Argo AI And Ford Double Down On Lidar, Acquire Princeton Lightwave

Ford, like many of the companies in this space has been either acquiring or investing in the key pieces needed to make automation a reality. The latest move is today’s announcement that Ford subsidiary Argo AI has purchased Cranbury, New Jersey-based Princeton Lightwave for its lidar technology.
The Princeton deal is the latest in a recent string of investments from traditional automotive companies in lidar technology.