Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced Dr. Mircea
Gradu, the company’s Senior Vice President of Product and Quality,
is the featured speaker at a Hexagon | AutonomouStuff webinar on
how lidar solutions can enhance safety in consumer vehicles.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201208005231/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.)
The free webinar, called “Automotive-grade solid-state lidar for
ADAS and autonomy: Velodyne Velarray H800,” takes place on December
15, 2020 at 2:00 p.m. EST. It is being moderated by Nicole Waier,
Vice President, Worldwide Sales and Business Development,
AutonomouStuff. To register, please click here.
The webinar will focus on the Velarray H800, Velodyne’s newly
launched solid state lidar sensor designed for safe navigation and
collision avoidance in advanced driver assistance systems (ADAS)
and autonomous mobility applications. 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 Velarray H800 is a key technology that will be
used in systems for powerful vehicle safety, including for
Automatic Emergency Braking, Lane Keep Assist and Adaptive Cruise
Control.
The webinar will also cover Velodyne’s Pedestrian Automated
Emergency Braking (PAEB) solution, which combines proprietary
software, called Vella™, with Velodyne’s lidar sensors. Recent
pedestrian crash statistics highlight an opportunity for PAEB
systems to save thousands of lives annually by improving
performance in dark conditions. According to the National Highway
Traffic Safety Association, in 2018, 76% of the 6,283 total
pedestrian crash fatalities in the U.S. occurred in dark
conditions. Adding lidar can help address the risks that current
PAEB systems present in frequently failing to protect pedestrians
in dark conditions.
To demonstrate how PAEB systems can be achieved by utilizing
lidar, Velodyne tested its lidar-based PAEB system against a
highly-rated PAEB system built around camera and radar. In these
nighttime conditions, the camera and radar-based PAEB system failed
in all five scenarios while the lidar-based system avoided a crash
in every situation tested. The combination of Velarray lidar data
and Vella processing software dramatically improves PAEB
performance, addressing a use case that causes thousands of
pedestrian fatalities annually, and strengthening the vehicle’s
functional safety achievements. For more information on the
testing, please see Velodyne’s recently issued white paper
regarding PAEB here.
“Lidar is an essential building block in creating advanced
driving systems that improve vehicle, passenger and pedestrian
safety. Webinar attendees can hear from a leading industry
authority on how the Velarray H800 lidar sensor can help make cars
and roadways safer for everyone,” said Waier, Vice President,
Worldwide Sales and Business Development, AutonomouStuff.
“This webinar will discuss how automakers can significantly
improve effectiveness and efficiency of vehicle driver-assist
features and full autonomy by employing the Velarray H800. The
sensor provides a revolutionary approach to making vehicles smarter
and safer,” said Gradu.
Gradu leads Velodyne’s efforts to design, develop and
manufacture world-class products compliant with international
quality standards and is the 2018 President and Chairman of the
Board of the Society of Automotive Engineers (SAE) International.
He also is a Professor in the Mechanical and Aerospace Engineering
Department at University of California Irvine (UCI), a member of
UCI’s Institute for Transportation Studies Leadership Council and a
FISITA Council member (International Federation of the Automotive
Engineering Societies).
The Velarray H800 boasts outstanding range, field of view and
resolution to support advancements in ADAS and autonomy, from Level
2 to Level 5. The sensor’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. It is
architected for automotive grade performance and built using
Velodyne’s breakthrough proprietary micro-lidar array architecture
(MLA).
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
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," “can,” "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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version on businesswire.com: https://www.businesswire.com/news/home/20201208005231/en/
Landis Communications Inc. Sean Dowdall (415) 286-7121
velodyne@landispr.com
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