Self-driving vehicles need fast and accurate perception as they move at highway speeds. STRADVISION yesterday announced that it has opened a new Autonomous Driving Workshop in Dongtan, Gyeonggi-do, Korea, to strengthen vehicle object-recognition technology.
Founded in 2014, STRADVISION has developed artificial intelligence-based vision perception technology for advanced driver-assist systems (ADAS) and autonomous vehicles. The San Jose, Calif.-based company claimed that it is “accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors.”
STRADVISION's SVNet is being deployed on various vehicle models in partnership with OEMs worldwide. It has more than 300 employees in Seoul, Detroit, Tokyo, and Shanghai, as well as Friedrichshafen and Dusseldorf in Germany.
The company's North American headquarters are in Troy, Mich., and it raised $88 million in Series C funding in August 2022.
STRADVISION invests in R&D workshop
STRADVISION said its Autonomous Driving Workshop is available for optimizing and calibrating cameras and sensor equipment within its nearly 18,000 sq. ft. of space. It is equipped with an environment to verify and develop camera-based autonomous driving and various technologies such as lidar and radar.
The company said its goal is to enable research and development tailored to the level of autonomous driving technology. Up to 40 engineers can simultaneously test and develop up to six test vehicles in the independent workshop, it added.
STRADVISION noted that it won Frost & Sullivan's 2022 Global Technology Innovation Leadership Award, the Gold Award at the 2022 and 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (software category).
In addition, STRADVISION and its software have achieved TISAX's AL3 standard for information security management, as well as being certified to the ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety.
Expansion to serve global customers
STRADVISION has operated its development test center in Gyeongju, Korea, since its inception until recently. It added that the new workshop in Dongtan has established a state-of-the-art test environment, enabling more efficient development and effective promotion by significantly increasing accessibility for global customers.
In particular, STRADVISION said it put its Autonomous Driving Workshop in the most significant industrial cluster in the Dongtan metropolitan area. It said it expects to collaborate with both local and international partners.
“To verify STRADVISION's autonomous driving technology and materialize customer demos, we expanded and relocated the workshop to where it can perform cutting-edge work while expanding the test space,” stated STRADVISION CEO Junhwan Kim. “Through this newly opened workshop, we will further strengthen the various functions of the SVNet solution while further accelerating the mass-production project with practical technology verification for customers.”
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