Hesai Strengthens Patent Portfolio with Swiss IP Acquisition, Advancing Next-Gen Solid-State Lidar FTX to Drive Robotics Revolution

Rhea-AI Summary

Hesai Technology (NASDAQ: HSAI) has strengthened its position as a global leader in lidar technology through significant patent portfolio expansion and Swiss IP acquisition. The company now holds nearly 1,800 patents and patent applications worldwide, with over 1,500 published patent applications and 600+ granted global patents.

In late 2023, Hesai acquired Fastree3D, a Swiss SPAD technology pioneer, enhancing its digital lidar capabilities. The company's next-generation solid-state FTX lidar features industry-leading specifications including 180° x 140° field of view, 30m range, and 492,000 points per second - 2.5 times higher than previous generation. The new design is 66% lighter with a 40% smaller exposed window area.

Hesai delivered over 20,000 lidar units to robotics customers in December 2024 and projects shipping over 1 million units in 2025, supported by in-house mass production capabilities.

Positive

• Largest global lidar patent portfolio with 1,800+ patents/applications
• Strategic acquisition of Fastree3D's SPAD technology patents
• Next-gen FTX lidar achieves 2.5x higher performance than previous generation
• Strong delivery momentum with 20,000+ units in December 2024
• Projected 1 million unit shipments in 2025

Negative

• None.

STUTTGART, Germany, Feb. 27, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar technology for automotive mobility and robotics applications, announced today that it holds the largest number of published patent applications for lidar globally, and its IP portfolio has further expanded with the acquisition of Swiss digital lidar patents.

Patent volume is an important indicator to measure a high-tech company's innovation capabilities. As of December 2024, Hesai has accumulated nearly 1,800 patents and patent applications worldwide. According to the global patent database Patsnap, the total number of Hesai's published patent applications for the lidar industry exceeds 1,500, and the number of granted global patents exceeds 600, covering multiple countries and regions worldwide. Through a comprehensive patent application strategy, Hesai has secured its long-term position as an innovation powerhouse in the global lidar market.

As a core component of digital lidar, SPAD (Single Photon Avalanche Diode) plays a crucial role in advancing the lidar industry. Hesai recognized the potential of SPAD technology early on, beginning its research in this field as far back as 2016—making it one of the first lidar companies to do so. In late 2023, Hesai acquired Fastree3D, a Swiss pioneer in SPAD technology with deep roots in EPFL (École Polytechnique Fédérale de Lausanne), one of Switzerland's top universities. With over 20 years of academic research in CMOS image sensors and single-photon detectors, Fastree3D was the first company in the world to develop SPAD digital lidar technology and held numerous SPAD-related patents. These patents serve as the foundation for digital lidar innovation, encompassing critical advancements in digital signal processing and high-resolution point cloud generation.

With this strategic acquisition, Hesai has deeply embedded its SPAD core patented technology into its proprietary fourth-generation platform, which will enter production in 2025. The new platform will create a new generation of high-quality, high-performance, and affordable lidar products, accelerating the lidar industry's large-scale development.

Hesai's next-generation solid-state FTX, built on the company's fourth-generation technology platform, features an industry-leading field of view (FOV) of 180° x 140° — the widest among automotive-grade solid-state lidars. FTX's range can reach 30 m @10% reflectivity with outstanding resolution, achieving a point rate of 492,000 points per second, 2.5 times higher than its previous generation. The FTX has a compact design while maintaining its powerful performance, weighing 66% less than before. Its embedded installation further enhances its sleek form factor, reducing the exposed window area by 40% to just 50 x 30 mm.

Hesai's fully solid-state FTX lidar, as well as mini JT128 and JT16 domed lidars, can be easily integrated in various intelligent robots, including humanoid robots, AGVs/AMRs, delivery robots, robotic lawn mowers, cleaning robots, agricultural vehicles and more. With an ultra-wide field of view and real-time 3D perception, Hesai's lidars provide a cost-effective alternative to the multiple 2D lidars or cameras commonly used in robotic applications.

During the month of December 2024, Hesai delivered over 20,000 lidar units to robotics customers. Hesai expects to ship over 1 million lidar units in 2025, which is supported by the company's in-house mass production capabilities and innovation in research and development.

View original content:https://www.prnewswire.com/news-releases/hesai-strengthens-patent-portfolio-with-swiss-ip-acquisition-advancing-next-gen-solid-state-lidar-ftx-to-drive-robotics-revolution-302387293.html

SOURCE Hesai Technology

FAQ

What are the key specifications of Hesai's new FTX solid-state lidar?

The FTX features 180° x 140° FOV, 30m range at 10% reflectivity, 492,000 points per second scanning rate, and is 66% lighter with a 40% smaller exposed window area of 50x30mm.

How many lidar patents does HSAI currently hold globally?

Hesai has accumulated nearly 1,800 patents and patent applications worldwide, with over 1,500 published patent applications and more than 600 granted global patents.

What is HSAI's projected lidar shipment target for 2025?

Hesai expects to ship over 1 million lidar units in 2025, supported by their in-house mass production capabilities.

When did HSAI acquire Fastree3D and why is it significant?

Hesai acquired Fastree3D in late 2023, gaining valuable SPAD technology patents important for digital lidar development and innovation.

How many lidar units did HSAI deliver to robotics customers in December 2024?

Hesai delivered over 20,000 lidar units to robotics customers during December 2024.