Oldfart
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We should get this for free, considering how easy it seems to be for someone to break into our trucks!
Key Points
- Canopy is a new smart security system for vehicles, particularly pickups and vans.
- The Canopy company is a 60/40 joint venture between Ford and ADT.
- Canopy was developed and nurtured in Ford's in-house startup incubator.
Ford Motor Company (NYSE:F) and ADT (NYSE:ADT) said they have formed a $105 million joint venture, called Canopy, to bring a new artificial intelligence (AI)-enabled vehicle security system to market.
ADT is a significant partner and its services are a key piece of the offering, but Ford will hold a majority stake in Canopy, which was developed in the automaker's in-house start-up incubator.
That makes it something of a big deal. Here's what we know.
Canopy: Like a doorbell camera for your truck
The Canopy system is something like a doorbell camera, but for a vehicle. A camera and sensors on the vehicle allow the system to monitor the vehicle's surroundings. If the system detects a "credible threat," such as a potential thief or vandal, it will alert owners via a smartphone app.The app allows owners to see and hear video and audio from the vehicle, to summon police if needed, and to talk to people near the vehicle via vehicle-mounted speakers, as shown in this video released by Ford.
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