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VLEEY Valeo SE (PK)

5.17
-0.41 (-7.35%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Valeo SE (PK) USOTC:VLEEY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.41 -7.35% 5.17 5.15 5.30 5.29 5.17 5.29 96,499 21:06:11

Valeo, Safran Partner up on Research in Driving Aid

04/09/2013 8:12am

Dow Jones News


Valeo (PK) (USOTC:VLEEY)
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French vehicle parts maker Valeo SA (FR.FR) and aerospace equipment supplier Safran SA (SAF.FR) Wednesday signed a partnership to conduct research in driving aid and autonomous vehicles to speed up the development of new products in assisted and self-driving solutions for automobiles, military vehicles and aircraft.

MAIN FACTS:

- In its initial phase, the program will focus on four main research areas.

- Research on driver attention monitoring and 360° visibility could lead to the development of technical solutions by 2014.

- Research on visibility in extreme weather and vehicle robotization/dronization are more long-term, with completion expected between 2014 and 2016.

-Write to Ruth Bender at ruth.bender@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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