Innovusion | Top 20 Automotive Technology Company - 2019
Innovusion: Bringing Safety and Reliability to Self-Driving Cars
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CIOREVIEW >> Automotive >> Innovusion

Innovusion has been recognized by CIOReview Magazine as the recipient of “Top 20 Automotive Technology Companies - 2019,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Junwei Bao, Co-Founder & CEO.

Innovusion
Bringing Safety and Reliability to Self-Driving Cars

Innovusion

Junwei Bao, Co-Founder & CEO
A common trait among new industry segments fueled by innovations, the pitfalls outweigh the degree of reliability. Case in point: autonomous driving—the new wave in the automotive industry—and the roadblocks car manufacturers and early adopters of self-driving cars are faced with. In the existing landscape, the automotive industry has yet to bring to market a self-driving car that meets criterions such as safety and affordability. Conversely, high-tech companies hoping to venture into autonomous driving haven’t successfully hatched a business model that can generate revenue through self-driving cars. Most of the challenges stem from Level 3 and Level 4 self-driving cars and not the fully-automated Level 5 variants—currently too expensive for mass production. In Level 3 vehicles, the autonomous driving system alerts the driver to take control in certain scenarios that are beyond its capacity. In Level 4, the system can overcome pre-defined scenarios. Either way, safety, and reliability leave a lot to be desired in self-driving cars, and industry experts cite a common denominator for the shortcomings—expensive technology. “When a Level 3 or Level 4 self-driving car runs into an accident in the future, would the manufacturer concede that they didn’t utilize safer methods, sensors, and expensive technologies? In many ways, safety is being compromised, and that is not acceptable,” says Junwei Bao, co-founder and CEO of Innovusion, a startup based in Silicon Valley—the epicenter of the advanced driver-assistance systems (ADAS) industry.

On a quest to make self-driving cars safer, Innovusion has designed the world’s first image-grade LiDAR (Light Detection and Ranging) system intended to create a high-density point-cloud for self-driving perception, decision, and control. Designed to provide crucial information about dynamic environments, a high angular resolution allows the LiDAR to detect cars for up to 270 meters, small objects, and even reading signage.The image-grade technology makes it seamless to reliably detect vehicles that are hundreds of meters away. “In Level 3 self-driving cars, our goal is to allow drivers to be hands-off and minds off—meaning they can afford to be distracted rather than being prompted to take control. The transition to manual driving could take up to 10 seconds due to psychological and physical limitations.

Our sensor LiDAR system— capable of capturing 3D images from long distances—is built to allow the autonomous vehicle to drive reliably without running into danger

Our sensor LiDAR system—capable of capturing 3D images from long distances—is built to allow the autonomous vehicle to drive reliably without running into danger,” adds Bao.

As of this writing, Innovusion is working with its customers in testing the LiDAR system. Thus far, the startup’s greatest feat is being chosen by an automotive giant as the LiDAR supplier for a new series of Level 4 self-driving cars. “After choosing us as one of the finalists, they tried out samples of our system to test criterions such as 360-degree image capability, distance, frame rate, working principles, standing pattern, etc. Their goal is to build a complete system—in the meantime, they are using our sensors to develop perception solutions while working on aspects such as planning and control and execution. They realize that the final version of the car is a few years away, and are accommodating us in the development program,” reveals Bao, while stressing that Innovusion has aligned its roadmap with said client’s requirements.

In the near future, Innovusion will make its compact and easy-to-integrate LiDAR systems available commercially. With the financial backing to facilitate volume production, Innovusion also benefits from the foundational pieces that drive its innovations. “Since a third our employees and partners are Chinese, we have knowledge of both the Chinese and western markets,” concludes Bao. A recent McKinsey future forecast revealed that autonomous vehicles are positioned to take over the entire automotive market in China.

Innovusion

News

Innovusion Wins Award 2023 for Falcon Lidar

Tuesday, August 22, 2023

Innovusion, a provider of high-performance lidar systems for autonomous vehicles and smart transportation, has won the Tech.AD Europe Award 2023 in the Perception & Sensing category for its Falcon lidar.

Tech.AD Europe, a yearly two-day event that takes place in Germany, is a renowned annual automotive technology conference that brings together industry members to share insights, innovations, and solutions for the future of mobility and autonomous driving. The Tech.AD Europe Award recognizes significant achievements in the automotive industry, and Innovusion's Falcon received an award in the Perception & Sensing category.

Innovusion designs, builds, and mass produces lidar systems. The company is headquartered in Silicon Valley and has additional facilities in Suzhou and Shanghai. Its main focus is on developing long-range image-grade lidar and autonomous driving solutions. Since its founding in 2016, Innovusion has swiftly advanced lidar technology for the automotive OEM sector. Falcon lidars are standard equipment for NIO's electric vehicles ET7, EL7 and ET5, and are also used in renowned smart transportation, infrastructure and railway projects.

Falcon sensor capabilities

Falcon's capabilities make it a good fit for autonomous driving, detecting objects at distances up to 500 meters and dark objects with 10% reflectance up to 250 meters. The system produces 1,500 configurable scan lines per second, creating an image-like 3D point cloud that allows for greater confidence in detecting and classifying objects. Engineered to be highly resistant to interference such as sunlight, Falcon provides added security for autonomous driving applications. The sensor is automotive certified, meets environmental and reliability standards, and is designed with a streamlined manufacturing process to drive down costs.

Broader industry recognition

Innovusion’s long-range Falcon lidar also was recently honored with the 2023 CES Innovation Award, a recognition by the Consumer Technology Association for outstanding design and engineering in consumer technology products. By the end of 2022, Innovusion delivered more than 50,000 image-grade long-range Falcon lidar units for production vehicles, which is the highest delivery volume of any lidar manufacturer in the world, while this year the company expects to achieve a production capacity of over 300,000 per year. The company claims that it is the only lidar solution provider with a complete product portfolio with long-range front view and mid-to-short-range side view lidars.

Robin lidar sensor

In addition to the long-range Falcon lidar, Innovusion’s lidar portfolio includes the mid-to-short range Robin lidar. Robin can detect objects of 10% reflectivity up to 180 meters away with 90% POD under 100K LUX, has a horizontal field of view of up to 140° and a vertical field of view of up to 90°. Its resolution reaches 0.2 x 0.2°. As an ideal lidar for the side view of a vehicle, it can be integrated into side fenders, headlights, rear lights, or bumpers, and used for highway lane changing, traffic merging, unprotected intersection turning, roundabout driving, and urban cruising.

The German award ceremony took place at the end of the first day of the Tech.AD Europe conference. Winners of the different categories were celebrated with a short video presentation showcasing their groundbreaking projects, followed by trophy and certificate presentations, photos, and recognition of their achievements. In 2022, the winner in the Sensor Perception category was won by Arbe’s Phoenix Perception Radar, and the second place for AEye’s 4Sight Intelligent Sensing Platform.

Top 20 Automotive Technology Companies - 2019

Company
Innovusion

Headquarters
Los Altos, CA

Management
Junwei Bao, Co-Founder & CEO

Description
An automotive technology solution provider that develops image grade LiDAR sensor systems for autonomous vehicles and ADAS market.On a quest to make self-driving cars safer, Innovusion has designed the world’s first image-grade LiDAR system intended to create a high density point-cloud for self-driving perception, decision, and control. Designed to provide crucial information about dynamic environments, a high angular resolution enables the LiDAR to survey cars for up to 270 meters, small objects, and even reading signage. In the near future, Innovusion will make its compact and easy-to-integrate LiDAR systems available commercially

Top 20 Automotive Technology Companies - 2019

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