LeddarTech announces collboration agreement with Texas Instruments

LeddarTech (LDTC) announced that LeddarTech and Texas Instruments (TXN) have entered into a strategic collaboration agreement and a software license agreement to enable a comprehensive, integrated platform solution for advanced driver assistance systems, ADAS, and autonomous driving, AD, markets. Under the license agreement, TI has agreed to make advanced royalty payments to catalyze joint commercialization. The collaboration and license agreements will enable TI to market a bundled solution that features LeddarTech’s LeddarVision AI-based fusion and perception software stack pre-integrated and validated on TI’s TDA scalable portfolio of Arm-based processors. LeddarTech and TI have worked closely for nearly two years to integrate LeddarTech’s software with TI’s hardware to create an open, comprehensive, high-performance and cost-efficient solution for ADAS and AD systems that can serve the entire automotive OEM landscape and their Tier 1 suppliers.