MRSI Systems is delighted to announce a new collaboration with Lumentum Operations LLC (“Lumentum“, NASDAQ: LITE), a leading global photonic chip and module supplier for the automotive LiDAR industry. This collaboration promises to generate innovative LiDAR solutions for the industry.
LiDAR (light detection and ranging) technology is becoming the standard equipment in medium-end and high-end vehicles. In the next five years, the demand for automotive LiDAR in advanced driver assistance systems (ADAS) applications will grow at a compound annual growth rate (CAGR) of 94%. Compared to optical transceivers, automotive LiDAR needs to pass more stringent reliability verification, in which both the reliability of the photonic chips and their assembly technologies are critical. Assembling photonic chips with high reliability and zero-defect in large-scale productions is one of the great challenges facing the emerging automotive LiDAR industry.