Klimator receives new order from leading Japanese OEM, after successful evaluation project
Klimator has received an order for the AHEAD sensor technology from a leading Japanese vehicle manufacturer. The order comes from an existing customer that now wants to continue the collaboration with Klimator after a successful evaluation project. The purpose of the contract is to integrate the technology into the vehicle manufacturer's development vehicles for motion control. The order value amounts to EURO 70K.
During 2022, Klimator's technology, AHEAD, has been evaluated in connection with the vehicle manufacturer's development of advanced driver support systems and autonomous systems. As the project has now come to an end, the Japanese vehicle manufacturer has chosen to continue development with Klimator in a project that extends over 2023. The aim is to integrate the technology into test vehicles and adapt Klimator's technology to the needs of a state-of-the-art and sophisticated motion control and driver support functions. Through close collaboration, the goal is to develop vehicle functions well adapted to information about road weather.
“The fact that Klimator once again receives a renewed trust from an existing customer in the automotive industry is a confirmation of not only of the quality our technology delivers, but also of how our teams work dedicated and in close collaboration with the customer. The continuation project is a great opportunity to, together with our customer, enable a system that is well adapted to meet the needs of a state-of-the-art motion control and driver support functions taking into account the road weather conditions.“, says Viktoria Bogren, Head of Automotive at Klimator.
About AHEAD
AHEAD is a technology that analyzes the road surface and friction ahead of a vehicle, in real-time. The technology is the result of over ten years of research and development within road surface classification. AHEAD provides vehicle systems with information on prevailing road surface conditions, which increases the functionality, operability, and use of advanced driver support systems (ADAS) and autonomous driving (AD) technologies.
This disclosure contains information that Klimator is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 18-01-2023 08:55 CET.
For further information
Patrik Simson, CEO of Klimator AB
E-mail: patrik.simson@klimator.se
Phone: +46 (0) 70 283 77 65
Partner Fondkommission AB (phone 0046 31 761 22 30, www.partnerfk.se) is the company’s Certified Adviser on Nasdaq First North Growth Market.
About Klimator
Klimator AB is a publicly listed software company with over 30 years of research in applied road climatology. Klimator has two innovations – the data platform Road Condition Data (RCD), providing predictive high precision road weather information, and the sensor fusion solution AHEAD providing real-time detective road weather information. With these innovations, Klimator provides precise and reliable road weather information to the winter maintenance and the automotive industries creating safer roads and enabling scalable autonomous driving (AD) and intelligent driver support systems (ADAS). In 2020, Klimator acquired HedeDanmark's business operations within connected sensors to broaden and strengthen Klimator's product portfolio.
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