Veoneer and Qualcomm to Fuel the Next Generation ADAS and Autonomous Driving Systems

An automotive technology company, Veoneer, Inc. and Qualcomm Technologies, Inc., have decided to collaborate.

FREMONT, CA: An automotive technology company, Veoneer, Inc. and Qualcomm Technologies, Inc., have decided to collaborate on the delivery of scalable Advanced Driver Assistance Systems (ADAS), Collaborative and Autonomous Driving (AD) solutions powered by Veoneer's next-generation perception and driving policy software stack and Qualcomm® Snapdragon Ride™ ADAS/AD scalable portfolio of System on a Chip (SoC), and Accelerators.

Designed to address the growing complexities associated with developing advanced driver-assistance systems (ADAS), including safety compliance, the integrated software and SoC platform aims to address the growing needs of the automotive ecosystem for scalable and upgradable solutions, which require highly advanced and power-efficient computing, connectivity and cloud service capabilities across all vehicle tiers.

This platform will integrate Veoneer's fifth-generation perception software and driving policy software with the current and future Snapdragon Ride portfolio.

Qualcomm Technologies intends to make this integrated SoC and software stack platform available to global automakers and Tier-1 suppliers.

Veoneer will serve as a Tier-1 system integrator for the new solution while continuing its current strategies, including developing, selling, and launching its full line of ADAS and Collaborative Driving products and systems.

The parties have signed a non-binding letter of intent and expect to finalize a definitive agreement during the second half of 2020.

Jan Carlson, Chairman, President and CEO, Veoneer, said that they are pleased to work with Qualcomm Technologies to develop next-generation solutions for ADAS and collaborative and autonomous driving. Working with a recognized leader like Qualcomm Technologies, using their ground-breaking Snapdragon Ride products, provides us the remaining piece of the puzzle. This relationship not only strengthens their product portfolio but also broadens their go-to-market position and opportunities while giving customers more ways to access world-leading technology.

Cristiano Amon, President of Qualcomm Incorporated, said that there had been a growing desire within the automotive ecosystem to have a full SoC and Stack solution that can scale from the entry tier of active safety systems to higher-end automated driving solutions. Combining their best-in-class product roadmap of integrated automotive pl, which supports broader functionalities like 5G/4G, telematics and infotainment, with Veoneer's proven software stack for perception and driving, creates a unique offering to support this need. Qualcomm Technologies remains committed to offering high performance and advanced automotive solutions for all vehicle tiers and levels, and they look forward to working with an industry pioneer like Veoneer to accelerate innovation to deliver comprehensive systems.