tube extrusion for pneumatic applications within transportation and specific industrial market segments.

These acquisitions are not just about broadening the ARaymond product offering, but about scaling up complete and tailor-made plug-and-play solutions. The goal is to design and deliver optimized thermal management systems within the mobility and selected industrial sectors.

“As a leader of fastening and assembly solutions for more than 155 years, we continuously strive to reinvent ourselves and stay ahead in the fast-moving markets that we operate in. The automotive industry is shifting to electric and autonomous vehicles, and we want to actively contribute to this extraordinary transition. To meet our customers' evolving demands, we have a clear vision that agility and time to market are critical and that our customers are expecting complete solutions. For all these reasons, the acquisitions of CGA Technologies and Castello Italia S.p.A, are an ideal fit.  

“With this expansion, we are building up our Network to create sustainability for the future. This includes putting the well-being of our collaborators and the protection of our environment at the forefront of our priorities for our future generations.  We want to provide a service and product offering of the highest quality, that meets both our customers and employees demands for long-term growth and sustainability,” said Antoine Raymond, ARaymond CEO.

— Press release courtesy of ARaymond

StradVision, a pioneer in AI-based vision processing technology for Autonomous Vehicles and ADAS systems, today announced that it will introduce 'Sensor Fusion', a groundbreaking perception technology with significant precision improvement compared to existing technology, through a collaboration with Vueron Technology, a leading South Korean provider of Lidar perception software and autonomous driving technology. 

This technology is powered by StradVision's AI-based camera perception software 'SVNet' and Vueron Technology's Lidar -based perception solution 'View.One'. Working together, the two companies plan to deliver industry-leading ‘Sensor Fusion’ technology to the global automotive industry. This next-generation solution combines the camera’s advantages in object classification and lane detection with Lidar’s advantages in object detection and velocity prediction.

“We are excited to announce our collaboration with Vueron Technology for this innovative technology that is highly anticipated in the automobile industry. We believe that ‘Sensor Fusion’ can dramatically improve the limitations of the existing perception technology. We will work closely to prove our technology and provide the most advanced solutions to the automotive industry”, said Junhwan Kim, CEO of StradVision.

StradVision, a pioneer in AI-based vision processing technology for Autonomous Vehicles and ADAS systems, will introduce its deep learning-based object recognition software SVNet and its latest advancements to potential customers and investors at the 5^th edition of VivaTech, from June 16^th to 19^th. Vivatech is the largest event for startups in tech in Europe, and takes place in Paris in 2021. 

At the Korean Mobility Startups’ Pitching hosted by Korea Trade-Investment Promotion Agency (KOTRA) and Korea Investment Corporation (KIC) on the 18^th of June, and its online booth available from the 16^th to 19^th of June, StradVision will showcase its camera perception software SVNet and its latest features, which are adopted by major OEMs and automotive parts suppliers worldwide.

StradVision, which specializes in AI-based camera perception for ADAS systems and Autonomous Vehicles, has announced it is developing Animal Detection capabilities for its deep-learning based SVNet software. 

In the U.S. each year, there are more than 1.5 million deer-related accidents, which cause around 200 human deaths and 10,000 injuries, plus more than $1 billion in property damage.

At the 2020 Consumer Electronics Show (CES) from January 7-10, 2020, in Las Vegas, Audi will once again display exciting exhibits – from futuristic vision vehicles to technologies ready for series production. In doing so, the premium brand is defining the digital experience of the future. CES is one of the world’s biggest specialized fairs for consumer electronics and is considered to be an indicator of future topics. 

Open the door, take a seat and get away from the urban stress. The fully automated Audi AI:ME represents a personal “third living space,” alongside our homes and workplaces, that is familiar with the desires and needs of its users. Passengers can use eye tracking to communicate with the show car intuitively and have it order their favorite food, for example. They can also enjoy a wellness experience in the AI:ME. A pair of VR goggles in the car allows the occupants to enjoy a virtual flight across a spectacular mountain landscape. 

The technology adapts virtual content to the movements of the vehicle in real time. The result – passengers can fully relax and get away from their hectic day-to-day lives. They return to reality when they have arrived at their destination. The ordered food was delivered on time, coordinated by the AI:ME on the basis of the users’ personal preferences and the car’s navigation data. Journalists can test this concept of a mobility partner that anticipates your needs as part of an automated drive at CES 2020.