– CANADA, Quebec – LeddarTech, a global leader in providing the most flexible, robust, and accurate ADAS and AD sensing technology, today announced the appointments of Derek Aberle and Nick Stone to its Board of Directors.
About Derek Aberle
Derek Aberle’s experience includes senior executive roles in large, global technology companies as well as the investment community. Mr. Aberle spent 17 years at Qualcomm Incorporated, a global leader in mobile and related technologies and products, in a variety of senior executive roles. From 2014 to 2018, he served as President of Qualcomm with responsibility for all business units, including its licensing and semiconductor businesses, as well as its marketing organization and regional offices worldwide. Before that, he served as EVP and Group President and as EVP and President of Qualcomm Technology Licensing. He was a member of Qualcomm’s executive committee for over a decade, helping to drive the company’s overall strategy. Mr. Aberle led many of Qualcomm’s global growth initiatives, including in markets beyond smartphones as well as its expansion in China. He also led Qualcomm’s technology and IP licensing business through a period of tremendous growth and profitability, established its 4G and 5G licensing programs, and structured and negotiated Qualcomm’s major license and other strategic agreements. Since leaving Qualcomm Mr. Aberle co-founded XCOM Labs, a company focused on developing and commercializing advanced wireless technologies, and presently serves as Executive Vice Chairman of XCOM Labs. He also is the CEO of Prospector Capital Corp., a special purpose acquisition company.
Mr. Aberle holds a B.A. in business economics from the University of California, Santa Barbara, and a J.D. from the University of San Diego School of Law. He is a board member for XCOM Labs, Prospector Capital Corp., Jaws Juggernaut Acquisition Corp., the Alliance for SoCal Innovation, and EvoNexus (a Southern California incubator).
About Nick Stone
Nick Stone possesses over 20 years of experience in the investment industry and has been a partner with FS Investors since 2010. He previously served as VP of TPG Capital, one of the world’s largest private equity funds, and an investment professional with Kohlberg Kravis Roberts Co. and Morgan Stanley. As a result, Mr. Stone brings a wealth of knowledge in finance, global markets, and high-level investing. He has been involved in investments totaling $20 billion and approximately $2.5 billion in equity capital during his successful career.
Mr. Stone graduated cum laude from Harvard, was an Arjay Miller Scholar at the Stanford Graduate School of Business, and resides in La Jolla, California.
About LeddarTech
Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion, and perception challenges across the entire value chain. LeddarTech provides cost-effective perception solutions scalable from Level 2+ ADAS to Level 5 full autonomy with LeddarVision, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1-2 automotive suppliers with key technology building blocks such as LeddarSteer digital beam steering and the LiDAR XLRator, a development solution for automotive-grade solid-state LiDARs based on the LeddarEngine and core components from global semiconductor partners. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 100 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.
For more information: https://leddartech.com/
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