04 04 2024

Waveye founds a subsidiary in Baden-Württemberg

The Californian-Swabian start-up develops a key technology for autonomous systems.

Waveye founds a subsidiary in Baden-Württemberg

Dr Gor Hakobyan (right) with his two co-founders Levon Budagyan (centre) and Dr Narek Rostomyan (left)

Gor Hakobyan, one of the three founders and Chief Technology Officer (CTO) of the start-up Waveye, chose not to move to Palo Alto where Waveye’s headquarter is located. Instead, with the help of Baden-Württemberg International (BW_i), he founded a subsidiary in THE LÄND, where he had worked for nine years as a researcher for Bosch and did his Ph.D. in radar signal processing for autonomous driving.

Waveye develops high-resolution imaging radar for self-driving cars and mobile robots. Radars capture their environment through electromagnetic waves and are robust to adverse weather and lighting conditions. Today’s radars are mostly used for advanced driver assistance systems such as adaptive cruise control or emergency brake assist. The entrepreneurs follow the mission to develop high-resolution radars for fully autonomous systems: "We want to turn radar into a basic technology for autonomous driving and robotics at scale." In Baden-Württemberg, they develop the technology for Waveyes radar systems while the team in California is responsible for the soft and hardware.

BW_i helped Waveye with founding a subsidiary in Baden-Württemberg. Beyond that, BW_i connected the start-up with the local ecosystem and searched for funding opportunities. Hakobyan perceives working with BW_i as very helpful: "I find it great that BW_i exists; it fulfils an important role. It´s difficult to get into Baden-Württemberg’s whole ecosystem on your own."

In our video, Hakobyan explains the reasons for Waveye’s settlement in Baden-Württemberg. Take a look!

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