PreAct Technologies
PreAct Technologies is a company.
Financial History
Leadership Team
Key people at PreAct Technologies.
PreAct Technologies is a company.
Key people at PreAct Technologies.
PreAct Technologies is a Portland, Oregon-based company founded in 2018 that develops software-definable flash LiDAR sensors, delivering the world's fastest near-field sensing and object tracking for automotive, trucking, robotics, industrial, healthcare, agriculture, and smart cities applications.[1][2][3] Their complete systems integrate 3D flash LiDAR cameras, edge processing, communications, and a software development kit (SDK) for data visualization and AI algorithm development, solving challenges in collision detection, ADAS (Advanced Driver-Assistance Systems), pre-crash mitigation, and environmental perception in software-defined vehicles.[1][2][3] With $46M in total funding, including a $20M recent round, and around 25 employees generating $6.8M in revenue, PreAct shows strong growth momentum through OEM partnerships, Tier 1 supplier collaborations, and expansions into non-automotive markets.[2][3]
PreAct Technologies spun out as a standalone company in 2018 from DARPA-inspired technology originally developed for defense applications, adapting high-speed sensors for civilian markets starting with automotive collision detection and active protection systems.[3] The founding team includes experts like CEO Mike (a Marine Corps veteran with 20+ years in IoT, cloud, and embedded systems), Lance (algorithm developer), Samir (embedded Linux and DevOps leader), and others with deep experience in sensing, automotive, product design, and software engineering.[3] Early traction came at CES 2019 with demonstrations for ADAS and pre-crash apps, leading to work with multiple OEMs and Tier 1 suppliers; by CES 2023, they unveiled the world's first software-definable flash LiDAR, alongside acquisitions like Barcelona-based Gestoos for gesture recognition.[3] Pivotal awards include Tech Crunch Disrupt Mobility Finalist (2020), "Top Disruptor" at CES 2019, and 2022 Most Innovative Product at Sensors Converge.[3]
PreAct stands out in the crowded LiDAR market through these key advantages:
PreAct rides the explosive growth of software-defined vehicles (SDVs) and autonomous systems, where LiDAR demand surges for robust, updatable perception in ADAS, robotics, and industrial automation amid a market projected to expand with EV adoption and regulatory pushes for safety.[1][2] Timing is ideal as legacy mechanical LiDARs falter in speed, cost, and adaptability for near-field tasks, while flash LiDAR like PreAct's excels in all-weather, low-latency sensing—critical for Level 2+ autonomy and beyond.[1][3] Favorable forces include DARPA tech transfer enabling civilian scalability, OEM shifts to SDVs (e.g., extended software updates), and synergies with AI/edge computing; PreAct influences the ecosystem by pioneering definable sensors, fostering developer communities via SDKs, and expanding into gesture tech, accelerating adoption in underserved near-field niches.[3][6]
PreAct is poised for acceleration with its SDV-tailored LiDAR, leveraging $46M funding to scale production, deepen OEM integrations, and penetrate robotics/industrial markets amid rising autonomy demands.[2][3] Trends like AI-driven perception, multimodal sensing (e.g., LiDAR + vision via Creator), and regulatory safety mandates will propel growth, potentially evolving PreAct into a full-stack perception leader with global partnerships. As SDV lifecycles extend, their software edge could redefine LiDAR from hardware commodity to adaptive platform, amplifying impact from collision avoidance to smart ecosystems—building directly on their DARPA roots in safer, efficient tech.[1][3]
Key people at PreAct Technologies.