RoboSense, a leading innovator in LiDAR technology, has made a significant leap forward in the automotive industry with the debut of its M Platform LiDAR sensors at CES 2024. This announcement follows the company’s successful initial public offering (IPO) on the Hong Kong Stock Exchange. RoboSense’s new M2 and M3 sensors represent a milestone in intelligent driving systems, boasting enhanced range, resolution, and cost-effectiveness.
Mark Qiu, RoboSense’s Executive Director and Executive President, expressed enthusiasm about the company’s trajectory. “Following our IPO, launching the M2 and M3 sensors marks a stellar start to the year,” Qiu stated. “Our advanced manufacturing capabilities and deep technical knowledge have culminated in the development of these high-performance, cost-efficient LiDAR sensors, accelerating the commercialization and adoption of autonomous vehicle technology.”
The M3 sensor, a first in the M Platform’s long-range LiDAR lineup, utilizes 940nm wavelengths, offering better performance than the 1550 nm LiDAR. Notably, it is 50-70% less expensive, 50% smaller, and consumes over 30% less power. Its standout features include a 300m range at 10% reflectivity and a fine angular resolution of 0.05° x 0.05°, enabling the detection of smaller objects at greater distances. The M3’s modular design facilitates performance enhancement and cost reduction in future models while maintaining compatibility with existing vehicle designs. This sensor is particularly geared towards OEM and Tier I Level 3 or higher vehicles, enhancing safety and autonomous driving capabilities.
The M2 sensor, an evolution of the M1 and M1 Plus, leverages proprietary 2D scanning technology and in-house developed MEMS chips. It significantly improves upon its predecessors with a 200m range at 10% reflectivity and an angular resolution of 0.1° x 0.1°. Sharing over 90% of its components with the M1 Plus, the M2 maintains cost-effectiveness while boosting performance.
RoboSense’s impact on the automotive industry is substantial. As the first LiDAR company to develop its own chip technology and achieve mass production of automotive-grade solid-state LiDAR, RoboSense has secured 62 vehicle model design wins and aided 12 OEMs and Tier 1 customers in mass production delivery of 24 models. In December 2023, the company’s total LiDAR sales volume reached approximately 72,200 units, with about 71,000 for advanced driver assistance systems (ADAS). Throughout 2023, RoboSense sold approximately 256,000 LiDAR units, with around 240,000 designated for ADAS.
RoboSense’s advancement in LiDAR technology is not just a stride in product development; it marks a pivotal moment in the journey towards fully autonomous vehicles. With the M2 and M3 sensors, RoboSense is setting new benchmarks in the LiDAR industry, propelling the evolution of intelligent driving systems.