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This $200 Tech Might Finally Put Driverless Cars in Our Driveways

by Priya Shah – Business Editor

MicroVision‘s Solid-State lidar Poised​ to Accelerate Driverless Car‌ Reality

SAN ⁣JOSE, CA – January 26, 2024 – A key ⁤obstacle to widespread ⁢autonomous driving – the cost⁤ of LiDAR sensors – may be on the verge of collapse. MicroVision, a Washington-based technology company, is rapidly advancing its solid-state LiDAR technology, with a target price point ⁢of under $200 per unit, ⁤potentially making driverless cars ‍accessible to consumers far sooner than anticipated. This breakthrough could dramatically accelerate the deployment of⁣ self-driving capabilities in everyday vehicles.

For‍ years,LiDAR (Light Detection ‌and Ranging) has⁢ been a critical,yet expensive,component of autonomous systems,providing the detailed 3D mapping necessary for safe navigation.Customary LiDAR systems, ⁤often utilizing ⁢mechanical components, can cost tens of thousands of dollars. MicroVision’s approach, leveraging MEMS (Micro-Electro-Mechanical Systems) technology, aims to drastically reduce both the cost and ⁣size ‍of these sensors, paving the way for mass-market adoption. The company is⁢ currently focused on automotive-grade LiDAR,but anticipates⁤ applications extending to robotics and industrial automation.

MicroVision’s technology centers around a “Tri-Lidar” architecture, utilizing three LiDAR ⁢sensors to provide a wider field of ⁤view and enhanced perception. This system is designed ⁤to overcome limitations of ⁢single-sensor setups, particularly in challenging weather conditions or complex driving scenarios. The company demonstrated a ‍working prototype of its lidar system‌ in late 2023, showcasing its ability to accurately detect and track objects in real-time.

The potential impact is notable. Lowering the cost of LiDAR removes a major economic barrier to entry for automakers looking to integrate autonomous features. Analysts‍ predict that widespread availability of affordable LiDAR could spur‍ a rapid increase in the adoption of advanced Driver-Assistance Systems (ADAS) and, ultimately, fully autonomous vehicles, transforming personal transportation and logistics. MicroVision is currently collaborating with several automotive manufacturers to integrate​ its technology into ​future⁣ vehicle platforms, with initial deployments expected within the next ⁢few years.

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