Possumic today announced the launch of its newly developed ultra-low-power 24GHz mmWave sensing SoC, the RS2111, marking another significant leap forward in the company's mmWave sensing capabilities. Following the successful mass production of three mmWave intelligent sensing SoCs in 2024 (RS6130, RS6240, RS7241), the introduction of the RS2111 will further accelerate the adoption of mmWave sensing technology in applications such as smart lighting, smart door locks, intelligent security, and smart home systems, delivering a more intelligent living experience to users.

On December 2, 2024, Possumic Technology Co., Ltd. announced the completion of its Series A financing round, raising nearly RMB 100 million The round saw continued investment from institutions such as Shenhe Industrial Investment and GSR Ventures. As a National High-Tech Enterprise, Possumic Technology Co., Ltd specializes in the development of millimeter-wave intelligent sensing chips and delivers integrated "Sensing + Connectivity" solutions. Its technologies are widely applied across diverse fields, including smart home systems, industrial automation, automotive electronics, and security. Representatives from Shenhe Industrial Investment and GSR Ventures expressed strong confidence in the company’s technical capabilities and market potential. The team at Possumic Technology Co., Ltd stated that the new funds will accelerate R&D efforts, further drive intelligent technological upgrades, and enhance services for global customers.