Seyond Holdings Ltd. has announced a new agreement valued at approximately $2.6 million with Aventi Sweden to deploy its SIMPL LiDAR detection technology across key traffic infrastructure locations in Sweden. Under the terms of the agreement, Seyond’s LiDAR solutions will be integrated into Aventi Sweden’s infrastructure portfolio to enhance detection capabilities within the European Intelligent Transportation Systems (ITS) market. The deployment aims to provide high-fidelity physical world object data for improved traffic management and road safety optimization.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seyond Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9618015-en) on December 30, 2025, and is solely responsible for the information contained therein.
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