Veoneer Selected to Supply System Based on Next Generation Vision and Radar System
Veoneer, Inc. (VNE)
Last veoneer, inc. earnings: 4/27 04:01 pm
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Source: PR Newswire
STOCKHOLM, Feb. 5, 2020 /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 selected by a global, Asia-based, automaker to supply an active safety system based on its next generation Mono Vision and Radar System. This is the eighth customer for Veoneer's in-house developed vision system.Veoneer's scalable system has been developed to meet Euro NCAP 5-star safety rating as well as providing several driver assistance features such as highway assist, lane centering control, stop and go adaptative cruise control, automatic emergency braking, traffic sign recognition and automated high beam control. These are the main build blocks for higher levels of automated driving. Veoneer's camera centric system architecture is based on in-house computer vision algorithms complimented by radar based perception to cover the full spectrum
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