Veoneer
Veoneer expects to deliver the system from 2022. Credit: chuttersnap on Unsplash.

Veoneer, a Swedish firm focused on advanced driving assistance systems and automated driving, and its software joint venture Zenuity, have been chosen by an Asian automaker for the delivery of an active safety system based on its next-generation Mono Vision and Radar System.

This is the eighth customer for Veoneer’s in-house-developed vision system.

Veoneer’s system is claimed to have been built to adhere to the Euro NCAP five-star safety rating.

It provides several driver assistance features such as highway assist, lane centering control, stop and go adaptative cruise control, automatic emergency braking, traffic sign recognition, and automated high beam control.

These features are considered to be the primary requirements for higher levels of automated driving.

Based on in-house computer vision algorithms, Veoneer’s camera-centric system architecture is complemented by radar-based perception to include the complete spectrum needed by Euro NCAP.

The camera is installed with Zenuity’s software, which combines information from the camera and radar, allowing reliability, safety and system availability.

New features such as road surface profile and advanced path prediction will also be deployed to boost the user experience.

Veoneer expects to commence the delivery of the system to this undisclosed customer from 2022.

Veoneer chairman, president and CEO Jan Carlson said: “We are truly honored to be selected by yet another global automaker to develop and build a state-of-the-art active safety system.

“This is an important proof-point of how our world-class solutions support collaborative driving and create trust in mobility.”

Established in 2018, Veoneer has 9,200 employees in 13 countries. In 2018, it reported sales of $2.2bn. It is listed on the New York Stock Exchange and on Nasdaq Stockholm.