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Arbe Robotics ($ARBE) to Produce Next-Generation Advanced Driver Assistance Radars with Veoneer

Arbe Robotics (NASDAQ: ARBE) has  announced that Veoneer has selected the company’s chipset solution for use in its next generation of long-range, high-resolution radars.

The combination of Arbe's patented imaging radar chipset and Veoneer's patented waveguide technology will push the boundaries of perception performance, providing unrivaled safety for level 2+ and higher autonomy. Arbe's chipset was chosen for its advanced and complete solution that includes receiver, transmitter, and processor chips.

Kobi Marenko, CEO of Arbe states: "Veoneer is a leader in active safety and one of the most experienced radar developers in the automotive industry. The relationship with Veoneer combines design of best in class radars based on both companies' expertise, along with Veoneer's superior ability to manufacture, market, and integrate radar systems with leading vehicle manufacturers around the world.”

The company expects the next generation radars to be in pre-production by mid-2023.

Arbe is spearheading a radar revolution, enabling truly safe driver-assist systems today while paving the way to full autonomous-driving. Arbe's imaging radar is 100 times more detailed than other radars on the market and is a mandatory sensor for L2+ and higher autonomy.

Shares of Arbe Robotics trade on the NASDAQ under the ticker symbol ARBE.

 

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