LeddarTech is a developer and manufacturer of sensing solutions based on light emitting diode (LED) lighting systems. The company provides LED detection and ranging solutions for object detection and distance measurement applications.
LeddarTech's products are used to improve traffic flow by municipalities and DOTs, as well as for parking assistance, automatic parking, blind-spot detection, lane-change assistance, and pre-crash detection applications in the automotive industry.
LeddarTech was founded in 2007 and is based in Quebec City, Canada with offices in 4 more locations around the world.
LeddarTech’s sensors are used in multiple mobility-related markets including automotive, intelligent transport systems, drones, and industrial vehicles.
LeddarTech is the developer and owner of Leddar, a patented solid-state LiDAR sensing technology that constitutes a novel approach in light detection and ranging.
LeddarTech's Leddar is a unique combination of advanced light wave digital signal processing and software algorithms that enable the production of solid-state LiDARs delivering superior performance and reliability at the highly competitive price.
LeddarTech technology contributes to improving our safety and our quality of life through applications minimizing the risks of accidents, reducing traffic congestion, and improving transport efficiency.
LeddarTech is backed by OSRAM, GO Capital Fund, BDC Venture Capital, Delphi and others.
LeddarTech was reported to be valued at $1.33B as of Oct 2017, hence becomes a unicorn status (according to industry estimates and publicly available data).