Hesai Announces Two Revolutionary New ADAS Lidar Products And Completion Of Its State-of-The-Art R&D Center For Manufacturing
Portfolio Pulse from Benzinga Newsdesk
Hesai Technology (NASDAQ:HSAI) announced two new ADAS lidar products, the AT512 and ET25, and the completion of its 'Maxwell' R&D and manufacturing center. The AT512 offers a 300m range at 10% reflectivity, with a record 12.3 million points per second, while the ET25 is an ultra-thin lidar with a 250m range. The 'Maxwell' center features advanced lidar testing and smart industrial robots for automated production. Hesai has also won a lidar design contract with a global OEM and has delivered 300,000 units to date, with 50,000 in December alone.
January 08, 2024 | 1:39 pm
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Hesai Technology announced new ADAS lidar products and the completion of its advanced R&D center, which may boost its market position and drive future revenues.
The announcement of new high-performance lidar products and the completion of a cutting-edge R&D center are likely to be viewed positively by investors, as these developments could lead to increased adoption by OEMs and higher sales. The recent contract win and significant delivery milestones further support the potential for positive stock movement.
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