Most people are self-driving car skeptics. They just can’t imagine the cumbersome robot cars we see in the media today will ever become good or cheap enough for widespread use.
A big hurdle is LiDAR, the light-based radar technology autonomous cars use to see. Apart from looking like a KFC bucket, the rooftop sensor has been prohibitively expensive. Yet now a few years after introduction, prices are plummeting and new hardware is small enough to hide in body panels.
It is a remarkable development. It also brings self-driving cars closer than you think.
Exponential change is the common denominator of our age. The progression of information technology occurs so rapidly, things that seem impossible become reality. It’s the age of invention, on steroids.
Ilika plc (LON:IKA) is the holding company. The Company is engaged in the production, design and development of high throughput methods of material synthesis, characterization and screening. It has developed solid-state battery technology to meet the demands of the Internet of Things (IoT). The Company has materials development programs addressing a range of applications, including the solid-state battery, aerospace alloys and electronic materials.
