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LeddarTech Holdings Inc. has announced its first major OEM design win for its LeddarVision™ ADAS solution, marking a significant milestone for the company. A leading global commercial vehicle manufacturer has chosen LeddarTech as the fusion and perception software supplier for its 2028 model year vehicles, with project work set to begin immediately.
Key Highlights
- LeddarVision was selected after an extensive evaluation process, standing out for its multi-modal sensor fusion capabilities using both cameras and radars.
- The agreement includes engineering services revenue starting in 2025, with per-vehicle royalty revenue expected by late 2027.
- This win follows LeddarTech’s recent collaboration with Texas Instruments, which included nearly $10 million in pre-paid royalties.
- LeddarTech continues to pioneer low-level fusion technology, enabling cost-effective L2/L2+ ADAS solutions for commercial and passenger vehicles.
- The LeddarVision platform enhances vehicle safety and autonomy by leveraging AI-driven sensor fusion to meet evolving industry standards.
Industry Impact
“This award comes on the heels of the recently announced Texas Instruments collaboration, demonstrating the industry’s shift toward low-level fusion technology—a field where LeddarTech is a leader,” said Frantz Saintellemy, President and CEO of LeddarTech. “These wins also reflect the momentum that is building with our business.”
About LeddarTech
Founded in 2007 and headquartered in Quebec City, LeddarTech develops AI-based sensor fusion and perception software for ADAS, autonomous driving (AD), and parking applications. The company’s automotive-grade software creates precise 3D environmental models for improved decision-making and safer navigation. With over 170 patent applications (87 granted), LeddarTech continues to push advancements in sensor fusion and ADAS technology.
For more details, visit www.leddartech.com.
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