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Hesai Technology ($HSAI) and KargoBot Partner to Empower Mass Production of Autonomous Trucks

Hesai Technology (NASDAQ: HSAI), a global leader in three-dimensional light detection LiDAR solutions, and KargoBot have formed a strategic partnership to promote the application of the AT128 for L4 autonomous trucks. 

The AT128 offers high-precision 3D sensing with 128 lasers and an ultra-high-point frequency of 1.53 million points per second. Hesai has delivered over 60,000 units of the AT128 to customers and it is fully qualified to empower L4 autonomous trucks. 

KargoBot's autonomous trucks are the first L4 commercial trucks to use automotive-grade, hybrid solid-state lidar in China. In early 2022, KargoBot successfully integrated 5 AT128 into its autonomous truck, achieving 360-degree FOV coverage and significantly reducing vertical blindspots.

Hesai's AT128 sensor achieves a complete, unstitched field of view and a uniformly distributed structured point cloud, making it algorithm friendly. KargoBot uses image-like data representations and modern computer vision methods to develop AT128's efficient multi-tasking perception algorithms.

As of December 31, 2022, Hesai has shipped over 100,000 lidar units. Hesai's commercially validated solutions are backed by superior research and development capabilities across optics, mechanics, electronics, and software.

Shares of Hesai Technology trade on the NASDAQ under the ticker symbol HSAI.

 

Northstar Clean Technologies Northstar Clean Technologies is a cleantech company focused on the sustainable recovery and reprocessing of asphalt shingles. The company has developed a proprietary design process to recover and reuse asphalt shingles that would otherwise end up in landfills. Northstar’s mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America...

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