![]() Our focus to work with a handful of really high quality players to be able to introduce the technology for different applications of markets. Most notably because it's not an automaker, what are you doing with Airbus right now?ĪUSTIN RUSSELL: So with Airbus, the goal was really to take from the ground to the skies with them too as part of the aviation industry, and work with some of the leading key players and other adjacent markets. And also, one partner caught my attention when you guys reported. And starting to see that solidified even greater conviction in everything that we're seeing ahead of us.Īnd raising guidance as well on near-term revenue, which is only accelerated from these series production program wins and people that are already paying us upfront even before the production starts of the vehicles. So it'll be a great one ahead of us by- by all means. We're expecting at least 60% growth in that for- for this year. That is estimated 1.3 billion forward looking order book.Īgain, this is only being counted from programs that we've won here or been awarded to us as part of an estimated accumulation of the business, the business opportunity in terms of what's ahead for the programs.īut- but the thing is- is that we actually are now raising that significantly. We previously disclosed at the beginning of this year. We doubled it from three to six, which is really just been taking the market by storm in that respect.Īnd with that, that's we're from- from an order book perspective. So- so we've been- there's been pretty rapidly increasing does just for this quarter we actually increased guidance on a few different key metrics, including our major commercial wind target for this year. How much backlog you have in terms of order value?ĪUSTIN RUSSELL: Yeah. ![]() Austin, you sure seem to be gaining a lot more commercial contracts quicker than a lot of folks on the street anticipated. And certainly by far the biggest deal that we've been aware of when it comes to the broader, automatic, or autonomous, you know, specific industry when it comes to seeing this technology actually see the light of day on real production vehicles and not just get stuck in testimony. You know, decades ago when they were first introduced. This is something where, you know, safety shouldn't be optional, particularly when you're talking about such a fundamental shift in what this can do for- for drivers and preventing accidents. So part of the rationale though with the standardization is that, you know, this- this Lidar system, as well as the software that we have is now starting to go from something that can be an option on the higher end of vehicles to now starting to be standardized on automakers. And then the other side of it is that it has the ability to dramatically improve the safety of the vehicle when the human is driving on the streets or frankly anywhere. So in other words, it can enable autonomy on highways, exit to exit. So it allows you to take the driver out of the loop for highway use cases. So one is when it comes to autonomous driving. So I think there's two key modes of functionality here. What exactly is your product doing in these Volvo cars? What function is it providing?ĪUSTIN RUSSELL: Right. So first of all, just set the scene for me. I've thought about it in terms of applications for driverless cars, right? But this shows that there are definitely other applications as well. And I think that most of us since we learned about Lidar, which is a relatively new development.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |