Automated driving, ZF acquires 6% stake in South Korean AI specialist StradVision
StradVision managed to develop software capable of allowing vehicles to detect and identify objects accurately, such as other vehicles, lanes, pedestrians, animals, free space, traffic signs, and lights, even in harsh weather conditions or poor lighting.
ZF makes a move towards automated driving systems. The German company acquired 6% stake in StradVision, a South Korean pioneer in artificial intelligence based vision processing technology for autonomous vehicles and ADAS systems. StradVision managed to develop software capable of allowing vehicles to detect and identify objects accurately, such as other vehicles, lanes, pedestrians, animals, free space, traffic signs, and lights, even in harsh weather conditions or poor lighting.
The software relies on deep learning-based perception algorithms, which requires a relatively small amount of memory and has low power consumption. The software supports a wide variety of hardware platforms and can also be customized and optimized for other hardware systems. Autonomous driving and vehicle software are among the strategic technology fields within the ZF product portfolio.
New possibilities for ZF in automated driving systems
«The partnership with StradVision considerably extends our autonomous driving perception and sensor fusion capabilities», said Marc Bolitho, Head of Engineering of the Electronics and ADAS division at ZF Group. «Together with our sensors, middleware platform and high-performance computing solutions, this vision perception software expertise from StradVision can provide a key component of our environmental sensor fusion for shuttles, commercial and light vehicles that can be optimized for centralized electrical architectures».
«We are proud to count ZF as one of our strategic investors», added Junhwan Kim, CEO at StradVision. «Together with the global mobility specialist ZF, we will strive to speed up the market for autonomous driving with leading perception solutions».
