LeddarTech Showcases LeddarVision at AutoSens Europe: AI-Driven Innovation Enhanced With TI Processors and Arm Collaboration

AGÊNCIA DE COMUNICAÇÃO Conteúdo de responsabilidade da empresa 3 de outubro de 2024

LeddarTech inc.

QUEBEC CITY, Canada, Oct. 03, 2024 (GLOBE NEWSWIRE) — LeddarTech^® Holdings Inc. (LeddarTech) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision, for ADAS, AD and parking applications, proudly highlights the critical contributions of Texas Instruments and Arm in enhancing its groundbreaking LeddarVision products.

Customers are invited to experience the future of automotive innovation with LeddarTechs LeddarNavigator demonstrator at AutoSens Europe (October 8-10, 2024). This state-of-the-art showcase demonstrates the companys advanced AI-based sensor fusion and perception software, LeddarVision, and underscores the transformative power of industry-leading processor technology. Enabled by Texas Instruments TDA4VE-Q1 processor and seamlessly integrating Arms automotive processors, this software technology sets a new standard in performance and capability.

Featuring the Contributions of Arm and TI to the LeddarVision Suite of Products:

• Arm drives ADAS innovation with advanced compute platforms designed to address the safety and performance needs of automotive use cases. Their crucial role in enhancing LeddarVisions efficiency is evident. By optimizing critical performance-defining algorithms within the ADAS perception and fusion stack for Arm CPUs, Arm and LeddarTech have successfully minimized computational bottlenecks and enhanced overall system efficiency using the Arm Cortex-A720AE CPU.

Take a closer look at this groundbreaking collaboration. This Case Study provides a detailed account of the two organizations journey as they push the boundaries of innovation and pioneer the future of automotive safety.

• Texas Instruments (TI) highly integrated and cost-efficient TDA4 family processor is used for the LeddarVision Front-Entry solution (LVF-E), which marked the first-to-market comprehensive low-level-fusion based perception solution deployed on a single TDA4VE-Q1 processor. The efficient implementation on the TDA4VE-Q1 processor achieves one of the lowest system costs for L2/L2+ entry-level ADAS without sacrificing system performance. The TDA4VE-Q1, performing low-level sensor fusion processing, provides high-performance computing for both traditional vision and deep learning algorithms and vision pre-processing acceleration to achieve a high level of system integration at low system power and costs. Pin and software-compatible members of the TDA4 product family enable scalability to higher-performance or lower-cost systems for advanced single and multi-modal ADAS sensor fusion applications.

By leveraging the strengths of Texas Instruments and Arm, we are enhancing the functionality of LeddarVision and contributing to the future of automotive safety and autonomy. Together, we are reshaping industry standards, stated Heinz Oyrer, Director of Strategic Partnerships at LeddarTech.

Book an appointment with LeddarTech at AutoSens Europe for a live demonstration in the LeddarNavigator and witness the benefits of AI-based low-level fusion LeddarVision products, including the LVS-2⁺ and LVF-E. These solutions are engineered to meet the stringent 5-star NCAP 2025/GSR 2022 safety standards and are validated through rigorous research and development at our Tel Aviv, Montreal and Quebec City facilities. Key performance indicators are available to customers for review upon request.

Follow the European road trip journey on our LeddarNavigator Diaries site.

About LeddarTech

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTechs automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 160 patent applications (87 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

LeddarTech might, in the scope of collaborations, partnerships and projects, from time to time, collect with test vehicles personal information, i.e., information that directly or indirectly identifies members of the public. Collected personal information may be processed, used, stored and communicated by LeddarTech within the scope of developing and training our software and products. For further information about the processing activities, which include the collection, use, storage and communication of the personal information, as well as the associated personal information protection rights and how to exercise them, please consult LeddarTechs Privacy Policy.

Additional information about LeddarTech is accessible at www.LeddarTech.com and on LinkedIn, Twitter (X), Facebook and YouTube.

Forward-Looking Statements

Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements relating to LeddarTechs anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as may, will, should, would, expect, anticipate, plan, likely, believe, estimate, project, intend and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: (i) the possibility that anticipated benefits of LeddarTechs recent business combination will not be realized; (ii) the risk that shareholder litigation in connection with the business combination or other settlements or investigations may result in significant costs of defense, indemnification and liability; (iii) changes in general economic and/or industry-specific conditions; (iv) possible disruptions from the business combination that could harm LeddarTechs business; (v) the ability of LeddarTech to retain, attract and hire key personnel; (vi) potential adverse reactions or changes to relationships with customers, employees, suppliers or other parties; (vii) potential business uncertainty, including changes to existing business relationships following the business combination that could affect LeddarTechs financial performance; (viii) legislative, regulatory and economic developments; (ix) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak or escalation of war or hostilities and any epidemic, pandemic or disease outbreak (including COVID-19), as well as managements response to any of the aforementioned factors; (x) access to capital and financing and LeddarTechs ability to maintain compliance with debt covenants; (xi) LeddarTechs ability to execute its business model, achieve design wins and generate meaningful revenue; and (xii) other risk factors as detailed from time to time in LeddarTechs reports filed with the U.S. Securities and Exchange Commission (the SEC), including the risk factors contained in LeddarTechs Annual Report on Form 20-F for the fiscal year ended September 30, 2023. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Holdings Inc. Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@LeddarTech.com

• Investor relations website: investors.LeddarTech.com
• Investor relations contact: Kevin Hunt, ICR Inc. kevin.hunt@icrinc.com
• Financial media contact: Dan Brennan, ICR Inc. dan.brennan@icrinc.com

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol LDTC.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7207016b-6eb5-4c0e-8821-f52cb6a9c84b

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