Award-winning technology company Fusion Processing which specialises in developing sensors and control systems for driverless cars and detectors for vehicle safety systems, has won three major new contracts in the past two months.
The company, whose CAVstar® product provides a complete sensor and control system that enables autonomous operation by vehicles is part of a UK consortium that has signed a £30 million deal to supply 200 driverless cars to South Korea.
Within weeks of this deal, Fusion Processing was also contracted to provide its CycleEye® product, which uses radar and a low light camera to detect vulnerable road users close to large vehicles and warns the driver with a spoken alert “cyclist left”, to Mercedes Benz refuse vehicles in Ireland. It has also just signed a deal to supply CycleEye® to a major European truck company and is already supplying First Bus in Bristol.
Fusion Processing has this month moved to larger premises at Future Space, Bristol’s new tech and science hub which is based on UWE Bristol’s Frenchay campus, in order to expand its 10-strong team in line with its growing order book.
Jim Hutchinson, CEO of Fusion Processing Ltd commented: “We’ve secured some fantastic new contracts this year and the company is growing in line with its target market segments.
“We needed a new base which would allow us to keep developing our products from the ground up for a wider pool of clients and Future Space provided the ideal solution.”
Founded in 2012 with the aim of using radar and machine vision expertise with processor technology to enhance automotive and transport systems, Fusion Processing has developed industry leading products for three separate growing markets – cycling and pedestrian safety, traffic analysis and sensors and control systems for autonomous vehicles.
As well as the CAVstar® and CycleEye products, the company also provides traffic analysis through its TrafficTrak® product which uses radar to analyse traffic flows and provides traffic control centres with modal data, such as number of cyclists, cars and large vehicles passing a given location, and can detect stopped vehicles. The product is used at several locations across the UK.
Fusion Processing moved to its new office at Future Space, which is co-located with Bristol Robotics Lab at UWE Bristol, in October 6, 2017.
Elaine McKechnie, centre director, said: “Fusion Processing is doing some amazing work which could soon revolutionise many aspects of our transport system so we’re really pleased they have chosen Future Space as a base from which to grow.
“At Future Space tech and science focused companies can benefit not only from the flexible workspace but also from a network of other fascinating and fast-growing high-tech companies and a raft of professional support services.”