Velodyne Lidar Announces Autonomous Driving Collaboration with Ford Otosan
December 01 2020 - 8:00AM
Business Wire
Companies Working Together on Autonomous
Driving Development and Testing for Heavy Commercial
Vehicles
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 enable safe
navigation and collision avoidance in next generation vehicles.
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Ford Otosan is testing and planning to
use Velodyne Velarray H800 lidar sensors to enable safe navigation
and collision avoidance in next generation vehicles. (Photo: Ford
Otosan)
Velarray H800 is a powerful solution that can greatly improve
automated safety and advanced driver assistance systems (ADAS).
Designed for automotive-grade performance and durability, the
Velarray H800’s compact, embeddable form factor makes it ideal for
seamless integration in internal and external vehicle mounting
locations.
The Velarray H800 boasts outstanding range, field of view and
resolution to deliver rich point cloud density required for high
resolution mapping and object classification tasks. The sensor will
help Ford Otosan to create superior autonomous driving technology,
addressing edge-cases for driving situations, including curvy
roads, potholes, intersections, on/off ramps, residential areas and
roadways with unclear lane markings. It delivers high performance
during daylight and at night, enabling the detection of vehicles,
pedestrians, bicyclists, motorcyclists and more.
Ford Otosan is already using Velodyne’s Alpha Prime™ lidar
sensors, which provide 360-degree surround-view perception
technology to support autonomous mobility. The Alpha Prime is
specifically made for autonomous driving in complex conditions for
travel up to highway speeds. The combined range, resolution and
field of view in one sensor is designed to enable autonomous
vehicles and ADAS in a wide variety of lighting conditions.
“Autonomous vehicle technology, powered by lidar, can bring
multiple efficiency and safety benefits to the trucking industry,”
said Burak G�kçelik, Assistant General Manager, Ford Otosan. “Our
autonomous driving initiative with Velodyne looks to improve
roadway safety by helping trucks understand and react to
approaching road conditions and surroundings.”
“Ford Otosan has well established commercial vehicle leadership
in Europe and they act as the global engineering center for Ford
Motor Company’s heavy commercial vehicles,” said Erich Smidt,
Executive Director Europe, Velodyne Lidar. “We look forward to
cooperating with Ford Otosan on autonomous driving development and
learning from their use of the Velarray H800 in the trucking
market.”
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.
About Ford Otosan
Ford Otosan, with its annual production capacity of 455,000
vehicles, 70,000 engines and 140,000 powertrains, is the biggest
commercial vehicle production center of Ford in Europe. The company
produces and develops Transit & Tourneo range commercial
vehicles, and also serves as the global engineering &
production center for Ford Trucks heavy commercial vehicles and
their engine systems. The company has all the capabilities and
infrastructure required to design, develop, and test a whole
vehicle, including its engine, from scratch to the complete
commercial product. Ford Otosan (Ford Otomotiv Sanayi A.Ş.) is a
publicly traded company, where Ford Motor Company and Koç Holding
have equal shares. For more information, visit
https://www.fordotosan.com.tr/en
Forward Looking Statements
This press release contains "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," "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; Velodyne's ability
to identify and integrate acquisitions; 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.
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Landis Communications Inc. Sean Dowdall (415) 286-7121
velodyne@landispr.com
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