WaveSense Releases Next-Generation Radar, Renames Company to GPR
September 14, 2021
WaveSense, which develops ground positioning radar for precise vehicle locations, has announced the release of its next-generation radar – Aegis – as well as changing its corporate name to GPR. The company said the new name reflects the shift towards establishing Ground Positioning Radar as an industry standard that “redefines what is possible in ADAS and AV by delivering vehicle positioning that works in nearly all conditions.”
Aegis, which is being piloted by automakers for series production, is the third generation of the company’s proprietary radar technology. The latest development cycle rendered a unit that is 80% smaller than the previous release, consuming less power while improving performance.
Ground Positioning Radar maps the road substructure beneath a vehicle, which is completely unique and stable over long time frames, similar to a person’s fingerprint. This allows GPR-equipped vehicles traveling over mapped areas to find their position quickly and with exceptional precision and reliability, the company said. This happens regardless of conditions surrounding the vehicle, such as poor weather, the lack of clear lane markings or landmarks, or within structures like parking garages.
The company’s ground positioning radar technology maps the road substructure to help define precision location.
“Aegis marks an inflection point in GPR’s evolution as our company is set to tap massive unmet demand from automakers to deliver autonomous features that work even in some of the toughest road conditions out there,” said Tarik Bolat, co-founder and CEO of GPR. “Our automaker partners couldn’t be more clear: GPR has the potential to change the nature of the automated driving experience.”
“The release of Aegis marks a big step for both GPR and the industry as we move our first-of-its-kind product closer to commercialization,” said Byron Stanley, co-founder and CTO of GPR. “GPR provides extremely precise and reliable localization of vehicles, meeting the critical need from automakers and drivers for safer and higher performing advanced driver assistance systems today, as well as solutions to achieve an autonomous future.”
Earlier this year, the company announced a funding round of $15 million, led by technology investors Rhapsody Venture Partners and Impossible Ventures. For more details on the company, visit the GPR website here.