Arbe Celebrates Milestone Achievements as Sensrad Announces Major Customer Orders for Revolutionary Radar Technology
TEL AVIV, Israel, January 18, 2024 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar Solutions, announced today that its tier 1, Sensrad AB, reported significant customer orders for radar systems leveraging Arbe’s chipset. The recent orders from global companies underscore the market's recognition of the transformative impact of Arbe's radar chipset technology, integrated into Sensrad's Hugin Imaging Radar systems.
Sensrad announced that its Hugin 4D Imaging Radar, leveraging Arbe's cutting-edge high-resolution radar chipset and Gapwaves' proprietary waveguide antenna technology, offers highly advanced perception capabilities in harsh environments for robotized and autonomous vehicles, supporting any off-road, on-road transportation and aerial applications.
Key highlights of the Sensrad announcement of its customer orders include:
- An order from an American autonomous transportation global manufacturer.
- A follow-up order from a robotized professional outdoor power equipment pioneer.
- A follow-up order from a key player in the transportation sector.
- Several orders from Sensrad’s Chinese affiliates, 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).
“The recent success demonstrates that Arbe based cutting-edge radar solutions are gaining traction among industry leaders seeking state-of-the-art sensing technology,” says Kobi Marenko, Chief Executive Officer at Arbe. “The customer wins signify a shared commitment to excellence and innovation in the pursuit of advancing vehicle safety and autonomy. We congratulate Sensrad on these remarkable achievements and look forward to continued success in our collaborative efforts.”
For more information on Sensrad's recent customer orders please visit Sensrad's official announcement: https://www.sensrad.com/news/global-leading-companies-placing-orders-with-sensrad
Arbe (Nasdaq: ARBE), a global leader in Perception Radar Solutions, is spearheading a radar revolution, enabling truly safe driver-assist systems today while paving the way to full autonomous-driving. Arbe’s radar technology is 100 times more detailed than any other radar on the market and is a critical 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 offices in China, Germany and the United States.
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Released January 18, 2024