Autonomous cars are in the new with increasing frequency, and lidar company Luminar has recently partnered with Volvo Cars to make those artificially intelligent vehicles a part of the near future driving experience. Volvo is both purchasing lidar sensors from Luminar and investing in the company in order to fuel the technology's rapid growth.
Lidar sensors are, in the simplest terms, the things that let autonomous vehicles see. The tech is based on the same principles as that of radar, but it makes use of laser light rather than radio waves. This makes it both fast enough to take in the degree of sensory input necessary for driving while also accurate enough to pick up all the minute details on the road.
Laser-Based Vehicle Vision
Luminar is Partnering with Volvo to Help Build Autonomous Vehicles
Trend Themes
1. Lidar Sensor Integration - Volvo's partnership with Luminar highlights the growing demand for high-quality lidar sensors as autonomous vehicles continue to develop.
2. Autonomous Vehicle Development - The joint efforts of Volvo and Luminar indicate the steady progress of autonomous vehicle technology and its impact on the transportation industry.
3. Laser-based Sensory Technology - The increased adoption of lidar sensors points to the potential for further innovation in laser-based sensory technology with applications beyond autonomous vehicles.
Industry Implications
1. Automotive - The partnership between Volvo and Luminar demonstrates the growing importance of lidar technology for automotive companies pursuing autonomous vehicle development.
2. Technology - The integration of lidar sensors in autonomous vehicles highlights the ways in which advanced technology is reshaping transportation.
3. Sensor Manufacturing - As the demand for lidar sensors grows, manufacturing companies devoted to producing sophisticated sensory technology stand to benefit from increased revenue and new opportunities for development.