Kfar Netter-based Israeli connected vehicles company Autotalks, which develops technologies for automatic communication between vehicles and road and municipal infrastructure (vehicle-to-everything (V2X)), today announced the world's first global solution that simultaneously meets the two currently prevailing standards for this technology. Autotalks' array of its second generation of chips, which is already ready for deployment, is capable of supporting both the DSRC communications standard, which is used primarily in the US, Japan, and Europe, and direct C-V2X communications (PC5 protocol), which is used mainly in China.
V2X communications is headed towards mass adoption by the market, after the world's major auto manufacturers declared their intention of equipping their car models with this technology. In recent years, the V2X world has split between two different technologies with two fundamentally different architectures, which has made it difficult to create a single harmonious global solution. Autotalks is providing an answer to the need for a global solution by equipping the arrays of the second generation of its chips, which are ready for installation in mass-produced cars, with C-V2X capabilities, in addition to their built-in support for DSRC.
"Autotalks is proud to announce that the existing array of its second generation can now support PC5," Autotalks CEO Hagai Zyss said. He added, "This is revolutionary stop that proves Autotalks' leadership in the market. This measure highlights the fact that only a company with multidisciplinary experience in creating communications solutions for vehicle safety can develop a well-secured global V2X solution. We are committed to remaining a company that thinks ahead and to bring a V2X solution to the mass market that will save lives in all areas and for all protocols at an extremely worthwhile price."
Autotalks has 100 employees in Israel, the US, Japan, South Korea, Germany, and France and is currently recruiting additional staff. The company raised millions of dollars a month ago from South Korean auto giant Hyundai. Before Hyundai's investment, Autotalks completed four financing rounds. Aggregate investment in the company totals over $80 million.
Published by Globes [online], Israel business news - www.globes-online.com - on September 5, 2018
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