• LeddarTech has big-name backers, including Osram and Delphi
  • Company says solid-state LiDAR is better than rival technology

 

Having built an impressive lead in artificial intelligence, Canada is keen to do the same in driverless cars―specifically the LiDAR (laser radar) technology that lets these vehicles see where they’re going.

The nation’s main contender is LeddarTech Inc. The Quebec City-based company makes solid-state technology it says is better and cheaper than earlier versions of LiDAR and sells it to parts makers, which in turn bake it into their hardware. LeddarTech has attracted big-name industry backers including Delphi Automotive, Germany’s Osram Licht and Fiat Chrysler’s parts division, which last month participated in a $101 million fundraising round.

Read the full article here