SVNet Milestone: Over 1.24 million Vehicles Equipped with STRADVISION’s SVNet Software

STRADVISION, a leader in deep learning-based vision perception technology for Advanced Driver Assistance Systems (ADAS), recently celebrated a major achievement. Their SVNet software, which utilizes artificial intelligence to enhance object recognition in vehicles, has surpassed the milestone of 1 million units in cumulative commercial production since its launch in 2019.

SVNet’s success can be attributed to its lightweight design and impressive efficiency. The technology seamlessly integrates deep learning algorithms, enabling accurate object recognition with minimal computational and power requirements. It is compatible with a wide range of System-on-Chip (SoC) platforms and offers over 30 distinct object recognition functions.

With the growing demand for advanced automotive technologies such as Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), and Lane Keeping Assistance Systems (LKAS), automotive Original Equipment Manufacturers (OEMs) are actively incorporating these features into their vehicles. STRADVISION’s vision perception technologies, including Object Detection (OD) and Free Space Detection (FSD), play a crucial role in supporting OEMs’ efforts to implement driver-assist systems that leverage vision AI technology.

Looking ahead, STRADVISION anticipates an annual commercial production of over 1 million units, driven by the introduction of eight new model lineups by a German OEM in 2023. The company is committed to meeting customer demands and is actively collaborating with automotive OEM customers in Europe and Japan to secure multiple series production programs.

Sunny Lee, STRADVISION’s COO and US CEO, expressed gratitude to their customers for their support and emphasized the company’s eagerness to explore new business opportunities. STRADVISION aims to continue accelerating the development of autonomous driving technologies and making ADAS features more accessible to the market.

Founded in 2014, STRADVISION has established itself as a pioneer in AI-based vision perception technology for ADAS. The company’s SVNet software is deployed on various vehicle models in partnership with OEMs and is serviced by a global workforce of over 300 employees. STRADVISION has received several prestigious awards for its innovative software, including Frost & Sullivan’s Global Technology Innovation Leadership Award and the AutoSens Awards for Best-in-Class Software for Perception Systems. The company is also recognized for its commitment to information security and quality management, with certifications such as TISAX’s AL3 standard and ISO 9001:2015 and ISO 26262 certifications.

– StradVision (source article)