Opsys Tech to supply LiDAR sensors to auto supplier Huayu Automotive Systems Co., Ltd. (HASCO) ADAS Business Unit

Opsys Tech to supply LiDAR sensors to auto supplier Huayu Automotive Systems Co., Ltd. (HASCO) ADAS Business Unit

Agreement to supply Opsys Tech LiDAR programs for production automobiles as early as 2024-2025

– Opsys Tech announces deal to supply LiDAR models to world-wide car supplier HASCO

– Deal to deliver entire manufacturing LiDAR devices from HASCO with Opsys LIDAR units starting in 2024-2025

– Opsys Tech & HASCO offer signifies market penetration principally with Chinese brands with world wide existence and world wide OEMs lively in China

– HASCO offer is 1 of several key new agreements predicted to result in important Opsys Tech automotive LiDAR market place share by 2024-2025

HOLON, Israel, Feb. 9, 2022 /PRNewswire/ — Opsys Tech, a developer of Pure Stable State Scanning Micro-Flash LiDAR, currently declared a deal to offer LiDAR programs to world foremost car areas provider HASCO for inclusion in manufacturing vehicles as early as 2024 or 2025. HASCO is a world provider to several big automakers.

The HASCO offer builds on yet another the latest Opsys Tech announcement to supply LiDAR units to an additional Asia-dependent supplier for generation autos within just the subsequent two to three several years. These promotions help Opsys Tech’s self esteem that it is on observe to be a main supplier in the automotive LiDAR marketplace.

“This arrangement with a planet leading Tier 1 automotive supplier HASCO, enables Opsys to enter the Asian automotive LiDAR devices market place section. It represents a potent and developing recognition that Opsys-Tech Pure Strong State Scanning Micro-Flash LiDAR technological know-how and its outstanding efficiency to that of aggressive methods, which will boost the safety of autos on the road although enabling the evolution of autonomous performance at all ranges up to L5” reported Opsys Tech Chairman Eitan Gertel.

“HASCO has worked in the ADAS discipline for extra than 10 a long time and has released a lot of products to the sector such as millimeter radar (involves ahead searching, surround, 4D imaging radar, In-Cabin Child existence detection radar, energy door radar), sensible digital camera, fusion technique, domain controller etc. With the numerous many years cooperation with OPSYS Tech, HASCO has made the decision to go with the pure Reliable Condition Scanning LiDAR technological know-how which OPSYS Tech designed and HASCO has examined. This arrangement supports HASCO to bring innovative LiDAR technological innovation to prospects in China and supports our buyers for much more advanced operate of autonomous driving,” stated Mr. Xie Bin, Typical Manager of HASCO ADAS Company Device.

“The signing of this collaboration agreement with a planet major Tier 1 provider in China is a significant stage to convey Opsys LiDAR engineering into sizeable selection of makes, together with global OEMs active in China and regional OEMs with action in western marketplaces. This partnership incorporates special phrases, which characterize the rely on the two parties have in every single-other capabilities to provide most effective-in-course product or service to current market in mass creation to empower protected ADAS and Autonomous Driving capabilities,” said Opsys Director of Company Enhancement APAC Stav Shvartz.

Automakers are pursuing use of LiDAR technology to maximize vehicle safety improve sophisticated driver help devices (ADAS) and allow the adoption of L3/L4/L5 autonomous driving applications.

Opsys Tech has designed an fully new and ground-breaking category of LiDAR: Pure Solid Point out Scanning Micro-Flash LiDAR with no shifting elements. Opsys Tech’s patented Scanning Micro-Flash know-how brings together the very best of present strategies with no trade-offs, whilst offering top-quality dependability and functionality in just about every critical group at best worth. Opsys Tech LiDAR know-how provides the pros of flash LiDAR (reduced expense, sturdy and solid-condition) with the improved selection and resolution of mechanical-sweep or oscillating mirrors (MEMS and Galvanometer devices). Opsys Tech Pure Good Point out Scanning Micro-Flash LiDAR provides greater sturdiness and superior effectiveness than other systems that use any combination of mechanical moving parts, this kind of as MEMS or rotating techniques.

Opsys Tech LiDAR engineering achieves 4 moments the assortment of flash LiDAR whilst surpassing flash LiDAR’s resolution and scanning fee. Other LiDAR technologies boast both very long assortment or substantial resolution or a speedy-scanning fee, but never ever all three instantaneously and in all problems. Opsys Tech delivers all three, at once, in all situations

“Our most recent settlement, and other people we be expecting to announce shortly, are proof the business is recognizing the top-quality efficiency and price of Opsys Tech LiDAR,” explained Rafi Harel Opsys Tech CEO.

Opsys Tech Pure Solid Point out Scanning Micro-Flash LiDAR:

  • Has no moving parts, delivering high toughness
  • Gives a lower-charge of output by making use of vertical-cavity, area-emitting lasers (VCSEL) and SPAD silicon receiver ICs
  • Provides 4-occasions the selection of flash LiDAR
  • Supplies most effective-in-class resolution and the ideal-in-class scanning rate
  • Delivers earlier mentioned 90{dd7d296f04c8497fbd53789c82c7888820e9ba5c2c0620f7eb01a9d3f7fa072e} chance of detection at 200-meters vary.
  • Provide “all specs all the time” throughout the entire FOV

Opsys Tech has offices in Holon, Israel, and San Jose, California and will open this calendar year a new place of work in China in the course of Q1 to assist the HASCO collaboration and other initiatives in the region. It designs to manufacture its models in Asia commencing late in the to start with quarter. Opsys Tech also expects to announce added consumer agreements in the very first 50 {dd7d296f04c8497fbd53789c82c7888820e9ba5c2c0620f7eb01a9d3f7fa072e} of the yr that will increase its current market arrive at into Europe.

About Opsys Tech

Opsys Tech was established in 2016, constructing a planet-main LiDAR alternative that will travel adoption and commercialization of autonomous autos with maximized basic safety and functionality. Opsys Tech is headquartered in Holon, Israel, with existence in San Jose, California Seoul, Korea Shanghai, China and Prague, Czech-Republic.

About Huayu Automotive Programs Co., Ltd.

HASCO is a in depth and qualified automotive parts technique supplier covering much more than 40 small business places. The company has 28 immediately-invested subsidiaries, lots of of which have more than 30 years of heritage. There are 465 R&D, producing and support bases and in excess of 120,000 workers close to the world. HASCO commits itself to providing all shoppers with superior technological know-how, responsible goods and fantastic companies.



LinkedIn: https://www.linkedin.com/company/opsys-technologies

Media Get in touch with: Scott Fosgard Communications: Scott Fosgard, [email protected]


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