Kongsberg Automotive enters a non-binding agreement to acquire 20% of Chassis Autonomy
Zurich, June 19, 2023: Kongsberg Automotive AS (KA) has entered into a non-binding agreement with Chassis Autonomy SBA AB , to acquire a 20% equity stake in the company combined with call options to acquire up to 100% of the shares (proposed transaction). Chassis Autonomy specializes in software design and hardware development in steer-by-wire and brake-by-wire systems for use in highly automated (L3) and fully autonomous (L4 and L5) vehicles. KA brings mechatronic know-how and industrialization competence, which will lead to the success in mass