Okinawa Autotech

indie Semiconductor to Participate at Upcoming Investor Events

Retrieved on: 
Monday, November 13, 2023

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that senior management will be participating at the following investor conferences and events:

Key Points: 

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that senior management will be participating at the following investor conferences and events:
Location: Sheraton New York Times Square Hotel, New York, NY

indie Semiconductor Exceeds Q3 2023 Growth Expectations

Retrieved on: 
Thursday, November 9, 2023

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced Q3 results for the period ended September 30, 2023.

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced Q3 results for the period ended September 30, 2023.
  • On a GAAP basis, third quarter 2023 operating loss was $36.1 million compared to $25.9 million a year ago and $16.3 million in the second quarter of 2023.
  • In fact, our commercial success has made indie the fastest-growing semiconductor company in the world, among 224 peers, over the past two years based on a recent assessment by Morgan Stanley.
  • At the same time and perhaps more importantly, indie is the only semiconductor company from the 2021 IPO class that is expected to achieve non-GAAP EBITDA breakeven in the current quarter.

Arteris Announces Financial Results for the Third Quarter 2023 and Fourth Quarter and Full Year 2023 Guidance

Retrieved on: 
Tuesday, November 7, 2023

CAMPBELL, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced financial results for the third quarter ended September 30, 2023 as well as fourth quarter and full year 2023 guidance.

Key Points: 
  • CAMPBELL, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced financial results for the third quarter ended September 30, 2023 as well as fourth quarter and full year 2023 guidance.
  • "Customer demand remained healthy in the third quarter, with Annual Contract Value plus Trailing-Twelve-Month Royalties of $57.3 million, up 8% year-over-year,” said K. Charles Janac, President and CEO of Arteris.
  • “With the majority of the top 10 semiconductor companies now at least initially engaged with Arteris, the industry’s transition to commercial System IP products is gaining momentum.
  • Fourth Quarter and Full Year 2023 Guidance:

VicOne Wins 2023 AutoTech Breakthrough Award for EV ‘Overall Charging Station Innovation of the Year’ and CyberSecurity Breakthrough Award for ‘Intrusion Detection Solution of the Year’

Retrieved on: 
Tuesday, October 31, 2023

VicOne , an automotive cybersecurity solutions leader, today announced it has won the 2023 AutoTech Breakthrough Award for Electric Vehicles (EV) Overall Charging Station Innovation of the Year, and the 2023 CyberSecurity Breakthrough Award for Intrusion Detection Solution (IDS) of the Year in Unified Management.

Key Points: 
  • VicOne , an automotive cybersecurity solutions leader, today announced it has won the 2023 AutoTech Breakthrough Award for Electric Vehicles (EV) Overall Charging Station Innovation of the Year, and the 2023 CyberSecurity Breakthrough Award for Intrusion Detection Solution (IDS) of the Year in Unified Management.
  • View the full release here: https://www.businesswire.com/news/home/20231031487510/en/
    VicOne wins 2023 AutoTech Breakthrough Award for Overall EV Charging Station Innovation of the Year.
  • (Graphic: Business Wire)
    VicOne received the 2023 AutoTech Breakthrough Award for its electric vehicle supply equipment ( EVSE ) protection solution, including the xZETA vulnerability management system and intrusion detection and prevention system (IDPS).
  • For the CyberSecurity Breakthrough Award , VicOne was recognized for its xCarbon frictionless IDS/IPS, which provides secure automotive in-vehicle security and system reliability.

indie Semiconductor Completes Exchange Offer and Consent Solicitation and Notice to Exercise Right to Exchange Remaining Outstanding Warrants

Retrieved on: 
Wednesday, October 25, 2023

The Company issued 7,027,517 shares of Class A common stock in exchange for the Warrants tendered in the Offer.

Key Points: 
  • The Company issued 7,027,517 shares of Class A common stock in exchange for the Warrants tendered in the Offer.
  • 2, to exchange all remaining untendered Warrants at an exchange ratio of 0.2565 shares of Class A common stock for each Warrant.
  • As a result of the completion of the Exchange Offer and the upcoming exchange for the remaining untendered Warrants, no Warrants will remain outstanding.
  • King & Co., Inc. as the information agent for the Offer and Consent Solicitation, and Continental Stock Transfer & Trust Company served as the exchange agent for the Offer and Consent Solicitation.

indie Semiconductor Launches Breakthrough Computer Vision Processor

Retrieved on: 
Tuesday, October 24, 2023

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has expanded its automotive camera video processor portfolio with the commercial release of iND87540, a highly integrated system-on-chip (SoC) that enables viewing and sensing capability at the vehicle’s edge.

Key Points: 
  • indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, has expanded its automotive camera video processor portfolio with the commercial release of iND87540, a highly integrated system-on-chip (SoC) that enables viewing and sensing capability at the vehicle’s edge.
  • This demands a ‘distributed intelligence’ architectural approach to vision sensing, and high levels of integration coupled with low power consumption to meet the needs of mass market deployments.
  • indie complements this class-leading SoC hardware with value-add proprietary high-performance embedded algorithms such as auto calibration (AutoCAL®) and dirty lens detection.
  • The SoC is available now for vehicle integration and is currently in advanced development with select Tier 1 customers.

indie Semiconductor Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to its Warrants

Retrieved on: 
Monday, October 23, 2023

The Exchange Offer and Consent Solicitation expired at 11:59 p.m, Eastern Time, on October 20, 2023.

Key Points: 
  • The Exchange Offer and Consent Solicitation expired at 11:59 p.m, Eastern Time, on October 20, 2023.
    indie has been advised that 24,596,363 Warrants, or approximately 89.8% of the outstanding Warrants, were validly tendered and not validly withdrawn prior to the expiration of the Exchange Offer and Consent Solicitation.
  • indie expects to accept all validly tendered warrants for exchange and settlement on or before October 25, 2023.
  • 2, to exchange all remaining untendered Warrants for shares of Class A common stock, following which, no Warrants will remain outstanding.
  • King & Co., Inc. as the information agent for the Offer and Consent Solicitation, and Continental Stock Transfer & Trust Company served as the exchange agent for the Offer and Consent Solicitation.

indie Semiconductor Announces New Employee Inducement Grants

Retrieved on: 
Friday, October 20, 2023

indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie in connection with indie’s recent acquisition of EXALOS AG.

Key Points: 
  • indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie in connection with indie’s recent acquisition of EXALOS AG.
  • The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor.
  • Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

UL Solutions Wins Autonomous Vehicle Training Platform of the Year AutoTech Breakthrough Award

Retrieved on: 
Wednesday, October 18, 2023

NORTHBROOK, Ill., Oct. 18, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced it is the winner of the Autonomous Vehicle Training Platform of the Year award for its contributions to helping advance autonomous vehicle safety in the fourth annual AutoTech Breakthrough Awards. This awards program is conducted by AutoTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in today's global automotive and transportation technology markets.

Key Points: 
  • UL Solutions is honored for its autonomous vehicle safety training and advisory offerings in the fourth annual AutoTech Breakthrough Awards for helping advance autonomous vehicle safety.
  • NORTHBROOK, Ill., Oct. 18, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced it is the winner of the Autonomous Vehicle Training Platform of the Year award for its contributions to helping advance autonomous vehicle safety in the fourth annual AutoTech Breakthrough Awards.
  • UL Solutions' autonomous vehicle safety training and advisory covers functional safety, process quality, cybersecurity, machine learning and artificial intelligence.
  • "We are honored to receive the Autonomous Vehicle Training Platform of the Year award from AutoTech Breakthrough.

Arteris Wins Autonomous Vehicle Technology of the Year Award

Retrieved on: 
Thursday, October 5, 2023

Arteris won the Autonomous Vehicle Technology of the Year award for its latest system IP innovation, announced earlier this year.

Key Points: 
  • Arteris won the Autonomous Vehicle Technology of the Year award for its latest system IP innovation, announced earlier this year.
  • “Arteris technology is accelerating the development of advanced automotive SoCs for design teams across the globe,” said Bryan Vaughn, managing director of AutoTech Breakthrough Awards.
  • “Automotive industry innovation continues unabated, pushing the envelope on underlying electronics needed for AI and machine learning autonomous driving SoCs,” said Michal Siwinski, chief marketing officer of Arteris.
  • “Delivering physically aware NoC IP helps our customers predictably design and deploy such chips on schedule, spec and budget.