Continental AG acquires ASC?s auto LiDAR division

Continental AG acquires ASC?s auto LiDAR division

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US: Mobility, transport and processing technology firm Continental AG has announced to acquire the ASCar division — which develops LiDAR systems for the automotive industry — of Advanced Scientific Concepts LLC (ASC). Through this acquisition, Continental is planning to mass-produce flash LiDARs at an affordable price.  The idea behind the acquisition is expand further in the commercial automotive industry. As far as ASC is concerned, the company will continue to focus on providing 3D flash LiDAR custom and standard product solutions for space, manned airborne and underwater applications, including providing unmanned aerial systems, autonomous vehicle and 3D-mapping technology for domestic and international military markets.

Source: Photonics