As we approach 2024, we are excited to announce the reception of our first orders for the new generation of the state-of-the-art Hugin, 4D dynamic imaging radar.
The first order is from a prominent American global manufacturer, specializing in autonomous transportation. The Hugin 4D Imaging Radar, leveraging Arbe's cutting-edge high-resolution radar chipset and Gapwaves' proprietary waveguide antenna technology, offers highly capable perception capabilities in harsh environments for robotized and autonomous use supporting any off-road, on-road transportation and aerial applications.
Following this milestone, we are happy to also report follow-up orders from other world-leading companies. Among them is a pioneer within the space of robotized professional outdoor power equipment. Another notable order comes from a key player in the transportation sector, further solidifying Sensrad 4D Imaging Radar's position in the market.
In addition to these achievements, we have delivered several orders from our Chinese affiliate, whose customers are found in a range of industries, spanning from autonomous robotics and transportation to Intelligent Transportation Systems (ITS) and Intelligent Traffic Management Systems (ITMS).
Marcus Hasselblad, Sensrad CEO, commented:
"At Sensrad, we envision a future where the world has become safer, smarter and more sustainable. We see many trends pointing towards this, and one of them is automation of transportation as well as automated industrial and personal vehicles & equipment. Another clear trend to us is improved safety and security in society. Governments, companies as well as individuals strive for increased security trough better surveillance of critical surroundings. These orders prove the need for intelligent, AI powered, high performance sensors. Sensors that do not exist elsewhere today, and this is how Sensrad adds value, enabling new perspectives".