ZF acquires stake in perception software company StradVision
Autonomous vehicles must be able to reliably detect other road users, road markings or traffic signs even in difficult weather conditions or poor lighting. For this reason, the technology group ZF has acquired 6% of the shares in the South Korean software company StradVision. The company is considered a pioneer in the field of image processing with artificial intelligence for autonomous vehicles and driver assistance systems.
The StradVision software enables vehicles to accurately detect and identify objects such as other vehicles, lanes, pedestrians, animals, traffic signs and lights, even in challenging weather conditions or poor lighting. The software uses deep learning mechanisms in its perception algorithms. According to ZF, they require only a relatively small amount of memory and are also very energy-efficient. Another advantage is that the software can be adapted and optimised for a variety of different hardware platforms. It is already being used in large numbers in assisted or autonomous driving vehicle models.
Autonomous driving and vehicle software are among the strategic technology fields within the ZF product portfolio. ZF system solutions for automated driving include high-performance computers such as ZF ProAI, automotive software that supports ADAS and AD functions, sensors such as camera, radar and LiDAR, and intelligent actuators.
“The partnership with StradVision expands our capabilities for environment recognition in autonomous driving,” says Marc Bolitho, head of development for the Electronics and ADAS division at the ZF Group. “Together with our sensors, middleware platform and high-performance computers, StradVision’s software is a key component for sensing the environment of automated vehicles such as shuttles or commercial vehicles.”
“We are proud to count ZF among our strategic investors,” said Junhwan Kim, CEO of StradVision. “Together with global mobility specialist ZF, we aim to accelerate the autonomous driving market with leading environment awareness solutions.”
Stradvision, founded in 2014, is involved in AI-based image processing technology for advanced driver assistance systems (ADAS). The company aims to accelerate the adoption of fully autonomous vehicles by making ADAS capabilities available at a fraction of the market cost compared to competitors. The software is supported by 250 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai and Munich. at the AutoSens Awards 2021, StradVision was awarded the Gold Award for Best-in-Class Software for Perception Systems and in 2020, the Autonomous Vehicle Technology ACES Award in Autonomy (Software Category). In addition, StradVision’s software is certified to ISO 9001:2015 for the quality management system and to ISO 26262 for functional safety in vehicles.
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