New Taipei City, Taiwan, July 24, 2023 -Vecow Co., Ltd., a team of global embedded experts, and Kudan, a leading provider of real-time simultaneous localization of mapping (SLAM) software, are pleased to announce the expansion of their strategic partnership. This partnership expansion brings together Kudan's expertise in commercial-grade SLAM software technology and Vecow's innovation in time synchronization technology and strength in AI computing systems, enabling full-scale accuracy, reliability, and robustness for outdoor autonomous mobility and mobile mapping applications.

The opportunities and growth potentials for outdoor autonomous vehicles, robotics, and mobile mapping are significant. According to research firm Markets and Markets, the outdoor robotics market and mobile mapping market are projected to grow at a CAGR of 27.4% and 19.5%, respectively, during the forecast period from 2021 to 2026. This growth is driven by increasing demand for automation, digital transformation, and growing investment in smart city and next-generation infrastructure projects, where numerous industries are poised to benefit from relevant solution deployments.

While an increasing number of companies are trying to capture market needs by developing their solutions, many face challenges in delivering accurate and robust performance against diverse and complex environments due to a lack of reliable time synchronization, positioning, and mapping technologies. By combining multi-sensor fusion-based Visual and 3D-Lidar SLAM technologies(*) from Kudan, and a sophisticated while rugged time synchronization and edge computing system, called Time Sync BOX(**) from Vecow, this collaboration expansion aims to help the market players address their pain points, and improve the capabilities of outdoor autonomous robots and mobile systems with enhanced accuracy, robustness, safety and efficiency against various operational scenarios.

The two companies will conduct joint product developments to meet the objectives described and collaborate on marketing, business development, and sales activities leveraging their global business footprints as well.

"Through collaboration with Kudan SLAM software technologies, Vecow's global partners and customers can bring their solutions to the market faster for outdoor autonomous robotic and mobile mapping use cases," said Thomas Su, VP of Vecow. "Vecow is excited to partner with Kudan and will continue to work with industry leaders to remain at the forefront of technological advancements.”

"Kudan is excited to advance the partnership with Vecow towards fast-growing outdoor autonomous and mobile mapping applications." said Daiu Ko, Chief Executive Officer of Kudan. "Vecow's time synchronization and edge computing products are a great fit with Kudan's mult-sensor SLAM technology, which both serve as the core technology for autonomous mobility systems. We look forward to expanding the collaboration with Vecow in various areas to resolve key challenges of our customers and accelerate the time-to-market of their solutions with superior performance and reliability."

More details about this strategic partnership expansion will be announced separately in the future.

* SLAM (Simultaneous Localization And Mapping) is a technology that allows devices to self-locate and create maps of their surrounding environment simultaneously. Kudan owns SLAM technology utilizing both cameras and 3D-Lidar sensors, together with multi-sensor fusion and deep learning capabilities. Its technology has high precision and high-robustness characteristics with flexible sensor setup and deployment models.

** Vecow Time Sync BOX provides three key technologies: Time Winding, Time Stamping, and Time Keeping, it can help to measure all sensor's rising edge of the clocks aligned with the GPS PPS signal and send the time stamp data to all sensors node, the solution also includes PTP/gPTP, ROS 2 Framework, Daisy Chain, and EKF Algorithm. Those technologies will improve the capability of multi-sensor fusion, perception, precision, and positioning accuracy.

To know more about Vecow Time Synchronization Solutions, please visit Vecow at www.vecow.com

About Vecow

Vecow is a team of global embedded experts and we aim to be your trusted embedded business partner. Vecow is committed to designing, developing, producing, and supplying high quality AIoT solutions with trusted reliability, advanced technology, and innovative concepts. Our products include: AI-ready Inference Systems, AI Computing Systems, Fanless Embedded Systems, Vehicle Computing Systems, Robust Computing Systems, Single Board Computers, Multi-Touch Computers/Displays, Frame Grabbers, Embedded Peripherals and Design & Manufacturing Services for Machine Vision, Autonomous Car, Robotic Control, Rolling Stock, Public Security, Traffic Vision, Smart Automation, Deep Learning, and any Edge AI applications.

About Kudan Inc.

Kudan is a deep tech research and development company specialising in algorithms for artificial perception (AP). As a complement to artificial intelligence (AI), AP functions allow machines to develop autonomy. Currently, Kudan is using its high-level technical innovation to explore business areas based on its own milestone models established for deep tech which provide wide-ranging impact on several major industrial fields. For more information, please refer to Kudan’s website at www.kudan.io

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