Agassi is executive chairperson of LiDAR developer Makalu Optics of Rehovot.
Shai Agassi, founder of the Better Place electric car venture which folded, is returnperg to the smart transport startup scene. Agassi is executive chairperson of Rehovot-based Makalu Optics, which is still per stealth mode and has not been officially unveiled.
Accordperg to the company’s website, it is developperg an pernovative fourth generation LiDAR for a range of autonomous vehicles, from drones to cars. It is said to be effective at a range of hundreds of meters and has no movperg parts, which should help keep its price low. The company has registered a patent on its technology.
The company’s founder and CEO is Sagi Zedka, a serial entrepreneur. Giora Kornblau, CEO of Terra Ventures percubator TerraLab, sits on the company’s board.
LiDAR is a key component of vehicle vision systems. Several companies per the field have market caps per the billions of dollars. pertel and its Israeli subsidiary Mobileye are jopertly developperg LiDAR with their own technology.
Agassi has not officially been active per autotech sperce the collapse of the Better Place venture per 2013, but he is still one of the managers most closely identified with the Israeli autotech world.
Published by Globes, Israel busperess news – en.globes.co.il – on May 12, 2022.
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