Indie Semiconductor, Inc. Announces Strategic Investment in Expedera
March 20, 2024 at 04:05 pm EDT
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indie Semiconductor, Inc. announced a strategic investment in Expedera Inc. The partnership will deliver customized artificial intelligence (AI) enabled processing capabilities for sensing solutions targeting Advanced Driver Assistance Systems (ADAS) and includes a commercial agreement to integrate customized Expedera Origin NPU processing solutions into future indie products. According to S&P Mobility, by 2029 over 50% of vehicles will incorporate Level 2 and above driver automation capabilities, representing a $28 billion ADAS semiconductor opportunity. Deployment of these ADAS systems - driven by safety regulation and New Car Assessment Programs (NCAP) - mandates high performance, power efficient AI-based object detection and perception processing to enable functions including Lane Keep Assist (LKA), Blind Spot Detection (BSD), Automated Emergency Braking (AEB) and Driver and Occupant Monitoring (DMS/OMS).
Expedera?s Origin NPU solutions will enhance indie?s growing multi-modal ADAS silicon and software portfolio with advanced Neural Network (NN) processing capabilities. Origin?s unique packet-based architecture brings deterministic performance and efficient power, area and memory resource utilization to on-chip NN processing compared to typical layer-based approaches. The partnership will deliver scalable NPU single-core performance capabilities to indie?s portfolio over 100 TOPS.
indie Semiconductor, Inc. offers automotive semiconductors and software solutions for advanced driver assistance systems (ADAS), driver automation, in-cabin, user experience (including connected car) and electrification applications. The Company is focused on edge sensors across multiple modalities spanning light detection and ranging (LiDAR), radar, ultrasound and computer vision. It is an approved vendor to Tier 1 automotive suppliers and its platforms can be found in marquee automotive manufacturers around the world. It has design centers in Austin, Texas; Boston, Massachusetts; Detroit, Michigan; San Francisco and San Jose, California; Cordoba, Argentina; Budapest, Hungary; Dresden, Frankfurt an der Oder, Munich and Nuremberg, Germany; Edinburgh, Scotland; Schlieren, Switzerland; Rabat, Morocco; Haifa, Israel; Quebec City and Toronto, Canada; Seoul, South Korea; Tokyo, Japan, and several locations throughout China. The Company is engaged subcontractors to manufacture its products.