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DGAP-News: First Sensor AG: 'Machines Are Becoming Autonomous Much Sooner Than Cars'

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor AG: 'Machines Are Becoming Autonomous Much Sooner Than Cars'

24.04.2017 / 09:00
The issuer is solely responsible for the content of this announcement.


"Machines Are Becoming Autonomous Much Sooner Than Cars"

Berlin-based company First Sensor is a market leader in avalanche photo diodes. Used in LiDAR scanners, they are enabling autonomous robots to take on more and more tasks in industrial production.

Deutsche Messe has announced over 500 specific examples of Industry 4.0 for the Hannover Messe trade fair, which starts today. At the world's most important industrial trade fair, manufacturers will be presenting solutions for predictive maintenance or cloud applications for greater efficiency and quality, among other things. For sensor experts, the focus is on a topic that, up to now, has been almost exclusively associated with the automotive industry. "Everybody always talks about autonomous vehicles but autonomous systems are also a big trend in the industry. Machines are becoming autonomous much sooner than cars. One reason for this is that there is still a lot of legal issues to be clarified in terms of road traffic, which are not relevant in the industry," says Dr. Dirk Rothweiler, CEO of Belin-based First Sensor AG. The company is a market leader in avalanche photo diodes, thanks to which the LiDAR light radar can also be used successfully in mobile robotic and logistics systems. Its customer base includes the American company Velodyne LiDAR Inc., to which it supplies sensors.

"In combination with radar and camera systems, LiDAR helps autonomous robots collaborate with people in the production environment or enables them to take on complex tasks, such as loading pallets, as transport and logistics systems. Our avalanche photo diodes are an essential element. They detect invisible flashes of light, using which the LiDAR scanner scans its surroundings and creates a 360˚ overview," explains Rothweiler. "We are currently experiencing a growing demand for our diodes and we are working on opening up other application areas in the industrial environment with our
technology." Experts expect autonomous robots to dominate the smart systems market by 2024. Their market share is set to grow from $1.3 billion in 2014 to $13.9 billion.

Last year, First Sensor generated almost half of its turnover in the industrial target market, where it made EUR72.5 million. Currently, EUR18.5 million - or 25.5% of the turnover for the industrial market - comes from the area of industrial length measurement with applications such as LiDAR technology. For many industrial applications, this is a technical standard, as Rothweiler explains: "Our customers in the field of industrial length measurement have relied on LiDAR for many years, for example in speed measurements or for monitoring machine safety areas. Applications in autonomous systems is a growing field. These are easier to implement in the industrial environment as the surroundings and influencing factors can be controlled."

About First Sensor AG
First Sensor AG is one of the world's leading suppliers in the field of sensor systems. Our company develops and manufactures standardized and customized sensor solutions for applications in the Industrial, Medical and Mobility growth markets. With over 850 employees, we are represented at six German locations and also have development, production and sales sites in the USA, Canada, Singapore, China, the Netherlands, Great Britain, France, Sweden and Denmark along with a worldwide partner network. First Sensor AG is a German public limited company and has been listed on the Frankfurt Stock Exchange (SIS) since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN: DE0007201907 Ι SIS]. For more details on First Sensor, please visit www.first-sensor.com.

Disclaimer
Statements in this Corporate News relating to future developments are based on a prudent estimate of future events. Actual events may deviate from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

Printable images
For printable images please visit http://www.first-sensor.com/de/unternehmen/presse/bildarchiv. First Sensor AG owns the rights to the images. Please make reference to this when using the material.

First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin
Deutschland
Contact:
Corinna Krause
E-Mail: ir@first-sensor.com
T +49 30 639923-571
 

 



24.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

566357  24.04.2017 

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Applications
In many market-specific applications, sensors are components that are critical to your success. First Sensor is the partner you need on projects that call for careful selection, customized adaptation and the highest standards of excellence. Our Business Units Industrial, Medical and Mobility are clearly aligned to the core markets of industrial applications, medical technology as well as automotive and transport.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Solution Services
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.