Kongsberg Automotive completes the share purchase in Chassis Autonomy, expanding its autonomous driving product portfolio
Zurich, July 11, 2023: Kongsberg Automotive AS (KA) has signed an agreement to acquire 20% of the shares in Chassis Autonomy SBA AB (Chassis Autonomy) via a directed rights issue. The agreement further includes call options to acquire up to 100% of the total outstanding shares within 2027.
Additionally, KA has entered an exclusive partnership collaboration with Chassis Autonomy to support the continued growth of the company and unlock its market potential.
Chassis Autonomy specializes in the design and development of steer-by-wire and brake-by-wire