bullish

Robosense Technology, Driving in the Fast Lane While No One Is Looking

491 Views05 Dec 2024 07:58
Robosense, the global leader in LiDAR solutions for autonomous driving systems delivered a solid 3Q set of numbers with Sales  +100%.  The company achieved numerous design wins with top automakers.
What is covered in the Full Insight:
  • Company Background
  • LiDAR Product Development
  • Global Market Trends
  • Financial Performance
  • Competitive Landscape
Boomeranged on Wed, 18 Dec 2024 09:36
On 12/11 the company announced that it plans to raise $277.5mm via a share placement of 10mm shares to at least 6 independent and corporate professional investors. The company will use the proceeds for R&D, overseas development and working capital. The placement represents 2.22% of enlarged capital. On 12/17 Robosense was rated a new BUY at SPDB International with a target price of $32.70.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 12-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top Quartile
David Mudd
Asian Hedge Fund Manager, Long Short Equity, Macro
EquitiesCross Asset StrategyThematic (Sector/Industry)
Price Chart(Sign Up to Access)
analytics-chart
x