Continental Acquires Stake in Software Specialist Apex.AI

Continental Acquires Stake in Software Specialist Apex.AI

Minority stake underscores existing technology cooperation.

Continental is participating in the German-U.S. software specialist Apex.AI as a strategic investor. In doing so, the technology company says it is underscoring the great importance of intelligent software applications for future generations of vehicles. 

Continental and Apex.AI have already been cooperating since 2020 on the industrialization of an innovative operating system for vehicles. With the minority stake now completed, the two companies are intensifying their collaboration in order to rapidly provide a near-series solution. The investment amount is not being disclosed.

Apex.AI has developed the meta-operating system Apex.OS from a widely used programming framework, the open source code ROS (Robot Operating System). Apex.OS is the first system of its kind for automotive applications that seamlessly supports all phases of software development and use without time-consuming customization, from the concept phase to pre-development to production use. The system has already been certified by the German testing organization TÜV Nord for its high, international safety standards in the automotive industry. This means that the software system is approved for series use on the road.

Apex.OS is a robust, versatile, basic software platform that can be used to implement further software solutions quickly, easily and in a developer-friendly manner, especially for new advanced driver assistance systems and autonomous driving functions.

“With Apex.AI, we have a strong cooperation partner at our side to meet the major challenges of autonomous driving with innovative software solutions,” said Frank Petznick, head of the Advanced Driver Assistance Systems business unit at Continental. “The complexity of vehicle software and electronics architectures is increasing rapidly, and the number of digital functionalities is rising. The automobile is indeed becoming more and more like a smartphone on wheels, where the development of hardware and software is increasingly independent of each other and significantly accelerated. With the help of the already certified meta operating system Apex.OS, we will significantly shorten the development cycles of new mobility functions, especially for automated and autonomous driving, in line with the highest safety standards. Our investment in Apex.AI is an important step into the future.”

You May Also Like

PHINIA Reports Q1 2024 Results

U.S. GAAP net sales were $863 million, an increase of 3.4% compared with Q1 2023, according to PHINIA.

PHINIA Inc. reported results for the first quarter ended March 31, 2024.

First Quarter Highlights:

U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023.

Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle sales in Europe.

Bendix Making Changes at Indiana Manufacturing Operation

Bendix said it is transforming its distribution center into a state-of-the-art facility and consolidating dampers manufacturing into a single, larger space.

Doleco Announces Facility Expansion in Charlotte

The 33,000-square-foot facility is strategically positioned near major transportation hubs, providing optimal access to raw materials and speeding shipment of finished goods to all U.S. markets.

Standard Motor Products Introduces 268 New Numbers

The release provides new coverage in 75 product categories and 80 part numbers for 2023 and 2024 model-year vehicles, SMP said.

MAHLE Releases 2023 Sustainability Report

MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.

MAHLE Releases 2023 Sustainability Report

Other Posts

Continental Marks 15 Years in Thailand, Five Years of Tire Production in Rayong

Continental’s Rayong plant has an annual production capacity of 4.8 million tires and employs around 900 people.

Continental Appoints New ‘Head of Region’ for the US, Canada

In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the US and Canada.

Continental Rob Schroeder
Transtar Industries Continues Rapid Product Line Expansion 

The company is now offering OE recycled engines, in addition to its expansive line of OE recycled transmissions and transfer cases.

ZF Cleans Up Metro Park for Earth Day

ZF said the effort was in line with its dedication to sustainability, zero-waste and circularity.

ZF Cleans up Metro Park