ACEINNA has emerged from behind the curtains as one of the largest “spin out” companies in the MEMS and sensing technology sector. The company is developing new sensing solutions for high volume applications such as autonomous vehicles, high performance computing systems, and smart buildings. Over the last two years, the company has achieved more than 70% annual growth and expects this to continue in the future. ACEINNA’s main focus is its inertial measurement unit (IMU) sensing technology used to provide navigation and guidance to autonomous vehicles -- from self-driving cars and trucks to automated material handling solutions used in warehouses and factories. Currently, the sophisticated, highly accurate IMU navigation systems used by the top Level 4 autonomous car makers cost tens of thousands of dollars each.