MINES ParisTech Announces the Creation of an International Research Chair on Automated Driving, in Partnership with Valeo, PS...
October 31 2014 - 6:45AM
Business Wire
Regulatory News:
PSA Peugeot Citroën (Paris:UG):
MINES ParisTech, France’s leading academic institution by
volume of contractual research, today announces the creation of an
international automotive research chair in partnership with
manufacturers Valeo, PSA Peugeot Citroën and Safran.
Baptized “Automated Vehicles- Drive for You”, the chair will
unite researchers from MINES ParisTech's Robotics Centre with teams
from international partner institutions — Shanghai Jiao Tong
University in China, the University of California, Berkeley in the
United States and Ecole Polytechnique Fédérale de Lausanne in
Switzerland. Supported by the MINES ParisTech Foundation, with the
manufacturers contributing €3.7 million in funds, the chair will
work for five years on the topic of automated driving to:
- Expand knowledge of self-driving
vehicles
- Develop intelligent onboard
systems.
- Get self-driving vehicles on the road
in Asia, Europe and the United States.
“The automated driving chair is a logical extension of the work
we have been doing for more than 20 years in collaboration with key
industry players on such topics as smart cars, control, virtual
reality, artificial intelligence, mobile robotics and logistics,”
said Arnaud de la Fortelle, Director of MINES ParisTech’s Robotics
Centre and holder of the new chair.
“The creation of this chair demonstrates the confidence our
industrial and academic partners have in us and sends a strong
signal worldwide about the excellent research carried out in the
automotive sector by MINES ParisTech and our Robotics Centre,”
commented Romain Soubeyran, head of MINES ParisTech.
“The new chair is perfectly aligned with Valeo’s innovation
strategy because intuitive driving is one of our key focuses. This
alliance between leading manufacturers and world-class academic
institutions will speed up the development of connected, autonomous
driving solutions,” said Jacques Aschenbroich, Valeo’s Chief
Executive Officer.
"This partnership between PSA Peugeot Citroen, Mines ParisTech,
Valeo and Safran will provide exceptional conditions for research
to grow up knowledge of automated driving on a global level.
Supporting this chair is a way for PSA Peugeot Citroën to reaffirm
its ambition to develop autonomous vehicles in line with the
practices in the future," said Gilles Le Borgne, Director of
Research and Development PSA Peugeot Citroën.
"Safran believes in the cross-fertilization opportunities of
aerospace and automotive technologies. Automated systems of land
vehicles of the future and the flight of unmanned aircraft in
civilian areas share common issues and will benefit from an
accelerated development with the work of this chair," said
Jean-Paul Herteman, Chairman CEO of Safran.
About PSA Peugeot CitroënWith its three world-renowned
brands, Peugeot, Citroën and DS, PSA Peugeot Citroën sold 2.8
million vehicles worldwide in 2013, of which 42% outside Europe.
The second largest carmaker in Europe, PSA Peugeot Citroën recorded
sales and revenue of €54 billion in 2013. The Group is the European
leader in low-carbon vehicles, with average emissions of 115.9
grams of CO2 per km in 2013. PSA Peugeot Citroën has sales
operations in 160 countries. It is also involved in financing
activities (Banque PSA Finance) and automotive equipment
(Faurecia).For more information, please visit
psa-peugeot-citroen.com.
About MINES ParisTech –
http://www.mines-paristech.eu/@MINES_ParisTech on twitterCreated in
1783, MINES ParisTech trains high-level executive engineers capable
to deal with complex problems, in a wide range of fields.First
French engineers' school for the extent of contractual research,
MINES ParisTech has a significant research activity, directed
particularly to industry, with the support of Armines, the
structure dedicated to partnership search. Her fields of research
extend from energetics to materials engineering, through applied
mathematics, geosciences and economic and social sciences.MINES
ParisTech is a founding member of ParisTech, which includes 12 of
the largest engineering and management schools in Paris. The school
is also a founding member of the research university Paris Sciences
et Lettres - PSL Research University, which brings together 16
prestigious higher education and research institutions located in
the heart of Paris. In addition, MINES ParisTech Foundation, one of
the oldest French academic foundation founded in 1946, accompanies
and supports the school's developments projects.
About Valeo – www.valeo.comValeo is an automotive
supplier, partner to all automakers worldwide. A technological
company, Valeo proposes innovative products and systems that
contribute to the reduction of CO2 emissions and to the development
of intuitive driving. In 2013, the Group generated sales of €12.1
billion and invested over 10% of its original equipment sales in
research and development. It has 122 plants, 16 research centers,
34 development centers and 12 distribution platforms and employs
73,000 people in 29 countries worldwide. Valeo is the listed on the
Euronext Paris stock exchange and is included in the benchmark
CAC40 index.
About Safran –
http://www.safran-group.com/?lang=en@SAFRAN on TwitterSafran is a
leading international high-technology group with three core
businesses: Aerospace (propulsion and equipment), Defence and
Security. Operating worldwide, the Group has 66,300 employees and
generated sales of 14.7 billion euros in 2013*. Working alone or in
partnership, Safran holds world or European leadership positions in
its core markets. The Group invests heavily in Research &
Development to meet the requirements of changing markets, including
expenditures of 1.8 billion Euros in 2013*. Safran is listed on
Euronext Paris and is part of the CAC40 index.
Communications Division - 75 avenue de la
Grande-Armée - 75116 Paris, France+33 1 40 66 42 00 –
psa-peugeot-citroen.com – @PSA_news
Media ContactsPSA Peugeot
CitroënCaroline Brugier-Corbiere, +33 (0)1 40 66 58
54caroline.brugier-corbiere@mpsa.comorMINES ParisTech –
AmaltheaFloriane Gouache, +33 (0)1 76 21 67
52fgouache@amalthea.frorMurielle Mazau, +33 (0)4 26 78 27
16mmazau@amalthea.frorValeoMedia Relations+33 (0)1 40 55 21
75 / 37 18press-contact.mailbox@valeo.comorSafranMedia
Relations+33 (0)1 40 60 82 20 / 80
28service.presse-safran@safran.fr
United Guardian (NASDAQ:UG)
Historical Stock Chart
From Mar 2024 to Apr 2024
United Guardian (NASDAQ:UG)
Historical Stock Chart
From Apr 2023 to Apr 2024