Arbe Celebrates Milestone Achievements as Sensrad Announces Major Customer Orders for Revolutionary Radar Technology
January 18 2024 - 8:00AM
TEL AVIV, Israel, January 18, 2023 - Arbe Robotics
Ltd. (NASDAQ: ARBE), a global leader in Perception Radar Solutions,
announced today that its tier 1, Sensrad AB, reported significant
customer orders for radar systems leveraging Arbe’s chipset. The
recent orders from global companies underscore the market's
recognition of the transformative impact of Arbe's radar chipset
technology, integrated into Sensrad's Hugin Imaging Radar
systems.
Sensrad announced that its Hugin 4D Imaging Radar, leveraging
Arbe's cutting-edge high-resolution radar chipset and Gapwaves'
proprietary waveguide antenna technology, offers highly advanced
perception capabilities in harsh environments for robotized and
autonomous vehicles, supporting any off-road, on-road
transportation and aerial applications.
Key highlights of the Sensrad announcement of its customer
orders include:
- An order from an American autonomous transportation global
manufacturer.
- A follow-up order from a robotized professional outdoor power
equipment pioneer.
- A follow-up order from a key player in the transportation
sector.
- Several orders from Sensrad’s Chinese affiliates, whose
customers are found in a range of industries, spanning from
autonomous robotics and transportation to Intelligent
Transportation Systems (ITS) and Intelligent Traffic Management
Systems (ITMS).
“The recent success demonstrates that Arbe based cutting-edge
radar solutions are gaining traction among industry leaders seeking
state-of-the-art sensing technology,” says Kobi Marenko, Chief
Executive Officer at Arbe. “The customer wins signify a shared
commitment to excellence and innovation in the pursuit of advancing
vehicle safety and autonomy. We congratulate Sensrad on these
remarkable achievements and look forward to continued success in
our collaborative efforts.”
For more information on Sensrad's recent
customer orders please visit Sensrad's official announcement:
https://www.sensrad.com/news/global-leading-companies-placing-orders-with-sensrad
About ArbeArbe (Nasdaq: ARBE), a global leader
in Perception Radar Solutions, is spearheading a radar revolution,
enabling truly safe driver-assist systems today while paving the
way to full autonomous-driving. Arbe’s radar technology is 100
times more detailed than any other radar on the market and is a
critical sensor for L2+ and higher autonomy. The company is
empowering automakers, Tier-1 suppliers, autonomous ground
vehicles, commercial and industrial vehicles, and a wide array of
safety applications with advanced sensing and paradigm changing
perception. Arbe is a leader in the fast-growing automotive radar
market that has an estimated projected total addressable market of
$11 billion in 2025. Arbe is based in Tel Aviv, Israel, and has
offices in China, Germany and the United States.
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