NEWS WRAP: RoboSense turns first quarterly profit as LiDAR market matures
The Shenzhen-based company has evolved from a high-growth startup to become a leader in advanced light detection and ranging technology By Teri Yu RoboSense Technology Co. Ltd. (2498.HK) reported…
LiDAR firm Seyond charts a tricky path with new sensor models
The supplier of automotive sensors has narrowed its annual losses, helped by surging sales of cheaper LiDAR systems, but faces intensifying price pressure Key Takeaways: The company ramped up output…
Robosense steers into the black on robotic LiDAR rage
The positioning technology specialist rang up its first quarterly profit after years in the red, turbocharged by torrid growth across products like sensors for robots Key Takeaways: Robosense logged a…
BRIEF: RoboSense’s LiDAR sales nearly triple in fourth quarter
Autonomous driving technology maker Robosense Technology Co. Ltd. (2498.HK) said on Tuesday that its light detection and ranging (LiDAR) product sales reached 919,200 units in the fourth quarter, up 183%…
Seyond survives marathon journey to Hong Kong listing
The maker of autonomous driving sensors has completed a backdoor SPAC listing nearly a year after signing a merger agreement for the deal Key Takeaways: Seyond has become only the…
NEWS WRAP: Hesai hits 2025 profit target one quarter ahead of schedule
The global leader in LiDAR solutions reported a record 256 million yuan profit in the third quarter, as its revenue and shipments grew significantly during the period By Teri…
NEWS WRAP: Seyond sued by rival ahead of Hong Kong SPAC listing
The lawsuit claims Seyond’s long-range Robin E1X closely resembles Hesai’s AT series LiDAR sensors in both product design and system architecture By Teri Yu Autonomous driving technology company Seyond…