2023-12-26

Omnitron Sensors Unlocks $6.3B LiDAR Market for Autonomous Navigation in Cars and Robotics

--Secures foundry partner, forms keystone partnerships, builds proof-of-concept — all on only $11M in venture capital to date Omnitron Sensors Co-founder & CEO Eric Aguilar aims to fix LiDAR -- and the automotive industry is lining up (Photo: Business Wire) LOS ANGELES--(BUSINESS WIRE)--The market for light detection and ranging (LiDAR) subsystems is surging toward $6.3B by 20271, in part driven by the automotive industry’s thirst for a precise optical technology that provides real-time 3D vision in all weather and lighting ...
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This year's report plays a key role in aligning with the upcoming standards of the European Union and is built on a significantly broader data foundation than in previous years. For the first time, the report includes all LEDVANCE entities... READ MORE

Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LEDs, is pleased to announce that Cube Direct Mountable Chip received the LightFair Innovation Awards in the LED Chips & Modules category. ... READ MORE