SOMERVILLE, Mass., Dec. 17, 2018 (GLOBE NEWSWIRE) -- WaveSense, Inc., today announced its participation in the 2019 International CES show the week of January 8-11 in Las Vegas, where it will meet with automakers, suppliers, and technology companies about its ground-penetrating radar (GPR) technology for self-driving and autonomous vehicles.
WaveSense will participate at the Pepcom Digital Experience! press event on Monday, January 7 from 7-10:30 p.m. PST at the Mirage hotel on the Las Vegas Strip. CEO Tarik Bolat and CTO Byron Stanley will also be in attendance at the GENIVI event Tuesday, January 8 in the Bellagio Grand Ballroom at the PlanetM Startup Pavilion Area.
Today’s autonomous vehicles struggle to “see” and navigate due to an ever-changing surface environment – inclement weather, poor lane markings, and a lack of stable features to reference mean that vehicle positioning is not as reliable as it must be to drive significant adoption and earn the public’s trust.
WaveSense enables the safest and most reliable navigation for self-driving vehicles by creating and tracking against subterranean maps of our roadways using ground-penetrating radar. WaveSense’s core technology is exclusively licensed from MIT where it was originally developed at MIT Lincoln Laboratory for military applications. Self-driving vehicles using WaveSense can navigate in snow, rain, fog, poor/no lane markings, and other common but challenging conditions created by surface dynamics, where technologies like lidar, radar, GPS/INS and cameras are unreliable.
WaveSense builds a fingerprint of our roadways, mapping and tracking against unique geologic patterns underground. Unlike the constantly changing visual landscape above ground, this subterranean data is static, providing a guide that’s always available for self-driving vehicles. The company has several pilots underway with leading OEMs and Tier 1 suppliers in the automotive and technology sectors and recently closed a $3M seed round led by Rhapsody Venture Partners.
About WaveSense
WaveSense is the first company in the world to offer self-driving vehicle navigation based on ground penetrating radar at commercial scale. Its mission is to enable self-driving vehicles to navigate any road safely, precisely and reliably in any condition. It is the worldwide exclusive licensee of IP generated at MIT Lincoln Laboratory while the technology was being developed for the military applications. WaveSense was founded in 2017 and is funded by Rhapsody Venture Partners, a Cambridge, MA-based venture fund focused on investing in and bringing to market breakthrough innovations in hard science and technology. For more information on WaveSense, visit www.wavesense.io and follow us on Twitter at @wavesense_inc.
Media Contacts:
Susan Donahue
Skyya for WaveSense
+1 (646) 454-9378
susan.donahue@skyya.com