Hesai Unveils Picasso 6D Full-Color SPAD-SoC, Next-Gen ETX, and Innovations in Spatial Intelligence and Physical AI
Rhea-AI Summary
Hesai Technology (Nasdaq: HSAI) unveiled Picasso, a 6D full-color SPAD-SoC and an upgraded ETX lidar series supporting up to 4,320 channels, plus Kosmo spatial-intelligence hardware and robotic actuation modules.
Key specs: Picasso PDE >40%, ETX range to 600m, ETX mass production targeted H2 2026, and broad commercial traction with 230M+ cumulative shipments.
Positive
- Picasso SPAD-SoC with photon detection efficiency >40%
- ETX platform supports up to 4,320 channels
- ETX maximum detection range of 600 meters
- ETX expected to enter mass production in H2 2026
- Cumulative shipments exceeded 230 million, expected >300 million by end of 2026
- Market share reached 51% in February 2026 (13-month leadership)
Negative
- None.
News Market Reaction – HSAI
In the Apr 20 session, HSAI declined 5.81%, reflecting a notable negative market reaction. Argus tracked a trough of -3.7% from its starting point during tracking. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous AI Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 14 | AI logistics autonomy | Positive | +5.2% | Showcased JT128 lidar and Thoro.ai collaboration for safety-certified AI robots. |
| Mar 16 | AI safety partnership | Positive | -0.5% | Joined NVIDIA Halos lab to validate lidar for safety and AI compliance. |
| Apr 24 | Robotaxi lidar win | Positive | +4.5% | AT128 selected as primary lidar for Pony.ai seventh‑generation Robotaxis. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-related announcements have generally seen modestly positive price reactions, though not uniformly so.
Over the past year, Hesai’s AI-tagged news has centered on lidar-enabled autonomy and robotics. On Mar 16, 2026, joining the NVIDIA Halos AI Systems Inspection Lab produced a small negative move. An AI autonomy collaboration for smart logistics on Apr 14, 2026 and the Pony.ai Robotaxi lidar selection on Apr 24, 2025 both coincided with mid-single-digit gains. Today’s spatial-intelligence and Physical AI update fits this ongoing AI and autonomy expansion.
Key Terms
time-of-flight technical
addressable photon isolation technical
intelligent point cloud engine technical
aec-q regulatory
vcsel technical
apd detectors technical
automotive-grade technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Hesai announces a strategic shift to spatial intelligence, introducing Kosmo, a new spatial intelligence AI hardware platform, alongside robotic actuation modules and innovations for the Physical AI era.
A key highlight was Picasso, the world's first 6D full-color ultra-sensitive lidar SPAD-SoC, enabling native fusion of spatial and color perception at the ASIC level. Built on this platform, Hesai's ETX lidar series has been upgraded to support up to 4320 channels and is expected to enter mass production in the second half of 2026. The company also previewed Kosmo, a new spatial intelligence AI hardware product, and outlined a new direction in robotic actuation modules for physical AI systems.
Picasso - The World's First 6D Full-Color Ultra-Sensitive Lidar ASIC Platform
At the core of today's announcement is Picasso, Hesai's fifth-generation 6D full-color ultra-sensitive lidar ASIC platform, designed to enable vehicles to see both geometry and color natively on a single chip.
Unlike conventional lidar systems that capture only geometric information such as XYZ, Picasso integrates RGB sensing and time-of-flight (ToF) ranging at the chip-level, enabling the direct generation of colorized point clouds without the need for complex sensor fusion. This 6D full-color capability delivers precise spatial and temporal alignment, resulting in richer environmental understanding and significantly enhancing the perception capabilities of next-generation autonomous systems.
With photon detection efficiency (PDE) exceeding
Rather than simply combining camera imagery with lidar point clouds, Picasso enables true ASIC-level fusion, with each point inherently carrying color information. This allows autonomous systems to move from spatial perception to real-time understanding of the driving environment, improving performance in different scenarios such as traffic signals, lane markings, and construction zones.
The introduction of Picasso marks a major step in lidar development, moving beyond incremental improvements in resolution toward a new generation of full-color perception. This breakthrough is supported by Hesai's long-term vertical integration strategy and in-house development across core lidar technologies. Following the launch of Fermi C500, a RISC-V-based high-performance lidar controller SoC that integrates MCU, FPGA functions, and ADC into a single chip, the company has established full-stack in-house ASIC development capabilities. This technology foundation has already translated into large-scale commercialization, with Hesai's upgraded ATX lidar achieving full-scale mass production and securing over 6 million units in orders from leading OEMs.
Today, Hesai is the only lidar company in the world to develop all seven core components in-house, including its laser transmitter, receiver, driver, TIA, ADC, digital signal processor, and controller. To date, 21 of its in-house designs have achieved AEC-Q automotive-grade certification, with cumulative shipments exceeding 230 million units and expected to surpass 300 million units by the end of 2026.
According to global IP consultancy KnowMade, Hesai ranks No.1 worldwide in both patent volume and overall patent strength, with leading positions across key device categories including SPAD/SiPM detectors, VCSEL transmitters, and APD detectors. In the SPAD/SiPM segment, Hesai's patent portfolio is approximately twice that of Bosch, the second-ranked company, and up to forty times larger than that of other industry peers.
ETX Platform Upgraded to Full-Color Perception with 1000+ Channels
As the flagship lidar platform built on the Picasso architecture, the next-generation ETX represents a major step forward in high-performance perception. Designed for L3 and above autonomous driving, it combines longer range, higher resolution, and full-color perception in a flexible architecture with 1,080, 2,160, and up to 4,320 channels. With ultra-long-range detection and high-resolution perception, ETX enables vehicles to see farther and capture more detail across complex driving environments.
With a maximum detection range of up to 600 meters and 400 meters at
Built on the Picasso platform, ETX integrates Hesai's latest perception technologies to further enhance performance and reliability. These include upgraded Addressable Photon Isolation technology, advanced signal processing through the Intelligent Point Cloud Engine (IPE), and an enhanced anti-interference design, enabling more accurate signal extraction while suppressing noise and reducing false positives and false negatives compared with conventional SPAD-based approaches, significantly enhancing system safety and reliability.
ETX is expected to enter mass production in the second half of 2026, with planned deployment across multiple flagship vehicle models, supporting the large-scale adoption of L3 autonomous driving systems.
From Automotive to Robotics: Enabling the Physical AI Era
Hesai continues to lead the automotive lidar market in
Hesai is extending its leadership beyond automotive into robotics and embodied AI, with lidar solutions deployed across applications including delivery robots, cleaning robots, automated guided vehicles (AGVs), and robotaxi platforms. The company ranks No. 1 globally across multiple robotics lidar segments and is the only lidar company named to Morgan Stanley's "Humanoid Tech 25" list.
As Physical AI systems scale globally, demand for high-performance perception continues to accelerate. Morgan Stanley estimates that lidar demand could reach 700 million units by 2050, driven by more than 1.4 billion robots, highlighting the growing role of lidar as a core enabling technology for next-generation intelligent systems.
Hesai's global capabilities form the foundation for scaling its lidar and Physical AI strategy. The company has been selected by NVIDIA as a key partner for the NVIDIA DRIVE Hyperion 10 platform. By leveraging the standardized sensor architecture of Hyperion 10, OEMs can accelerate the development and deployment of autonomous driving systems in a safer, faster, and more scalable way. Backed by clear structural advantages in scalability, quality management, and cost, Hesai has established a leading global market position. This is supported by robust product development, manufacturing, and supply chain processes, as reflected in its A-grade result in a VDA 6.3 process audit, with a 90+ audit score. Today, its lidar solutions are enabling Physical AI applications across industries in over 40 countries worldwide.
Kosmo & Robotic Actuation Modules - From Perception to Intelligence
Hesai also previewed Kosmo, a new spatial intelligence AI hardware platform scheduled for release later this year. Designed to capture the 3D world in high fidelity, bringing the physical world into the digital space for immersive and interactive experiences, Kosmo enables scalable spatial data generation and processing. It helps address the shortage of high quality real world data and accelerates the development of world models and embodied AI systems.
Kosmo powers applications across home design, robotics training and many more. In home design, it transforms real spaces into fully interactive digital environments with precise spatial measurements, allowing users to explore from any perspective, rearrange furniture, and adjust lighting in real time. In robotics training, it creates a high-fidelity digital environment where robots can explore, interact, and learn through trial and error, simulating real-world physics to accelerate embodied intelligence.
In addition, Hesai unveiled a new strategic direction in robotic actuation modules, core infrastructure for the era of Physical AI. The company has moved into the underlying architecture of robotic actuation modules and independently developed key technologies in this domain. As the Physical AI wave accelerates, robotics is entering a critical stage of real-world understanding and interaction. From the "eyes" of robots to their "muscles," Hesai is expanding its capabilities across intelligent robotics, autonomous driving, smart industrial systems, and broader applications, positioning itself as a key enabler of the Physical AI ecosystem.
This evolution reflects Hesai's broader strategic expansion from spatial perception to spatial intelligence, moving beyond helping machines sense the world to supporting how they interpret and interact with it, while enabling emerging applications such as world models, embodied intelligence, AI hardware, immersive interaction, AIGC and 4D entertainment.
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SOURCE Hesai Technology