Sensrad Signs Framework Agreement with Tianyi Traffic Technology to Supply Arbe 4D Imaging Radar

Sensrad, Arbe's Tier 1 supplier, has signed a framework agreement with China Tianyi Transportation Technology to provide it with 4D imaging radar from the third quarter of 2024. The agreement is valued at approximately 7 million euros. Marcus Hasselblad, CEO of Sensrad, said that this is the beginning of their business cooperation and an important milestone in the company's development. Arbe CEO Kobi Marenko believes that the conclusion of this agreement shows the market's wide recognition of Arbe's 4D imaging radar technology and looks forward to establishing a lasting partnership with Sensrad.