Headquartered in Building A, Shanghai Fiscal year ends December NASDAQ: HSAI hesaitech.com
Hesai Group (Nasdaq: HSAI; HKEX: 2525) describes itself as a Physical AI infrastructure company. It reports two segments.
Lidar: lidar sensors sold for ADAS in passenger vehicles and for robotics applications, including robotaxis, commercial robots and autonomous logistics. Key product families are the ET-series premium main lidar, the AT-series main lidar and the FT-series blind-spot lidar. It also provides extended warranty services.
Strategic Growth Initiatives (SGI): this segment includes two businesses.
- Kosmo, a 3D world data engine launched in October 2026. It combines the Kosmo One 8K AI spatial camera with the Kosmo World cloud platform, which generates 3D Gaussian Splatting, mesh and depth data. Kosmo is monetized through hardware sales, platform subscriptions and a 3D asset library. Uses include robotics training, film and VFX, mapping and retail.
- Robotic actuation modules for humanoid and dexterous robots, which are in mass production for customers such as Sharpa.
Hesai uses proprietary ASICs and an integrated R&D and manufacturing model. It runs in-house factories in China and Thailand and serves customers in more than 40 countries, including Chinese and global automakers and robotics fleet operators such as JD.com. Updated
Editor’s note: Luminar Technologies filed for Chapter 11 bankruptcy and was delisted from Nasdaq. Its lidar business assets, including the Iris and Halo product lines, were subsequently acquired by MicroVision (NASDAQ:MVIS) in…
Investing is centered around the concept of risk and reward. Typically, investments with a higher level of risk have the potential to produce larger returns than their low-risk counterparts. For example, some…
Hesai Group (Nasdaq: HSAI; HKEX: 2525) describes itself as a Physical AI infrastructure company. It reports two segments.
The Wall Street consensus 12-month price target for HSAI is $23.17.
