Baraja entered into an advanced development agreement with a major automotive original equipment manufacturer (OEM) to develop its next-generation Spectrum HD25 LiDAR product specifically for automotive integration. Baraja has entered the agreement alongside its partner, Tier 1 automotive supplier Veoneer, to accelerate the scale required for automotive integration. The advanced development agreement is a major step forward for automotive integration of the Spectrum HD25 product, bringing together world leaders in automotive safety and demonstrating Spectrum HD25 has Tier One, OEM and partner support.

Under the agreement, Baraja will enter the next stage of development for Spectrum HD25. Spectrum HD25 marks a generational leap for automotive LiDAR, built on Baraja's proprietary Spectrum-Scan™ solid-state scanning platform, which was designed from the ground up to completely rethink how cars see the world around them to enable true autonomy. The LiDAR system enables the range, resolution and performance required for true autonomy, without the traditional trade-offs faced by other legacy LiDAR technologies.

Spectrum HD25 delivers the world's first LiDAR system combining per-point Doppler capability at the hardware level, with Spectrum-Scan™ and Random Modulation Continuous Wave (RMCW) ranging method to deliver unparalleled performance and accuracy at range and speed. Since partnering, Baraja and Veoneer have worked together closely and developed a strong partnership to supply LiDAR technology to global car companies.