WaveSense, provider of Ground Positioning Radar for precise vehicle localization, announced the release of its next generation radar—Aegis—and that it has changed its corporate name to GPR. The new company name reflects the shift towards establishing Ground Positioning Radar as an industry standard that redefines what is possible in ADAS and AV by delivering vehicle positioning that works in nearly all conditions.
Aegis, which is being piloted by automakers for series production, is the third generation of GPR’s proprietary radar. This latest product development cycle rendered a unit that is 80% smaller than the previous release and that consumes less power, while improving performance.
Using Ground Positioning Radar, GPR maps the road substructure beneath a vehicle, which is completely unique and stable over long time frames—similar to a ﬁngerprint. This allows GPR-equipped vehicles traveling over mapped areas to ﬁnd their position quickly and with exceptional precision and reliability, regardless of conditions surrounding the vehicle such as poor weather, the lack of clear lane markings or landmarks, and while within parking garages.
GPR is advancing towards integration of their centimeter-level precision technology into consumer vehicles and commercial trucks in collaboration with some of the world’s largest OEMs and suppliers—establishing the necessary advancement of ADAS technologies to further accelerate the commercialization of AVs.
Earlier this year, GPR announced a funding round of $15 million—led by top technology investors Rhapsody Venture Partners and Impossible Ventures—and the Board of Directors and Advisory Board appointments of former Ford Motor Company Automotive President, Joe Hinrichs; former General Motors CFO, Charles “Chuck” K. Stevens III; and former CTO of Continental, Kurt Lehmann