- MORAI-dSPACE deal greenlights co-simulation development
- Integrating the strengths of both companies to generate synergy across autonomous driving testing and validation efforts
SEOUL, South Korea, Dec. 9, 2021 /PRNewswire/ — MORAI, the leading developer of full-stack autonomous driving simulation technology in Korea, has signed an MOU with autonomous driving solutions leader, dSPACE Korea to work together in developing co-simulation solutions.
Autonomous driving simulation solution
An autonomous driving simulator requires a core engine, which MORAI designs, develops, and distributes to some 100 clients, chief among them Hyundai Mobis, Naver Labs, and Samsung Engineering. With financial backing by some of Korea’s largest companies, such as Naver, Hyundai Motor Company, Kakao Ventures, and Atinum Investment, MORAI successfully completed a series A funding round earlier this year.
One of MORAI’s key technologies is the automated generation of digital twins using HD map data, which allows for the building of large simulation environments. In autonomous driving validation, safety and reliability must be proven through repetitive testing, which has is why MORAI’s technology is held in such high esteem in the field of autonomous vehicle validation.
In addition to developing simulation technologies, MORAI has continuously focused on building interfaces to connect with different simulation platforms. The new partnership will see MORAI collaborate with dSPACE in developing co-simulation solutions that will create a toolchain that draws from the strengths of both companies.
MORAI CEO Jiwon Jung stated, “Co-simulation can create powerful simulation platforms that integrate the strengths of different solutions. Advances in autonomous driving technology are accelerating, and we are working to match this pace of development so we can contribute to safely commercializing autonomous driving technology.”
About MORAI
MORAI (www.morai.ai was founded in 2018 as a startup by former KAIST autonomous driving researchers dedicated to creating autonomous driving simulation platforms, and has since started to provide simulation software for verifying the safety and reliability of self-driving systems. MORAI is the first Korean company to have independently developed a full-stack self-driving simulation solution which includes the core simulation engine. MORAI currently supplies industry, research organizations, and universities with autonomous driving simulation solutions, and is looking to form partnerships with companies from around the world. With a team of over 70 experts dedicated to their respective fields, Naver, Hyundai Motor Company, Kakao Ventures, Korea Credit Guarantee Fund, and other major Korean industry players recognized MORAI’s potential by participating in seed and series A funding rounds. More recently, Atinum Investment participated in a bridge funding round in early 2021.
About dSPACE
dSPACE is a leading provider of simulation and validation solutions worldwide for developing networked, autonomous, and electrically-powered vehicles. Automotive manufacturers and their suppliers in particular use the company’s range of end-to-end solutions to test the software and hardware components in their new vehicles long before a new model is allowed on the road. Not only is dSPACE a sought-after partner in vehicle development, engineers also rely on our know-how at dSPACE when it comes to aerospace and industrial automation. Our portfolio ranges from end-to-end solutions for simulation and validation to engineering and consulting services as well as training and support. With approximately 1,900 employees worldwide, dSPACE is headquartered in Paderborn, Germany, has three project centers in Germany, and serves customers through regional dSPACE companies in the USA, the UK, France, Japan, China, Croatia, and South Korea.
Reference
MORAI Press Contact: Ukbin Lim, ublim@morai.ai
MORAI Website www.morai.ai
MORAI YouTube www.youtube.com/moraisim
Donate To The Indian Sun
Dear Reader,The Indian Sun is an independent organisation committed to community journalism. We have, through the years, been able to reach a wide audience especially with the growth of social media, where we also have a strong presence. With platforms such as YouTube videos, we have been able to engage in different forms of storytelling. However, the past few years, like many media organisations around the world, it has not been an easy path. We have a greater challenge. We believe community journalism is very important for a multicultural country like Australia. We’re not able to do everything, but we aim for some of the most interesting stories and journalism of quality. We call upon readers like you to support us and make any contribution. Do make a DONATION NOW so we can continue with the volume and quality journalism that we are able to practice.
Thank you for your support.
Best wishes,
Team The Indian Sun
