“Continental’s autonomous vehicle director says he expects the autonomous vehicle market to develop…”

Continental’s autonomous vehicle director says he expects the autonomous vehicle market to develop in a ‘two-streamed’ way.

In an exclusive interview with TU-Automotive, Andree Hohm, the component maker’s director of driverless mobility, said between now and 2022, the market would focus on development of technologies that purportedly allow existing, human-driven vehicles to be driven semi-autonomously and on cars that can function ‘driverlessly’. However, he added that it would take a long time for the latter market to become anything more than a niche segment.

Continental’s Hohm: AV Market to ‘Dual-Stream’ – TU Automotive
from Tumblr http://doronelinav.tumblr.com/post/182563086224

Continental’s Hohm: AV Market to ‘Dual-Stream’ – TU Automotive “it would take a long time for the latter (driverless) market to become anything more than a niche segment.” https://t.co/htisO0pXDO



from Twitter https://twitter.com/news_driving

Uber’s Q3 financials

  • Uber’s net losses increased 32% quarter over quarter to $939M
  • Revenue for Q3 up 5% QoQ at $2.95B and up 38% YoY
  • Adjusted EBITDA = 4.1% of gross bookings (down from 6.4% in 3Q17)
  • Gross cash: $6.55B, not including the $500M from Toyota or the $2B from debt offering
  • Uber’s self-driving car operation is said to be losing as much as $200M a quarter

 

 

Streetdrone Xenos

Xenos in-vehicle offers a combination of software and hardware which allows different vehicle controllers to communicate with autonomous applications, such as AI or functional safety.

– Hardware: ruggedized real time computer units
– Data Type: safety critical, deterministic
– Applications: drive-by-wire, functional safety, AI self-driving stack, vehicle dynamics
– Security: controlled access, encryption, data loss prevention, advanced analytics
– Interfaces: to OEM vehicle via header file, interface to applications via open source API

Xenos on-demand provides a secure, semi-structured database within the cloud which allows autonomous vehicles to communicate with cloud-based solutions, or provides non-real time connectivity to the AI systems

– Hardware: 5G/WiFi connected mobility router
– Data Type: real and non-real time
– Applications: fleet management, telematics, optimisation, data aggregation, remote mission control, targeted advertisement
– Security: IoT features data loss prevention, advanced analytics
– Interfaces: to OEM vehicle via header file, interface to applications via open source API

Technology dubbed Xenos will allow any vehicle to safely connect to artificial intelligence systems for autonomous driving. The Xenos platform, developed by Oxford-based self-driving test vehicle specialist StreetDrone, allows the car and the AI system to safely communicate with each other. A combination of software and hardware, the platform allows different vehicle controllers to communicate [?]

 

Sense-Photonics

https://sense-photonics.com/

Developing solid-state LiDAR.

Previously raised $2.8 million (Aug 2017)

Sense Photonics Inc. (Durham, North Carolina), a startup founded in 2016 to produce lidar and 3D sensors, has raised $14.4 million in equity finance, according to a Securities and Exchange Commission filing.

 

Guardian raises $2.5M pre-seed B funding

Investors include Union Ventures, B&E Equities, and other private investors. The investment is part of a pre-B round that totals $5.6M.

TEL AVIV, Israel, Nov. 12, 2018 /PRNewswire/ — Guardian Optical Technologies today announced that it received an additional investment of $2.5 million from…

 

Quanergy Closes Series C Financing; Valued at Over $2 Billion

Quanergy Systems, Inc., a Sunnyvale, Calif.-based leader in the development and manufacture of LiDAR sensors and smart sensing solutions, secured Series C funding at a valuation exceeding $2 billion.

An undisclosed global top-tier fund was the lead investor.

Quanergy Systems, a developer of LiDAR sensors and smart sensing solutions, secured Series C funding at a valuation of over $2 billion