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Continental acquires stake in Kopernikus Automotive, AI Specialist for automated parking 
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Continental acquires stake in Kopernikus Automotive, AI Specialist for automated parking 

By August 5, 2021 3:16 pm IST

Collaboration between Continental and Kopernikus will be demonstrated live in action for the first time at IAA Mobility Munich 2021.

Technology company Continental is investing in Leipzig-based start-up Kopernikus Automotive with a minority stake. The two companies have agreed not to disclose the size of the investment. As a specialist in autonomous driving technologies, Kopernikus develops solutions for infrastructure-based manoeuvring of vehicles. The technology is based on sensors permanently installed in the infrastructure and artificial intelligence-based algorithms that centrally move the vehicles. The first two use cases of this technology are automated parking in parking garages, also known as Automated Valet Parking (AVP), and autonomous manoeuvring of, for example, newly produced vehicles at vehicle manufacturers or in logistics areas.

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