Finance Mind-sets


traffic-light.jpg This traffic camera sees all (and that's a good thing) A thermal camera developed for autonomous cars can improve traffic lights in cities. Lidar, visual, acoustic, thermal: The battle of the sensors continues to rage among autonomous vehicle developers, and sensor development is pushing the technology forward while lowering prices and footprint. While the AV space is being watched closely, all that activity in the sensor market is opening new opportunities in adjacent spaces. A good illustration comes in the form of two new traffic management system cameras built on sensing architecture developed for the autonomous vehicle space. FLIR Systems , which makes thermal sensors for a variety of applications, including automotive, recently announced a smart thermal imaging traffic camera, along with a visible spectrum camera, both with artificial intelligence to optimize traffic flow on roadways and at intersections.  FLIR has been aggressive diversifying beyond the consumer automotive space. Last year,  I wrote about  FLIR's acquisition of  Endeavor Robotic Holdings , a military defense company specializing in ground robots, for a whopping $385 million. That acquisition came shortly after FLIR acquired aerial drone company  Aeryon  for $200 million, and just before the company announced it had made a strategic investment in  DroneBase , a global drone operations company that provides businesses access to one of the largest Unmanned Aerial Surveillance (UAS) pilot networks. Those acquisitions, like the smart traffic cameras, highlight an opportunistic strategy of identifying useful business cases for FLIR sensor deployments and moving aggressively into those spaces. Traffic sensing and optimizing relies on the same situational sensing capabilities used in autonomous driving, and FLIR is betting it can appeal to municipalities by offering to optimize traffic patterns and increase safety.

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