StradVision Enters into Partnership with Leading OEM and Tier 1 Supplier on Developing ADAS Systems in Vehicle

StradVision Enters into Partnership with Leading OEM and Tier 1 Supplier on Developing ADAS Systems in Vehicle

September 25, 2019

StradVision is working on the ADAS system by developing a key component that is a front-camera project in vehicles, for which it has partnered with a leading European OEM and a Korean Tier 1 supplier. The vehicles with this system will start showing up on the roads by late 2020.

 The project will focus on the deep learning-based SVNet External vision processing software of StradVision and should be completed by the beginning of 2020.

StradVision CEO Junhwan Kim said this project is an exciting development, and further proof of StradVision’s growth in the emerging Autonomous Vehicle market.

StradVision’s SVNet software will be at the core of millions of Autonomous Vehicles around the world in the years to come, and this partnership is an important step in this process,” Kim said. “We appreciate that our continued dedication to achieving the highest standards and maximizing the quality of our software has been recognized by a leading global OEM.”

The SVNet External software of StradVision enables vehicles to execute self-driving functions and has features like automatic emergency braking, adaptive cruise control, lane departure warning, and blind spot detection.

Apart from the deep-learning expertise, StradVision has also learned the coveted ASPICE CL2 certificate, and applies the ISO26262 functional safety standards, allowing the company to deliver high performance to OEMs and Tier 1s.

The SVNet is known to have many other varied features such as it provides real-time feedback, detects obstacles in blind spots, and alerts the drivers to potential accidents. It also prevents collisions by detecting lanes and abrupt lane changes, even in poor lighting or weather conditions.

With such amazing beneficial features, StradVision is already deploying ADAS vehicles on Chinese roads and has 5 production projects in Europe as well as China.

Source: StradVision

Author : Meha Prasad

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