GlobeNewsWire: LeddarTech acquires the assets of Phantom Intelligence, including all of its intellectual property and technology. Founded in 2011, Phantom Intelligence is recognized for their expertise in signal processing and LiDAR technology that protects vulnerable road users (VRUs) and improves the safety and fluidity of travel by offering solutions that enable reliable advanced driver assistance systems (ADAS).
“The Phantom Intelligence acquisition further advances our strategy to aggregate and consolidate automotive sensing technologies, enabling LeddarTech to offer comprehensive solutions to our customers at lower costs,” stated Frantz Saintellemy, President and COO of LeddarTech. “At LeddarTech we have, despite the COVID 19 pandemic, accelerated our drive towards serving multiple transportation and vehicle markets with end-to-end sensing solutions that provide our ADAS and AD customers a faster path to market at lower costs.”
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