Company’s first production-grade product accelerates time to market and addresses key industry pain points
Hod Hasharon Israel, October 7, 2024 /PRNewswire/ — Today, Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, announced the launch of its latest innovation, the USB3 industrial-grade extender. This marks an important milestone in the company’s expansion into the industrial sector. This cutting-edge product enables system designers and Unleash new possibilities for integrators.
Valens USB3 and Power Industrial Grade Extender (PRNewsfoto/Valens Semiconductor)
Based on the Valens VS6320 chip, this new product supports transmission of high-speed USB3.2 Gen1 traffic, control signals, and 25W of power in addition to USB2.0. By consolidating data, control, and power into a single cable, Valens extenders eliminate the need for multiple cables, simplify system architecture, and significantly reduce installation costs.
Valens’ solutions are designed for industrial environments, with robust fanless designs and flexible mounting options to ensure reliability and ease of integration. The extender’s diagnostic capabilities enable continuous monitoring of link quality, enabling 24×7 operation for critical applications.
“This product marks an important milestone in Valens’ expansion into the industrial market.” gabi shurikisenior vice president and head of audio-video business at Valens Semiconductor. “This extender not only provides an immediate solution for industrial system integrators, but also allows manufacturers to expand their large portfolio of USB3-based cameras for applications requiring long link distances without redesigning the cameras. We’ve heard excitement and expect this product to be quickly and widely adopted within the industry.”
The USB3 and Power Industrial Extender, along with other VS6320 and VA7000-based innovations, will be publicly available at the Valens booth (10F80) at VISION. stuttgartabove October 8-10, 2024.
About Valens Semiconductor
Valens Semiconductor (NYSE: VLN) is a leader in high-performance connectivity that enables customers to transform digital experiences for people around the world. Valens chipsets are integrated into countless devices from leading customers, powering cutting-edge audio-video equipment, next-generation video conferencing, and enabling the evolution of ADAS and autonomous driving. Pushing the boundaries of connectivity, Valens is setting standards everywhere it operates, and its technology forms the basis of leading industry standards such as HDBaseT® and MIPI A-PHY. For more information, please visit https://www.valens.com/.
Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of terms such as “estimates,” “estimates,” “estimates” and similar terms. “plan,” “project,” “anticipate,” “intend,” “plan,” “anticipate,” “anticipate,” “believe,” “seek,” “target,” or and other similar expressions that predict or indicate future events. Items that are not statements about trends or historical matters. These forward-looking statements include, but are not limited to, statements regarding expected future results, such as financial results, exchange rates, contract awards, and future economic and market conditions. These statements are based on various assumptions and current expectations of Valens Semiconductor (“Valens”) management, whether or not identified in this press release, and are not predictive of actual performance. . These forward-looking statements are provided for illustrative purposes only and are not intended to be a guarantee, guarantee, prediction, or to serve as a definitive statement of fact or probability, and are not intended to serve as a guarantee, guarantee, prediction, or conclusive statement of fact or probability. Don’t trust it. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of Valens Semiconductor. These forward-looking statements are subject to a number of risks and uncertainties, including business cycles in the semiconductor industry. the impact of the inflation and rising interest rate environment on our customers and industry; Customer inventory absorption capacity. the impact of the global coronavirus pandemic on our customers’ budgets and general financial conditions, and the length, severity and pace of post-pandemic recovery; competition in the semiconductor industry and our failure to timely introduce new technologies and products to successfully compete with our competitors; If Valens is unable to adjust supply chain volumes due to changes in market conditions or is unable to estimate customer demand. disruption of Valens’ relationships with key customers; It will be difficult for Valens to sell its products if customers do not incorporate its products into their own products. Valens relies on the winner selection process. Even if Valens is successful in the selection process for its products, Valens may not be able to generate timely or sufficient net sales or margins from those selections. continued yield issues or other delays in the manufacturing process of our products; our ability to effectively manage, invest in, grow and retain our sales force, research and development capabilities, marketing team and other key personnel; our ability to adjust product prices to our customers in a timely manner as prices increase through our supply chain; our ability to adjust inventory levels due to reduced demand due to customer-generated inventory buffers; our expectations regarding the outcome of future litigation in which we are named as a party; our ability to adequately protect and defend our intellectual property and other proprietary rights; The market price and trading volume of Valens common stock may fluctuate and may decline significantly. political, economic, governmental and tax implications related to our establishment and location; Israel; and the factors discussed in Valens’ Form 20-F filed with the SEC. February 28, 2024 Other documents of Valens filed or to be filed with the SEC under the heading “Risk Factors.” If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from those suggested by these forward-looking statements. There may be additional risks that Valens is not currently aware of or that Valens currently believes to be immaterial, which could cause actual results to differ from those contained in the forward-looking statements. There is also gender. Additionally, forward-looking statements reflect Valens’ expectations, plans and projections regarding future events and beliefs as of the date of this press release. Mr. Valens expects that subsequent events and developments may change his evaluation. However, while Valens may elect to update these forward-looking statements at some point in the future, Valens specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Valens’ evaluation as of any date subsequent to the date of this press release. Therefore, you should not place undue reliance on forward-looking statements.
press contact
Yoni Dayan
Head of Communications
Valens Semiconductor Co., Ltd.
(email protected)
Pat Brech
senior vice president
Financial Profiles Co., Ltd.
(email protected)
Investor contact information
Michal Ben Ali
Investor Relations Manager
Valens Semiconductor Co., Ltd.
(email protected)
Lisa Fortuna
senior vice president
Financial Profiles Co., Ltd.
(email protected)
Photo – https://mma.prnewswire.com/media/2524037/Valens_Industrial_Extender.jpg
Logo – https://mma.prnewswire.com/media/2309625/4952630/Valens_Semiconductor_Logo.jpg
Source Valens Semiconductor
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