FORD ACQUIRES DEFENSE CONTRACTOR TO BOOST SELF-DRIVING EFFORTS
Aug. 12, 2019
Source: Marketing Daily article by Chuck Martin
Ford Motor Company has acquired Quantum Signal, a defense contractor that has helped the military develop software that allowed it to remotely control robotic vehicles.
Quantum Signal has worked to develop algorithms to help guide autonomous vehicles.
"To further advance its goal of launching a self-driving vehicle business, Ford has acquired Quantum Signal and will make use of its extensive experience in real-time simulation and algorithm development to develop its Transportation as a Service (TaaS) platform, as well as vehicle controls that support the customer experience, functional safety and other vehicle systems," states Randy Visintainer, chief technical officer, Ford Autonomous Vehicles.
The group is expected to support Ford in numerous areas as it develops self-driving, including software development and hardware prototyping, according to Visintainer.
Terms of the acquisition of the Michigan-based company were not disclosed.