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Benzinga
Benzinga
Business
Lekha Gupta

LeddarTech Rockets As Texas Instruments Backs AI-Driven ADAS Tech With Royalty Deal

Texas Instruments TI

LeddarTech Holdings Inc. (NASDAQ:LDTC) shares are rocketing on Monday after the company announced a collaboration with Texas Instruments Incorporated (NASDAQ:TXN).

The partnership includes a software license agreement, where TI will make advanced royalty payments to support the joint commercialization of an integrated platform solution for advanced driver assistance systems (ADAS) and autonomous driving (AD) markets.

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