HiRain Says It Will Achieve Full Mass Production Of Perception Radars By 2023
TEL AVIV, Israel, June 22, 2022 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in perception radar solutions, today announced that HiRain Technologies, China’s leading ADAS Tier 1 vendor, said it is undertaking major OEM and self-driving projects with the Imaging Radar system he developed using Arbe’s Perception Radar chipset. HiRain plans to reach full mass production of the radar system by 2023.
HiRain draws on years of experience in the research and delivery of ADAS and autonomous vehicles to develop its 4D imaging radar systems based on Arbe’s chipset and technology. Advanced radar systems are crucial sensors in ADAS and the Autonomous Perception Suite, due to their adaptability to all weather and environmental conditions, as well as their accurate detection of distance and speed. HiRain’s radar system uses Arbe’s chipset with 48 transmit channels and 48 receive channels, and a dedicated processor, which extends the MIMO network to greatly improve the radar’s ability to map the environment and detect the environment of the vehicle in high resolution.
“China has the largest vehicle market in the world and is paving the way for a future of autonomous vehicles,” said Kobi Marenko, Managing Director of Arbe. “HiRian is one of the most experienced Tier 1s in the Chinese automotive industry, and we are honored that they chose our chipset. vehicle autonomy and provide solutions to the huge demand in the region.”
HiRain’s radar detection distance reaches 350m and achieves a physical resolution of 1° in azimuth and 1.5° in elevation – an order of magnitude better resolution than traditional radars. HiRain said it provides dense point cloud comparable to LiDAR imagery that can meet the needs of L3 and longer battery life.
The HiRain radar, based on Arbe’s chipset, can accurately detect the boundaries of obstacles in the lane, trucks under a bridge, fences and pedestrians. The rich point cloud data serves as an information source for the AI algorithm for sensor fusion.
About Arbe
Arbe (Nasdaq: ARBE), a global leader in Perception radar chip solutions, is spearheading a radar revolution, enabling truly safe driver assistance systems today while paving the way for fully autonomous. Arbe’s imaging radar is 100 times more detailed than any other radar on the market and is a mandatory sensor for L2+ ranges and above. The company empowers automakers, Tier 1 suppliers, delivery robots, commercial and industrial vehicles, and a wide range of security applications with advanced sensing and paradigm-changing perception. Arbe is a rapidly growing automotive radar market leader that has a projected total addressable market of $11 billion in 2025. Arbe is based in Tel Aviv, Israeland has an office United States.
Caution Regarding Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words “expect”, “believe “, “estimate”, “intend”, “plan”, “anticipate”, “project”, “may”, “should”, “strategy”, “future”, “will”, “project”, “potential” and similar expressions indicate forward-looking statements. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions that are not historical facts and, therefore, are subject to risks and uncertainties, including including the development, performance and capabilities of Arbe’s RF chipset production configuration, competitive product development, Arbe’s chipset performance, HiRain’s continued use of Arbe’s chipset, the ability to ‘Arbe to produce and deliver products that meet the quality and delivery requirements of HiRain and other customers and other factors, which are not historical facts. You should carefully consider the risk factors and uncertainties described in “Risk Factors”, “Operational and Financial Review and Outlook”, “Caution Regarding Forward-Looking Statements” and additional risks described in Arbe’s annual report on form 20-F, as well as other filings by Arbe with the SEC. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they were made, and Arbe undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date on which they were made, except as required by law. or applicable regulations so require.
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