StradVision, an AI-based vision processing technology company for autonomous vehicles and advanced driver assistance with its U.S. headquarters in Sterling Heights, announced that ZF, a technology company with its U.S. headquarters in Livonia, has acquired a 6 percent stake in the company.
“The partnership with StradVision considerably extends our autonomous driving perception and sensor fusion capabilities,” says Marc Bolitho, head of engineering of the electronics and ADAS division at ZF Group.
“Together with our sensors, middleware platform and high-performance computing solutions, this vision perception software expertise from StradVision can provide a key component of our environmental sensor fusion for shuttles, commercial and light vehicles that can be optimized for centralized electrical architectures.”
StradVision’s SVNet software allows vehicles to accurately detect and identify objects — such as other vehicles, lanes, pedestrians, animals, free space, traffic signs, and lights — even in harsh weather conditions or poor lighting.
The software relies on deep learning-based perception algorithms, which requires a relatively small amount of memory and has low power consumption. The software supports a wide variety of hardware platforms and can also be customized and optimized for other hardware systems.
“We are proud to count ZF as one of our strategic investors,” says Junhwan Kim, CEO at StradVision. “Together with the global mobility specialist ZF, we will strive to speed up the market for autonomous driving with leading perception solutions.”
Autonomous driving and vehicle software are among the strategic technology fields within the ZF product portfolio. ZF’s AD system solutions for the automotive and mobility sectors include high-performance computers such as the ZF ProAI, automotive software supporting ADAS and AD functions, sensors like camera, radar and LiDAR, and smart actuators.