LeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020

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HONG KONG, CHINA –  Media OutReach – September 7, 2020 – LeddarTech®, an industry leader in environmental sensing solutions for autonomous vehicles and advanced driver assistance systems from level 1 to level 5 will participate and present at the 22nd China International Optoelectronic Exposition (CIOE) from September 9-11. This live event, is being held at the Shenzhen World Exhibition Center and brings together 3,000 exhibitors welcoming over 80,000 industry professionals to learn, share, and engage in 60 concurrent forums, seminars, and activities.

 

During the Optoelectronic Application Forum, LeddarTech’s Horry Cheng, Strategic Account Manager for China, will present “Flash LiDAR and Environmental Raw Data Fusion Perception Solutions” during the  MEMS Seminar: LiDAR Technology and Application sub-expo which runs concurrently with the China International Opto Expo. This session will explore both the roadmap for LiDAR technology relating to AD and ADAS as well as examine environmental perception for safer and more reliable autonomous driving. LeddarTech will also participate in a Round Table discussing the growth of LiDAR companies both in China and around the world. “LeddarTech China is honored to be presenting at this long-standing event that brings together industry leaders and colleagues in optoelectronics to discuss the advancements made in environmental sensing solutions as they pertain to mobility and autonomous driving,” said Frantz Saintellemy, President and COO of LeddarTech.

 

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Attend LeddarTech’s Presentation: 

  • Flash LiDAR and Environmental Raw Data Fusion Perception Solutions
  • Date: September 10, 2020
  • Time: 11.15 a.m. China Standard Time
  • Location: Shenzhen World Exhibition Center 2B, 2nd Floor, Hall 2


Attend the Round Table Presentation:

  • 国内外激光雷达企业思想激荡
  • Date: September 10, 2020
  • Time: 1.30 — 2.40 p.m. China Standard Time
  • Location: Shenzhen World Exhibition Center 2B, 2nd Floor, Hall 2
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Attendance is open to all delegates.

About LeddarTech

LeddarTech is a leader in environmental sensing solutions for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments with its LeddarVision™ sensor-fusion and perception platform. LeddarTech delivers a cost-effective, scalable, and versatile LiDAR development solution to Tier 1-2 automotive system integrators that enables them to develop automotive-grade solid-state LiDARs based on the foundation of the LeddarEngine™. LeddarTech has 14 generations of solid-state LiDARs based on the LeddarEngine platform operating 24/7 in harsh environments. This platform is actively deployed in autonomous shuttles, trucks, buses, delivery vehicles, smart cities/factories, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 80 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities from level 1-level 5.

Additional information about LeddarTech is accessible https://leddartechlidar.cn/ and on LinkedIn, Twitter and Facebook.

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Contact:

Daniel Aitken, Vice-President, Global Corporate Marketing and Communications, LeddarTech Inc.

Tel.: + 1-418-653-9000 ext. 232

daniel.aitken@leddartech.com

Sales:

Clive Szeto (Situ Zhiheng), General Manager of LeddarTech Asia

Clive.Szeto@leddartech.com

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, 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.

LeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020

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LeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020 - Brand SpurLeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020 - Brand Spur

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LeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020 - Brand SpurLeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020 - Brand Spur

Latest News

Vivocom’s Group Game Changer – Multi-Billion Sand Project Secured

  • Initial contract worth RM3.79 billion for three years
  • Aspires to be a major industry player 'with exponential growth prospects'


KUALA LUMPUR, MALAYSIA - Media OutReach - 26 February 2021 - In a filing to Bursa Malaysia this evening, Vivocom Intl Holdings Berhad ('Vivocom') announced that V Development Group via one of its subsidiaries has secured a 'massive win' worth approximately USD934.7 million or the equivalent of RM3.79 billion.

Rain International Sdn Bhd ('Rain International') is a 97% owned subsidiary under the V Development Group which was recently merged into the Vivocom Group. The Company's proposed acquisition of V Development Group had been recently approved by the relevant authorities.

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Rain International is principally involved in the mineral trading and exportation business, supplying sand to its client mainly in Hong Kong and China for reclamation and construction works. The Company had recently signed a contract for the supply of marine sand for a minimum period of three years.

The contract is for the supply of sand to Zhen Hua Engineering Company Ltd-China Communications Construction Company Ltd-CCCC Dredging (Group) Company Ltd. (ZHEC-CCCC-CDC), a Joint Venture contractor appointed to undertake the main reclamation works for the Hong Kong International Airport Three Runway System Project.

Director Mr William Chan Ching-Kee said: "As the appointed agent for the ZHECC-CCCC-CDC Joint Venture, we are looking forward to the exportation of sand from Malaysia to our client in Hong Kong to commence without any further delay."

Dato Seri Chia is optimistic that the contract would be extended for another two to three years and could potentially generate revenue of up to RM6 billion.

"The sand business is a major boost because it gives us tremendous visibility. The potential revenue is huge, recurring and highly scalable," its jubilant CEO, Dato Seri Chia Kok Teong exclaimed.

"The potential for explosive growth in the sand business is real and tangible, and bodes well for the Group in the next few years."

"We are starting with 3 years but the contract can easily be increased to 5 years and beyond, with higher tonnage shipped every 6 months. The exportation of sand will increase sharply over time," he added.

Besides the reclamation works for the Hong Kong International Airport, the rapid pace of construction and reclamation works in China and Singapore also requires heavy demand for sand, which is a considerable boon to Malaysia.

"The market for sand export is extremely humongous and will fuel the Group's rapid growth for the next several years. The RM3.79 billion Win is the first of many more to come."

"I have in fact urged my team to secure up to RM10 billion worth of sand contracts by the end of 2021. This is part of our overall transformation strategy to become a multi billions conglomerate," declared Dato Seri Chia.

"It is our core strategy to strengthen and diversify the Group's revenues generation capabilities and capacities and not be too narrowly focussed."

"Presently, we are already in negotiations for another RM2 to RM3 billion sand contract. Once finalised, we will make the relevant announcement as per Bursa Malaysia's requirements," Dato Seri Chia elaborated.

The sand would be procured from an approved permit holder to export sand overseas, and sourced from concession areas in Sandakan and Sungai Beluran in Sabah and throughout Malaysia.

"Even with this massive sand contract already secured, we will not be complacent. I have earlier promised to transform Vivocom into a behemoth Conglomerate and I will work non-stop to deliver on the promise," Dato Seri assured.

Since Dato Seri Chia's entry into Vivocom in January 2020 when its price was at 15 cents, the share has climbed sharply and last closed at RM1.06 on Thursday, 25th February 2021.

"I am very optimistic that Vivocom shares will continue to grow strongly and be worth a lot more than presently over time. I'm proud to say that we are no longer a penny stock," he reflected.

"My team is totally committed to building Vivocom into a reputable and profitable public company, one with solid fundamentals, sustainable profits and healthy cashflows."

"As a priority, we will work towards getting the Group elevated to the Main Board of Bursa Malaysia and be a dividends-paying company soonest possible," quipped Dato Seri.

To show his commitment, Dato Seri Chia has undertaken a voluntary self--imposed moratorium (or SIM) in that he will not dispose his personal stakes in Vivocom for the next 3 years. This will ensure the company's long-term price stability and sustainability.

"We want a stable and strong share price so that the Company can use its shares with its high liquidity as a currency for M&A activities to fund and fast-track expansion and growth," he explained.

"A strong share with high liquidity is a most valuable and prized asset. We will use it to buy Companies with game-changing and disruptive strategies. To look for the Next Big Thing."

"The enormous followings in the Company are what is driving in tremendous liquidity and momentum giving our share price added impetus," Dato Seri proudly asserts.

"We aspire to emulate Berkshire Hathaway strategy started over 40 years ago by Mr Warren Buffet. Mr Masayoshi Son built SoftBank Group of Japan along the same philosophy and Alphabet in US adopted similar strategies."

"These three companies are presently amongst the most valuable and admired companies in the world. I have the same dream for Vivocom. I am determined to leave behind an enduring legacy for all our valued shareholders," concluded Dato Seri Chia.

LeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020 - Brand Spur
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- Advertisement -LeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020 - Brand SpurLeddarTech to Address Autonomous Driving, LiDAR, and Perception Technologies at CIOE Annual Conference from September 9-11, 2020 - Brand Spur