The cooperation will be a powerful combination - together, Innoviz's high-resolution LiDARs and Vueron's perception software will bring significant progress to the industryTEL AVIV, Israel and SEOUL, South Korea, May 3, 2021 — (PRNewswire) — Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, and Vueron Technology, a leading South Korean provider of LiDAR perception software and autonomous driving technology, will cooperate in building an autonomous driving platform for LiDAR-only self-driving vehicles.
Innoviz Technologies Announces Cooperation with Vueron
Innoviz Technologies Announces Cooperation with Vueron Technology for LiDAR-Only Autonomous Driving
Renowned for its cutting-edge technology, Vueron received one of the few self-driving permits issued by the South Korean government in January of this year. 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 hold the steering wheel at any time during the full five hours of the historic drive.
"At Innoviz, we are passionate about solving the challenges associated with autonomous driving and bringing the most reliable and highest-resolution LiDAR to the market," said Omer Keilaf, CEO and co-founder of Innoviz. "We are impressed by Vueron's high-performance LiDAR perception software and...