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
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