BMW i Ventures has announced an investment in Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry.
Low-cost lidar sensors are required to enable self-driving vehicles and, in addition to being more cost-effective, Blackmore’s FMCW lidar technology has several competitive advantages over traditional pulsed lidar systems that enable autonomous driving teams to achieve their goals faster.
Blackmore will use the investment to scale the production of its FMCW lidar sensor for advanced driver assistance systems (ADAS) and self-driving markets. Increased production capacity will allow Blackmore to support the growing sector of autonomous driving teams demanding a superior lidar solution.
Source: BMW Group