Metawave adds Infineon Technologies as new investor

Metawave Corporation has announced the addition of Infineon Technologies (FSE:IFX) in its recent financing round, the company said.

The two companies are working closely to deliver the next generation of Metawave´s long-range, high-resolution WARLORD radar for Advanced Driver Assistance Systems (ADAS). The terms of the investment were not disclosed.

Metawave is building wireless technology platforms using engineered metamaterials and Artificial Intelligence (AI) to develop the first long-range, high-resolution WARLORDTM radar platform with imaging and object classification capabilities for ADAS and autonomous driving.

Infineon Technologies AG is a world provider of semiconductor solutions that make life easier, safer and greener.

Metawave is a wireless technology company that seeks to revolutionize the future of wireless communications and radar sensing. Leveraging adaptive metamaterials and AI, Metawave´s primary focus is to build intelligent beam-steering radar for autonomous driving. Founded in 2017, Metawave is located in Palo Alto and Carlsbad, CA. Visit www.metawave.co.