HiRain Gears Up for 1 Million Kilometers of Data Collection
with the LRR610 Imaging Radar
TEL
AVIV, Israel, Jan. 25,
2024 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ:
ARBE), a global leader in Perception Radar Solutions, today
announces that its tier 1, HiRain Technologies, a leading provider
of intelligent driving solutions to car manufacturers in
China, has announced that it will
begin the mass production of state-of-the-art 4D Imaging Radars by
the end of 2024. HiRain recently reached a significant milestone in
this journey with the successful development of a high-performance
B-sample (a production intent system design).
HiRain is currently positioned to embark on a rigorous data
collection phase, with plans to cover 1 million kilometers using a
vehicle fleet equipped with LRR610 Imaging Radars, powered by the
Arbe chipset. This development initiative is designed to optimize
the fusion and perception system, which enables key automotive
safety and comfort features.
"HiRain's LRR610 4D Imaging Radar, powered by Arbe's
cutting-edge chipset, is set to revolutionize autonomy and safety,"
said Chengjian Fan, EVP and CTO of Hirain. "As we prepare for
mass production by the end of 2024, our commitment to shaping the
future echoes in every kilometer covered, paving the way for a new
era of intelligent driving. Together, HiRain and Arbe are advancing
innovation, ensuring 'True Imaging' radar excellence."
"HiRain's progress towards mass production in 2024, in
collaboration with Arbe, reinforces our shared commitment to
transforming automotive safety through innovative radar
technology," said Kobi Marenko,
Chief Executive Officer of Arbe. "The anticipated escalating demand
for HiRain's 4D Imaging Radar systems is a testament to the
high-quality, reliable technology both companies are delivering to
the industry."
Leveraging Arbe's chipset extensive channel array of 48
transmitting (Tx) and 48 receiving (Rx) channels, HiRain's LRR610
boasts ultra-high-resolution in both azimuth and elevation, that
results in a dense point cloud that delivers exceptional imaging.
The advanced imaging radar excels in detecting and tracking many
objects, earning it the distinction of a "True Imaging" radar.
HiRain's LRR610 Imaging Radar Features:
- Wide Field of View: 120° (Azimuth) × 30° (Elevation)
coverage delivers comprehensive monitoring of multiple lanes and
surrounding environments.
- Long-Range Detection: With a reach exceeding 350
meters, the LRR610 ensures the early detection of vehicles and
obstacles ahead, enhancing overall driving safety.
- High Resolution and Dynamic Range: Enables
accurate separation of a variety of targets, distinguishing a
motorcycle near a truck or a pedestrian near a fence.
- All-Weather Reliability: Resilient to weather
conditions, the LRR610 operates seamlessly in rain, snow, and fog,
assuring consistent performance regardless of environmental
challenges.
For more information on HiRain's recent announcement, please
visit HiRain 4D Imaging Radar was unveiled at CES 2024.
About Arbe
Arbe (Nasdaq: ARBE), a global leader in Perception Radar
Solutions, is spearheading a radar revolution, enabling truly safe
driver-assist systems today while paving the way to full
autonomous-driving. Arbe's radar technology is 100 times more
detailed than any other radar on the market and is a critical
sensor for L2+ and higher autonomy. The company is empowering
automakers, Tier-1 suppliers, autonomous ground vehicles,
commercial and industrial vehicles, and a wide array of safety
applications with advanced sensing and paradigm changing
perception. Arbe, a leader in the fast-growing automotive radar
market, is based in Tel Aviv,
Israel, and has offices in China, Germany, and the
United States.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain "forward-looking statements"
within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, both as amended by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include, but are not limited to, the performance of and demand for
HiRain's product which includes the Arbe chipset and the timing of
any sales and Arbe's and HiRain's other suppliers' ability to meet
HiRain's timing. These statements, and other statements including
the words "expect," "believe," "estimate," "intend," "plan,"
"anticipate," "may," "should," "strategy," "future," "will,"
"project," "potential" and similar expressions indicate
forward-looking statements. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties, including the risk
and uncertainties resulting from the October
7th attack upon Israel, conflicts and potential conflicts
involving Israel, as well as
market acceptance of Arbe's radar processor and Arbe's radar
processor performing in the manner which Arbe anticipates, and
other risks described in "Cautionary Note Regarding Forward-Looking
Statements," "Item 5. Operating and Financial Review and Prospects"
and "Item 3. Key Information –Risk Factors" Amendment No. 2 to
Arbe's Annual Report on Form 20-F/A for the year ended December 31, 2022, which was filed with the
Securities and Exchange Commission on May
16, 2023, as well as other documents filed by Arbe with the
SEC. Accordingly, you are cautioned not to place undue reliance on
these forward-looking statements. Forward-looking statements relate
only to the date they were made, and Arbe does not undertake any
obligation to update forward-looking statements to reflect events
or circumstances after the date they were made except as required
by law or applicable regulation.
Information contained on, or that can be accessed through,
Arbe's website or any other website and any press release issued by
HiRain are expressly not incorporated by reference into and is not
a part of this press release.
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