![]() ![]() These advances will drive safer vehicles onto the roads and reduce the impact of traffic accidents. Luminar’s technology can raise the bar on safety testing to address a wider set of traffic scenarios, such as different lighting, weather conditions and the presence of vulnerable road users. Luminar acknowledges the important role of these programs and advocates for even more aggressive testing requirements. Crash avoidance features are identified or evaluated under these programs through certain test procedures. Global regulators, including the US National Highway Traffic Safety Administration, have developed new car assessment programs (NCAP) to help consumers understand certain capabilities of the vehicles in the market. Additionally it is a building block for Levels 4-5 of autonomy (high automation – full automation). The goal is to significantly reduce road accidents and move towards a vision of being an uncrashable car even before the driver is taken out of the loop at the Level 0, 1 and 2 of autonomy (no automation – partial automation). ![]() In 2021, Luminar launched a new product, Proactive Safety which is an integrated hardware & software solution that provides higher-confidence detention and proactive collision avoidance at high speeds. Waymo has announced that it will reduce the sale price of lidars by. Approximately 1.3M people die globally in road crashes each year and for this reason, Luminar has placed safety as its top priority and uses lidar to help build the ‘uncrashable car’. However, as discussed in previous chapters,70 lidar sensors are expensive and so at. ![]()
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