LeddarTech Is Recognized With Two Prestigious Awards for Its Raw Data Sensor Fusion and Perception ADAS and AD Platform

QUEBEC CITY, Aug. 31, 2022 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, proudly announces receiving two awards recognizing its LeddarVision™ sensor fusion and perception platform. The platform is a flexible, robust, cost-effective, sensor-agnostic and scalable auto-grade solution that delivers highly accurate 3D environmental models. In addition, the software supports all SAE autonomy levels by applying AI and computer vision algorithms to fuse raw data from sensors employed in L2-L5 on-road and off-road autonomous vehicle applications.

Tel Aviv, Israel, May 2022 – The Volkswagen Group Innovation Tel Aviv 2022 Konnect and CARIAD Startup Challenge awarded LeddarTech with a cash prize for its sensor fusion and perception technology

“We were impressed by LeddarTech’s professionally prepared pitch and proposal of a PoC,” stated Jan Zawadzki, Head of AI, CARIAD. “We were intrigued by their technical capabilities, which fit our general ADAS strategy, and we’re looking forward to creating an AI safety-related PoC with their product,” Mr. Zawadzki concluded.

LeddarTech was selected in the final round of the competition after Konnect, the Open Innovation Hub of the Volkswagen Group, and the VW Commercial Vehicles judges screened more than 30 Israeli startups.

CARIAD is responsible for building the leading tech stack for the automotive industry, aiming to create a new automotive experience and increase the innovation speed of Volkswagen Group to make the car a sustainable, safe and seamlessly connected mobility companion in a digital world.

Shenzhen, China, August 13, 2022 – The Shenzhen Automotive Electronics Industry Association recognizes LeddarTech with the Automotive Electronics Science and Technology Award for LeddarVision in the Product Innovation Excellence category

LeddarTech received this award for its highly innovative raw data sensor fusion and perception technology that enhances ADAS and AD safety over traditional object fusion technology. This industry-first solution is also sensor agnostic and scalable, thus enabling its customers to scale up to Level 5 autonomy on the same platform. This commitment to a safer and more customer-centric sensor fusion and perception software solution sets LeddarTech apart, leading to being selected for this prestigious award.

The Shenzhen Automotive Electronics Industry Association was founded in 2010 as a non-profit organization with over 500 members representing auto electronics and related parts technology companies across China. The award recognizes scientific research and technological innovation in the auto electronics industry. The award-winning companies were determined after advanced engineering judges from the automotive industry and R&D experts from leading domestic automotive companies assessed more than 250 products.

“The recognition of our technology from these two organizations represents a profound acknowledgment of the expertise and challenging work of the sensor fusion and perception engineering teams led by our R&D center in Israel and our employees around the world who support these efforts,” stated Mr. Charles Boulanger, CEO of LeddarTech. “These awards are greatly appreciated and acknowledge our industry differentiation, commitment to win-win partnerships and, most importantly, our mission to enable ADAS and AD products that improve safety and the quality of life of drivers and the general public,” Mr. Boulanger concluded.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost-effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1-2 automotive suppliers with key technology building blocks such as LeddarSteer™ digital beam steering and LeddarEngine™, which comprises a highly integrated, scalable LiDAR SoC and software combination that enables the accelerated design of automotive-grade LiDAR solutions with optimized cost-to-performance ratios. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 140 patents granted or applied for, enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Saudi Falcons Club: Experts praise the impact of the International Saudi Falcons and Hunting Exhibition as global breeders attend the fourth edition in Riyadh

Saudi Falcons Exhibition

The International Saudi Falcons and Hunting Exhibition 2022, has been welcoming visitors and exhibitors from over 30 participating countries with visitation expected to top 500,000 over the course of the event

RIYADH, Saudi Arabia, Aug. 30, 2022 (GLOBE NEWSWIRE) — Falcon experts from breeding farms around the world have been singing the praises of this year’s International Saudi Falcons and Hunting Exhibition just two days into the event.

Now in its fourth year, the exhibition is larger than ever with visitation expected to top 500,000 over the course of the event, which runs from 25th August – 3rd September. Over 350 exhibitors are in attendance and many have shared their delight at the impact the exhibition is having on the industry.

Held at the Saudi Falcons Club HQ at Malham, attendees are greeted by the vast auditorium packed with falconry stalls, memorabilia, technology, equipment, photographs and items detailing the rich history of falconry in Saudi Arabia, including a huge stand showing the important work the Saudi Falcons Club does to promote the art of falconry and also the conservation of birds of prey. Namely with its Hadad project that helps the conservation of both two migratory falcons – the Saker falcon and the Peregrine falcon, along with the two resident birds, the Barbary falcon and the Lanner falcon.

International falcon breeders have been showcasing their stunning birds, with farms being represented from around the world. Numerous breeders from Europe include the UK’s Fox and Desert falcons, France’s SB Falcons and Hura Falcons from Belgium. From further afield, Sullivan Mews are attending from USA while more locally Gulf Falcons are in attendance from Bahrain.

French Breeder Philippe Hertel from SB Falcons said: “It’s my second participation at the exhibition and we are very proud and happy to have our farm here. For us it’s very important to be a part of the event as the business in Saudi Arabia there is a lot of falconers so of course we should be here to present our birds. We specialize in racing and so we have very fast falcons, we have had some winners in the past, so it’s important for the people here to see what we have to offer. The organization of the event is very good, from the shipping to the accommodation etc. It’s the best in the world compared to other events.”

German Breeder Ulf Voss from Voss Falcons said: “It’s the first time we are here, we are very happy to have been invited! We have 38 falcons with a great racing and hunting history. We try to bring the best racing falcons while making some great contacts for the future. We hope to increase our business with Saudi Arabia and so we are here getting our brand name out there to the people within the industry, it’s the most important thing for us right now. Saudi Arabia is the place to be for falconry at the moment and so it’s a really interesting market right now.”

Belgian Breeder Giel Van Haecke from Hura Falcons said: “It is very well organized, and it’s a great place for people to gather, connect and meet. You can’t get any better for the breeder, it’s a great place to sell birds and you need an event like this to make your name. Everyone is very friendly and there is a lot of different birds this year and when you breed quality there is no problem.”

The exhibition has a special section dedicated solely to the history of falconry both in Saudi Arabia and around the world. This area is full of interactive exhibits in place to educate and inspire the next generation of falconers in the Middle East. Other areas include an art gallery, featuring Saudi artist Hila Alhmod who is displaying a stunning Peregrine falcon, which has been created by pyrography. There is also an impressive auction hall for the daily falcon auctions. Education is a huge theme this year and experts are giving daily talks on the art of falconry, and there’s a big emphasis on encouraging the next generation of falconers through motivational speaking and children’s learning areas.

Now in its fourth year, the International Saudi Falcons and Hunting Exhibition 2022, has been welcoming visitors and exhibitors from over 30 participating countries, making it the biggest edition of the event thus far. The event, taking place in Riyadh, runs until 3rd September 2022.

Media Contact: Ahmad AlRefaie – +966 54 501 7470 – ahmad.alrefaie@xpotential-data.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0eaefc2d-f957-43a0-94c1-8429d510453f

Businessmen can import onion, tomatoes from Iran, Afghanistan to stabilize prices: Planning Minister

Planning Minister Ahsan Iqbal says government has allowed the businessmen to import onion and tomatoes from Iran and Afghanistan to stabilize hiking prices after flood and rains in the country.

Addressing a news conference along with Minister of State for Finance and Revenue Finance and Revenue Dr. Aisha Ghaus Pasha, in Islamabad today, he said Pakistan is facing an unprecedented devastation as a result of flood and rains.

He said a price monitoring mechanism has been reactivated which will be monitored on weekly basis and will take strict legal action against the hoarders.

The Minister said federal government is fully supporting provincial governments to facilitate the flood affected people. He said provincial governments are utilizing all their resources for rehabilitation of affected people.

Source: Radio Pakistan

Govt to announce strategy for reconstruction, rehabilitation of flood-hit areas soon: Saad

Minister for Railways and Aviation Khawaja Saad Rafique says the government will announce a comprehensive strategy for reconstruction and rehabilitation of flood-hit areas soon.

He was addressing a news conference alongside Adviser to Prime Minister on Kashmir Affairs and Gilgit-Baltistan Qamar Zaman Kaira in Islamabad on Wednesday.

Khawaja Saad Rafique asked all political forces to show unity in this testing time instead of pursuing their own vested interests.

The Minister said the entire international community is helping Pakistan in this crisis situation but PTI is engaged in political bickering and is diverting the attention from flood situation since first day of this calamity.

About the economic situation, Khawaja Saad Rafique said economic self-reliance is our sole destination and IMF fund is only a temporary relief.

Speaking on the occasion, Adviser to PM Qamar Zaman Kaira said armed forces, civilian institutions, welfare organization and all relevant authorities are fully focused on relief and rescue of flood-affected people.

He said political point scoring at this critical juncture is highly regrettable.

Source: Radio Pakistan

Principle of consistency would be upheld in contempt of court case against Imran Khan: Law Minister

Minister for Law and Justice Azam Nazir Tarar has expressed hope to uphold the principle of consistency and parity while deciding the contempt case against former Prime Minister Imran Khan.

Talking to media in Islamabad this evening, he said PML-N leaders Talal Chaudhry, Danial Aziz, and Nihal Hashmi, had been disqualified in contempt cases in past in spite of tendering apology.

Law Minister said survival of state lies in implementation of law in letter and spirit.

He said Imran Khan's remarks about a female judge cannot be ignored.

Source: Radio Pakistan

PM directs power distribution companies to address public complaints

Prime Minister Shehbaz Sharif has directed chief executive officers of power distribution companies to remain present in their respective cities and asked them to launch an awareness campaign with their names and contact number to address public complaints.

He gave these instructions, while chairing an emergency meeting in Islamabad today (Wednesday) regarding electricity, road and communication infrastructure station in the country.

It is pertinent to mention that the Prime Minister, soon after returning from the visit of flood affected areas of Khyber Pakhtunkhwa, convened a meeting of the Frontier Works Organization to review the progress on rehabilitation of the infrastructure and damage assessment.

Prime Minister Shehbaz Sharif also directed Minister for Power Khurram Dastgir Khan to immediately reach Khyber Pakhtunkhwa to monitor the restoration work of transmission network affected by floods.

Source: Radio Pakistan