LeddarTech Holdings Inc. (NASDAQ: LDTC) is currently witnessing a notable surge in its stock value, marking an impressive 23.77% increase to reach $4.15 in the latest session update. This positive momentum is attributed to the company’s recent introduction of a groundbreaking product at a significant industry event.
In a major revelation at CES 2024, LeddarTech (LDTC) proudly presented the LeddarVision Surround-View (LVS-2+), signaling a new era in advanced driver assistance systems (ADAS). Developed on the powerful Nvidia Orin embedded system, the LVS-2+ showcases remarkable adaptability for potential integration into various embedded platforms.
Designed to propel premium L2/L2+ ADAS highway assistance and attain the coveted 5-star NCAP 2025/GSR 2022 safety rating, the LVS-2+ builds upon the success of the LeddarVision Front-Entry (LVF-E) by becoming the second AI-based low-level fusion and perception software product to reach maturity on the embedded system.
Derived from the innovative LeddarVision AI-based low-level sensor fusion and perception software architecture, the LVS-2+ extends the capabilities of the LVF product family with its ability to accommodate different sensor configurations. Notably, it marks a significant shift from the conventional 11V5R configuration, eliminating the need for side cameras and adopting a 5V5R sensor architecture.
This transformative approach is poised to revolutionize the deployment of premium L2/L2+ ADAS by substantially reducing hardware and system implementation costs. The implications of the LVS-2+ are profound, offering vehicles improved support for crucial functions like traffic jam assist (TJA), highway assist (HWA), and an expanded speed range for adaptive cruise control (ACC).
Additionally, the comprehensive fusion and perception software stack accompanying the LVS-2+ enhances the capabilities of surround-view L2/L2+ ADAS highway assistance. By showcasing the maturity of the LVS-2+ on the embedded system, LeddarTech opens up significant opportunities for original equipment manufacturers (OEMs) and Tier 1-2 suppliers.
This empowers them to expedite the development of cost-effective perception solutions, resulting in reduced development costs and providing a decisive advantage in today’s fiercely competitive market. LeddarTech’s collaboration with leading customers underscores the strategic advantages offered by the LVS-2+, amplifying safety and efficiency in shaping L2/L2+ ADAS applications.
