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Honda-backed Helm.ai unveils vision system for self-driving cars
Honda-backed Helm.ai unveils vision system for self-driving cars

CTV News

timea day ago

  • Automotive
  • CTV News

Honda-backed Helm.ai unveils vision system for self-driving cars

The company logo is on display outside a Honda dealership Monday, July 22, 2024, in Highlands Ranch, Colo. (AP Photo/David Zalubowski) Honda Motor-backed on Thursday unveiled its camera-based system to interpret urban environments, dubbed Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles. is working with the Japanese automaker to integrate its technology in the upcoming 2026 Honda Zero series of electric vehicles, which will allow users to drive hands-free and take their eyes off the road. 'We're definitely in talks with many OEMs and we're on track for deploying our technology in production,' CEO and founder Vladislav Voroninski told Reuters. 'Our business model is essentially licensing this kind of software and also foundation model software to the automakers.' The California-based startup's vision-first approach aligns with Elon Musk's Tesla, which also relies on camera-based systems as alternate sensors such as lidar and radar can increase costs. However, Voroninski said while has foundation models that work with other sensors, its primary offering remains vision-focused. Industry experts say other sensors are critical to safety as they can act as backup for cameras, which are known to underperform in low-visibility conditions. Robotaxi companies such as Alphabet's Waymo and May Mobility use a combination of radar, lidar and cameras to perceive their surroundings. has raised US$102 million to date and counts Goodyear Ventures, Korean auto parts maker Sungwoo HiTech and Amplo among its investors. Vision combines images from multiple cameras to create a bird's-eye view map, which helps improve the vehicle's planning and control systems, the company said. The system is optimized for several hardware platforms made by the likes of Nvidia and Qualcomm. This enables automakers to incorporate Vision into their existing vehicle systems, which include their own technologies for predicting and planning vehicle movements. Reporting by Akash Sriram in Bengaluru; Editing by Shreya Biswas, Reuters

Keep Colorado Wild Pass helps fund search and rescue drone conference
Keep Colorado Wild Pass helps fund search and rescue drone conference

Yahoo

time09-06-2025

  • General
  • Yahoo

Keep Colorado Wild Pass helps fund search and rescue drone conference

DENVER (KDVR) — Douglas County Search and Rescue partnered with Colorado Parks and Wildlife for the first-ever Rocky Mountain SAR UAS Conference, held May 31 at the Highlands Ranch Law Enforcement Training Facility. The event focused on search and rescue teams' usage of unmanned aerial systems, aka drones, during operations. The SAR team can use the tool to search large areas quickly, get an overhead look at a situation, scan the area using thermal cameras and communicate remotely with the people once located with a drone. Parker police use drone to find child who didn't return from playground It's something the Douglas County team is familiar with: In March, the Douglas County SAR was called to Roxborough State Park for two teenagers who got lost near Carpenter Peak. The team used drones to search for the teens and quickly located them after seeing a flashing light. Using the drone's technology, the team was able to have a family member communicate with the teenagers. 'From their standpoint, here they are lost in the wilderness, you know, you could hear dad coming over the speaker with some positive words of encouragement. I think it really uplifted their spirits,' drone lead Darren Keralla of DCSAR told FOX31's Kasia Kerridge. 'We can't receive audio, but we typically ask them if you're OK, give me a thumbs up, and they'll respond with a thumbs up. We can interpret a lot from their motions and what they're communicating back to us physically.' The conference drew together over 60 drone professionals from over 25 agencies in Colorado, where they shared best practices and lessons learned. 'This event was an outstanding success,' said Brent Lounsbury, Emergency Management Coordinator for CPW, in a release. 'Douglas County SAR identified the need for an event where SAR UAS professionals could collaborate and learn from each other; it clearly hit the mark. We're really looking forward to this event coming around again next year, and it being an even larger success.' Colorado's search and rescue teams are all staffed by volunteers, and CPW's Backcountry SAR program helps funnel funds from sales of the Keep Colorado Wild Pass, as well as hunting and fishing licenses, to search and rescue teams around the state. The pass costs $29 for Colorado residents and can be added to your vehicle registration. CPW says clean boats make for happy lakes CPW noted that modern drones have high-tech cameras and sensors that can provide inaccessible views for ground crews. The agency also uses drones for wildlife and land management. 'This conference allowed us to get everyone in a room, make contacts and share best practices. I particularly enjoyed the question and answer sessions after each presentation, where critical discussions and learning were exchanged peer-to-peer,' said Dave Miska, president of Douglas County SAR, in CPW's release. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Colorado city reveals new transportation option that's free
Colorado city reveals new transportation option that's free

CBS News

time27-05-2025

  • General
  • CBS News

Colorado city reveals new transportation option that's free

Now there's a new way to get around one Colorado city that is free. Link On Demand has hit the streets of Highlands Ranch as a new transportation option. Link On Demand CBS It's an extension of a program already in place in Lone Tree. The Link On Demand service will help everyone from youths to seniors by giving them the option to get around using the free rideshare service. Link On Demand works like other popular rideshare services like Uber and Lyft, except you can ride for free within the city limits of Lone Tree and Highlands Ranch. There are wheelchair accessible vehicles available on request. Link On Demand CBS The vehicles have room for five passengers, which makes it easier for families to get to where they need to go, for free. "What's impactful is hearing that for some riders, it's not just a casual ride to a store or to a CVS. It could be a life-threatening issue where they really do have a significant medical issue, and if they don't get a ride, they are not going to make it," said Douglas County Commissioner Abe Laydon. The Link On Demand rideshare service has expanded to include Lone Tree and Highlands Ranch. CBS Riders can schedule times for Link On Demand Monday through Thursday from 7 a.m. to 7 p.m. On Fridays from 7 a.m. to 10 p.m. and Saturdays from 10 a.m. to 10 p.m. Link On Demand does not operate on Sundays.

UDR boosts retention in Q1
UDR boosts retention in Q1

Yahoo

time16-05-2025

  • Business
  • Yahoo

UDR boosts retention in Q1

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. UDR's decision to focus on keeping heads in beds in the first quarter seemed to pay off. The Highlands Ranch, Colorado-based REIT posted a 97.2% occupancy rate, 0.2% higher than its 2024 Q1 average and 40 basis points above Q4 2024. 'This strategic decision to build occupancy during the seasonally slower leasing period helped to drive revenue and NOI outperformance to start the year, and positions us well as we enter our traditional leasing season,' Chief Operating Officer Mike Lacy said on UDR's Q1 earnings call earlier this month. UDR's occupancy beat JPMorganChase 96.7% estimate, but its blended lease spreads of 0.9% fell below the global financial services firm's 1.3% projection. 'The better top-line performance was mainly driven by better occupancy, perhaps at a small cost to spreads,' said Anthony Paolone, executive director at JPMorgan, in a research note shared with Multifamily Dive. 'That said, the company noted that its business continues to accelerate with better new lease spreads and renewal spreads in the mid-4s.' In 2024, U.S. multifamily completions hit a 50-year high, but starts are declining. 'A future supply pipeline that is below historical averages bodes well for rent growth in the years ahead,' UDR CEO Tom Toomey said on the call. As supply abates and seasonal trends kick in, UDR expects blended lease growth to continue improving. Lacy projects it to be toward the high end of the 1.4% to 1.8% range by the end of the first half of the year. 'We feel confident in the trajectory of rental rate growth as renewal rate growth has held steady in the mid-4% range and new lease rate growth has improved sequentially since the start of the year,' Lacy said. UDR's traffic is on pace with historical norms at this time of year, and its 30-day availability is approximately 4%, which should keep occupancy in the mid- to high-96% range for the rest of 2025, according to Lacy. In addition, April was the 24th consecutive month the REIT's year-over-year turnover improved. Category Q1 YOY Change Rental income $405 million 2.6% Net operating income $276.4 million 2.8% Operating expenses $128.6 million 2.3% FFO per diluted share $0.58 -3% Rent per unit $3,117 2.6% Occupancy rate 97.2% 0.2% SOURCE: UDR UDR's YOY same-store expense growth of 2.3% in Q1 beat its expectations. 'These positive results were driven by favorable real estate taxes, insurance savings and constrained repair and maintenance expenses due to our improved resident retention,' Lacy said. Despite those solid trends, UDR didn't change its full-year guidance. 'We feel good about 2025 thus far, but we have only completed the first four months of the year,' Toomey said. 'Accordingly, and [as] is customary for UDR at this time of year, we have reaffirmed our full-year 2025 guidance, and we'll reassess as we progress through peak leasing season.' The East Coast, which has 40% of the REIT's NOI, was UDR's strongest region in Q1. The region's occupancy sat at 97.5%, its blended lease rate growth was 2.5% and its same-store revenue growth was approximately 4.5%, which was slightly above the firm's full-year expectation for the region. Despite concerns about federal funding cuts, Washington, D.C., ranked as its best-performing market in the region with 97.7% occupancy and 3.5% YOY blended rent increases that trended to 4% in April. 'DC is one that's been strong to start the year — one that we're watching very closely,' Lacy said. 'We will pivot as necessary, as we kind of go through the year like we do with all of our properties in all of our markets.' On the West Coast, comprising roughly 35% of UDR's NOI, the REIT posted 97.2% occupancy, a blended lease rate growth of nearly 3% and same-store revenue growth of almost 3%. 'We continue to see positive momentum across Seattle and the San Francisco Bay Area due to return-to-office mandates, increased office leasing activity and quality-of-life improvements,' Lacy said. In the Sun Belt, occupancy was 97.1%, blended lease rate growth was negative 2.5% and YOY same-store revenue growth was barely positive. 'Among our Sun Belt markets, Tampa and Orlando are performing the best,' Lacy said. Click here to sign up to receive multifamily and apartment news like this article in your inbox every weekday.

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