Shai Agassi Is Back in Car Business - Jewish Business News

Hi, what are you looking for?

Jewish Business News

Business

Shai Agassi Is Back in Car Business

His New Startup Makalu Optics Offers LiDar Tech

Shai Agassi

Shai Agassi (Wikipedia)

Shai Agassi is back in the automobile business. He is probably best known for having been the man behind Israel’s very own electric car company Better Place. It was hoped that the company would give Israel its very own Tesla. But, unfortunately, it was not to be and Better Place declared bankruptcy in 2013.

Getting an early start, Shai Aggassi founded TopTier Software (originally called Quicksoft Development) in Israel in 1992 when he was just 24 years old. Agassi also founded Quicksoft Ltd., a multimedia software localization and distribution company and TopManage, a developer of small business software.

Now he is the executive chairperson of Makalu Optics, a startup that develops low cost, long range 4D LiDAR systems for autonomous vehicles (cars, drones, robots) and other applications.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Lidar is a component of Advanced Driver Assistance System (ADAS). Lidar measures distances by illuminating a target with laser light and measuring the reflection with a sensor. Differences in laser return times and wavelengths can then be used to make digital 3-D representations of the target.

Advanced driver-assistance systems are electronic systems that have been developed to help drivers to drive and park more safely. A computerized system works together with a driver. ADAS systems use automated technology, such as sensors and cameras, to detect nearby obstacles or driver errors.

And Israeli companies are making big deals for LiDar tech. Earlier this month Innoviz Technologies, an Israeli startup that offers high-performance, solid-state LiDAR sensors and perception software, entered into a $4 billion agreement with what the company described as one of the world’s largest motor vehicle suppliers to provide its vehicles with LiDAR tech.

The best known Israeli firm offering LiDAR tech has to be Mobileye. The publicly traded company is developing self-driving systems and offers warning systems that use video cameras which tell drivers when something is getting too close. Makalu says that its 4D LiDAR (x, y, z, velocity of target) is based on experience with Lidar designs and implementations in the past 30 years and that it will meet industry requirements. It includes flexible field of view, eye safe laser of 1550nm, scan with NO moving parts (patent pending, proprietary design), long range (detection of 6% reflecting target @ 300m), and a highly robust and reliable design with field proven technology.

As for Makalu Optics, the company declares that it believes that the right understanding and technological edge can lead companies towards a successful future.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.