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LeddarTech Holdings Inc (LDTC) provides cutting-edge perception software for autonomous vehicles and advanced driver assistance systems (ADAS). This page serves as the definitive source for verified corporate updates, offering investors and industry professionals timely access to essential developments shaping the automotive technology sector.
Find comprehensive coverage of financial results, strategic partnerships, and technological breakthroughs related to LDTC's AI-driven solutions. Our curated news collection simplifies tracking the company's progress in developing safety-critical systems that power next-generation vehicles.
Key updates include product launch announcements, licensing agreements with automotive manufacturers, and regulatory milestones for autonomous driving technologies. All content undergoes rigorous verification to ensure accuracy and relevance for decision-makers.
Bookmark this page for streamlined access to LDTC's evolving role in enabling safer transportation through computer vision and machine learning innovations. Regular updates provide critical insights into the company's market position and technical advancements within the competitive automotive tech landscape.
LeddarTech (NASDAQ: LDTC) has concluded its participation at CES 2025, marking significant achievements including receipt of a US$3 million pre-paid royalty payment. This payment follows the successful demonstration of LeddarVision Surround (LVS-2+) software using Texas Instruments' TDA4VH-Q1 processor, part of a licensing agreement announced in December 2024.
At CES 2025, the company showcased its LVS-2+ software stack designed for L2/L2+ highway and city ADAS applications, conducting demonstrations and meetings with OEMs, Tier 1 suppliers, and strategic partners. The technology aims to help manufacturers meet 5-star NCAP 2025/GSR 2022 requirements cost-effectively.
The company reports collecting customer leads and initiating potential new partnerships during the event. LeddarTech currently holds 87 granted patents out of 170 applications, positioning itself in the automotive software industry with its AI-based sensor fusion and perception technology.
LeddarTech Holdings Inc. (Nasdaq: LDTC) will showcase its LeddarVision Surround-View (LVS-2+) at CES 2025 in Las Vegas. LVS-2+ is a comprehensive surround-view ADAS L2/L2+ highway/city software stack featuring 5V5R sensor fusion technology for enhanced vehicle detection and safety features.
The system supports speeds up to 160 km/h with a 200m range, operating on urban and rural roads in various conditions. The hardware configuration includes an 8 Mpx front camera, four 2-3 Mpx surround cameras, and five radars, powered by TI TDA4VH-Q1 processor.
At CES, LeddarTech will offer interactive demonstrations including a LeddarVision Dashboard, 360° Virtual Reality Experience, and live on-road demonstrations. The company will also showcase collaborations with Texas Instruments and Arm, demonstrating LVS-2+ capabilities on TI's processor and Arm-powered AWS G5g platform.
LeddarTech Holdings (NASDAQ: LDTC) announced its fiscal year 2024 results ended September 30, 2024. Key highlights include a strategic collaboration with Texas Instruments, involving royalty payments totaling US$10 million, with the first US$5 million tranche received in December. Revenue from continuing operations was $0.5 million, up from $0.2 million in FY2023. The company reported a net loss of $167.3 million, which includes a $69.3 million non-cash impairment charge and $59.1 million in listing expenses.
The company's cash balance as of December 17, 2024, was $20.8 million, bolstered by approximately C$23.9 million raised through various sources. LeddarTech responded to RFI/RFQs worth approximately $700 million in software sales value and conducted over 50 joint customer demonstrations during Q4.
LeddarTech Holdings (Nasdaq: LDTC), a company specializing in AI-based automotive software for ADAS, AD, and parking applications, has announced an upcoming Investor and Business Update conference call and webcast scheduled for December 18, 2024 at 8:00 a.m. EST.
The event will feature presentations from Frantz Saintellemy, President and CEO, and Chris Stewart, CFO. Investors can join via phone using (646) 307-1963 in the U.S. or (800) 715-9871 for international calls, with conference ID 1293674. A live webcast will also be available and archived on LeddarTech's Investor Relations website.
LeddarTech Holdings (Nasdaq: LDTC) has received the first full installment of advanced royalty payments from Texas Instruments (TI) under their strategic collaboration and software license agreement announced on December 9, 2024. The agreement aims to develop an integrated platform solution for ADAS and autonomous driving markets.
Following this payment, conditions have been met in both the Fourteenth Amending Agreement with Desjardins and the Second Amending Agreement with Bridge Lenders, establishing the short-term outside date as January 31, 2025. These amendments were related to the company's credit facility and bridge financing arrangements.
LeddarTech (Nasdaq: LDTC) has announced a strategic collaboration and software license agreement with Texas Instruments (TI) for ADAS and autonomous driving solutions. TI will provide advanced royalty payments to support joint commercialization. In connection with this, LeddarTech has amended its credit facility with Desjardins and bridge financing arrangements.
Key modifications include: temporary postponement of interest payments from July through December 2024, suspension of minimum cash covenant requirements, and extension of bridge loan maturity. These changes are contingent on receiving TI's first royalty payment installment and securing minimum gross proceeds of US$35 million from equity investments.
LeddarTech (Nasdaq: LDTC) has announced a strategic collaboration and software license agreement with Texas Instruments (TI) for advanced driver assistance systems (ADAS) and autonomous driving solutions. TI will make advanced royalty payments to license LeddarTech's LeddarVision AI-based fusion and perception software stack, which will be pre-integrated with TI's TDA processors.
The collaboration, developed over two years, aims to create an open, high-performance, and cost-efficient solution for ADAS and AD systems. The integrated solution has received positive feedback from automotive OEMs and Tier 1 suppliers. Key benefits include accelerated time-to-market, scalability, cost efficiency, and comprehensive end-to-end support.
LeddarTech (Nasdaq: LDTC) announces its participation at CES 2025 in Las Vegas, showcasing their latest AI-based automotive software solutions. The company will demonstrate three key products: LeddarVision Surround (LVS-2+) for enhanced full surround-view ADAS, LeddarVision Front-Entry (LVF-E) for L2/L2+ highway assist, and LeddarVision Parking (LVP-H) for intelligent parking applications. The exhibition will feature interactive demonstrations including a virtual reality experience and live on-road demonstrations. LeddarTech will collaborate with Texas Instruments and Arm to showcase their technology integration, demonstrating LVS-2+ on TI's TDA4VH-Q1 processor and AWS G5g platform.
LeddarTech (Nasdaq: LDTC), an automotive software company specializing in AI-based sensor fusion and perception software technology, has provided an update regarding its bridge financing arrangements. The company failed to secure required equity investments by the November 15, 2024 maturity date, as stipulated in both the Bridge Financing Offer with Bridge Lenders and the Desjardins Credit Facility. Despite missing the deadline, LeddarTech reports ongoing progress toward completing the financing and maintains active discussions with its lenders. No repayment notices have been received from Desjardins or Bridge Lenders to date.
LeddarTech (Nasdaq: LDTC) has achieved ISO/IEC 27001 certification on September 18, 2024, demonstrating its commitment to information security management. This certification establishes a robust information security management system (ISMS) and validates the company's ability to protect against cyber-attacks, data leaks, and theft. The certification aligns with global regulatory requirements, including GDPR and UNECE WP, strengthening LeddarTech's position as a provider of AI-based low-level sensor fusion and perception software technology for automotive applications.
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