Press kit

Les Invalides,

CONTENTS

I. Valeo - Safran, an exceptional partnership

� Origins of the partnership

� Work in progress

II. Shared technological capabilities:

demonstrations � People as the core focus- Morpho Argus : real

video streams

- Intuitive Cockpit: intuitive driving, live

- Driver Monitoring: a camera to monitor driver alertness

- Valeo Mobi/us: a new connected experience for automated vehicles, in perfect

safety

� Connectivity : - InBlueTM: the first smartphone

- Secure transactions

� See and navigate- Observation and command vehicle

vehicles

- Inertial reference units

- Force Protection system, JIM binoculars and TIPS thermal imager

- 360Vue® 3D technology: full visibility, right around the vehicle

- SightstreamTM: when a camera replaces the

� Robotization - Drone Patroller

- Drive4U®: automated driving

- Digital 3D vehicle mapping by Mines ParisTech

III. Appendix � Valeo key figures

� Safran key figures

Press kit Valeo - Safran

Les Invalides, March 27th, 2015

an exceptional partnership Origins of the partnership

Work in progress

Shared technological capabilities: themes and

People as the core focus

real-time facial recognition and personal identification in

Intuitive Cockpit: intuitive driving, live

Driver Monitoring: a camera to monitor driver alertness

new connected experience for automated vehicles, in perfect

: the first smartphone- and smartwatch-compatible smart key

Secure transactions

See and navigate Observation and command vehicle : towards the automation of civil

Inertial reference units : precise, certifiable geolocation

Force Protection system, JIM binoculars and TIPS thermal imager

3D technology: full visibility, right around the vehicle

: when a camera replaces the rearview mirror

: automated driving

Digital 3D vehicle mapping by Mines ParisTech

key figures

key figures

1

themes and

time facial recognition and personal identification in

new connected experience for automated vehicles, in perfect

compatible smart key

: towards the automation of civil security

Force Protection system, JIM binoculars and TIPS thermal imager

3D technology: full visibility, right around the vehicle

rearview mirror

2

I. Valeo - Safran, an exceptional partnership

� Origins of the partnership

Valeo and Safran signed a research partnership agreement in driver assistance systems

and autonomous vehicles in September 2013.

Objectives:

- Pool their skills and knowledge to speed up the development of innovative

products and open new markets.

- Position French industry at the forefront in terms of self-piloting and self-driving

solutions for automobiles, military vehicles and aircraft.

French champions in their respective fields, and acknowledged worldwide for their

cutting-edge technology and capacity for innovation, Safran and Valeo both invest

heavily in R&D. Combining their complementary technological expertise will lead to

faster results and bring to the market new products that will outshine those of their

competitors.

Valeo and Safran work in overlapping areas of technology. Safran is a champion in

optronics, while Valeo is a leader in photonics. These two related disciplines are

becoming increasingly critical in autonomous vehicles such as drones, as well as in

automobiles through an ever-expanding range of driver assistance systems.

Jacques Aschenbroich, Chief Executive Officer of Valeo and

Jean-Paul Herteman Chief Executive Officer of Safran

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� Jointly developed technologies

The partners have defined four areas of cooperation:

- Driver alertness monitoring, leveraging the latest

image recognition technology.

Driver alertness monitoring is a key part of autonomous

driving. The adaptation of Safran’s dynamic face recognition

technologies to automotive specifications has empowered

Valeo to include these functions in bids submitted to

automakers.

- 360-degree visibility, using advanced imaging technology to produce wrap-

around views of vehicle surroundings.

Tests conducted very recently by Safran of Valeo’s 360° visibility equipment confirmed

the safety and mobility benefits it provides for military vehicles. These technologies are

suited to aircraft on the ground.

- Visibility in extreme weather to help drivers and pilots navigate in all types

of weather conditions, particularly fog.

Valeo, Safran and Ulis, a subsidiary of Sofradir, have been selected for the AWARE

project (All Weather All Roads Enhanced vision). Joint R&D work for this project by

Valeo and Safran will exploit technologies designed for both civilian and military

applications. The goal is to develop infrared sensors enabling all-weather vision to

ensure safe operation of automobiles, combat vehicles, robots and drones alike. The

sensors developed through this project will make driving safer at night and in poor

weather conditions, while enhancing the autonomy of tomorrow’s civilian and military

vehicles.

- Vehicle robotization/dronization for the joint development of technologies

designed to make land vehicles more autonomous.

The work underway is focused on designing command systems that make land vehicles

autonomous, whether they are civilian or military, and aircraft. The goal is to showcase

the partners’ ability to provide streamlined, competitive, high-performance solutions for

their customers within three years.

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II. Shared technological capabilities: themes and

demonstrations

� People as the core focus :

The partners have joined forces on Safran’s adaptation of camera-based face

recognition technology to Valeo-specified automotive applications. In addition

to access control, Valeo has developed drowsiness and driver distraction alert

functions using this technology. Its Driver Monitoring system is a particularly

good example.

- Morpho Argus®: real-time facial recognition and personal identification in video streams

Morpho Argus is facial recognition software, capable of detecting and identifying faces in

video streams coming from several cameras, all in just a few seconds.

Identification is accurate and virtually instantaneous, because of the latest-generation

algorithms developed by Safran. Morpho Argus is designed to simplify the work of video

surveillance system operators.

Safran offers high-performance

solutions tailored to customer

requirements for a wide range of

applications, from public safety to

retail stores. For example, Morpho

Argus enables the identification of

persons responsible for delinquent

acts in public, or checks that persons

found in a security zone are authorized.

It can also be used to identify VIP

clients in retail situations.

Morpho Argus has two operating modes. In "warning" mode, it triggers an alarm when a

person on a watch list is identified in a video stream. In "registration" mode, it creates a

new surveillance list based on all faces detected in a video stream.

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- Intuitive cockpit : intuitive driving, live

Intuitive Cockpit is a demonstration and study tool that simulates actual driving situations. It is

used by Valeo’s teams to develop solutions that are needed to optimize automated

driving.

Tomorrow’s cars will be

partially automated, meaning

that drivers will, under certain

conditions, be able to delegate

driving to the car, using the

resulting free time for other

pursuits.

Valeo designs Human Machine

Interface (HMI) solutions to

provide a safer and more

intuitive driving experience.

Versatile HMI solutions operate during manual and automated driving phases alike.

Manual driving is designed to be a safe and intuitive experience. With technologies such

as Head-Up display and the SightstreamTM and Driver Monitoring systems, drivers enjoy

a wide field of vision that encourages them to keep their eyes on the road.

During this hands-on driving phase, the driver is in control, and the vehicle enhances his

or her ability to detect surrounding phenomena by means of sensors and optimized

interfaces.

By contrast, automated driving is based on deploying intuitive interfaces when drivers

are in hands-off mode, while continuing to provide them with a minimum level of

information about the vehicle environment. A touchpad is activated on the steering

wheel, so that messages can be written with greater ease and drivers can keep their

hands on the wheel, remaining in a position to take back control. Similarly, information

is displayed right in front of the driver, on the same trajectory as the road and in a Head-

Up display. This allows motorists to access the information they need to control the car’s

multimedia system and their smartphone without taking their eyes off the road.

This solution optimizes the transition phase, reducing the time required to move from

one mode of driving to the other.

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- Driver Monitoring : a camera to monitor driver alertness

Equipped with special functions, Driver Monitoring is a new system that not only

recognizes the driver, but also checks his or her level of alertness. This will ensure that

motorists keep their eyes on the road when driving in hands-on mode.

In practical terms, the purpose of the Driver Monitoring system is to alert the driver

when signs of drowsiness or distraction are detected. Other applications for the system

are also possible, such as driver identification and control functions using the eyes.

These developments will contribute to heightened safety and more intuitive use of the

new generation of driver assistance functions.

The vehicle is equipped with a camera built into the dashboard and aimed at the driver’s

face. Eyelid movement, pupil position, head angle and other key images are processed in

real time by an embedded computer. A software program combines these data with

vehicle trajectory tracking

information to determine how alert

or how distracted the driver is, and

sends a warning if necessary. Another

program determines where the driver

is directing his or her gaze so that

interfaces and context menus can be

activated hands free.

For identification purposes, the same

equipment synthesizes a 3D model of

the driver’s face, and compares it with

the list of authorized drivers.

This software takes into account changes in the authorized drivers’ physical appearance

– if they are wearing glasses, a cap or scarf, for instance – and works both day and night.

In this way, the camera-based Driver Monitoring system is able to send drivers

drowsiness or distraction alerts earlier and with greater reliability than existing

systems. This improvement will help reduce accidents caused by drowsiness or

attention gaps. Driver identification by camera will also provide a higher level of

security than key or badge access systems alone.

All told, the system is destined to become an indispensable feature of highly automated

vehicles.

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- Valeo Mobi/us : a new connected experience, in perfect safety

To support the deployment of the autonomous car, Valeo has entirely redesigned the

dashboard so that motorists can switch driving modes in complete safety and also take

advantage of new services when the car is driving itself.

Whenever the system detects favorable conditions for automated driving, such as when

the car is in a city traffic jam or on a highway, it suggests shifting from hands-on to

hands-off mode without compromising safety. The driver then simply presses the

automatic pilot button located on the steering wheel. Similarly, the system emits a visual

and audio alert as soon as it anticipates the need for the driver to take back control.

The new digital dashboard is entirely reconfigurable, and Valeo Mobi/us exploits its

capabilities when the car is in automated driving mode. In this mode, the dashboard’s

graphics change, freeing up a maximum amount of space on the screen for the driver’s

smartphone or tablet applications. The screen displays the desired apps automatically,

as the system instantly detects the user’s mobile device. The same technology used to

project content to home televisions, i.e. wireless display standards such as Miracast,

Chromecast and Airplay, is used to display as much of the device’s content as desired.

This means that when the car is driving itself, motorists will be able to read their e-mail

messages, watch videos on the Internet or select their favorite music tracks in complete

safety. They will also be able to access all of their regular apps.

To ensure safe interface management, Valeo has developed two miniature touch screen

controls on each side of the steering wheel, much like those used on the latest

smartwatches. The revolutionary steering-wheel-mounted Mobi/us control establishes a

wireless connection with the driver’s smartphone or tablet, which can remain in his or

her pocket or bag.

With the Valeo Mobi/us concept, motorists can use smartphone or tablet apps while

keeping their hands on the steering wheel and their eyes on the road. In addition, a new

dedicated space on the interface continuously informs them about the surrounding

environment. Valeo Mobi/us includes a system that detects the presence of hands on the

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steering wheel and uses a camera to observe the driver. As a result, Valeo Mobi/us is

able to switch between hands-on and hands-off driving much more safely and quickly,

resolving an issue that is often cited as a weak point among automated cars.

In addition, Valeo Mobi/us can detect when the driver is not alert, is falling asleep or is

distracted, three of the main causes of accidents attributable to drivers.

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Connectivity

Valeo has developed a smartphone-based vehicle key-sharing function called

InBlueTM (see Innovation below). The widespread take-up and securing of virtual

keys uses expertise acquired by Safran in the field of banking transactions.

- InBlueTM: the first smartphone- and smartwatch-

compatible smart key

Smartphone use is growing exponentially. In 2013, 900 million smartphones were sold

worldwide (source: Gartner). In addition, the number of smartwatches is expected to

climb to 37 million in 2015 according to NextMarket Insights.

Valeo has extended the capabilities of its hands-free access systems to integrate new

uses and behaviors related to the Internet of Things, such as smartphones and

smartwatches, launching the world’s first connected key system to lock, unlock and start

the car.

Once inside the car, the driver’s smartphone is

detected, allowing him or her to start the

vehicle. The smartphone-compatible InBlueTM

system also enables car sharing, remote parking

and access to vehicle data such as tire pressure,

fuel level and last location parked.

This innovation demonstrates Valeo’s expertise

as a skills integrator. The InBlueTM

demonstration was developed in collaboration with Safran, a world leader in electronic

security, and Vulog, a recognized expert in car-sharing solutions. It is part of the

European Dependable Embedded Wireless Infrastructure (DEWI) project.

InBlueTM is a new generation passive entry and start system that uses Bluetooth® Smart

technology. It is very easy to install. The smartphone communicates with the vehicle

using a virtual key stored in the phone via the secure InBlueTM platform, offering

security comparable with that of mobile payment systems.

The first vehicle equipped with Valeo InBlueTM technology could reach the market in

2016.

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- Secure transactions

Authentication, meaning checking a person's identity, is a key to controlling access to

sensitive resources or services, especially banking services and payment transactions.

Facial recognition is an increasingly high-performance technology that perfectly

addresses security issues in today's ecosystem, which is more and more interconnected

and entails rapidly growing data exchanges and banking transactions.

Authentication by facial recognition means using the facial characteristics of an

individual to verify his or her identity. This technology is an alternative to passwords

and other identifiers used to

authorize transactions on

smartphones or tablets, for

example. Users first have to

register for the service, including

sending a photo. Once their

profile has been activated, they

can access the desired service by

taking a photo of themselves,

whenever verification is needed.

This photo is then compared to

the photo taken during their

registration.

The trusted authentication platform offered by Safran combines mobility, practicality

and security. It can be used to offer secure banking services in branches, via automatic

teller machines (ATM), or on mobile devices or online, for anytime, anywhere service.

This ensures sustained protection of transactions and associated data against external

attacks and customer repudiation.

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� See and Navigate

Safran and Valeo are working together on the French government sponsored

AWARE project. This technology project aims to develop “all weather” vision

sensors for aeronautical, automotive and defense applications. Safran has also

integrated cameras and detection algorithms developed by Valeo into its defense

applications. Both companies share the need for 3D restitution of environments

and detection of pedestrians and cyclists.

- Observation and command vehicle

The Mobile Observation & Command System (MOCS) vehicle is a first step towards the

development of automated vehicles for civil security applications. It significantly

increases security forces' observation and intervention capabilities. The MOCS can be

deployed for the observation and recording of interventions, events or high-value sites.

It allows the management of distributed sensor networks (surveillance cameras, drones,

robots), as well as real-time monitoring of rapid response teams. The vehicle deploys its

own panoramic observation system (Lukeos), along with a long-range, high-

performance vision system (MPS), in either infrared or visible wavelengths.

The information and communication system (SIC) is based on mapping tools and a

secure, hi-rel wireless communications network, capable of dynamic reconfiguration.

The SIC independently manages observations by ranking them in order of priority,

according to requests from the intervention team, driver, operator or an authority.

Furthermore, it can be coupled to the police Force Protection system, via the network, to

exchange information on the situation.

Lukeos is a system comprising several uncooled thermal imagers, giving the driver a

panoramic view of his surroundings. It is used to identify objects, terrain and driving

conditions, day or night, by giving the driver a real-time view of the environment. It can

also detect and track moving objects in the vehicle's environment.

The MPS long-range sighting system detects acquires

and tracks moving vehicles or persons at long range.

Offering outstanding day/night performance, this

stabilized system can be used to track moving objects

within its field-of-view and determine their trajectory. It

can also recognize and identify objects, in either visible

or infrared wavelengths. The MPS system can be

mounted on any type of vehicle, for instance

complementing the other sensors already fitted to law

enforcement vehicles. It heralds the future long-range

observation capability needed by tomorrow's civil

vehicles, to plan ahead for safe automated driving.

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- Inertial reference units

Safran is the leading European supplier of navigation systems, with particular expertise

in all inertial technologies (mechanical, laser, fiber-optic, vibrating). Drawing on over

60 years of experience, Safran makes navigation systems for civil and military customers

around the world, on platforms operating on land, at sea (and underwater), in the air

and in space.

From fighters, helicopters and commercial jets, to autonomous land vehicles, Safran's

navigation systems feature breakthrough technologies. For example, the new Epsilon 20

family of land navigators covers all land navigation

requirements, including topographic survey and satcom

vehicles. Safran applies advanced hemispherical

resonator gyro (HRG) technology, underpinning

navigation solutions that combine high performance and

reliability, small size and resistance to severe

environments (vibrations, temperature, etc.). It supports

navigation and orientation when no GPS signals are

available.

And to make this system even more compact, Safran is developing a new generation of

navigation devices based on inertial and guidance micro-sensors, using MEMS (micro-

electromechanical system) technology. Combining light weight (100 grams) and high

performance, these systems could provide very precise position-determination on all

types of autonomous platforms (vehicles, drones, robots).

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- Force Protection system, JIM binoculars and TIPS

thermal imager

The police "Force Protection” system is designed around a "wired" vest, protection

equipment, radio system and an intuitive mobile navigation and information system. It

is used for mission planning, tracking of law enforcement force positions, danger

location-determination, situational data exchange and recording of mission data. All of

this information is shared in real time via a high-reliability, secure network.

Furthermore, the network reconfigures itself dynamically, depending on the range,

communications requirements and position of users, allowing it to operate in complex

environments (inside basements, garages, apartment buildings, etc.).

JIM multifunction binoculars and TIPS night vision goggles (NVG) are easy to use,

for the detection, identification and accurate positioning of people, vehicles and other

objects, day or night.

TIPS is an uncooled thermal imager used for the day/night detection, recognition and

identification of people. Capable of detecting a human presence out to a range of 1,200

meters, it addresses all requirements for rescue and public safety operations, including

infrastructure surveillance, homeland security, law enforcement, fire-fighting and

environmental protection missions.

JIM LR (Long Range) binoculars are based on a long-

range, multifunction, cooled infrared imager. Featuring

a compact, ergonomic design, all versions of the JIM LR

family use the same basic interfaces and components

(batteries, connectors, accessories, etc.). They are

interoperable with a wide range of systems and

components, including displays, computers, GPS

receivers, etc.

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- 360Vue® 3D technology: full visibility, right around the

vehicle

The 360Vue® 3D system gives the driver a bird’s eye view of the vehicle’s environment

on the dashboard screen. A 360° degree and 3D view of the environment is provided,

allowing full visibility right around the vehicle.

The driver can perform maneuvers or leave a parking space safely, with excellent

visibility of all obstacles in the vicinity of the vehicle and the capacity to see into all blind

spots.

The system consists of four miniature digital cameras and an image processing software

program. The cameras are fitted into the exterior mirrors, on the front bumper and on

the tailgate. The image, displayed on the multi-function center console screen, gives the

driver the impression of being above the vehicle, just like a bird. The system can display

one or more images simultaneously on a split screen. The driver can also select and

zoom in on a specific image when performing a given maneuver.

This intuitive and ergonomic technology was designed to permit more precise

maneuvers. It will ultimately become a critical component of highly automated vehicles.

The 360Vue® 3D system was launched on the Volkswagen Passat at the end of 2014. A

similar system will soon equip a vehicle built by another automaker.

The 360Vue® system is also available on many Audi, BMW, Citroen, Land Rover,

Mercedes and Volkswagen models.

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- “SightstreamTM”: when a camera replaces the rearview mirror

SightstreamTM is a new camera system that replaces traditional mirrors, improving the

motorist’s perception of driving conditions and reducing fuel consumption, while at the

same time opening up new vehicle design opportunities.

- Innovation for greater safety and comfort

Cameras are installed where the interior rearview mirror and exterior side mirrors are

usually mounted. Replacing mirrors with cameras significantly improves vehicle

aerodynamics, thereby leading to additional fuel savings. In other words, what used to

be seen outside the car is now viewed on the inside. At the same time, the driver’s side

vision is enhanced by making the images clearer and easier to see, in all weather.

SightstreamTM offers new vehicle design potential, as the rearview and side mirrors are

replaced by cameras. Removing the central rearview mirror makes it possible to rethink

the rear of the vehicle, which can be narrowed.

The absence of side mirrors has two

benefits: first, it reduces vehicle drag,

eliminating 1.3 grams of CO2 per kilometer;

second, it gets rid of the noise caused by

mirrors.

The SightstreamTM system can embed driver

assistance system features such as blind spot

detection, and assist with door opening by

detecting passing vehicles, motorbikes or

bicycles. It can also help the driver during lane changes or overtaking by displaying

information on the Sightstream™ screen.

- From innovation to reality

Valeo is participating in steps undertaken by the European Commission as part of an ISO

standardization program. EU legislation will authorize the replacement of side mirrors

by cameras in 2016.

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� Robotization

Safran and Valeo are working together to design and produce automated features

for their equipment and vehicles. These developments share sensors, laser

scanners (Valeo), inertial units (Safran), software and methodologies. The two

companies are using these technological components for their drone and

automated vehicle applications. For autonomous functions, vehicle guidance will

be based on high-precision digital maps similar to those generated by the Mines

ParisTech L3D2 vehicle.

- PatrollerTM drone

The Patroller long-endurance drone draws on Safran's quarter-century of experience in

tactical surveillance drones. It carries out long-endurance (24-hour class) surveillance

and intelligence missions, over zones that may be up to 200 km from the control station.

Patroller is a versatile surveillance system which is particularly well suited to missions

assigned to security forces: surveillance of borders and maritime approaches, the fight

against illegal immigration and other trafficking, monitoring of high-value

infrastructures and natural disasters.

Its payload capacity allows it to

carry several different types of

sensors. Furthermore, its

observation performance is

multiplied by the automated

combination of extended zone

detection capability, based on

radar, and a signal intelligence

system. The long-range, real time

identification and position-

determination of targets is handled by an optronic (electro-optical) sensor, operating

day or night.

Featuring silent operation and a modular design, the Patroller also incorporates a

complete anti-collision function, for the subsequent integration of drones in civil

airspace. This "see and avoid" system couples traffic detection sensors, including an

infrared optronic sensor, with a collision risk estimation and automatic avoidance

trajectory generation module.

In November 2014, the Patroller successfully carried out a series of flight tests at the

Toulouse-Blagnac airport, demonstrating the feasibility of integrating a drone in a

shared airspace, in line with civil aviation regulations and air traffic control procedures.

As part of these tests, Safran demonstrated a complete anti-collision function in flight.

This function is one of the main bottlenecks that has to be overcome if drones are to

share civil airspace with manned aircraft.

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- Drive4U® : automated driving

In a world premiere in Paris, Valeo is unveiling an experimental prototype vehicle

equipped with the Drive4U® system.

Its purpose is to promote the development and integration of level 4 automated driving

functions into all vehicles (SAE J3016 standards).

Automated level 4 driving functions allow the end user to delegate the driving of the

vehicle to the Drive4U® system. Handing over the driving allows the driver to perform

other activities in complete safety, while optimizing fuel consumption.

The vehicle is equipped with sensors such as cameras, radar, ultrasound, and a laser

scanner. These sensors generate real-time data to detect and characterize the driving

environment. An interface allows the driver to select the destination. In addition, a

telematics box receives data from other vehicles or road infrastructure. These inputs are

then merged and analyzed in an onboard computer, allowing the Drive4U® system to lay

out the precise route to be taken by the vehicle. The resulting commands are executed

by the moving parts of the vehicle, namely the engine, and the steering and braking

systems.

Description of features and benefits for end users

The Drive4U® system allows motorists to

experience the pleasure of being driven in traffic

jams or on highways, or on a standard route.

Another benefit for end users is the additional

free time or working time created when the

Drive4U® system is driving the car. From an

overall perspective, the deployment of these

systems will help improve safety, ensure better

compliance with the Highway Code, harmonize traffic flows and optimize vehicle energy

use.

A pioneer in driving and parking assistance, Valeo developed an ultrasound parking aid

system back in 1991. It followed up in 2004 with front-mounted cameras for lane

departure warnings, and in 2006 with the launch of two landmark achievements: a rear

camera and radar sensors for blind spots. In 2014, Valeo introduced the third generation

of its Park4U® system, which facilitates parking maneuvers by automating the required

braking and steering movements. Valeo’s innovations aim to make driving a safer, more

enjoyable and more straightforward experience. Highly automated driving will greatly

contribute to improving safety.

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- Digital 3D mapping by MinesParisTech

The Mines ParisTech Robotics Center (CAOR) has developed 3D

scanning technology for urban and road environments using a

development platform called L3D2, which is a vehicle equipped with a

specific geographic location system (GPS + inertial unit) and a

Velodyne HDL32 laser scanner attached to its rear.

Digital 3D mapping is a scanning technique that collects point clouds

describing with centimeter accuracy the objects that are encountered along the vehicle’s

journey. After processing, these are turned into 3D models of road infrastructure and buildings.

3D modelling is highly valuable for many applications, including road and pedestrian navigation

and route planning.

In recent years, there has been a resulting surge in both the use of 3D models and in new, more

efficient and cheaper acquisition and processing methods among large companies and research

laboratories alike.

Several research projects are underway to create models using data from the mobile system.

They include the SIMVIR project focused on the accurate construction of 3D and geo-specific

models of the urban, peri-urban and road environment, and applications for creating road and

rail simulators.

The Maillages project is focused on the creation of volume and surface meshes for scientific

calculations, such as the modeling of a flood event on the Seine in Paris.

Lastly, the Terra Mobilita project is aimed at developing new automated processes for creating

and updating urban 3D road maps with centimeter accuracy, using mobile laser scanning

methods, and developing new services and applications for local authorities using 3D models of

public spaces.

In October 2014, Mines ParisTech announced the establishment of an international research chair

in the automotive and aerospace sectors, called “Automated Driving – Drive for you,” in partnership

with PSA Peugeot-Citroen, Safran and Valeo, among others.

Appendix

About Valeo

Valeo is a major player in the global automotive industry and ranks among the world’s

top automotive suppliers. As a technology company, Valeo

production and sale of components, integrated systems and modules for the car and

truck industry, in both the original equipment and replacement segments.

With its intuitive driving concept, Valeo dev

optimal safety, enhanced driving comfort and greater energy efficiency. The Group offers

solutions that reduce the consumption of internal combustion, hybrid and electric

vehicles, as well as the weight and energy

Major customers in alphabetical order include: BMW, BYD Auto, Chery, DAF, Daimler,

Fiat/Chrysler, FAW, Ford Motor Company, Geely/Volvo Cars, General Motors, Great

Wall, Honda, Hyundai/Kia, JAC, Mazda, Mitsubishi, PSA Peugeot

SAIC, Suzuki, Tata Motors/Jaguar/Land Rover, Toyota, Volkswagen

Group/Porsche/Scania/MAN and Volvo Trucks.

Key Figures

• €12.7 billion in 2014 sales, up 9% compared with 2013

• More than 10.4% of OEM sales devoted to R&D, or more than

2014

• 1,100 patents filed in 2014, 41% more than in 2013

• 78,500 employees

• Operations in 29 countries

• 15 distribution platforms

• 16 research centers

• 34 development centers

• 133 production sites

Valeo is a major player in the global automotive industry and ranks among the world’s

top automotive suppliers. As a technology company, Valeo is fully focused on the

production and sale of components, integrated systems and modules for the car and

truck industry, in both the original equipment and replacement segments.

With its intuitive driving concept, Valeo develops innovative technologies that provide

optimal safety, enhanced driving comfort and greater energy efficiency. The Group offers

solutions that reduce the consumption of internal combustion, hybrid and electric

vehicles, as well as the weight and energy use of components.

Major customers in alphabetical order include: BMW, BYD Auto, Chery, DAF, Daimler,

Fiat/Chrysler, FAW, Ford Motor Company, Geely/Volvo Cars, General Motors, Great

Wall, Honda, Hyundai/Kia, JAC, Mazda, Mitsubishi, PSA Peugeot-Citroën, Re

SAIC, Suzuki, Tata Motors/Jaguar/Land Rover, Toyota, Volkswagen

Group/Porsche/Scania/MAN and Volvo Trucks.

€12.7 billion in 2014 sales, up 9% compared with 2013

More than 10.4% of OEM sales devoted to R&D, or more than

1,100 patents filed in 2014, 41% more than in 2013

Operations in 29 countries

15 distribution platforms

16 research centers

34 development centers

133 production sites

19

Valeo is a major player in the global automotive industry and ranks among the world’s

is fully focused on the design,

production and sale of components, integrated systems and modules for the car and

truck industry, in both the original equipment and replacement segments.

elops innovative technologies that provide

optimal safety, enhanced driving comfort and greater energy efficiency. The Group offers

solutions that reduce the consumption of internal combustion, hybrid and electric

Major customers in alphabetical order include: BMW, BYD Auto, Chery, DAF, Daimler,

Fiat/Chrysler, FAW, Ford Motor Company, Geely/Volvo Cars, General Motors, Great

Citroën, Renault-Nissan,

SAIC, Suzuki, Tata Motors/Jaguar/Land Rover, Toyota, Volkswagen

More than 10.4% of OEM sales devoted to R&D, or more than €1.1 billion in

20

About Safran

Safran is an international high-technology group and Tier-1 supplier of systems and

equipment for the aerospace, defense and security markets. Working alone or in

partnership, Safran holds global or European leadership positions in its core markets.

Aerospace

Safran develops, produces and sells aircraft engines and propulsion subassemblies, as

well as a wide range of systems and equipment for civil and military airplanes and

helicopters. Safran is also one of the world leaders in the space industry: it produces the

Ariane 5 launcher and is developing its successor, Ariane 6 (through Airbus Safran

Launchers, a 50/50 joint company with Airbus Group), and offers a wide range of

systems and equipment for launchers and satellites.

Defense

Safran offers armed forces a broad range of optronics, optics, inertial navigation,

electronics and safety-critical software, for air, land and sea applications.

Security

A pioneer in identification and detection systems, and a major player in smart cards and

e-documents, Safran offers advanced solutions to meet evolving requirements for the

protection of people, businesses and countries.

Safran at a glance

• Sales: 15.4 billion euros in 2014

• 69,000 employees

• Operations in more than 50 countries

• R&D expenditures: 2 billion euros in 2014

• Over 20% of workforce involved in R&D

• Second leading company in France for number of patents filed annually

• 26,000 patents in the Safran portfolio

• Ranked among Top 100 Global Innovators by Thomson Reuters in 2014