LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an
automotive software company that provides patented disruptive
AI-based low-level sensor fusion and perception software
technology, LeddarVision™, today announced it has wrapped up its
presence at the 2025 Consumer Electronics Show (CES) and achieved
key strategic milestones. The culmination of the event demonstrates
that the company is poised to deliver exceptional value to its
customers.
Driving Innovation Through Strategic
Partnerships
With the successful CES 2025 demonstration of
LeddarVision Surround (LVS-2+) software utilizing Texas Instruments
(“TI”) TDA4VH-Q1 processor, LeddarTech has now received the second
advanced royalty payment of US$ 3 million as part of its
licensing agreement. This partnership, announced in early December
2024, aims to capitalize on the integration of LeddarTech’s
groundbreaking LeddarVision software into TI’s scalable portfolio
of processors to create a comprehensive platform for advanced
driver assistance systems (ADAS) and autonomous driving (AD)
markets. The collaboration signifies a pivotal step forward in
delivering cutting-edge solutions to automotive OEMs and Tier 1
suppliers, underscoring LeddarTech’s commitment to innovation and
leadership.
Customer and Partner Enthusiasm at CES
2025
At CES 2025 in Las Vegas, LeddarTech showcased
its LeddarVision Surround-View (LVS-2+), a state-of-the-art
software stack tailored for L2/L2+ highway and city ADAS
applications. This breakthrough technology addresses critical
challenges the automotive industry faces, setting new benchmarks in
safety and performance and enabling automotive manufacturers to
cost-effectively meet 5-star NCAP 2025/GSR 2022 requirements.
During the event, LeddarTech conducted in-booth
software platform demonstrations, product presentations and
high-level meetings with OEMs, Tier 1 suppliers and strategic
partners. LeddarTech also conducted multiple live
LeddarNavigator demonstrations. During CES 2025,
LeddarTech collected customer leads and forged the beginnings of
multiple potential new partnerships with significant participants
in the automotive industry.
This enthusiastic reception highlights the
growing demand for LeddarTech’s AI platform software, which helps
its customers develop ADAS and AD solutions to reduce road
casualties.
Building Upon a Bright
Future
As LeddarTech looks ahead, the company remains
steadfast in its vision of transforming mobility. With over 170
patent applications (87 granted) and a legacy of innovation,
LeddarTech is uniquely positioned to lead the industry in creating
safer, more efficient and sustainable transportation systems.
“2025 marks an exciting new chapter for
LeddarTech,” said Frantz Saintellemy, President and CEO of
LeddarTech. “Our strategic partnerships, increased customer
traction, new products and the overwhelmingly positive market
response at CES reaffirm our confidence in the future. We remain
committed to delivering exceptional value to our customers and
shareholders as we continue to drive the future of mobility.”
About LeddarTech
A global software company founded in 2007 and
headquartered in Quebec City with additional R&D centers in
Montreal and Tel Aviv, Israel, LeddarTech develops and provides
comprehensive AI-based low-level sensor fusion and perception
software solutions that enable the deployment of ADAS, autonomous
driving (AD) and parking applications. LeddarTech’s
automotive-grade software applies advanced AI and computer vision
algorithms to generate accurate 3D models of the environment to
achieve better decision making and safer navigation. This
high-performance, scalable, cost-effective technology is available
to OEMs and Tier 1-2 suppliers to efficiently implement automotive
and off-road vehicle ADAS solutions.
LeddarTech is responsible for several
remote-sensing innovations, with over 170 patent applications
(87 granted) that enhance ADAS, AD and parking capabilities. Better
awareness around the vehicle is critical in making global mobility
safer, more efficient, sustainable and affordable: this is what
drives LeddarTech to seek to become the most widely adopted sensor
fusion and perception software solution.
Additional information about LeddarTech is
accessible at www.LeddarTech.com and on LinkedIn, Twitter (X),
Facebook and YouTube.
Forward-Looking Statements
Certain statements contained in this Press
Release may be considered forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended
(which forward-looking statements also include forward-looking
statements and forward-looking information within the meaning of
applicable Canadian securities laws), including, but not limited
to, statements relating to LeddarTech’s anticipated strategy,
future operations, prospects, objectives and financial projections
and other financial metrics. Forward-looking statements generally
include statements that are predictive in nature and depend upon or
refer to future events or conditions, and include words such as
“may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,”
“likely,” “believe,” “estimate,” “project,” “intend” and other
similar expressions among others. Statements that are not
historical facts are forward-looking statements. Forward-looking
statements are based on current beliefs and assumptions that are
subject to risks and uncertainties and are not guarantees of future
performance. Actual results could differ materially from those
contained in any forward-looking statement as a result of various
factors, including, without limitation: (i) our ability to timely
access sufficient capital and financing on favorable terms or at
all; (ii) our ability to maintain compliance with our debt
covenants, including our ability to enter into any forbearance
agreements, waivers or amendments with, or obtain other relief
from, our lenders as needed; (iii) our ability to execute on our
business model, achieve design wins and generate meaningful
revenue; (iv) our ability to successfully commercialize our product
offering at scale, whether through the collaboration agreement with
Texas Instruments, a collaboration with a Tier 2 supplier or
otherwise; (v) changes in our strategy, future operations,
financial position, estimated revenues and losses, projected costs,
projects, prospects and plans; (vi) changes in general economic
and/or industry-specific conditions; (vii) our ability to retain,
attract and hire key personnel; (viii) potential adverse changes to
relationships with our customers, employees, suppliers or other
parties; (ix) legislative, regulatory and economic developments;
(x) the outcome of any known and unknown litigation and regulatory
proceedings; (xi) unpredictability and severity of catastrophic
events, including, but not limited to, acts of terrorism, outbreak
of war or hostilities and any epidemic, pandemic or disease
outbreak, as well as management’s response to any of the
aforementioned factors; and (xii) other risk factors as detailed
from time to time in LeddarTech’s reports filed with the U.S.
Securities and Exchange Commission (the “SEC”), including the risk
factors contained in LeddarTech’s Form 20-F filed with the SEC. The
foregoing list of important factors is not exhaustive. Except as
required by applicable law, LeddarTech does not undertake any
obligation to revise or update any forward-looking statement, or to
make any other forward-looking statements, whether as a result of
new information, future events or otherwise.
Contact:Daniel Aitken,
Vice-President, Global Marketing, Communications and Investor
Relations, LeddarTech Holdings Inc. Tel.: + 1-418-653-9000 ext. 232
daniel.aitken@LeddarTech.com
- Investor relations
website: investors.LeddarTech.com
- Investor relations
contact: Mike Bishop Mike@BishopIr.com
- Financial media
contact: Dan Brennan, ICR Inc. dan.brennan@icrinc.com
Leddar, LeddarTech, LeddarVision, LeddarSP,
VAYADrive, VayaVision and related logos are trademarks or
registered trademarks of LeddarTech Holdings 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 Holdings Inc. is a public company
listed on the Nasdaq under the ticker symbol “LDTC.”
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