LeddarTech Announces Strategic License Agreement With Solid State LiDAR Protection Inc.
LeddarTech Holdings Inc. - Common Shares (LDTC)
Company Research
Source: GlobeNewswire
QUEBEC CITY, Canada, Oct. 04, 2024 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is pleased to announce the conclusion of a strategic license agreement with Solid State LiDAR Protection Inc. This partnership grants Solid State LiDAR Protection the rights to produce and market LeddarTech’s advanced LiDAR module and sensor products. These proven, true solid-state LiDARs are exceptionally robust and have been instrumental across a wide range of applications, with over 65,000 units delivered since 2010. Under the terms of the agreement, Solid State LiDAR Protection will rebrand and commercialize the products, and LeddarTech will receive royalty payments from the sale of these products. This milestone coincides with the closure of all remaining LiDAR activities at Leddar
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News
- LeddarTech Reports FY24 Results [Yahoo! Finance]Yahoo! Finance
- LeddarTech Reports FY24 ResultsGlobeNewswire
- LeddarTech Announces Receipt of the First Installment of the TI Pre-Paid Royalty Fee [Canadian Business Journal (Canada)]Canadian Business Journal
- LeddarTech to Host Investor and Business Update Call on December 18, 2024 [Canadian Business Journal (Canada)]Canadian Business Journal
- LeddarTech to Host Investor and Business Update Call on December 18, 2024GlobeNewswire
LDTC
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/18/24 - Form 424B3
- 12/18/24 - Form 424B3
- LDTC's page on the SEC website