Tuesday, March 05, 2024
Outlook.com
Outlook India
Outlook Business

Aqtronics Forms Strategic Alliance With Prophesee To Transform Vision Technology

Through this partnership, Aqtronics will facilitate the distribution of Prophesee’s cutting-edge sensors and evolution kits in the Indian market

Aqtronics Forms Strategic Alliance With Prophesee To Transform Vision Technology

Outlook Start-Up Desk

POSTED ON January 29, 2024 5:52 PM

Aqtronics, a semiconductor distribution platform has recently announced its strategic partnership with Prophesee, a pioneering company in the event-based vision systems space.  

The partnership will leverage Aqtronics' distribution network and expertise in the Indian market to introduce and launch Prophesee's high-tech event-based vision sensors in India.  

Through this partnership, Aqtronics will facilitate the distribution of Prophesee’s cutting-edge sensors and evolution kits in the Indian market, namely the EVK3 with the cutting-edge GenX 320 sensor and the EVK4 HD featuring the Sony IMX636 sensor, the statement added.  

The kit represents the pinnacle of vision technology that will eventually transform into an invaluable asset in the domain of IoT, Robotics, Quality Control and Monitoring, Security, and Autonomous systems. 

Rangaprasad Magadi of Aqtronics, commented, “This collaboration marks a significant step forward in bringing state-of-the-art event-based vision technology to the Indian market. It is a testament to our commitment to driving innovation and delivering cutting-edge technology solutions to our customers in the industry.” 

In the near future, Aqtronics will continue to strengthen this vigorous alliance with Prophesee by entering into partnerships with prominent OEM players in order to package Prophesee’s event-based sensors into camera products for targeting markets like industrial automation, robotics, and security and surveillance, the statement further added.  

  • Related Articles

    This is significantly lower than the edtech's last funding round where its valuation stood at $22 billion

    Byju's Attempts Raising $200 Million From Existing Investors At $225 Million Valuation

    According to ET reports, Blackstone and Prosus NV have written to BYJU’S parent entity Think and Learn, expressing their concerns about the matter.

    Aakash Institute Shareholders Raise Concerns Over Ranjan Pai's $300 Million Conversion Proposal

    The Gurugram-based company said that the investment will help BluSmart in expanding its EV (Electric Vehicle) charging infrastructure across the country. 

    Switzerland-Based ResponsAbility To Invest $25 Million In BluSmart