Veoneer Nominated to Supply Global Automaker With Next Generation Vision System
Veoneer, Inc. (VNE)
Last veoneer, inc. earnings: 4/27 04:01 pm
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Source: PR Newswire
STOCKHOLM, Sept. 10, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, and its software joint venture Zenuity, have been nominated by a global automaker to supply its next generation Mono Vision System for vehicles in Europe.Veoneer's mono vision camera system is designed to meet or exceed the market standards set by European NCAP for 5-star safety ratings. Veoneer's system is best in class for object detection, lane detection with road boundary, free space detection, traffic light detection, and support object enhanced map. Veoneer's system uses deep learning technologies to enhance detection algorithm performance. Included in this nomination is Zenuity's software, which will fuse data from the mono vision camera system and the vehicle's radar sensor to activate features like emergency braking, adaptive cruise control, traffic jam assist, and other world-leading
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