INDI News & Events

Sees a decline in Q1 revenue from its Wuxi indie Micro subsidiary to $21M, and expects revenue from core business to grow 20% sequentially to $34M at the midpoint.

Reports Q4 revenue $58M, consensus $57.11M. "indie delivered solid fourth quarter results, exceeding the midpoint of our outlook," said Donald McClymont, indie's co-founder and chief executive officer. "Our Tier 1 partner's radar launch and our first chipset shipments marked a key milestone. Coupled with the addition of the adjacent high-growth humanoid robotics market, indie is well positioned to drive continued growth."

Indie Semiconductor announced that it has been selected by Mahindra & Mahindra Limited to enable one of the most advanced in-cabin driver and occupant monitoring systems in the Indian market for their Electric Origin SUVs XEV 9e and BE 6. The partnership will integrate Indie's cutting-edge CABIN EYE perception software developed by emotion3D with EyeDentity, Mahindra's proprietary camera-based DOMS hardware platform. "This successful partnership with Mahindra immediately demonstrates the momentum of indie's recent acquisition of emotion3D, building on a shared purpose of achieving new breakthroughs in-cabin safety," said Florian Seitner, VP at Indie Semiconductor. "Our mission has always been to deliver intelligent software solutions that improve road safety and elevate the driving experience."