What Hesai Technology does

Hesai Technology is a Shanghai-headquartered designer and manufacturer of 3D lidar sensors serving global automotive OEMs, autonomous mobility providers, robotics companies, and emerging spatial-intelligence customers. Founded in 2014 by three Tsinghua/Stanford/UIUC-trained co-founders (Dr. Yifan 'David' Li, Dr. Kai Sun, and Shaoqing Xiang), the company began as a methane-detector business before pivoting to lidar in 2016 with the Pandar32. It is ranked the world's #1 automotive lidar company for five consecutive years by Yole Intelligence and reached cumulative lifetime deliveries of 2 million units by November 2025, becoming the first lidar company to clear 1 million unit annual production in September 2025.

Hesai's product portfolio is organized into automotive-grade long-range 120° lidar families (ETX, AT128, AT1440, ATX), 360° long-range flagship lidar (OT128), automotive-grade 360° short-range solid-state lidar (FTX, QT128), 360° high-performance mechanical lidar (Pandar128), mid-range mapping lidar (XT16/32/32M), and the mini JT series for robotics and motion capture. The portfolio rests on proprietary silicon: the Picasso 6D Full-Color SPAD-SoC chip, the Fermi C500 RISC-V lidar master controller, and the embedded Intelligent Point Cloud Engine (IPE) that suppresses environmental noise and cross-sensor interference. Manufacturing is vertically integrated across the Hertz Intelligent Manufacturing Center, Maxwell R&D and Manufacturing Center, Da Vinci Global Operations Center in Shanghai, and a planned Galileo factory in Thailand.

Commercially, Hesai operates as a hardware-tier-1 supplier generating revenue primarily through unit sales of lidar sensors to automotive OEMs, with FY2025 net revenues of RMB 3.03 billion (approximately US$433 million) and first full-year GAAP net income of RMB 436 million. It is dual-primary listed on Nasdaq (HSAI) and the Hong Kong Stock Exchange (2525), with a customer base that spans Chinese OEMs (Xiaomi, Li Auto, Leapmotor, Geely, BYD, Changan), Western OEMs (Mercedes-Benz for L3), platform partners (NVIDIA DRIVE Hyperion 10), and non-automotive accounts (Grab, Neolix, DoorDash, MOVIN, Dreame/MOVA, Meituan Keeta Drone). Its go-to-market is anchored on deep OEM design-in cycles, regulatory certifications (ISO 26262, ISO/SAE 21434, SOTIF, TISAX AL3, VDA 6.3), and global sales offices in Shanghai, Palo Alto, and Stuttgart/Böblingen, with deployment in 40+ countries.

Name

Hesai Technology

Legal name

Hesai Technology Co., Ltd.

Website

https://hesaitech.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hesai Technology is a Shanghai-based designer and manufacturer of 3D lidar sensors for global automotive OEMs, autonomous mobility, and robotics companies. Ranked the world's #1 automotive lidar supplier for five consecutive years, with products deployed across 40+ countries.

Ownership category

akta.pro rank

Product category

Automotive Lidar Sensors

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Optical Instruments & Lenses (3827)

akta.pro primary industry

LiDAR & 3D Sensing Modules (HDAHALAG)

akta.pro secondary industries

Active Safety Sensing Hardware Manufacturing (Radar/LiDAR/Cameras/Ultrasonic) (IMACAMAF), Machine Vision & Optical Sensing (Cameras, 3D vision, LiDAR, illumination) (IMAGAFAB), Video Telematics, ADAS & AI Dashcams (TLAEAFAG), 3D Vision, Depth Sensing & Point Cloud Analytics (HDAAAEAK)

Keywords

• Automotive lidar sensors
• 3D perception systems
• Autonomous driving lidar
• Solid-state lidar
• Robotic laser sensors

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Core offering

Hesai designs and manufactures high-performance 3D lidar sensors (mechanical, hybrid solid-state, and fully solid-state) for automotive ADAS, autonomous driving, robotics, and spatial intelligence applications. Its portfolio spans long-range automotive lidars (ETX, AT128, ATX), short-range solid-state blind-spot coverage (FTX), 360° mechanical and mid-range lidars (Pandar128, OT128, QT128, XT32), mini 3D lidars for robotics (JT16, JT128), and the Kosmo AI Spatial Camera built on its proprietary Picasso SPAD-SoC chip.

Product overview

Hesai Technology is a single-vendor hardware-and-platform supplier of 3D lidar sensors, organized as a product-family portfolio rather than a SaaS platform. The offering spans a mechanical-lidar legacy line (Pandar series, including Pandar128), a 360° mid-range mapping line (XT32/XT32M/XT16), a 360° short-range automotive line (QT128), a 360° long-range automotive line (OT128), an auto-grade 120° long-range automotive family (ETX, AT128, ATX), an auto-grade fully solid-state short-range family (FTX, FT120), a mini 360° short-range 3D family (JT16, JT128, JT64P) for robotics and motion capture, and the newly announced Kosmo AI Spatial Camera built on the Picasso 6D Full-Color SPAD-SoC. Together, these products cover long-range automotive sensing, blind-spot solid-state coverage, robotics, mapping, motion capture, and spatial-intelligence use cases, with shared underlying SPAD-SoC and Intelligent Point Cloud Engine (IPE) technologies.

Differentiator

Problem solved

Functional benefit

Brands

• Kosmo: Spatial intelligence AI hardware platform, a new AI hardware product introduced by Hesai to power physical AI applications.
• Picasso
• ETX
• AT Series (AT128, ATX, AT1440)
• FTX
• JT Series (JT16, JT128/64P)
• XT32M/32/16
• QT128
• OT128
• Pandar128

Products and services

• ETX ETX is Hesai's auto-grade 120° ultra-long-range automotive lidar designed for L3/L4 autonomous driving platforms; it was selected by NVIDIA as a sensor partner for the DRIVE AGX Hyperion 10 reference platform. Targeted at automotive OEMs and autonomous driving system integrators.
• AT128 AT128 is Hesai's auto-grade 120° high-resolution long-range automotive lidar and the company's flagship long-range sensor family in mass production. Used by automotive OEMs for ADAS and higher levels of autonomy.
• ATX ATX is Hesai's ultra-compact 120° high-resolution long-range automotive lidar, with a 256-line mass-production variant reporting cumulative orders above 4 million units. Aimed at automotive OEMs for ADAS applications.
• FTX FTX is Hesai's auto-grade fully solid-state ultra-wide-view short-range lidar for blind-spot and near-field coverage, deployed in ADAS, autonomous systems, and applications such as Meituan Keeta Drone delivery UAVs.
• JT16 JT16 is Hesai's mini 360° x 40° short-range 3D lidar targeted at robotics, last-mile delivery, and consumer applications requiring compact 3D sensing.
• JT128/64P JT128 is Hesai's mini 360° x 189° hyper-hemispherical 3D lidar used as the perception sensor for Thoro.ai's CoreFlex autonomy platform and integrated into MOVIN's TRACIN AI motion-capture device for animation, gaming, and VFX pipelines.
• XT32M/32/16 XT32 (with XT16 and XT32M variants) is Hesai's high-precision 360° mid-range lidar family with zero blind spot, used for mapping, surveying, robotics, and industrial 3D perception.
• OT128 OT128 is Hesai's auto-grade 360° high-performance long-range lidar, the next-generation flagship of the 360° automotive mechanical lidar line for automotive-grade applications.
• Pandar128 Pandar128 is Hesai's auto-grade 128-channel 360° high-performance long-range lidar with ISO 26262 ASIL B and ISO/SAE 21434 certifications, used in robotics, mapping, and automotive applications.
• QT128 QT128 is Hesai's auto-grade 128-channel 360° ultra-wide-view short-range lidar providing surround coverage for ADAS and autonomous systems.
• Kosmo AI Spatial Camera Kosmo is Hesai's AI Spatial Camera built on the Picasso 6D Full-Color SPAD-SoC chip; it transforms real spaces into interactive digital environments for home design and robotics training applications.

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• RoboSense: RoboSense is a China-based automotive and robotics lidar designer/manufacturer with overlapping mechanical, hybrid-solid-state, and fully solid-state product lines (e.g., M1, M2, E1, Ruby Plus) and a comparable Chinese OEM customer base. It is Hesai's most direct head-to-head competitor in long-range ADAS lidar.
• Seyond (formerly Innovusion): Seyond designs and manufactures automotive-grade long-range lidar (Falcon, Robin) for ADAS and robotaxi applications and was a direct competitor in the global automotive lidar market. Hesai's CFO Andrew Fan was previously CFO of Seyond, underscoring the close competitive and talent overlap between the two.
• Luminar Technologies: Luminar is a US-based automotive lidar company focused on long-range Iris sensors for ADAS and L3+ autonomy, with global OEM programs (Volvo, Mercedes-Benz partnerships). It competes with Hesai's AT and ETX product families in the premium long-range ADAS segment.
• Innoviz Technologies: Innoviz is an Israel-based automotive-grade solid-state lidar company (Innoviz One, Innoviz Two) with BMW and other Tier-1 OEM programs. It is a direct peer in the long-range automotive lidar category targeted by Hesai's ETX and ATX.
• Aeva: Aeva develops FMCW 4D lidar-on-chip sensors (Aeries, Atlas) for automotive and industrial applications. It is a direct peer in the long-range automotive lidar market, differentiating on chip-level silicon photonics against Hesai's ASIC and SPAD-SoC architectures.
• Ouster: Ouster (merged with Velodyne) designs digital and mechanical lidar sensors (OS, ES, Alpha Prime) for automotive, robotics, industrial, and smart infrastructure. It is a direct peer in the mid-range 360° and robotics lidar segments where Hesai's XT32, Pandar, and JT families compete.

Broad incumbents

• Valeo: Valeo is a global Tier-1 automotive supplier whose SCALA lidar is in series production with Stellantis, Mercedes-Benz, and other OEMs. As a broad incumbent, Valeo overlaps with Hesai in long-range automotive lidar but offers lidar as one product within a much larger ADAS and thermal systems portfolio.
• Mobileye: Mobileye is a dominant ADAS and autonomous-driving computing platform supplier (EyeQ chips, SuperVision, Chauffeur) that increasingly specifies sensor stacks for OEMs. It is a broad incumbent where lidar fits into its perception portfolio, and its OEM relationships compete with Hesai's for ADAS design wins.
• Bosch: Bosch is a global Tier-1 automotive supplier with an active lidar development program and was a Series C investor in Hesai. As a broad incumbent, Bosch both competes with Hesai in automotive lidar and represents the kind of Tier-1 partner OEMs may choose instead of a pure-play.

Emerging players

• MicroVision: MicroVision is a US-based lidar sensor and perception software developer (MOVIA, MAVIN) pursuing automotive ADAS and industrial markets. As an emerging player, it competes with Hesai in the long-range automotive lidar category but at significantly smaller scale and commercial traction.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds12 records

Investors20 records

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M&A

Investments2 records

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Frequently asked questions about Hesai Technology