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In a groundbreaking collaboration, LeddarTech and Texas Instruments have joined forces to deliver a scalable, high-performance Advanced Driver Assistance Systems (ADAS) and autonomous driving solution. This bundled solution aims to address challenges such as complexity, development cost, risks, and validation, while delivering better performance over existing solutions.

The partnership, which marks a strategic milestone for LeddarTech, brings together open hardware and software solutions, providing OEMs and Tier 1 customers with the flexibility to integrate their own application software. This collaboration is expected to democratize access to safety for everyone on any budget.

LeddarTech's vision is to be one of the most valuable software companies in the world, and this partnership is a testament to their ambition. The software architecture allows for flexibility and scalability, adaptable to various levels of ADAS and autonomous driving applications.

The LeddarVision software, integrated with TI's SoC platform, simplifies the development process for OEMs and Tier 1s by providing a pre-ported, fully validated solution. This integration has been positively received by automotive manufacturers and Tier-1 suppliers including Valeo, ZF, and Hyundai Mobis, who have noted enhanced perception capabilities and improved system performance.

The solution presents a compelling offering with the potential for faster time-to-market, lower-cost solutions, and higher performance than what is currently available to customers. It supports additional application functions, such as driver monitoring systems and in-vehicle infotainment, within a single platform.

Texas Instruments has made a significant financial commitment to the collaboration, with an advanced royalty payment of nearly $10 million. This non-dilutive money is a strong signal to the market that TI and LeddarTech are fully committed to making a meaningful long-term impact in the ADAS and AD space together.

The solution will be demonstrated at CES in 2023, showcasing a premium surround solution for level 2-plus applications. The solution delivers best-in-class performance while reducing costs without compromising safety and quality. After CES 2023, the solution will be available for customer experience in vehicles.

LeddarTech and Texas Instruments aim to make a significant impact in the automotive industry with this collaboration. The software-processor bundle brings superior performance, flexibility, and cost efficiency to the entire automotive ecosystem. With over 50 in-vehicle, on-the-road demonstrations conducted since September, and overwhelmingly positive feedback from OEMs and Tier 1 suppliers, it seems that they are well on their way to achieving this goal. LeddarVision is expected to be the most deployed software stack for ADAS and autonomous driving in the future.