Volvo invests in imaging start-up Spectralics

November 23, 2021 // By Christoph Hammerschmidt
Volvo invests in imaging start-up Spectralics
Through its venture capital organisation Volvo Cars Tech Fund, Swedish carmaker Volvo is investing in Israeli start-up Spectralics, an expert in optical and imaging technologies.

Spectralics has its origins in aerospace engineering and develops state-of-the-art imaging and optical components and systems, including materials, hardware and software, that enable a wide range of advanced optical functions.

One of the company's core solutions is the Multi-Layered Thin Combiner (MLTC), a novel thin optical "film" suitable for transparent surfaces of all shapes and sizes. Integrated into a car's windscreen or windows, the technology could be used to overlay images onto glass surfaces. In a windscreen, the technology could create a heads-up display with a large field of view, giving a sense of distance as virtual objects are superimposed on the real environent, providing a safe and immersive experience.

"Spectralics is an exciting company with a promising technology," commented Henrik Green, Chief Product Officer at Volvo Cars. "By supporting their development, we can further the potential of their products in future Volvo cars." The Swedish OEM plans to invest a sum of $2 million in the privately held startup to promote these technologies. Other potential uses for the technology include advanced filters for various applications, interior sensing, blind-proof front cameras and digital holographic projections.

Spectralics is an alumnus of the MobilityXLab programme in Gothenburg, Sweden, and is part of the DRIVE network in Tel-Aviv, Israel. Both are accelerators for promising start-ups with ideas that can break new ground in the mobility sector. Volvo Cars has been a leading partner in both initiatives since 2017.

https://www.spectralics.com/

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