LAS VEGAS, Jan. 4, 2022 /PRNewswire/
-- Arbe Robotics Ltd., ("Arbe")
(Nasdaq: ARBE), a global leader in next-generation Imaging
Radar solutions, introduces the addition of Free Space Mapping to
its revolutionary Imaging Radar perception stack at CES
2022. Arbe has radically enhanced its solution with an
algorithm that identifies the drivable sections in the environment
surrounding the vehicle, while aggregating a map of the
environment, and localizing the vehicle within this map.
This is the first time an automotive radar is able to contribute
to free space mapping, a critical function of autonomous driving
that requires great accuracy and redundancy. The Imaging Radar
complements camera sensors with its ability to sense Doppler - the
direction and velocity of moving objects, at long range and wide
field of view, sensing the environment in all weather, lighting,
and visibility conditions.
The inability of traditional automotive radars to perform Free
Space Mapping posed a significant problem to OEM's perception
teams, who had to rely solely on camera algorithms. Arbe's
perception Imaging radar is providing true sensor fusion that
leverages the advantages of each of the individual sensors, making
it an imperative component in any perception stack.
The Free Space Mapping feature of Arbe's perception imaging
radar, senses the unobstructed space in the environment around the
vehicle. To yield the representation of the drivable
space, Arbe's radar analyzes ultra high-resolution data in all
dimensions, that stems from all the targets in the field of view
-- pedestrians, vehicles, buildings, trees, and more.
"The ability to generate a free space map and enhance perception
algorithms is truly game changing for the future of autonomous
driving," noted Chief Executive Officer, Kobi Marenko. "With our perception imaging
radar, we're far ahead of the industry with an exceptional and
cost-effective solution that offers true redundancy and safety for
OEM's perception algorithms. Our breakthrough technology has
transformed radar as a sensor for ADAS (advanced driver assistance
systems) and autonomous vehicles. Now, with the addition of free
space mapping, we're enabling greater safety than ever before for
drivers, pedestrians, bicyclists, and anyone sharing the road with
autonomous vehicles."
CES has selected Arbe as a 2022 Innovation Awards
honoree in the Vehicle Intelligence & Transportation product
category. Perception Imaging Radar was recognized for
revolutionizing autonomous vehicle sensing to support advanced
perception capabilities at an affordable cost for the mass
market. Arbe recently became the first automotive imaging
radar company to be publicly traded in the U.S.
Arbe's Perception Imaging Radar offering significant benefits
beyond the Free Space Mapping in comparison to traditional radars,
such as the ability to provide ultra-high resolution and full
spatial sensing—including elevation—in greater detail than any
other automotive radar on the market; distinguish stationary
objects from dynamic ones; eliminating false alarms, an ongoing
problem with radar systems, and resolve doppler ambiguities.
About Arbe Robotics, Ltd.
Arbe (Nasdaq: ARBE), a global leader in
next-generation Perception Imaging Radar Chipset Solutions, is
spearheading a radar revolution, enabling truly safe driver-assist
systems today while paving the way to full
autonomous-driving. Arbe's imaging radar is 100 times more
detailed than any other radar on the market and is a mandatory
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 an office in the United
States.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements"
within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, both as amended by the Private Securities
Litigation Reform Act of 1995. The words "expect," "believe,"
"estimate," "intend," "plan," "anticipate," "project," "may,"
"should," "strategy," "future," "will," "project," "potential" and
similar expressions indicate forward-looking statements.
Forward-looking statements are predictions, projections and other
statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks
and uncertainties. Statements that are not historical facts,
including statements relating to the status of the development of
and market for Arbe's free space mapping and its
perception imaging radar, are forward-looking statements.
Such statements include, but are not limited to, the market for
this product, Arbe's ability to develop and deliver radar
systems with these functions in a timely manner and at a reasonable
cost, the development of competing products, Arbe's ability to
have access to and to use the latest technological developments on
an on-going basis, the timing of full production, Arbe's
supplier's ability to purchase required semiconductors at a
reasonable price and in a timely manner, particularly in view of
the worldwide shortage of semiconductors, Arbe's ability to
enter into supply contracts with OEMs and Tier 1
suppliers, Arbe's supplier's ability to purchase required
semiconductors at a reasonable price and in a timely manner,
particularly in view of the worldwide shortage of
semiconductors, Arbe's ability to enter into supply contracts
with OEMs and Tier 1 suppliers, the extent to which automobiles
with Arbe's free space mapping and perception imaging radar
functions perform in tests of the product by OEMs and Tier I
suppliers, and the ability of Arbe to have the products
manufactured by a third party supplier at a reasonable price and in
accordance with Arbe's and its customers' schedules; as well
as the risk factors and uncertainties described in "Risk Factors,"
"Management's Discussion and Analysis of Financial Condition and
Results of Operations," "Cautionary Note Regarding Forward-Looking
Statements" and the additional risks described in Arbe's
prospectus dated November 2, 2021,
which was filed by Arbe with the Securities and Exchange
Commission on November 4, 2021, as
well as the other documents filed by Arbe with the SEC.
Accordingly, you are cautioned not to place undue reliance on these
forward-looking statements. Forward-looking statements relate only
to the date they were made, and Arbe does not undertake
any obligation to update forward-looking statements to reflect
events or circumstances after the date they were made except as
required by law or applicable regulation.
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SOURCE Arbe