AEye, Inc. (Nasdaq: LIDR), a global leader in high-performance lidar technology and developer of the Apollo lidar sensor, has signed a strategic cooperation agreement with Black Sesame Technologies, a top provider of automotive-grade computing platforms and smart vehicle solutions.
The collaboration aims to create an AI-powered obstacle detection and early warning system designed to provide ultra-long-range, highly reliable safety improvements for railway operations in China.
AEye CEO Matt Fisch and Vice President of Business Development Ben Hua formalized the agreement with Black Sesame Technologies during a signing event in China.
The partnership will integrate AEye’s Apollo long-range lidar with Black Sesame’s advanced chipset and perception software, offering a full-stack, plug-and-play solution to meet the safety requirements of high-speed transport networks.
“I couldn’t be more excited about this partnership,” Fisch said. “By combining our industry-leading 1550 nm Apollo lidar with Black Sesame’s intelligent perception stack, we expect to deliver a best-in-class solution in China, the world’s largest lidar market.”
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Wilson Liu, Co-founder and President of Black Sesame Technologies, said the collaboration pioneers a new benchmark for rail safety. “By merging ultra-long-range sensing with mission-critical computing, we aim to deliver the most reliable obstacle detection system for trains,” he said, adding that a top-tier Chinese OEM has already selected the system.
Founded in 2016, Black Sesame Technologies is listed on the Hong Kong Stock Exchange (2533.HK) and provides advanced computing platforms for autonomous driving and smart vehicles. AEye, meanwhile, is recognized for its Apollo lidar, which can detect objects up to one kilometer away, and its OPTIS™ full-stack platform for real-time 3D imaging and decision-making.
Source: Agency