Latest news with #ADAS
Yahoo
21 hours ago
- Automotive
- Yahoo
Automotive Systems Integration Market is expected to reach USD 80 billion by 2034, growing at a 6.1% CAGR
Automotive Systems Integration Market Outlook 2025–2034 Luton, Bedfordshire, United Kingdom, June 20, 2025 (GLOBE NEWSWIRE) -- The global automotive systems integration market is on a transformative trajectory, projected to reach approximately USD 45 billion in 2024. Driven by increasing consumer demand for smart technologies and enhanced vehicle connectivity, the market is expected to grow at a compound annual growth rate (CAGR) of 6.1%, culminating in a valuation of nearly USD 80 billion by 2034. Download PDF Brochure: Key Market Drivers The market's expansion is fueled by rising integration of advanced driver-assistance systems (ADAS) and the proliferation of electric and autonomous vehicles, both of which require sophisticated systems integration for seamless functionality. Additionally, demand for software development, cybersecurity, and data analytics services continues to rise as vehicles become increasingly complex ecosystems combining multiple components and services. Market Challenges Despite its potential, the market faces hurdles such as supply chain disruptions, stringent regulatory compliance demands, and rapid technological advancements that require constant adaptation. The shift towards electric mobility also necessitates robust infrastructure support, which may delay widespread adoption in certain regions. Growth Opportunities Significant growth prospects exist in areas such as connected vehicle analytics, mobility-as-a-service platforms, and cybersecurity solutions tailored for automotive applications. As consumer preferences shift towards eco-friendly and tech-equipped vehicles, manufacturers and service providers have numerous opportunities to innovate and capture market share. Market Segmentation By Application: Vehicle Management Systems Infotainment Systems Advanced Driver Assistance Systems (ADAS) Vehicle Communication Systems Traffic Management Systems By Vehicle Type: Passenger Cars Commercial Vehicles Two-Wheelers Electric Vehicles (EVs) By Technology: Hardware-based Solutions Software-based Solutions Hybrid Solutions By Service Type: Consulting Services Implementation Services Maintenance & Support Services By End User: Original Equipment Manufacturers (OEMs) Aftermarket Providers Fleet Management Companies By Market Type: B2B B2C By Distribution Channel: Direct Sales Online Sales Distributor Sales Browse full Report - Regional Insights North America currently holds a dominant position, accounting for about 35% of global market revenue. Europe and the Asia-Pacific regions follow, with the latter projected to experience the fastest CAGR of 7% due to rapid urbanization and increasing demand for smart automotive technologies in countries like China and India. Competitive Landscape Key market players include Continental AG, Bosch Mobility Solutions, Denso Corporation, Delphi Technologies, Harman International, Valeo SA, Aptiv PLC, ZF Friedrichshafen AG, Magna International, NXP Semiconductors, Nvidia Corporation, Tesla Inc., Rivian Automotive, Tata Elxsi, and Wabco Holdings. Recent Developments Continental AG: Launched next-generation ADAS enhancing vehicle automation and safety. Bosch Mobility Solutions: Partnered with an EV startup to co-develop powertrain technologies. Tata Elxsi: Introduced an end-to-end Connected Vehicle Analytics platform. Valeo SA: Merged with a European sensor technology firm to strengthen its position in automotive sensors. Nvidia Corporation: Acquired an AI-focused automotive software company to boost its machine learning capabilities. This report is also available in the following languages : Japanese (自動車システム統合専門家市場), Korean (자동차 시스템 통합 전문가 시장), Chinese (汽车系统集成专家市场), French (Marché des experts en intégration de systèmes automobiles), German (Markt für Experten für die Integration von Automobilsystemen), and Italian (Mercato degli esperti di integrazione dei sistemi automobilistici), etc. Request Sample Pages: More Research Finding – Automotive Gateway Market The global automotive gateway market is valued at approximately $5.2 billion in 2024. This sector is projected to experience significant expansion, reaching an estimated $12.4 billion by 2034, reflecting a compound annual growth rate (CAGR) of around 9.0% during the forecast period of 2025–2034. V2X Cybersecurity Market The V2X (Vehicle-to-Everything) cybersecurity market is valued at approximately $1.5 billion, driven by the increasing adoption of connected vehicles and the critical need for protecting automotive ecosystems from cyber threats. With the proliferation of Advanced Driver Assistance Systems (ADAS) and the push towards fully autonomous vehicles, the market is positioned for significant growth. By 2034, the market value is projected to reach around $6.7 billion. Automotive Intrusion Detection Systems Market The global automotive intrusion detection systems market is valued at approximately $3.8 billion, reflecting robust growth driven by increasing concerns over vehicle security and technological advancements. By 2034, the market is projected to reach nearly $9.5 billion, indicating significant market potential over the next decade. This trajectory corresponds to a Compound Annual Growth Rate (CAGR) of 9.5% from 2025 to 2034. Battery Management Systems Market The global Battery Management Systems (BMS) market is valued at approximately $10.5 billion in 2024, driven by the rising adoption of electric vehicles (EVs), renewable energy storage, and consumer electronics advancements. The market is projected to reach around $25 billion by 2034, reflecting an anticipated Compound Annual Growth Rate (CAGR) of approximately 9.1% during the forecast period from 2025 to 2034. Solid-State Batteries Market The solid-state battery market is poised for significant growth, with a projected market value of approximately $5.4 billion in 2024. This momentum is expected to accelerate, leading to a forecasted market value of around $18.5 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 12.9% during the period of 2025 to 2034. Connected Vehicle AI Solutions Market The global Connected Vehicle AI Solutions market is valued at approximately $8.4 billion in 2024, with projections indicating substantial growth, reaching about $27 billion by 2034. This represents a robust Compound Annual Growth Rate (CAGR) of around 13% for the forecast period from 2025 to 2034. OEM Autonomous Tech Partners Market The global OEM autonomous technology market is projected to reach a value of approximately $26 billion in 2024, driven by rapid advancements in artificial intelligence, machine learning, and sensor technologies. By 2034, the market is anticipated to expand significantly, reaching an estimated $92 billion, which represents a compound annual growth rate (CAGR) of 13.5% over the forecast period from 2025 to 2034. Tier-1 Automotive Suppliers Market The Tier-1 automotive supplier market is projected to be valued at approximately $500 billion in 2024, driven by increasing global vehicle production, electrification trends, and innovations in connected vehicle technologies. The market is expected to expand at a compound annual growth rate (CAGR) of around 7% between 2025 and 2034, potentially reaching a valuation of $1 trillion by the end of the forecast period. Future-Ready Automotive Compute Systems Market The global market for future-ready automotive compute systems is valued at approximately $58 billion in 2024, with expectations to reach around $112 billion by 2034. This growth represents a robust Compound Annual Growth Rate (CAGR) of about 6.8% during the forecast period from 2025 to 2034. Automotive Electronics Market The automotive electronics market is projected to reach a value of approximately $400 billion in 2024, with robust growth anticipated over the next decade. By 2034, the market is expected to expand to around $680 billion, reflecting a Compound Annual Growth Rate (CAGR) of approximately 5.5% during the forecast period from 2025 to 2034. Innovative AI-Powered Interior Cabin Solutions Market The AI-powered interior cabin solutions market is poised for significant growth, with an estimated market value of approximately $3.2 billion in 2024. Forecasts suggest this figure could escalate to around $8.9 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period from 2025 to 2034. DriveOS Safety-Certified Platform Market The global market for advanced safety technologies in the automotive sector is valued at approximately $45 billion in 2024. Projections indicate a robust growth trajectory, with the market expected to reach around $100 billion by 2034. This represents a Compound Annual Growth Rate (CAGR) of about 8.4% from 2025 to 2034. Vehicle Sensor Fusion Technologies Market The global vehicle sensor fusion technologies market is projected to reach approximately $18.2 billion in 2024, driven by the increasing demand for advanced driver-assistance systems (ADAS) and the growing trend towards electrification in the automotive sector. For the forecast period of 2025 to 2034, the market is expected to expand at a robust Compound Annual Growth Rate (CAGR) of around 14.5%, potentially reaching a value of $73.5 billion by 2034. Magna ADAS Development Services Market The ADAS (Advanced Driver-Assistance Systems) market is projected to reach approximately $41 billion in 2024, driven by increasing demand for vehicle safety and emerging autonomous driving technologies. The market is positioned for substantial growth, with an anticipated value of around $95 billion by 2034, reflecting a compound annual growth rate (CAGR) of 8.8% during the forecast period (2025–2034). Automotive Deep Learning Solutions Market The automotive deep learning solutions market is valued at approximately $3.1 billion, driven by advancements in artificial intelligence and increased adoption of autonomous driving technologies. The market is projected to reach around $9.2 billion by 2034, reflecting a robust growth trajectory. Parking Assistance Systems Market The global market for Parking Assistance Systems is projected to reach approximately $6 billion in 2024, driven by rising consumer demand for advanced driver-assistance systems (ADAS) and the increasing emphasis on vehicle safety features. As urban areas become more congested, the need for efficient parking solutions is paramount. The market is expected to grow at a CAGR of around 10% from 2025 to 2034, indicating strong future expansion. Lane Departure Warning System Market The global Lane Departure Warning System (LDWS) market is anticipated to reach a value of approximately $3.2 billion in 2024, driven by increasing concerns over road safety and advancements in vehicle technology. The market is projected to expand significantly, estimating a compound annual growth rate (CAGR) of around 10.5% from 2025 to 2034, reaching an estimated value of $9.6 billion by 2034. Chip Manufacturing Market The global chip manufacturing market is valued at approximately $500 billion in 2024. The market is projected to reach around $1 trillion by 2034, driven by the escalating demand for advanced semiconductors across various sectors, including automotive, consumer electronics, and artificial intelligence. This translates to a robust Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2034. Trade Wars Impact on Semiconductors Market The semiconductor market is valued at an estimated $600 billion, driven by robust demand from sectors such as consumer electronics, automotive, and cloud computing. The market is projected to reach approximately $1 trillion by 2034, indicating a CAGR of around 6.5% from 2025 to 2034. Key trends influencing this growth include the rapid expansion of 5G technology, the rise of artificial intelligence, and increased investments in electric vehicles. CONTACT: Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in to access your portfolio
Time Business News
a day ago
- Automotive
- Time Business News
Strategic AI Shifts Accelerate Transportation Growth
Artificial intelligence in transportation that has benefited all aspects of convenience, safety, and efficiency. Machine learning and artificial intelligence are increasingly implemented in several domains to achieve this end. Increased connectedness, more data availability, a growing vehicle-to-roadway ratio, and the need for efficient systems have fast-tracked the growth and so are companies in industries such as logistics, traffic control, and autonomous vehicles. The increase in linked vehicles and the mass of commuter data also boosts these factors, especially the use of AI systems in various modes of transport. Application areas of AI are traffic flow, maintenance requirements, and the easing of traffic congestion. Due to this, various businesses are adopting AI technologies to make transportation less complicated and time-consuming. Key Growth Drivers and Opportunities Technological Trends: As technological trends in AI Transportation include Autonomous freight and delivery, advanced driver assistance systems (ADAS), intelligent fleet management, AI-based predictive maintenance, and intelligent traffic systems on a huge scale. It is really about creating safer, more efficient, and sustainable means of transportation. Radar technology, drones, Location intelligence via aerial solution, and AI-powered sensors are at the forefront of transforming the transportation industry by enabling better vehicle navigation and delivery logistics. Challenges The AI in transportation sector is challenged by a number of obstacles. There are implementation costs, concerns over privacy issues with all the data required for AI, and absence of common regulation across jurisdictions. Tasking AI to be integrated into existing systems attempts to determine how long it will take for legacy systems to adopt. Also, there is a shortage of skilled workers, and one has to worry about whether the computer could be biased, or fail when safety is a concern. All this leads to low levels of trust and acceptance in AI based transportation solutions. Innovation and Expansion Knight-Swift Accelerates Safety with Netradyne's Vision-Powered AI In April 2025, the largest full truckload carrier in the industry, Knight-Swift Transportation Holdings Inc., has partnered with Netradyne, a leading software as a service (SaaS) provider of edge computing and artificial intelligence (AI), to equip 15,500 Knight and Swift trucks with Driveri D-450 and D-215 fleet safety dash cameras. Knight-Swift's D-450 and D-215 dash cam video footage will be converted by Netradyne into useful safety and efficiency insights. Through the analysis of all driving time, Driveri proactively improves safety by providing in-cab audio alerts in real-time, giving drivers self-coaching, accident warnings, and prompt advice on better choices. HERE Technologies Charts a New Course with AI-Driven Guidance for Smart Mobility In January 2025, the industry-leading provider of location data and technology, HERE Technologies, announced the HERE AI Assistant, its newest artificial intelligence (AI) product. This innovative system, which was created to meet the changing demands of the transportation and automotive sectors, uses many Generative AI Large Language Models (LLMs) to provide location-aware, natural language-powered assistance. Personalized journey planning is revolutionized by the HERE AI Assistant, which responds to sophisticated location-related inquiries with natural language prompts and delivers excellent, real-time responses. As the automobile industry develops software-defined, networked, electrified, and autonomous vehicle systems, the AI-powered capabilities are specifically designed for this sector. Delta's Intelligent Travel Revolution: One Ticket, Many Modes, Zero Hassle In January 2025, Delta launched 'multi-modal' transportation alternatives through its partners Uber and Joby, as well as Delta Concierge, an AI-powered digital tool that will add sophisticated features to its Fly Delta app starting in 2025 and beyond. Customers can travel with greater control and confidence due to Delta Concierge, which is integrated with the Fly Delta app. The experience streamlines a customer's trip by utilizing generative AI to provide smooth and customized moments. Fueling Growth: The Creative Spark Behind Market Expansion Among the major companies in the market are IBM, Daimler, Volvo, Paccar, Scania, Intel, and NVIDIA. With many companies concentrating on sustainable mobility and cutting-edge technology features that integrate with the automotive and transportation industries, the artificial intelligence in transportation market is extremely competitive. The target market's competitive environment is characterized by the existence of both established businesses and up-and-coming startups and niche players. With large expenditures from both automotive and technology businesses, the current market wave is strongly pushing toward the development and implementation of autonomous cars. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS
Yahoo
a day ago
- Automotive
- Yahoo
V2X Technology Enhances Digital Mapping for Safer, Efficient Driving
The Automotive Digital Mapping Market is set to reach USD 9.6 billion by 2025, with a projected growth at 14.2% CAGR, hitting USD 31.7 billion by 2034. Integral for navigation, V2X communication, ADAS, and autonomous driving, innovations feature HD mapping, AI updates, and eco-routing. Major growth is expected across North America, Europe, Asia-Pacific, MEA, and SCA regions. Automotive Digital Mapping Market Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Automotive Data Cables Market Outlook 2025-2034" has been added to offering. The global automotive digital mapping market is projected to grow significantly, with a valuation of USD 9.6 billion in 2025, expanding at a CAGR of 14.2% to reach USD 31.7 billion by 2034 As key enablers in modern navigation systems and autonomous driving technologies, digital maps provide essential foundations for functionalities such as turn-by-turn navigation, traffic updates, advanced driver assistance systems (ADAS), and vehicle-to-everything (V2X) communication. These innovations are crucial as vehicles become more connected and autonomous, elevating digital maps from simple directional aids to intricate, real-time data platforms that enhance driving safety and efficiency. The surge in high-precision, constantly updated digital maps is driven by the rise in electric and autonomous vehicles, with significant advancements witnessed in data acquisition and processing in 2024. High-definition (HD) mapping, which offers centimeter-level accuracy, has become pivotal for autonomous driving, supported by enhanced sensor data from LiDAR, cameras, and GPS technologies. Integration of AI and machine learning facilitates real-time updates, ensuring robust map accuracy even amid dynamic traffic conditions and urban complexities. As the market grows in 2025 and beyond, HD mapping is expected to expand geographically, backed by collaboration between automakers, tech companies, and mapping providers. V2X technology will augment map capabilities, fostering real-time exchange of information about road conditions, traffic flow, and weather, while promoting eco-friendly routing in support of sustainable energy usage. As a result, digital mapping is positioned as a critical tool for future mobility, fostering innovation and enhancing safety. Market Analytics The analysis evaluates direct and indirect forces impacting market supply and demand. Various market segments, including geopolitical and demographic factors, are assessed using Porter's five forces to predict market developments. Recent deals and geopolitical changes, like the Russia-Ukraine conflict, are also considered for their potential market impact. Trade and price analysis offers insights into international market scenarios, helping stakeholders plan procurement, identify potential partners, and explore new sales channels. Research updates include the effects of recent political and economic developments. Competitive Intelligence Comprehensive company profiles and SWOT analyses highlight the competitive landscape, revealing key players' strategies and market performance. The study covers new product launches, financial developments, and strategic alliances across regions, equipping clients with competitive intelligence to drive market positioning and growth. Key Insights into the Automotive Digital Mapping Market Expanded high-definition mapping adoption for autonomous applications AI and machine learning integration for real-time updates Enhanced use of LiDAR, camera, and GPS sensor data V2X technology to improve map precision Eco-friendly routing for sustainability Increased demand for precise navigation due to autonomous and electric vehicle adoption Compliance with stringent safety regulations Advancements in sensor tech and data processing Maintaining accuracy in complex environments Market Segmentation By Component: Services By Mapping Type: 3D Maps, Satellite Imagery By Application: Logistics Control Systems, ADAS, Others By Geography: North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $9.6 Billion Forecasted Market Value (USD) by 2034 $31.7 Billion Compound Annual Growth Rate 14.1% Regions Covered Global Companies Featured Sumitomo Electric Industries Ltd Prysmian Group BorgWarner Inc. Furukawa Electric Co Ltd. Belden Inc. Gebauer And Griller HUBER+SUHNER COFICAB Group ACOME Group Axon Cable UKB Electronics Rosendahl Nextrome Guangzhou ZhuJiang Cable Co. Ltd. Zhaolong Interconnect Condumex S.A. de C.V. Champlain Cable Corporation Sikora Coroplast Fritz Muller GmbH & Co. KG Waytek wire Caledonian Cable General Cable Technologies Corporation KBE Elektrotechnik GmbH LEONI AG ITC Thermo Cable GmbH Automotive Interconnect Solutions Flexon Cables Siechem RR Kabel For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Automotive Digital Mapping Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
LeddarTech Received Notice from Nasdaq Regarding Delisting and Announces Filing under the Bankruptcy and Insolvency Act in Canada
QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. ('LeddarTech' or the 'Company') (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that on June 17, 2025, the Company received a determination letter (the 'Determination Letter') from Nasdaq notifying the Company that Nasdaq has determined that, in accordance with its authority under Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1, the Company's securities will be suspended from trading at the opening of business on June 24, 2025 and delisted from Nasdaq. Nasdaq based its determination upon concerns related to (i) the Company's announcement of its intention to file under the Bankruptcy and Insolvency Act (Canada) (the 'BIA') and the associated public interest concerns raised by such filing, (ii) the residual equity interest of the existing listed securities holders, and (iii) the Company's ability to sustain compliance with all requirements for continued listing on Nasdaq. The Determination Letter also advises the Company of its right to request an appeal of the determination. However, the Company currently does not intend to file an appeal of the determination. Accordingly, the Company expects that its securities will be suspended from trading at the opening of business on June 24, 2025 and delisted from Nasdaq after the completion of Nasdaq's filing of Form 25-NSE with the Securities and Exchange Commission. Filing under the BIA Further to its press release dated June 16, 2025, the Company announces having filed under the BIA on June 18, 2025. As a result of such filing, the board of directors of the Company has resigned effective as of such date. Additional information with respect to the BIA proceedings will be available in due course on Raymond Chabot Inc.'s website. About LeddarTech A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech's automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off- road vehicle ADAS solutions. LeddarTech is responsible for several remote-sensing innovations, with over 190 patent applications (112 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution. Additional information about LeddarTech is accessible at and on LinkedIn, Twitter (X), Facebook and YouTube. Forward-Looking Statements Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws). Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as 'may,' 'will,' 'should,' 'would,' 'expect,' 'anticipate,' 'plan,' 'likely,' 'believe,' 'estimate,' 'project,' 'intend' and other similar expressions among others. Forward-looking statements in this press release include, without limitation, statements regarding the BIA proceedings. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties, including the risk factors as detailed from time to time in LeddarTech's reports filed with the U.S. Securities and Exchange Commission (the 'SEC'), including the risk factors contained in LeddarTech's Form 20-F filed with the SEC. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners. LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol 'LDTC.' CONTACT: Contact: reclamation-claims@
Yahoo
2 days ago
- Business
- Yahoo
LeddarTech Announces Intention to File under the Bankruptcy and Insolvency Act in Canada
QUEBEC CITY, Canada, June 16, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. ('LeddarTech' or the 'Company') (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that, further to its press release dated June 11, 2025, it intends on making an assignment into bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada) (the 'BIA'). After careful consideration of all available alternatives, including undertaking a strategic review which was unsuccessful in identifying a suitable acquirer or commercial partner or raising sufficient capital, as well as further to the Company having received a notice of default under its bridge financing offer entered into with certain bridge lenders, the board of directors of the Company has determined that it was in the best interest of the Company and its stakeholders to make an assignment into bankruptcy under the BIA as soon as reasonably practicable. The Company expects that Raymond Chabot Inc., a licensed insolvency trustee, will be appointed as the trustee under the BIA proceedings. In connection with the BIA proceedings, each member of the board of directors of the Company will resign effective upon the assignment under the BIA. As was disclosed in its June 11, 2025 press release, the Company does not expect to resume active operations and cautions investors that there is significant risk that holders of our securities will receive little to no value under the BIA proceedings. Further announcements regarding the status of the Company's BIA proceedings will be made as developments warrant. Additional information with respect to the BIA proceedings will be available in due course on Raymond Chabot Inc.'s website. The Company expects that its common shares and warrants trading on the Nasdaq will be halted as a result of the BIA proceedings. The Company anticipates that it will ultimately be delisted from the Nasdaq. About LeddarTech A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech's automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off- road vehicle ADAS solutions. LeddarTech is responsible for several remote-sensing innovations, with over 190 patent applications (112 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution. Additional information about LeddarTech is accessible at and on LinkedIn, Twitter (X), Facebook and YouTube. Forward-Looking Statements Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws). Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as 'may,' 'will,' 'should,' 'would,' 'expect,' 'anticipate,' 'plan,' 'likely,' 'believe,' 'estimate,' 'project,' 'intend' and other similar expressions among others. Forward-looking statements in this press release include, without limitation, statements regarding the issuance of cease trade orders, the BIA proceedings, and the potential for shareholder value recovery. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties, including the risk factors as detailed from time to time in LeddarTech's reports filed with the U.S. Securities and Exchange Commission (the 'SEC'), including the risk factors contained in LeddarTech's Form 20-F filed with the SEC. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Contact:Chris Stewart, Chief Financial Officer, LeddarTech Holdings + 1-514-427-0858, Investor relations website: Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners. LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol 'LDTC.'Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
