Agassi is government chairperson of LiDAR developer Makalu Optics of Rehovot.
Shai Agassi, founding father of the Higher Place electrical automotive enterprise which folded, is returning to the good transport startup scene. Agassi is government chairperson of Rehovot-based Makalu Optics, which continues to be in stealth mode and has not been formally unveiled.
In line with the corporate’s web site, it’s creating an progressive fourth era LiDAR for a variety of autonomous automobiles, from drones to automobiles. It’s stated to be efficient at a variety of a whole lot of meters and has no shifting elements, which ought to assist hold its worth low. The corporate has registered a patent on its know-how.
The corporate’s founder and CEO is Sagi Zedka, a serial entrepreneur. Giora Kornblau, CEO of Terra Ventures incubator TerraLab, sits on the corporate’s board.
LiDAR is a key part of car imaginative and prescient methods. A number of corporations within the subject have market caps within the billions of {dollars}. Intel and its Israeli subsidiary Mobileye are collectively creating LiDAR with their very own know-how.
Agassi has not formally been lively in autotech for the reason that collapse of the Higher Place enterprise in 2013, however he’s nonetheless one of many managers most intently recognized with the Israeli autotech world.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on Could 12, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
Shai Agassi credit score: Tamar Matsafi
