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Cruise spirals and LTA's airship breaks cover in Silicon Valley - Vimarsana News

Cruise spirals and LTA's airship breaks cover in Silicon Valley

LTA Research, the Sergey Brin-backed startup, took the wraps off its prototype electric airship — the largest aircraft in the world — right in the heart of Silicon Valley. As contributor Mark Harris wrote, the airship -- its snow-white steampunk profile visible from the busy 101 highway -- has taken drone technology such as fly-by-wire controls, electric motors and lidar sensing, and supersized them to something longer than three Boeing 737s, potentially able to carry tons of cargo over many hundreds of miles.

Source: yahoo.com
May Mobility Selects Aeva as Exclusive Production Supplier of Long-Range LiDAR - Vimarsana News

May Mobility Selects Aeva as Exclusive Production Supplier of Long-Range LiDAR

Aeva 4D LiDAR Replaces Conventional Long-Range LiDAR Technology in Multi-year Production Supply Agreement ...

Aeva to supply self-driving sensors to NTT-backed May Mobility - Vimarsana News

Aeva to supply self-driving sensors to NTT-backed May Mobility

Aeva Technologies on Wednesday said it has inked a deal to supply May Mobility with a key sensor for its self-driving shuttles. Silicon Valley-based Aeva has developed what is known as a lidar sensor that helps self-driving vehicles gain a detailed, long-range view of the road. Michigan-based May Mobility is developing self-driving shuttles, but rather than targeting consumers with a robo-taxi service, it is selling the shuttles to cities and other local governments that use them to complement or replace human-driven bus services.

Source: yahoo.com
May Mobility announces $105 million Series D investment round led by NTT to scale autonomous transit services - Vimarsana News

May Mobility announces $105 million Series D investment round led by NTT to scale autonomous transit services

/PRNewswire/ -- May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, today announced the company's closing of a $105...

May Mobility Raises $105M in Series D Funding - Vimarsana News

May Mobility Raises $105M in Series D Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!