An obstacle monitoring system includes a first transducer that obtains a first distance measurement to an obstacle using a first linear frequency modulated (“LFM”) chirp. The system further includes a second transducer, able to operate concurrently with the first transducer, that obtains a second distance measurement to the obstacle using a second LFM chirp. The second LFM chirp has an inverted slope or shifted center frequency compared to the first LFM chirp. The system further includes a controller that processes the first and second distance measurements to determine a motion-compensated distance measurement to the obstacle.