In a groundbreaking move, RoboSense, a trailblazer in LiDAR technology, proudly announced its official listing on the Hong Kong Stock Exchange under the ticker 2498.HK. With a staggering market value exceeding HKD 19 billion, RoboSense now stands as the world’s largest LiDAR company by market capitalization.
This significant milestone unlocks new horizons for RoboSense, empowering the company to utilize global capital for strategic expansion. The focus includes strengthening core technologies, refining product offerings, fortifying manufacturing and supply chain capabilities, and broadening its customer base. The company’s North American office, based in Plymouth, Michigan, spearheads collaborations with automotive giants, propelling the adoption of RoboSense’s LiDAR solutions. Notably, the company’s influence extends to California, where partnerships with automotive, mobility, and robotics companies continue to flourish.
Dr. Qiu Chunxin, Co-Founder, Chairperson of the Board, Executive Director, and CEO, emphasized RoboSense’s commitment to safety and intelligence. He expressed the company’s dedication to fostering global technological adoption, creating a smarter, safer world through innovative products that redefine possibilities for customers, investors, and stakeholders.
Established in 2014, RoboSense has been a driving force in chip-driven LiDAR hardware and AI perception software, advancing autonomous solutions and leading industry growth. The company’s pioneering efforts include the development of its own chip technology, including MEMs, and achieving mass production of automotive-grade solid-state LiDAR, setting industry benchmarks.
With an extensive customer base in automotive and robotics, RoboSense has secured 62 vehicle model design wins, facilitating large-scale mass production delivery for 12 OEMs and Tier 1 customers across 24 models. As of October 2023, the company has delivered approximately 220,000 LiDAR sensors and served around 2,200 customers in robotics and other applications.
RoboSense’s unwavering commitment to innovation and pragmatism propels its mission to create a safer and smarter world. The company’s scalable LiDAR and perception solutions continue to redefine the landscape of intelligent automotive and robotic systems.
