One Patent & $3.3 Billion Valuation – Plus Finds the Right Funding

In January 2021, autonomous trucking startup Plus, previously Plusai Corp., went public by merging with Hennessy Capital Investment Corp. V. via a SPAC (special purpose acquisition company). Plus has already made great strides by…

Mobileye, Transdev and Lohr Group to Shuttle

Mobileye is integrating its self-driving system into Lohr’s i-Cristal electric shuttle, to be guided around cities using Transdev’s Autonomous Transport System (ATS). Patent Forecast data shows how Mobileye is concentrating its investments…

FLIR Systems, Inc. and Foresight Sign Agreement to Develop, Market and Distribute QuadSight® Vision System

FLIR Systems and Foresight Autonomous Holdings Ltd. have established a strategic cooperation plan for the development, marketing and distribution of Foresight's QuadSight® vision system combined with FLIR Systems' infrared cameras.…

Toyota and Momenta Partner for Autonomous Vehicle HD Maps

Toyota and Momenta, a Chinese AI startup, are partnering to commercialize HD Maps for self-driving cars. The HD maps are a lower-cost alternative to the LIDAR systems that Waymo and others are using.  Toyota has 69 issued patents in…

Tesla crash driver was playing video game

An Apple employee who crashed and died after his Tesla car hit a concrete barrier in March 2018 is believed to have been playing a smartphone video game.  The NTSB said, among other things, that Tesla's Autopilot system did not provide an…

Ambarella unveils new AI automotive camera chips

Chip designer Ambarella has two new chips for automobile vision applications based on its CVflow architecture for artificial intelligence processing. The company started out as a maker of low-power-consumption video chips and has morphed…

SpaceX is back in the patent and moon race

SpaceX filed seven patent applications of February 2019; requesting early publication. Six of these are for antenna systems and one for a network application.  SpaceX only filed three patents between 2005 and 2018, so this is a big change…

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