LeddarTech(LDTC)

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LeddarTech Holdings Inc. (LDTC) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-05-14 13:25
LeddarTech Holdings Inc. (LDTC) came out with a quarterly loss of $0.27 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.45 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.24 per share when it actually produced a loss of $0.41, delivering a surprise of -70.83%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.LEDDARTECH HLDG, which belongs t ...
LeddarTech Announces the Launch of LeddarSim: Next Leap in Realistic Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) Simulation
GlobeNewswire· 2025-05-14 11:02
QUEBEC CITY, Canada, May 14, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), is pleased to announce the launch of LeddarSim™, a next-generation simulation platform purposely built to reduce the gap between virtual testing and real-world deployment. LeddarSim redefines the standards of ADAS and AD development by closing the long-standing simu ...
LeddarTech to Announce Second Quarter 2025 Financial Results and Host Investor and Business Update Call on May 14, 2025
GlobeNewswire· 2025-04-30 12:00
QUEBEC CITY, April 30, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, announced today that it plans to release its second quarter 2025 financial results before the market opens on Wednesday, May 14, 2025. It will host an Investor and Business Update conference call and webcast on the sa ...
LeddarTech Enters Into Further Amendments to Credit Facility and Bridge Financing Offer and Announces Receipt of Nasdaq Deficiency Notice
GlobeNewswire News Room· 2025-04-01 11:30
QUEBEC CITY, Canada, April 01, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. ("LeddarTech") (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI- powered low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has entered into: The Seventeenth Amending Agreement to the Desjardins Credit Facility and the Fifth Amending Agreement to the Bridge Financing Offer also provide that LeddarTech must initiate and produce a plan at the sati ...
LeddarTech to Demonstrate Advanced ADAS Sensor Fusion and Perception Solutions at Auto Shanghai 2025
GlobeNewswire News Room· 2025-03-31 23:30
QUEBEC CITY, Canada, April 01, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. ("LeddarTech") (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI- powered low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, announces its participation at Auto Shanghai 2025, taking place from April 23 to May 2, 2025. LeddarTech will be exhibiting at Booth # 1BG040 in Hall 1.2, where its team will engage with customers and industr ...
LeddarTech Reports Annual Shareholder Meeting Results
GlobeNewswire· 2025-03-27 00:18
Core Points - LeddarTech Holdings Inc. held its annual general and special meeting of shareholders on March 26, 2025, where various proposals were voted on and directors were elected to the board [1] Group 1: Election of Directors - A full slate of six directors was elected to serve until the next annual meeting or until a successor is appointed [2] - The voting results for each nominee showed high approval rates, with Frantz Saintellemy receiving 99.69% of votes for, and Derek Aberle receiving 99.88% [3] Group 2: Approval of Auditor - Richter LLP was approved as the auditors for the Corporation, with 99.81% of votes in favor [4][5] Group 3: Amendments to Equity-Based Incentive Plan - An amendment to increase the number of common shares available for issuance under the omnibus equity-based incentive plan was approved, receiving 98.62% of votes for [6][7] - A second amendment for the adoption of an evergreen provision, allowing for an automatic annual increase in common shares over the next five years, was also approved, with 70.51% of votes for [7][8]
LeddarTech Announces Receipt of Nasdaq Deficiency Notice
GlobeNewswire· 2025-03-21 20:30
QUEBEC CITY, Canada, March 21, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision™, today announced that it has received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC indicating that, based upon the closing bid price of the Company’s common shares for the 30 consecutive busines ...
LeddarTech Enters Into Amendments to Credit Facility and Bridge Financing Offer
GlobeNewswire· 2025-03-07 13:39
Company Overview - LeddarTech Holdings Inc. is an automotive software company specializing in AI-based low-level sensor fusion and perception software technology, known as LeddarVision™ [1][3] - The company was founded in 2007 and is headquartered in Quebec City, with additional R&D centers in Montreal and Tel Aviv, Israel [3] - LeddarTech develops solutions that enable the deployment of Advanced Driver Assistance Systems (ADAS), autonomous driving (AD), and parking applications [3] Financial Agreements - LeddarTech has entered into the Sixteenth Amending Agreement with Desjardins, which includes a monthly payment of C$125,000 until the Short-Term Outside Date, set for March 31, 2025 [1][7] - The agreement postpones the payment of monthly fees for August 2024 through January 2025 to the earlier of the Short-Term Outside Date or March 31, 2025 [1][7] - The minimum cash covenant under the Desjardins Credit Facility has been increased to C$7,000,000 [7] Innovations and Patents - LeddarTech holds over 170 patent applications, with 87 granted, focusing on enhancing ADAS, AD, and parking capabilities [4] - The company's technology aims to improve vehicle awareness, contributing to safer, more efficient, and sustainable global mobility [4] Market Position and Strategy - LeddarTech seeks to become the most widely adopted sensor fusion and perception software solution in the automotive industry [4] - The company applies advanced AI and computer vision algorithms to create accurate 3D models of the environment, facilitating better decision-making and safer navigation [3]
Elevating Road Safety and Autonomous Driving: LeddarTech to Demonstrate Innovative Solutions at Three Key European Events
Newsfilter· 2025-02-26 06:30
Core Insights - LeddarTech is expanding its presence in Europe by participating in three major industry events in March and April 2025, showcasing its AI-based sensor fusion and perception software technology, LeddarVision, aimed at enhancing automotive safety and efficiency [1][2][6] Event Highlights - At Embedded World, LeddarTech will demonstrate advancements in perception and sensor fusion, contributing to the SOAFEE ecosystem with adaptable solutions utilizing Arm technology on AWS G5g [3] - Tech.AD Europe will feature live demonstrations of LeddarNavigator, allowing participants to experience the real-time performance of LeddarVision "Full Surround" (LVS-2+), building on its recognition from CES 2025 [4] - Hannover Messe 2025 will see LeddarTech as part of the Canadian delegation, showcasing innovations through 360° virtual reality demonstrations and engaging with industry leaders [5] Company Developments - LeddarTech recently achieved a significant milestone by being selected by a global commercial vehicle OEM for its ADAS program in model year 2028 vehicles, reinforcing its commitment to technological excellence [2][6] - The company has over 170 patent applications, with 87 granted, focusing on enhancing ADAS, autonomous driving, and parking capabilities [11] - LeddarTech's technology aims to improve global mobility by making it safer, more efficient, sustainable, and affordable [11]
LeddarTech 宣布其 LeddarVision ADAS 解决方案首次凭借设计赢得原始设备制造商青睐
GlobeNewswire· 2025-02-16 23:30
Core Viewpoint - LeddarTech Holdings Inc. has been selected by a leading global commercial vehicle manufacturer to provide its LeddarVision software for advanced driver assistance systems (ADAS) in their 2028 model, marking a significant milestone for the company [1][2]. Group 1: Company Developments - LeddarTech's LeddarVision technology stands out due to its performance and efficiency in multi-modal sensor systems, including cameras and radar, and its adaptability to various vehicle types and sensor configurations [2]. - The company anticipates starting to generate engineering service revenue from this design in 2025 and expects to receive royalties per vehicle by the end of 2027 [2]. - The recent collaboration with a major commercial vehicle OEM follows a previous agreement with Texas Instruments, indicating a shift in the industry towards low-level fusion models pioneered by LeddarTech [2]. Group 2: Technology and Innovation - LeddarVision provides an environmental template that enhances driver safety and enables higher levels of autonomy, utilizing advanced AI and sensor fusion technologies [2]. - The company has filed over 170 patents related to remote sensing innovations, with 87 granted, aimed at improving ADAS, automated driving, and parking functionalities [3]. - LeddarTech's software applications leverage AI and computer vision algorithms to create accurate 3D environmental models, facilitating better decision-making and safer navigation [3]. Group 3: Market Position - LeddarTech aims to become the most widely adopted sensor fusion and perception software solution, driven by the need for safer, more efficient, and sustainable global transportation [3].