We have thrilling news to share with you today! LeddarTech Inc., the automotive software company known for its disruptive sensor fusion and perception technology, is joining forces with Prospector Capital Corp. (Nasdaq: PRSR, PRSRU, PRSRW), a publicly traded special-purpose acquisition company led by former Qualcomm President Derek Aberle and chaired by former Qualcomm Vice Chairman Steve Altman.
This collaboration is a major milestone for LeddarTech, as it will make the company publicly listed. The transaction, expected to close by Q4 2023, will list LeddarTech on Nasdaq under the ticker symbol LDTC. Renowned for our industry-leading sensor fusion and perception software, LeddarTech’s solution is both sensor and processor-agnostic, significantly reducing costs for automotive OEMs and suppliers. It offers enhanced performance and scalability for ADAS/AD applications, from entry-level to premium vehicles.
We are committed to advancing automotive technology, delivering innovation and empowering our customers with cutting-edge software. Our upcoming public listing will strengthen our industry position, expanding our capabilities and driving greater value for you.
We extend our heartfelt gratitude for your continued support and trust in LeddarTech. Stay tuned for further updates as we embark on this exciting journey together.
LVS-2+ is a comprehensive fusion and perception software stack supporting premium surround-viewL2/L2+ ADAS highway assistance and 5-star NCAP 2025/GSR 2022 safety applications, based on LeddarVision low-level fusion (LLF) and perception technology
This document explains the principle, configurations & workings of sensor fusion & demonstrates a practical application of sensor fusion in ADAS through attitude estimation & concludes by presenting commercially available solutions.