GlobeNewsWire
22 Jun 2026, 06:00 UTC · 2h ago
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STMicroelectronics is launching the VL53L9, a high-resolution 3D LiDAR module designed for edge AI systems in robotics, industrial automation, and healthcare. — Expanding the product portfolio into high-growth sectors like robotics and edge AI creates new revenue streams and competitive advantages for STM.
+0.30The VL53L9 module will enter mass production in early July 2026 with global volume shipments available. — Immediate availability allows for rapid commercialization and near-term impact on the company's financial results.
+0.20The module integrates on-chip processing and a dedicated power management IC to allow AI use cases to run on low-compute microcontrollers (MCUs). — Reducing the compute requirements for end customers lowers the barrier to adoption, potentially increasing the total addressable market.
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The company launched a new high-resolution 3D LiDAR module, expanding its product portfolio and edge AI capabilities.
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