Aceinna emerges as $50 million sensor technology spin out
Aceinna announced that it has emerged as one of the largest “spin out” companies in the microelectromechanical sensor (MEMS) and sensing technology sector. In addition, the company has launched its new website, www.aceinna.com.
The company said it is developing powerful new sensing solutions for high-volume artificial intelligence applications such as autonomous vehicles, high-performance computing systems, and smart buildings.
The company is a developer of inertial measurement unit (IMU) sensing technology used to provide navigation and guidance to autonomous vehicles—from self-driving cars and trucks to automated material handling solutions used in warehouses and factories.
“By leveraging our years of successful MEMS development and manufacturing experience, our innovative IMU technologies will enable us to provide the same technology for under $200 per unit, greatly accelerating the acceptance of autonomous vehicles worldwide,” explained Dr. Yang Zhao, CEO of Aceinna. “We predict that within five years, IMU-based navigation technology for autonomous vehicles will be a billion-dollar market.”