Opsys Tech, a developer of Pure Solid State Scanning Micro-Flash LiDAR, announced a deal to supply LiDAR systems to world leading auto parts supplier HASCO for inclusion in production vehicles as early as 2024 or 2025. HASCO is a global supplier to several major automakers.
Also Read: The 2022 Washington, D.C. Auto Show Celebrated Its Future of Mobility
The HASCO deal builds on another recent Opsys Tech announcement to supply LiDAR units to another Asia-based supplier for production vehicles within the next two to three years. These deals support Opsys Tech’s confidence that it is on track to be a major supplier in the automotive LiDAR market.
“This agreement with a world leading Tier 1 automotive supplier HASCO, enables Opsys to enter the Asian automotive LiDAR systems market segment. It represents a strong and growing recognition that Opsys-Tech Pure Solid State Scanning Micro-Flash LiDAR technology and its superior performance to that of competitive systems, which will increase the safety of vehicles on the road while enabling the evolution of autonomous functionality at all levels up to L5” said Opsys Tech Chairman Eitan Gertel.
“HASCO has worked in the ADAS field for more than 10 years and has launched lots of products to the market such as millimeter radar (includes forward looking, surround, 4D imaging radar, In-Cabin Child presence detection radar, power door radar), smart camera, fusion system, domain controller etc. With the several years cooperation with OPSYS Tech, HASCO has decided to go with the pure Solid State Scanning LiDAR technology which OPSYS Tech developed and HASCO has tested. This agreement supports HASCO to bring advanced LiDAR technology to customers in China and supports our customers for more advanced function of autonomous driving,” said Mr. Xie Bin, General Manager of HASCO ADAS Business Unit.
“The signing of this collaboration agreement with a world leading Tier 1 supplier in China is a major step to bring Opsys LiDAR technology into significant number of brands, including global OEMs active in China and local OEMs with activity in western markets. This partnership includes exclusive terms, which represent the trust both parties have in each-other capabilities to bring best-in-class product to market in mass production to enable safe ADAS and Autonomous Driving features,” said Opsys Director of Business Development APAC Stav Shvartz.
Automakers are pursuing use of LiDAR technology to increase vehicle safety; enhance advanced driver assistance systems (ADAS) and enable the adoption of L3/L4/L5 autonomous driving applications.
Opsys Tech has created an entirely new and ground-breaking category of LiDAR: Pure Solid State Scanning Micro-Flash LiDAR with no moving parts. Opsys Tech’s patented Scanning Micro-Flash technology combines the best of existing methods without trade-offs, while delivering superior reliability and performance in every critical category at best value. Opsys Tech LiDAR technology delivers the advantages of flash LiDAR (low cost, robust and solid-state) with the better range and resolution of mechanical-sweep or oscillating mirrors (MEMS and Galvanometer systems). Opsys Tech Pure Solid State Scanning Micro-Flash LiDAR offers higher durability and better performance than other technologies that use any combination of mechanical moving parts, such as MEMS or rotating systems.