Next-Generation ‘SVNet MultiVision Gen 2’ Set for 2027 Release

SEOUL, South Korea, April 7, 2025 /PRNewswire/ — STRADVISION, a global leader in AI-powered vision perception technology, today unveiled a three-year product roadmap aimed at addressing the evolving autonomous driving landscape and meeting customer demands. At the heart of this roadmap is SVNet MultiVision Gen 2, a next-generation vision perception solution slated for completion by 2027, with a prototype debut planned for CES 2026.

Advancing Towards L3/L4 Autonomous Driving with a Two-Track Strategy

STRADVISION is expanding beyond L2/L2+ Advanced Driver Assistance Systems (ADAS) to develop L3/L4 autonomous driving solutions tailored to industries including robotaxis, logistics, public transportation, and agriculture, through its Two-Track strategy.

Unlike L2 systems, where the driver remains responsible for vehicle control, L3 and above require the system to assume full driving responsibility. To achieve this, STRADVISION is focusing on end-to-end (E2E) model development, integrating planning, path prediction, and driving control alongside perception—a key driver of this new roadmap which is expanding from individual modular-based models to end-to-end (E2E) model development.

SVNet MultiVision Gen 2: Enhanced Camera Coverage, HD-Mapless Functionality, and Cutting-Edge AI

SVNet MultiVision Gen 2 substantially enhances its vision perception capabilities by supporting 11 camera channels—six more than its predecessor, which combined FrontVision and SurroundVision. This surpasses the number of cameras found in many currently available L3 autonomous vehicles, enabling more precise environmental recognition. Additionally, it supports HD-Mapless autonomous driving (ADS) L3/4 functionality, addressing limitations associated with Geo-fencing-based navigation.

Designed as a scalable and flexible solution, MultiVision Gen 2 will offer seamless integration across various camera systems and autonomous driving levels, ensuring compatibility with a wide range of customer product lines.

STRADVISION will also integrate cutting-edge AI technologies, including Vision Transformer and Vision Language Models (VLMs), to optimize performance in diverse driving environments. By building on its existing vision perception expertise, the company aims to develop a full-stack E2E solution for L3/L4, applying a modular approach to enhance adaptability and efficiency.

STRADVISION CEO Junhwan Kim emphasized the company’s commitment to advancing autonomous driving technology, stating: “By 2027, we will collaborate closely with leading SoC (System-on-Chip) partners to develop MultiVision Gen 2 into an embedded solution optimized for mass production across various SoC platforms. Through this innovation, we aim to enhance road safety and move closer to STRADVISION’s founding mission: protecting the lives of drivers and pedestrians.”

Shaping the Future of Autonomous Driving

With this three-year roadmap, STRADVISION continues to push the boundaries of autonomous driving technology, solidifying its competitive edge and accelerating the commercialization of L3/L4 autonomous vehicles.

For more information about the groundbreaking technology, SVNet, please visit STRADVISION.

About STRADVISION 

Founded in 2014, STRADVISION is an automotive industry pioneer in artificial intelligence-based vision perception technology for ADAS. The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. STRADVISION’s SVNet is being deployed on various vehicle models in partnership with OEMs; can power ADAS and autonomous vehicles worldwide; and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, and Dusseldorf. STRADVISION has been honored with Frost & Sullivan’s 2022 Global Technology Innovation Leadership Award, the Gold Award at the 2022 and 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (software category). In addition, STRADVISION and its software have achieved TISAX’s AL3 standard for information security management, as well as being certified to the ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety. 

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SOURCE StradVision

TOKYO, April 8, 2025 /PRNewswire/ — Asuene Inc. has established Asuene Europe Limited, in London, marking its full-scale entry into the European market. This becomes Asuene’s fifth global hub, following ASUENE APAC in Singapore, ASUENE USA, ASUENE THAILAND, and the Global Development Center in the Philippines-further strengthening its ability to support customers worldwide.

Europe is the world’s largest sustainability market and a leader in environmental regulations. With the launch of Asuene Europe, Asuene aims to enhance its regulatory readiness, support European businesses in their decarbonization efforts, and expand its service offerings. Additionally, by leveraging its presence in the region, Asuene will pursue M&A opportunities and drive new business growth.

Background of Launching Asuene Europe

Asuene is a climate tech company driving global efforts toward net-zero emissions. We have provided one-stop sustainability solutions, including “ASUENE”, a cloud-based platform for CO2 emissions measurement, reduction, and reporting, and “ASUENE ESG”, an ESG evaluation service. These solutions together have been adopted by over 25,000 companies, making Asuene the market leader in Japan and Asia-Pacific region. Now, to accelerate our global expansion, we have established Asuene Europe.

Europe is the world’s largest sustainability market, characterized by a vast number of companies and a significant market size dedicated to environmental compliance. In the UK, SECR (Streamlined Energy and Carbon Reporting) is already in place, and the upcoming UK-SRS (Sustainability Reporting Standards), aligned with ISSB guidelines, is expected to become mandatory. Across Europe, CSRD (Corporate Sustainability Reporting Directive) and CSDDD (Corporate Sustainability Due Diligence Directive) impose stringent regulatory requirements, driving a growing demand for decarbonization strategies.

In this evolving landscape, Asuene sees significant opportunities for expansion and impact in the European market. The new European headquarters marks a critical step in our global strategy, reinforcing our commitment to becoming a leading company in the decarbonization and ESG space.

Asuene Europe Limited
Services: Carbon accounting platform, Consulting services for decarbonization initiatives and disclosures
Website : https://asuene.com/uk/

Comment from Kohei Nishiwada, Founder & CEO of Asuene Inc.
“Europe is the world’s largest sustainability market and the birthplace of decarbonization regulations. With the establishment of Asuene Europe, we are further strengthening our ability to lead global regulatory compliance in this space. We will also accelerate the globalization of our company to provide comprehensive support and consulting services for our customers’ overseas operations across Asia, North America, and Europe.”

Asuene Inc.
Website:  https://corp.asuene.com/en 

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SALT LAKE CITY, April 7, 2025 /PRNewswire/ — FatPipe, Inc. (“FatPipe” or the “Company”), a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies, is pleased to announce the pricing of its underwritten initial public offering of 695,656 shares of common stock at a public offering price of $5.75 per share. The shares of common stock have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on April 8, 2025, under the ticker symbol “FATN.”

The Company expects to receive aggregate gross proceeds of $4 million from the offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day over-allotment option to purchase up to an additional 104,348 shares of common stock at the public offering price, less underwriting discounts. The closing for the initial public offering is expected to occur on or about April 9, 2025, subject to satisfaction of customary closing conditions.

D. Boral Capital LLC is acting as the Sole Book-Running Manager for the offering.

Sichenzia Ross Ference Carmel LLP, New York, NY, is acting as counsel to the Company, and Lucosky Brookman LLP, Woodbridge, NJ, is acting as counsel to the underwriter in connection with the offering.

A registration statement on Form S-1 (File No. 333-280925) relating to the offering was filed with the U.S. Securities and Exchange Commission (“SEC”), as amended and was declared effective by the SEC on February 12, 2025. A post-effective amendment to the registration statement on Form S-1 relating to the offering was filed with SEC and was declared effective by the SEC on March 17, 2025. The offering of the securities is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus may be obtained, when available, at the SEC’s website at www.sec.gov or from D. Boral Capital LLC, Attention: 590 Madison Avenue 39th Floor, New York, NY 10022, or by email at info@dboralcapital.com, or by telephone at +1(212)-970-5150.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About FatPipe, Inc.

FatPipe, Inc. a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies. FatPipe’s network optimization solutions, along with robust cybersecurity and SASE protection, provide organizations with superior network performance and corporate security.  FatPipe provides highly recognized intra-corporate wide area network solutions that transcend internet and other network failures to maintain business continuity and high transmission security.  FatPipe’s network monitoring, reporting, and alerting, reduce the time and effort required by network administrators leading to more efficient network operations.

FatPipe has customers in the United States and around the world, and more than 200 resellers worldwide including almost all national resellers in the US. 

For more information, please visit https://www.fatpipeinc.com.

Legal Disclaimer

Certain statements contained in this press release, including statements relating to the Company’s expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe’s registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences

Company Contact Info
IR.Press@fatpipeinc.com

Media Contacts

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SOURCE FatPipe Networks