MONROVIA, Calif.–(BUSINESS WIRE)–September 10, 2024–
SiLC Technologies, Inc. (SiLC), today announced it has received an investment from Honda to develop next-generation FMCW LiDAR solutions for all types of mobility. SiLC is the leading developer of integrated, single-chip FMCW (Coherent) LiDAR solutions and focuses on enabling advanced AI-based machine vision. Honda invests in innovative startups through its global open innovation program, Honda Xcelerator Ventures. This program is led by Honda Innovations, a subsidiary of Honda Motor Co., Ltd.
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SiLC Technologies has received an investment from Honda to develop next-generation FMCW LiDAR solutions for all types of mobility. Honda invests in innovative startups like SiLC through its global open innovation program, Honda Xcelerator Ventures. (Graphic: Business Wire)
“SiLC is the industry leader in the research and development of FMCW LiDAR, which is capable of detecting vehicles and various obstacles from long distances – and Honda has high expectations for its potential,” said Manabu Ozawa, Managing Executive Officer, Honda Motor Co., Ltd. “Honda is striving for zero traffic collision fatalities involving our motorcycles and automobiles globally by 2050. We believe that SiLC’s advanced LiDAR technology will become an important technology for us. Honda continues to discover, collaborate with and invest in innovative startups like SiLC through our global open innovation program, Honda Xcelerator Ventures.”
Paving the Way to Safer Roads and Communities
Equipping vehicles with advanced AI vision capabilities that autonomously detect hazards, predict movements and prevent accidents can significantly enhance safety, efficiency, and reliability. This paves the way for a future where autonomous transportation becomes the norm, reducing traffic congestion and minimizing human error on the roads. Current technologies do not support these critical capabilities. For example, Advanced Driver Assistance Systems (ADAS) can fail to detect objects at longer distances in diverse environments. Rapid detection of moving objects and early determination of intent can lead to fast reaction times that could make the critical split-second difference between life and death.
To ensure safety and autonomy in all situations, the deployed vision systems must be powerful, efficient in computation, compact, scalable, and resilient to complex, unpredictable conditions, including interference from other systems. These requirements exclude existing time-of-flight-based solutions and highlight FMCW LiDAR as the ideal platform.
The FMCW LiDAR Advantage
SiLC is tackling several critical challenges in vehicle vision technology using high-performance FMCW LiDAR. Current radar and 2D/3D vision systems struggle with detecting dark objects, such as tires, at distances of a couple of hundred meters. They also have difficulty distinguishing between slow-moving and stationary vehicles for effective evasive actions. Most time-of-flight LiDARs suffer from interference caused by sunlight, retro reflectors, and other LiDAR systems. SiLC’s FMCW LiDAR overcomes these obstacles by detecting objects at distances of a kilometer or more with precise distance measurements and can measure the velocity of objects, allowing the system to predict their movements accurately.
As the global machine vision and robotics market continues to expand, SiLC’s innovations are poised to play a pivotal role in shaping the future of autonomous technology. The company’s Eyeonic Sensor and Vision System represent significant advancements in machine vision, providing machines with the information necessary to navigate and interact with the physical world effectively. These systems leverage FMCW LiDAR technology to equip machines with super-human vision capabilities, addressing the critical need for accurate, real-time perception in various sectors to enable the level of dexterity and hand-eye coordination needed for all tasks. SiLC is a performance leader in the market and offers the industry’s longest-range LiDAR and highest level of precision, setting a new benchmark in the field.
Dr. Mehdi Asghari, SiLC Technologies CEO, added, “This investment from Honda, the world’s largest mobility vehicle manufacturer, will accelerate our progress toward a society with fully autonomous solutions that enhance our safety and address our widely spread labor shortages across many critical markets. Our silicon photonics platform offers a powerful, low-cost, efficient and scalable FMCW LiDAR engine, which is essential for the high volumes required by the automotive industry. SiLC’s FMCW LiDAR solutions bring superior vision to machines to truly enable the next generation of AI-based automation and move us closer to a more intelligent, interconnected future.”
About SiLC Technologies
On a mission to enable machines to see like humans, SiLC Technologies is enabling advanced AI-based machine vision. Bringing forth its deep expertise in silicon photonics, the company deploys FMCW LiDAR-based vision solutions. Notably, their breakthrough 4D+ Eyeonic Chip integrates all photonics functions needed to enable a coherent vision sensor, offering a tiny footprint while addressing the need for low cost and low power. SiLC’s innovations are targeted to robotics, mobility, perimeter security, industrial automation and other leading markets.
SiLC was founded in 2018 by silicon photonics industry veterans with decades of commercial product development and manufacturing experience. SiLC’s 4D LiDAR chip has been recognized by Frost & Sullivan as ideally positioned to disrupt the global LiDAR market and the company has been named a Cool Vendor in Silicon Photonics by Gartner. Investors in SiLC include Dell Technologies Capital, Sony Innovation Fund by IGV, FLUXUNIT – ams OSRAM Ventures, Alter Venture Partners and Epson.
For more information, visit www.silc.com or connect with the company on LinkedIn.
View source version on businesswire.com:
Christian Brantley, APR
Lages & Associates, Inc.
(949) 453-8080
christian@lages.com
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