tiprankstipranks
Stellantis invests in SteerLight
The Fly

Stellantis invests in SteerLight

Stellantis Ventures, the corporate venture fund of Stellantis, announced it has invested in SteerLight, the developer of a new generation of high-performance LiDAR sensing technology. Employing silicon photonics technology, which combines a universal semiconductor material with the speed of photos, the SteerLight LiDAR senses the surrounding environment in three dimensions with higher resolution and precision, and at a lower volume production cost, than currently available LiDAR systems. The technology has the potential to give drivers of future Stellantis brand vehicles better performance in a variety of advanced driver assistance systems, including automated driving.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles