Rideflux has surpassed 100 registered patents focused on core autonomous driving technologies, accelerating its efforts toward commercialization of Level 4 autonomous driving ahead of its initial public offering (IPO).
On August 12, Rideflux announced that it has developed key technologies for autonomous driving software, including perception and positioning, decision-making and control, high-definition mapping, and remote operation.
The company is expanding its patent portfolio primarily in the field of 'physical AI,' where artificial intelligence learns and makes decisions in complex road environments.
The 100th registered patent is an AI technology that automatically maps geometric elements of roads, such as lanes and curbs, based on real-time LiDAR data. This technology automates the labeling process, which was previously done manually, reducing the time and cost required for building high-definition maps.
As of last month, Rideflux had filed a total of 148 patents, with 100 registered. According to the company, its patent registration rate stands at 95.06%, surpassing the overall registration decision rate of 74.6% from the Intellectual Property Office. The proportion of patents rated A or higher based on the SMART5 quality assessment criteria is 49.25%.
Key technologies include perception technologies that enhance the speed and accuracy of LiDAR-based object detection AI models, driving decision-making technologies focused on safety, and road network map generation technologies that accelerate real-time route planning.
Rideflux is also moving quickly toward its IPO. In May, it secured eligibility for listing by receiving an A rating from all expert institutions in a technology evaluation. The company plans to submit its preliminary examination application to the Korea Exchange this month and will begin the listing process on the KOSDAQ.
Park Jung-hee, CEO of Rideflux, stated, "Based on the core competitiveness of Level 4 autonomous driving software, we will rapidly secure rights for physical AI technologies validated in real road environments, further solidifying the technological barriers that make it difficult for latecomers to imitate our innovations."
Meanwhile, Rideflux is conducting autonomous freight transport over a 112-kilometer route connecting the southeastern logistics complex in Songpa, Seoul, and the logistics center in Jincheon, North Chungcheong Province. In April, it obtained permission from the Ministry of Land, Infrastructure and Transport for paid freight transport using autonomous vehicles over long distances, including urban roads.
* This article has been translated by AI.
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