Campbell, CA, 03/18/2025 – CAMPBELL, Calif. – March 18, 2025 – Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced that Nextchip has licensed Arteris’ FlexNoC 5 interconnect IP with Functional Safety for their EFREET1 project for automotive vision. The physically aware, silicon-proven network-on-chip IP from Arteris supports the advancement of Nextchip’s next-generation vision technology products for the automotive industry.