Global AV Software Company ADASTEC Sets US Headquarters in Ann Arbor
ANN ARBOUR, Mich.–(BUSINESS WIRE)–ADASTEC has chosen to locate its US headquarters at the SPARK Central Innovation Center as the company seeks a permanent location in the region. ADASTEC chose Ann Arbor because of the incredible amount of mobility innovation happening here and the support for future growth available in its robust technology ecosystem.
“Having a permanent headquarters here in the Ann Arbor area is an advantage for ADASTEC because of its proximity to UM and MSU,” explained Ann Arbor SPARK Mobility Programs Manager Komal Doshi. “The company’s future growth depends on access to business development opportunities and finding talent, so there’s no better place than Ann Arbor for it to develop its roots. What is particularly exciting for our ecosystem here is that ADASTEC is joining a growing list of foreign companies that recognize the strengths of this region and want to be part of it.
ADASTEC CEO Dr. Ali Peker added, “We believe Michigan is one of the best places for mobility and the automotive industry. There are excellent opportunities in Michigan as economic development corporations, associations, and chambers. The Michiganders welcome us warmly at all times and have always supported us without any expectation. We are happy to be in Ann Arbor and to take our place at the heart of automotive industry innovation.
ADASTEC has developed flowride.ai, an SAE level 4 automated driving software platform for commercial vehicles. The company has deployed a test of its technology on the campus of Michigan State University (MSU) in East Lansing, made possible through a collaboration with the State of Michigan and bus manufacturer Karsan. MSU will officially roll out the bus after conducting extensive on-campus testing and validation of the bus, route and infrastructure by the National Highway Traffic Safety Administration.
Ann Arbor SPARK and its Detroit Regional Partnership partners have also connected ADASTEC to the University of Michigan’s Mcity Tech Lab program, where a four-member student team will work with them to create a sensor fusion architecture for enhanced perception. in adverse weather conditions. Their work will also integrate multiple new and existing sensors designed to improve the safety and overall capabilities of the autonomous bus in all environments.
ADASTEC also plans to take advantage of testing and validation opportunities through the American Center for Mobility in Ypsilanti, Michigan and capture system performance under different scenarios. Ann Arbor SPARK, Detroit Regional Partnership and ADASTEC are actively seeking additional partnerships to help expand the company’s operations in the region.
Ann Arbor SPARK will host ADASTEC at the virtual A2Mobility Tech Meetup on April 21, where they will share more about their technology and growth plans. The company currently has five employees locally and plans to double its team here next year.
About Ann Arbor SPARK
Ann Arbor SPARK, a non-profit organization, advances the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of businesses at every stage, from start-ups to large organizations. Ann Arbor SPARK works with commercial, academic, government and community investor partners. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.
ADASTEC provides an SAE Level 4 automated driving software platform for commercial vehicles to enable OEMs to develop modern, automated, shared and connected commercial vehicles. ADASTEC flowride.ai SAE Level-4 Automated Driving Software Platform integrated buses are on public roads in 5 countries in Europe and North America.
flowride.ai is designed with the fusion of different high precision sensors available in the global market and complies with safety standards and regulations.
ADASTEC has technology and operations offices in the United States, as well as a European R&D and operations office in Turkey. For more information visit www.adastec.com