LeddarTech Holdings Inc., an automotive software company that provides patented disruptive artificial intelligence (AI)-based low-level sensor fusion and perception software technology, LeddarVision, reports a major milestone: one of the world’s leading commercial vehicle OEMs (original equipment manufacturers) has selected LeddarTech as the fusion and perception software supplier for their advanced driver assistance system (ADAS) program for 2028 model year vehicles.

Source: LeddarTech Holdings Inc.

LeddarVision was selected for this mainstream commercial vehicle platform after a comprehensive evaluation by the customer of the leading solutions available in the market today. LeddarVision stood out for its superior performance and efficiency in a multi-modal sensor system with both cameras and radars, and the ability to scale to various models and sensor configurations. LeddarTech revenue from this design win is expected to begin in 2025 for engineering services, with per-vehicle royalty revenue anticipated in late 2027. While project work is to commence immediately, the arrangement remains subject to the parties entering into definitive agreements.

“This award comes on the heels of the recently announced Texas Instruments collaboration and license agreement with close to U.S.$ 10 million in pre-paid royalties. These developments evidence the industry’s pivot towards low-level fusion ― an approach pioneered by LeddarTech ― that enables cost-effective deployment of L2/L2+ ADAS for commercial and passenger vehicles and our leadership position in multi-modal, low-level fusion and perception software,” said Frantz Saintellemy, president and CEO of LeddarTech. “These wins also reflect the momentum that is building with our business.”

LeddarTech’s LeddarVision platform delivers an environmental model that enhances driver safety and enables greater autonomy. By leveraging cutting-edge AI and sensor fusion technology, LeddarTech enables automotive OEMs to meet increasingly challenging industry safety standards while addressing consumer demands for more advanced ADAS features.