Valens Semiconductor to Display a High-Performance Connectivity Solution for Next-Generation Single-Use Endoscopes at Medica 2024

Valens' groundbreaking solution, the first on the market to include a built-in electrosurgical noise canceller, will be on display at MEDICA, marking Valens' entry into a new high-growth market

HOD HASHARON, Israel, Nov. 11, 2024 /PRNewswire/ -- Today, Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, announced that it will unveil a series of innovative solutions, including a chip that will enable some of the industry's most advanced endoscopes, at Medica 2024.

Based on the VA7000 chipset, the endoscopes offer a series of key benefits, including exceptional EMC reliability during electrosurgery, as well as high-resolution and wide field-of-view video, which will enhance the capabilities of medical professionals and improve patient outcomes. Further, with its small form factor and extremely low power consumption, the solution is optimized for high-performance single-use endoscopy – a growing segment within the endoscopy vertical.

At Medica 2024, Valens will showcase a live demonstration of the VA7000 chipset, with its built-in electrosurgical noise cancellers, enabling a cautery procedure with exceptional EMC reliability and no image loss.

More than 250 million endoscopies are performed every year globally. Due to the rigorous, costly, and time-consuming requirements of cleaning the endoscopes, the industry has been attempting to transition to a disposable model. This transition has been spurred by the FDA, which for years has been proclaiming the need for single-use endoscopes to enhance patient safety. The disposable endoscope market in the US is therefore growing at a 17% CAGR, according to Grand View Research, and is expected to reach USD 7.32 billion by 2030.

In addition to the VA7000 chipset, Valens will also display the VS6320 chipset for high-performance USB3.2 extension, as well as the VS3000 chipset for human-machine interface extension.

"Our participation in Medica 2024 marks the perfect opportunity for us to introduce our cutting-edge connectivity solutions to the medical industry," Moshe Doron, SVP, Business Development at Valens Semiconductor. "With its built-in electrosurgical noise canceler, the VA7000 will provide exceptional reliability and video quality for medical professionals. The advantages of the VA7000 chipset remove the major roadblock that had prevented the industry from transitioning to the long-desired disposable endoscope architecture. We are already seeing significant interest in this chip from our customers and partners, and we're excited about the spotlight that Medica will allow us to shine on our innovative technology."

Valens' solutions will be on display at Medica 2024 at the Israeli Pavilion, Hall 15, Stand #E30, from November 11-14.

About Valens Semiconductor

Valens Semiconductor (NYSE: VLN) is a leader in high-performance connectivity, enabling customers to transform the digital experiences of people worldwide. Valens' chipsets are integrated into countless devices from leading customers, powering state-of-the-art audio-video installations, next-generation videoconferencing, and enabling the evolution of ADAS and autonomous driving. Pushing the boundaries of connectivity, Valens sets the standard everywhere it operates, and its technology forms the basis for the leading industry standards such as HDBaseT® and MIPI A-PHY. For more information, visit https://www.valens.com/.

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Press Contacts

Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
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Pat Burek
Senior Vice President
Financial Profiles, Inc.
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Investor Contacts

Michal Ben Ari
Investor Relations Manager
Valens Semiconductor Ltd.
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Lisa Fortuna
Senior Vice President
Financial Profiles, Inc.
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SOURCE Valens Semiconductor