In a strategic partnership, Telechips invests in Boston-based Aura Intelligent Systems to combine AI semiconductor technology with advanced radar systems, aiming to transform the autonomous driving landscape.
In a strategic move that positions itself aggressively within the burgeoning autonomous driving market, Telechips, a prominent player in the semiconductor industry headquartered in Seoul, South Korea, has announced a substantial investment in the Boston-based radar technology firm, Aura Intelligent Systems (AURA). This collaboration aims to marry advanced artificial intelligence (AI) semiconductor technology with cutting-edge radar systems, potentially transforming the landscape of driver assistance and autonomous vehicle technologies.
Telechips, known for its innovation in high-performance AI semiconductor chips such as the vision processor ‘N-Dolphin’ and AI accelerator ‘A2X’, is venturing to enhance its portfolio and address the sophisticated needs of the Advanced Driver-Assistance Systems (ADAS) and Autonomous Driving (AD) markets. By injecting capital into AURA – a firm that specializes in digital imaging radar technology for autonomous vehicles – Telechips is evidently working to bridge the gap between AI processing power and perceptive technologies that allow vehicles to ‘see’ their environment.
AURA stands out in the realm of radar technology with its pioneering approach to overcoming the limitations present in traditional radar systems. Traditional radar, some of which use technologies developed as far back as the 1950s, often suffer from low resolution and the creation of phantom targets due to radio interference. AURA’s high-fidelity, high-resolution imaging radar technology claims to leap over these hurdles, offering a solution that complements existing sensor systems like cameras and LiDAR, thus providing 360-degree environmental coverage with enhanced autonomous driving performance and safety.
The collaboration between Telechips and AURA is not just a mere financial investment but a synergy of technological innovation. Dr. Jungah Lee, CEO of AURA, emphasized the transformative potential of their high-resolution radar technology, likening it to the digital disruption witnessed in the mobile phone industry. Aura’s technology, fostered through support from prestigious institutions such as DARPA and the MIT Lincoln Laboratory, and under the leadership of Dr. Lee, who holds over 40 patents in the field, is poised to unlock new possibilities in autonomous mobility.
Moreover, Jangkyu Lee, CEO of Telechips, expressed optimism regarding the integration of AURA’s patented radar technology with Telechips’ AI semiconductor capabilities. This indicates a forward-thinking approach to addressing the challenges and demands of the ADAS and AD markets, focusing on enhancing safety, performance, and reliability.
As part of its initiative to showcase its advanced technologies and strengthen its presence in the global automotive market, Telechips plans to participate in the ‘Embedded World 2024’ exhibition in Nuremberg, Germany. This event will serve as a platform for the company to display its comprehensive lineup of automotive System-on-Chips (SoCs), including the latest in AI chips, computing, microcontrollers, and network chips, signifying a step towards the future of autonomous driving.
The strategic collaboration between Telechips and AURA reflects a broader industry trend towards creating more integrated, efficient, and safe autonomous driving solutions. As these technologies continue to evolve and mature, the prospects for their application in real-world scenarios become increasingly tangible, marking a significant milestone in the journey towards fully autonomous vehicles.