Autonomous trucks, Torc Robotics (Daimler Truck subsidiary) to acquire AI specialist Algolux
Algolux software is currently operating on initial Freightliner Cascadia test vehicles in the U.S. and is being included in areas of Torc's software development efforts.
The Daimler Truck group sets another milestone in view of autonomous trucks. Torc Robotics, an independent subsidiary of Daimler Truck (here’s something about it) will soon acquire Algolux for its award-winning intellectual property and expertise in the areas of computer vision and machine learning. Algolux is headquartered in Montreal, Canada, with offices in Palo Alto, CA, and Munich, Germany.
Torc has been working closely with Algolux for over a year on multiple perception concepts and methods for robustly improving object detection and distance estimation, while evaluating synergies between the two companies. Robust perception technology is key to helping Torc’s autonomous system correctly identify objects in difficult visual conditions such as low light, fog, or inclement weather. Algolux software is currently operating on initial Freightliner Cascadia test vehicles in the U.S. and is being included in areas of Torc’s software development efforts.
Towards autonomous trucks: statements from the companies involved
“On the path to commercialization of our autonomous-ready Freightliner Cascadia, with Torc’s virtual driver, we never stop improving safety. We are convinced that Algolux with its perception capabilities can bring us one step closer to reach our goal to safely and reliably bring SAE Level 4 autonomous trucks into series production in the USA within this decade”, commented Joanna Buttler, Head of Autonomous Technology Group at Daimler Truck AG.
“We’re thrilled to welcome Algolux to the Torc family,” added Peter Vaughan Schmidt, Torc CEO. “Algolux’s technology, at the intersection of deep learning, computer vision, and computational imaging, will help Torc strengthen key capabilities toward our commercialization of Level 4 autonomous trucking.”
“Torc shares in our commitment to create robust technology to realize the potential of autonomy and help save lives, which is one of the many reasons why joining forces makes sense for our teams,” stated Allan Benchetrit, Algolux president and CEO. “Algolux’s established team with deep expertise in Artificial Intelligence/Machine Learning (AI/ML) talent and perception complements Torc’s already experienced engineering team.”
