Available in Affordable Mass Quantities,
Velarray H800 is the First in a Family of Solid State Sensors to
Enhance Automakers’ Safety Features
Velodyne Lidar, Inc. (Nasdaq: VLDR) today debuted its latest
innovation in its broad array of lidar sensors, the Velarray H800.
The solid state Velarray H800 is architected for automotive grade
performance and built using Velodyne’s breakthrough proprietary
micro-lidar array architecture (MLA). With combined long-range
perception and a broad field of view, this sensor is designed for
safe navigation and collision avoidance in advanced driver
assistance systems (ADAS) and autonomous mobility applications. The
Velarray H800’s compact, embeddable form factor is designed to fit
neatly behind the windshield of a truck, bus or car, or be mounted
seamlessly on the vehicle exterior. The Velarray H800 will be
available at high-volume production levels with a target price of
less than $500 to drive broad adoption in consumer and commercial
vehicle markets.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201113005108/en/
Velodyne Lidar’s Velarray H800 solid
state lidar sensor is designed for safe navigation and collision
avoidance in ADAS and autonomous mobility applications. (Photo:
Velodyne Lidar, Inc.)
“Velodyne’s launch of the Velarray H800 lidar sensor, which is
the first in a family of solid state lidars we will be releasing
publicly, is important to automakers for three reasons,” said Anand
Gopalan, Velodyne Lidar CEO. “First, the Velarray H800 was
specifically designed for high volume automotive applications with
feedback from leading OEM customers. It uses Velodyne’s global
network of high-quality manufacturing partnerships that provide the
high quantity automakers need. Second, Velodyne’s proprietary
technology and experience, combined with our manufacturing
capacity, allow us to offer the sensor at a price that makes
economic sense for automakers. Third, the world needs enhanced
safety in consumer vehicles and the Velarray product line makes
that available to end consumers creating safer roadways and cars
for all.”
The Velarray H800 can help automakers design ADAS solutions that
help reduce traffic accidents as well as injuries and deaths of
drivers, passengers, bicyclists and pedestrians. The World Health
Organization reports that annual deaths caused by traffic crashes
have reached 1.35 million globally.
“We want to help build the public’s trust in automated vehicle
systems,” Marta Hall, Velodyne founder and CMO, commented. “We
believe the Velarray H800 is the first of many lidar sensors that
will be used in systems for powerful vehicle safety. Velodyne is
introducing it as a key sensor for systems designed as building
blocks for vehicle safety. Once the public experiences the benefits
of reliable automated safety systems, they will welcome more
products like this. We can save lives with ADAS.”
The Velarray H800 boasts outstanding range, field of view and
resolution to support advancements in autonomy and ADAS, from Level
2 to Level 5. This spans the entirety of ADAS features from Lane
Keep Assist and Automated Emergency Braking, all the way to the top
levels of automated driving. The compact, low cost sensor can be
paired with Velodyne’s Vella software suite, enabling the full
spectrum of safety features.
The efficacy of lidar in creating robust and feature-rich ADAS
has been acknowledged across the auto industry in the past few
years. Proprietary testing indicated superiority of the
Velarray-based solution where a traditional camera and radar system
failed. Please see Velodyne’s recently issued white paper regarding
Pedestrian Automatic Emergency Braking (PAEB) here.
With a field of view of 120 horizontal degrees by 16 vertical
degrees, the Velarray H800 allows for outstanding detection of
peripheral, near-field, and overhead objects while addressing
corner cases on sloping and curving roads. The Velarray H800
provides perception data at a range of up to 200 meters, supporting
safe stopping distances even at highway speeds. Featuring a
configurable frame rate, the Velarray H800 offers the rich point
cloud density required for high resolution mapping and object
classification tasks.
Drawing on insights gained from going public, Gopalan commented,
“During meetings with investors over the past several months, I
have received many questions about Velodyne’s solid state roadmap.
The fact is that Velodyne has offered solid state lidar sensors for
more than two years, but we’ve used the term ‘directional’ sensors
to describe Velodyne’s solid state lidar technology. With the
introduction of the Velarray H800, we saw the opportunity to
demonstrate how Velodyne’s lidar technology prowess spans many form
factors and applications. Velodyne wants to improve roadway safety
by making all vehicles smarter. That’s why we are working so hard
to provide ADAS technology that can be implemented in the
marketplace now. You will soon see more of our sensors and software
product releases, offering building blocks of vehicle safety for
the public.”
The Velarray H800 is Velodyne’s first new sensor to be launched
since the company went public on September 30, 2020. The sensor
kicks off the next generation of the company’s solid state lidar
portfolio. It complements and leverages Velodyne’s expertise in
innovating, building and delivering lidar technology.
About Velodyne Lidar
Velodyne Lidar (NASDAQ: VLDR) ushered in a new era of autonomous
technology with the invention of real-time surround view lidar
sensors. Velodyne is the first public pure-play lidar company and
is known worldwide for its broad portfolio of breakthrough lidar
technologies. Velodyne’s revolutionary sensor and software
solutions provide flexibility, quality and performance to meet the
needs of a wide range of industries, including autonomous vehicles,
advanced driver assistance systems (ADAS), robotics, unmanned
aerial vehicles (UAV), smart cities and security. Through
continuous innovation, Velodyne strives to transform lives and
communities by advancing safer mobility for all. For more
information, visit www.velodynelidar.com.
Forward Looking Statements
Statements in this release may contain “forward looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995
including, without limitation, all statements other than historical
fact and include, without limitation, statements regarding
Velodyne’s target markets, new products, development efforts,
competition. When used in this press release, the words
“estimates,” “projected,” “expects,” “anticipates,” “forecasts,”
“plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,”
“can”, “future,” “propose” and variations of these words or similar
expressions (or the negative versions of such words or expressions)
are intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future
performance, conditions or results and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside Velodyne’s control, that could
cause actual results or outcomes to differ materially from those
discussed in the forward-looking statements. Important factors,
among others, that may affect actual results or outcomes include
Velodyne’s ability to manage growth; Velodyne’s ability to execute
its business plan; uncertainties related to the ability of
Velodyne’s customers to commercialize their products and the
ultimate market acceptance of these products; the uncertain impact
of the COVID-19 pandemic on Velodyne’s and its customers’
businesses; uncertainties related to Velodyne’s estimates of the
size of the markets for its products; the rate and degree of market
acceptance of Velodyne’s products; the success of other competing
lidar and sensor-related products and services that exist or may
become available; uncertainties related to Velodyne’s current
litigation and potential litigation involving Velodyne or the
validity or enforceability of Velodyne’s intellectual property; and
general economic and market conditions impacting demand for
Velodyne’s products and services. Velodyne undertakes no obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201113005108/en/
Landis Communications Inc. Sean Dowdall (415) 286-7121
velodyne@landispr.com
Investor Contact: Andrew Hamer Chief Financial Officer
InvestorRelations@velodyne.com
Velodyne Lidar (NASDAQ:VLDR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Velodyne Lidar (NASDAQ:VLDR)
Historical Stock Chart
From Jul 2023 to Jul 2024