2021-07-20

Velodyne Lidar Announces Leadership Transition

Provides Progress Update on Growth Strategy   SAN JOSE, Calif.–(BUSINESS WIRE)–Jul. 19, 2021– Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), the leading lidar company, known worldwide for its broad portfolio of breakthrough lidar technologies, today announced that Dr. Anand Gopalan has informed the Board of Directors that he is stepping down as CEO and a member of the Board, effective July 30, 2021. In connection with this announcement, the Board has created an Office of the Chief ...
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2021-05-31

Velodyne Lidar Intelligent Infrastructure Solution Wins Smart 50 Award

Velodyne’s Solution Recognized for Enabling Transformative Smart Cities Projects The Velodyne Lidar Intelligent Infrastructure Solution, powered by Bluecity, was named a winner of the 2021 Smart 50 Award, recognizing the solution’s innovation in smart city applications. The awards, presented by Smart Cities Connect, have a highly competitive review process and honor the 50 most transformative smart cities projects in the world.   SAN JOSE, Calif.--(BUSINESS WIRE)--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW...
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2021-05-27

Velodyne Lidar Responds to Baseless Assertions from David Hall, Marta Thoma Hall and Eric Singer

Company Underscores Board’s Exceptionally Qualified Directors, Who Possess Significant Experience, Broad Knowledge and Dedication to Sound Corporate Governance Management Team Continues to Deliver Market Leading Technology Innovation, New Products and Significant Progress on Growth Plans Expresses Concerns Regarding Eric Singer’s Ability to Operate as an Unbiased, Independent Fiduciary Given Prior Breach of Fiduciary Duty and Compensation Arrangement with the Halls May 26, 2021 09:45 AM Eastern Daylight Time SAN ...
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2021-04-28

Velodyne Lidar Signs Multi-Year Sales Agreement with Gatik

Utilizing Velodyne Sensors, Gatik has Established North America’s First Autonomous Middle Mile Transportation Network Gatik uses Velodyne’s lidar sensors to support short-haul logistics with precise, reliable navigation for real-time autonomous operations. (Photo Credit: Velodyne) SAN JOSE, Calif. (April 20, 2021) – Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a multi-year sales agreement with Gatik, the industry leader in automating on-road transportation networks for B2B middle mile logistics. Gatik uses Ve...
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2020-12-04

Velodyne Lidar Announces Autonomous Driving Collaboration with Ford Otosan

Companies Working Together on Autonomous Driving Development and Testing for Heavy Commercial Vehicles Ford Otosan is testing and planning to use Velodyne Velarray H800 lidar sensors to enable safe navigation and collision avoidance in next generation vehicles. SAN JOSE, Calif. (December 1, 2020) – Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced it is collaborating with Ford Otosan on product development and testing of autonomous heavy commercial trucks. Ford Otosan is testing and planning to use Velodyne Velarray H800 lidar sensors to e...
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2020-11-06

Velodyne Lidar Announces Inaugural Public-Company Third Quarter 2020 Results

Completed business combination with Graf Industrial Corp. on September 29, 2020, and started trading on Nasdaq Grew revenue 137% year-over-year to $32.1 million Signed six (6) multi-year agreements during the quarter and now count 24 total contracts Initiated commercial shipments of Velarrays – our next-generation, compact lidar product with best-in-class range and resolution Finished the quarter with $298 million of cash Continued to build upon #1 position in lidar as evidenced by our shipment of 47,500 sensors to date for cumulative revenue of ov...
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2020-10-15

LiDAR Companies Presenting New Products and Technology Progresses Supporting Autonomous Driving

LiDAR sensor manufacturers across the world including Innoviz Technologies, Hesai, Lumentum and Velodyne Lidar have announced their new achievements recently and are going to showcase novel technologies at upcoming events. Innoviz Technologies added a new sensor to its product line, the InnovizTwo. The new automotive-grade LiDAR sensor, with a major cost reduction design of over 70% compared to InnovizOne, offers a solution for all levels of autonomous driving. Samples of InnovizTwo will be available in Q3 2021. (Image: Innoviz) China-based Hesai also re...
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2020-10-13

Velodyn Lidar Announces Partnerships with RoboSense and Baidu

Velodyne Lidar recently reported new collaboration with its partners in China. The recently listed LiDAR maker said that it has entered a long‑term global cross-licensing relationship with RoboSense (Suteng Innovation Technology) and signed a three-year sales agreement with Baidu. (Image: Velodyne Lidar) The cross-licensing relationship with RoboSense encompasses a broad range of 360° surround-view LiDAR sensors, by which Velodyne said will be mutually beneficial for the existing and future patents of both companies. Velodyne and RoboSense have also agr...
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2020-08-13

Velodyne Partners University of Nevada, Reno to Build Smart and Safer Transportation Infrastructure

Velodyne Lidar announced a partnership with University of Nevada, Reno to advance research in transportation infrastructure. The university’s Nevada Center for Applied Research purchased and, in conjunction with the Nevada DOT and Nevada Governor’s Office of Economic Development, is using Velodyne’s LiDAR sensors in its Intelligent Mobility initiative to collect data aimed at making transportation more efficient, sustainable and safe. (Image: Velodyne Lidar) The program has integrated Velodyne Ultra Puck LiDAR sensors with traffic ...
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2020-07-27

LiDAR Sensors Back Smart Traffic Management to Improve Road Safety

Velodyne Lidar announced a three year sales agreement with PARIFEX, a traffic management and speed measurement systems provider. Based on the agreement, PARIFEX will use Velodyne’s LiDAR sensors in its traffic monitoring solutions which can help reduce road accident rates and enhance roadway safety. (Image: Velodyne Lidar/PARIFEX) PARIFEX equips its NANO-CAM and NOMAD solutions with Velodyne Puck sensors for real-time tracking of static and moving objects including vehicles, pedestrians and bicyclists, while preserving anonymit...
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2020-07-22

Velodyne Announces Patent License Agreement with Hesai

U.S.-based LiDAR maker, Velodyne Lidar, announced that it has entered a long-term global licensing agreement with Hesai Photonics Technology encompassing 360° surround-view LiDAR sensors. Based on the agreement, Velodyne and Hesai have agreed to dismiss current legal proceedings in the U.S., Germany and China that exist between the two companies. The license agreement covers both existing and future patents of both company. David Hall, Velodyne Founder and Chairman of the Board, commented, “We think this agreement will expand the adoption of LiD...
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2020-07-06

Velodyne Lidar to Become Public Through Combination with Graf Industrial

Velodyne Lidar announced that it has raised US$150 million in a reverse takeover and will be combining with Graf Industrial to go public in the third quarter of the year. It is expected that Velodyne will be listed on the NYSE under the symbol of VLDR. Pursuant to the business combination, Graf will acquire Velodyne through a reverse merger in which Velodyne is ascribed an enterprise value of approximately US$1.6 billion and equity value of approximately US$1.8 billion. Following the transaction and after payment of transaction expenses, Velodyne is expected to...
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2020-06-11

Velodyne Partners AGROINTELLI to Provide LiDAR Sensors for Autonomous Farming Vehicles

Velodyne Lidar announced a three-year sales agreement with a Danish intelligent farming solution developer AGROINTELLI. Velodyne’s LiDAR sensors will be adopted in the Robotti autonomous tool carriers that increase efficiency on fields and help professional farmers save time and money. Robotti uses Velodyne’s Puck™ sensors for safe and efficient navigation on farmland. It supports a wide range of equipment such as precision seeder, mechanical inter-row weeder and seed drill. Robotti performs highly accurate, site-specific agricultural operations ...
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2020-06-02

Idriverplus Joins Velodyne Ecosystem

Velodyne Lidar and Idriverplus announced an expanded partnership and Idriverplus inclusion into the Automated with Velodyne integrator ecosystem, which helps companies grow their businesses while using Velodyne’s LiDAR technology. Through the program, Velodyne will further collaborate with Idriverplus to support its continued innovation and promote Idriverplus autonomous vehicles, including street cleaners, passenger cars and logistics vehicles. Recently, Velodyne signed a multi-year sales agreement with Idriverplus to provide Puck™ sensors for the mass prod...
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2020-05-13

Velodyne Announced Sales Agreement with GeoSLAM and Supports 3D Measurement for NavVis VLX Mapping System

U.S.-based LiDAR technology developer Velodyn Lidar recently announced its partnership with two 3D mapping technology solutions providers. Velodyne and GeoSLAM, a UK-based 3D geospatial technology supplier, signed a multi-year sales agreement to use LiDAR sensors in the mobile scanner for 3D mapping. LiDAR sensors from Velodyne enable GeoSLAM systems to achieve data capture of intricate measurements from up to 100 meters away. The mobile scanner can be wide applied for building information modeling (BIM), construction, real estate, surveying and mining...
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2020-04-30

Velodyne Lidar to Supply LiDAR Sensors to EasyMile for Autonomous Shuttles

Velodyne Lidar announced a three-year agreement with French autonomous vehicle specialist EasyMile. EasyMile uses Velodyne’s LiDAR sensors in production of its EZ10 autonomous passenger shuttles that are deployed on public and private roads in more than 30 countries around the world. (Image: Velodyne Lidar/EasyMile) EasyMile will enhance its EZ10 shuttle fleet with Velodyne’s sensors for safe and efficient navigation on roadways. Electric and driverless, the EZ10 shuttle was the one of the first autonomous shuttles launched in April 2015. It has...
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2020-04-24

Velodyne’s LiDAR Sensors to Support Efficient Autonomous Baggage Transport

Velodyne Lidar announced its partnership with ground support equipment provider TLD. The two companies signed a three-year agreement that TLD will LiDAR sensors from Velodyne for manufacture its TractEasy autonomous electric baggage tractor for airport and industrial operation. (Image: Velodyne/TLD) TLD will grow its TractEasy tractor fleet with Velodyne’s sensors for safe and efficient navigation on roadways in a variety of weather conditions. TractEasy is a zero-emission tow tractor that transfers baggage and freight from airport terminals to aircra...
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2020-04-17

Velodyne Lidar Launches Ecosystem Partner Program

Velodyne Lidar introduced the Automated with Velodyne program for its integrator ecosystem to commercialize next generation autonomous solutions using Velodyne LiDAR technology. Through the program, Velodyne helps companies by supporting innovation, promoting applications and creating lasting customer and business relationships. (Image: Velodyne Lidar) The program reflects Velodyne’s focus on accelerating market adoption of 3D LiDAR innovations and driving revenue growth for its partners around the world. In addition to a broad portfolio of LiDAR sensors...
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2020-03-18

COVID-19 Impacts: Veeco Withdraws Business Guidance for 1Q20; Velodyne Lidar Closes Offices

The COVID-19 coronavirus outbreaks across the world has forced the industry to take actions as impacts brought the epidemic continue to expand. In the U.S., equipment provider Veeco said that the epidemic is inevitably affecting its business for 1Q20 and thus withdrew its guidance for the first quarter. LiDAR maker Velodyne also noted that its offices in Bay Area, San Francisco are closed, following the mandatory “shelter-in-place” order in the area. (Image: Pixabay) Veeco said that it puts the health and well-being of its employees, customers, suppli...
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2020-03-13

Velodyne Strengthens LiDAR Sensors Supply to NAVYA with New Sales Agreement

Velodyne Lidar announced a multi-year sales agreement with NAVYA, an autonomous driving system provider. NAYVA is a French company expert in autonomous driving system. The company has put into service autonomous mobility solutions in 2015 and used Velodyne’s LiDAR sensors in production for its autonomous shuttle fleet that provides mobility services to cities and private sites. (Image: Velodyne Lidar/NAVYA) With the sales agreement, NAVYA plans to pursue the worldwide expansion of its shuttle with Velodyne’s sensors for precise real-time...
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2020-02-27

Velodyne Lidar to Drive Autonomous Cleaning Vehicles in China to Fight Coronavirus Epidemic

Velodyne Lidar announced a sales agreement with Idriverplus to provide Puck™ sensors over three years. The LiDAR sensor from Velodyne will be used in mass production of commercial autonomous vehicles, including street cleaners, passenger cars and logistics vehicles. Idriverplus is a Chinese company focusing on driverless technology and plans to place into commercial operation in China thousands of units of its unmanned, electric street cleaning vehicles, called WOXIAOBAI, with each vehicle equipped with two Puck sensors to ensure security and perception. Idri...
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2020-01-02

Velodyne to Introduce Advanced LiDAR Technology at CES 2020

Velodyne Lidar announced that it will introduce and demonstrate its new LiDAR sensor technology at CES 2020, taking place in the Las Vegas Convention Center during January 7 to 10. Velodyne will demonstrate how its LiDAR sensors and Vella™ software can be applied to create ADAS solutions with improved safety, including pedestrian and bicyclist avoidance, lane keeping assist, automatic braking and more. Employing LiDAR, along with a few inexpensive cameras for redundancy, is a revolutionary approach to safety, allowing vehicles to detect and avoid objects...
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2019-11-18

Global LiDAR Companies and Their Latest Progresses in 2019: Mechanical LiDAR Suppliers

Driven by the prospering development of autonomous driving technology, LiDAR companies across the world continue to expand their business and present new products. Many LiDAR builders reported their updates in both technology and business progresses in 2019. Following these news, LEDinside would like to share with our readers updates of the LiDAR industry in the past year. (Image: Ouster/NVIDIA) Velodyne Lidar Partners Hyundai Mobis for ADAS and Supports Varied Applications In 2019, the mechanical LiDAR expert has introduced several new ...
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2019-11-05

[Exclusive] Velodyne LiDAR Ushers an Incredible Era for Autonomous Vehicle and Smart City

Velodyne, a leading LiDAR company and 3D sensor solution for autonomous vehicles and industrial robots, is going to showcase the latest product at CES 2020. LEDinside was honored to have a phone call interview with Rick Tewell, COO of Velodyne, to understand how the company’s fully rotation LiDAR system ushers in a new and incredible era of advanced 3D imaging technology in autonomous vehicles. (Rick Tewell, COO of Velodyne) Velodyne was established in San Jose, California in 1983, by founder and CEO David Hall. In 2005, Velodyne released H...
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2019-09-02

LeddarTech Provides Flodraulic LiDAR Sensors of for Autonomous Applications; Velodyne Lidar Supports Optimus Ride for Self-driving Vehicles

LiDAR companies continuously extend their partnerships with autonomous driving technology developers to speed up self-driving applications. Canadian LeddarTech announced the collaboration with the Flodraulic Group for autonomous applications. Velodyne Lidar, on the other hand, is providing its LiDAR sensors to Optimus Ride’s self-driving vehicles. Flodraulic is a mobile system integrator specialized in creating full machine control and monitoring systems. The company selected LeddarTech's LeddarTM IS16 LiDAR sensors for the feature of distance and a...
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2019-08-19

LiDAR Patent Lawsuit: Velodyne Files Complaint against Hesai and RoboSense in the U.S.

Velodyne Lidar announced that it has filed a patent infringement complaint with the U.S. International Trade Commission (ITC) against Hesai Photonics Technology and Suteng Innovation Technology, which is also known as RoboSense. (Image: Velodyne Lidar) Velodyne Lidar accused the Hesai and RoboSense of violating of section 337 of the Tariff Act of 1930 which makes unfair methods of competition and importation of certain products into the United States unlawful. Earlier this week, Velodyne also filed patent infringement complaints against Hesai and RoboS...
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2019-08-13

Velodyne Lidar Launches New LiDAR Sensor for Industrial Vehicles and Robotics

Velodyne Lidar introduced a new LiDAR sensor, the Puck 32MR™, to address key markets in the autonomous industry. This product offers a cost-effective perception solution for low speed autonomous markets including industrial vehicles, robotics, shuttles and unmanned aerial vehicles (UAVs). The Puck 32MR bolsters Velodyne’s robust portfolio of patented sensor technology, delivering rich perception data for mid-range applications. (Image: Velodyne Lidar) In addition to featuring Velodyne’s patented surround-view perception capability, the Puck 32M...
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2019-07-24

Velodyne Lidar Acquires Software Company Mapper.ai for ADAS Launch

Velodyne Lidar announced the acquisition of Mapper.ai, a mapping and localization software developer. Velodyne Lidar aims to leverage Mapper technology to accelerate development of Vella™, the software that establishes its directional view Velarray™ lidar sensor. The Velarray is the first solid-state LiDAR sensor that is embeddable and fits behind a windshield, as an integral component for advanced driver assistance systems (ADAS). Mapper’s entire leadership and engineering teams will join Velodyne, bolstering the company’s growing software deve...
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2019-07-17

Velodyne Lidar’s Sensors Power Kaarta Mobile 3D Mapping

Velodyne Lidar announced Kaarta has included Velodyne’s smart, powerful lidar technology in Kaarta’s new Stencil 2-32 ground surface mapping solution. Equipped with Velodyne LiDAR, Stencil 2-32 scans ground level surfaces, mapping items such as curbs, manholes, signs, poles, and other features at a fraction of the cost of traditional mobile mapping systems. The Stencil platform helps enable city planning for infrastructure improvements as well as parking and traffic management. The 3D data generated by Stencil 2-32 can be utilized for a range of applications ...
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2019-07-11

Velodyne Lidar Supports Idriverplus’s Smart Autonomous Vehicles

Velodyne Lidar announced that Idriverplus, a China-based company who commercialized driverless technology, is using Velodyne’s groundbreaking LiDAR sensors in a range of autonomous driving products. Velodyne has strategically teamed with Idriverplus to help Idriverplus with its efforts for mass production of commercial autonomous vehicles, which include street cleaners, passenger cars, and logistics vehicles. Velodyne LiDAR sensors are used in all Idriverplus self-driving vehicles, providing rich computer perception data that allows real-time object and free space ...
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With up to 2000lm per LED, LUXEON 7070 delivers the power, efficacy and solution cost reductions luminaire manufacturers need   San Jose, CA – August 31, 2021 – More lumens, higher efficacy, and lower system costs are the... READ MORE

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