LeddarTech® Holdings Inc. (NASDAQ: LDTC) shares bounced Wednesday, as the company an automotive software concern that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, presents the high-performance LeddarNavigator. This demo car will showcase the next level in ADAS technology to automotive OEMs and Tier 1s during its tour across Europe beginning July 25, and ending at Autosens Europe in Barcelona, on October 10.
The LeddarNavigator is equipped with the LeddarVision AI-based low-level sensor fusion and perception family of automotive software products. These extend sensor performance beyond what is typically achieved with object-level fusion and address the known cost and performance challenges Tier 1-2 suppliers and OEMs struggle with when developing L2/L2+ ADAS applications.
During the roadshow, LeddarTech will provide live demonstrations of the products developed for entry-level and premium Level 2/2+ ADAS applications that are targeting the stringent 5-star NCAP 2025/GSR 2022 safety standards and highway assist using the LeddarVision platform,
“The LVS-2+ and the LVF-E maximize efficiency and performance while minimizing costs,” said this morning’s news release, “which has been demonstrated and validated in the company’s research and development centers in Tel Aviv (Israel) and Quebec City (Canada). Key performance indicators are available to customers for review upon request.”
LDTC shares amassed four cents, or 5.8%, to 76 cents.
