![]() ![]() The expanded Argo and Princeton team will focus on accelerating the development of a virtual driver system mandated for SAE levels four and five, meaning it will operate without the need of a driver behind the wheel.įord has spent more than a decade on autonomous vehicle research, in a bid to achieve fully autonomous driving capability. Last year, in addition to investing a combined $150 million into Velodyne Lidar – a firm that develops technology for automotive, UAV, industrial and mapping applications – with Chinese search engine company Baidu, Ford demonstrated its lidar sensing system can function independently from cameras and radar by having an autonomous vehicle equipped with it guide itself through a desert environment.įunding and collaboration for automotive lidarĪccording to market research firm Yole Développement, the automotive lidar market is set to reach $1.4 billion by 2022, and will make up more than 30 per cent of the overall lidar market over the next five years, which itself is expected to be grow to $4.4 billion in 2022. ‘ will help us unlock new capabilities that will aid our virtual driver system in handling object detection in challenging scenarios, such as poor weather conditions, and safely operating at high speeds in dynamic environments.’ ‘Princeton Lightwave’s technology complements and expands the capability of lidar sensors already available to the automotive industry today,’ Salesky commented on the acquisition. Through the partnership Argo AI will help Ford develop an affordable autonomous system for a self-driving vehicle that it plans be on roads by 2021. ![]() In February, Ford announced its investment of $1 billion over the next five years into Argo AI, a startup formed by CEO Bryan Salesky, a multi-year veteran of Google’s self-driving team, and COO Peter Rander, the previous leader of Uber’s autonomous endeavours. The firm intends to use the technology that underpins Princeton’s lidar sensors to extend the range and resolution of its own sensory offerings.Īrgo AI will help Ford develop an affordable autonomous system for a self-driving vehicle that it plans be on roads by 2021. Argo AI, an artificial intelligence subsidiary of Ford that produces software for autonomous vehicles, has acquired lidar firm Princeton Lightwave to accelerate the development of its own self-driving technology. ![]()
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