BMW i Ventures invests in Blackmore Sensors and Analytics
BMW i Ventures has announced an investment in Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry.
“Advances in new sensor technologies, like lidar, are going to make cars safer and, eventually, autonomous,” said BMW i Ventures partner Zach Barasz. “Blackmore has unique and innovative FMCW lidar technology that delivers a new dimension of data to future vehicles.”
Low-cost lidar sensors are required to enable self-driving vehicles and, in addition to being more cost-effective, Blackmore’s FMCW lidar technology has several competitive advantages over traditional pulsed lidar systems that enable autonomous driving teams to achieve their goals faster.
“Having the ability to measure both the speed and the distance to any object gives self-driving systems more information to navigate safely,” said Dr. Randy Reibel, Blackmore’s CEO.
Blackmore will use the investment to scale the production of its FMCW lidar sensor for advanced driver assistance systems (ADAS) and self-driving markets. Increased production capacity will allow Blackmore to support the growing sector of autonomous driving teams demanding a superior lidar solution.
Contact Us
Responsible, sustainable, and lawful conduct is an integral part of the values of the BMW Group. The BMW Group's reporting system is open to all employees, business partners, customers, or other third parties for reporting specific or potential legal violations. In this way, risks can be identified and addressed at an early stage and, if necessary, appropriate remedies can be provided. Confidentiality and the protection of informants are paramount here. On request, information can also be provided anonymously.
For further information on the reporting channels and the respective process, please visit: BMW Group Compliance
