SiLC Technologies gets Honda investment

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SiLC Technologies has announced it has received an investment from Honda to develop next-generation FMCW LiDAR solutions for all types of mobility.

SiLC says it is a leading developer of integrated, single-chip FMCW (Frequency-Modulated Continuous Wave) LiDAR solutions and focuses on enabling advanced AI-based machine vision.

Honda invests in innovative startups through its global open innovation program, Honda Xcelerator Ventures. This program is led by Honda Innovations, a subsidiary of Honda Motor Co., Ltd.

Manabu Ozawa, Managing Executive Officer, Honda Motor Co. said: “Honda is striving for zero traffic collision fatalities involving our motorcycles and automobiles globally by 2050. We believe that SiLC’s advanced LiDAR technology will become an important technology for us.”

Equipping vehicles with advanced AI vision capabilities that autonomously detect hazards, predict movements and prevent accidents can significantly enhance safety, efficiency, and reliability, SiLC says.

Dr. Mehdi Asghari, CEO of SiLC Technologies, said: "This investment from Honda, the world's largest mobility vehicle manufacturer, will accelerate our progress toward a society with fully autonomous solutions that enhance our safety and address our widely spread labor shortages across many critical markets.”

"SiLC Technologies gets Honda investment " was originally created and published by Just Auto, a GlobalData owned brand.


 


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