Innoviz Technologies and Vueron Technology will partner to build an autonomous driving platform for LiDAR-only self-driving vehicles. The collaboration will leverage Innoviz’s high-resolution LiDARs and Vueron’s perception software for a new solution for the South Korean market.
Vueron received one of the few self-driving permits issued by the South Korean government in January 2021. Following receipt of the permit, Vueron executed a 414-kilometer, fully automated, LiDAR-only drive from the capital city of Seoul to the southern port city of Busan, at a maximum speed of 100 km/hr. The mandated safety driver on board did not touch the steering wheel at any point during the five-hour drive.
“We are impressed by Vueron’s high-performance LiDAR perception software and appreciate their unique understanding of the automotive LIDAR market in South Korea,” said Omer Keilaf, CEO and co-founder of Innoviz. “Innoviz’s LiDAR and Vueron’s software jointly enable an accurate and reliable LiDAR solution that meets the needs of customers in this region.”
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“We are pleased to partner with Innoviz and use their solid-state LiDAR sensor, InnovizOne, in our autonomous vehicles,” added Joseph Kim, CEO of Vueron. “We see InnovizOne as the front-runner in LiDAR technology and design and highly recommend it to our peers.”
Future Plans & Goals
While more details are likely forthcoming about this collaboration, Innoviz and Vueron say they are both committed to developing autonomous technologies together. This most recent news for Innoviz follows two important events for the company already in 2021: receiving its NASDAQ listing and the announcement of new performance updates for one of its signature product offerings.
“We look forward to many years of fruitful cooperation, using Innoviz LiDAR in our solutions for ADAS, autonomous vehicles, industrial safety, IOT, and security systems,” Kim said.