May Mobility Selects Velodyne Lidar as Long-Range Lidar Provider
December 16 2020 - 7:00AM
Business Wire
Velodyne Provides Alpha Prime™ Sensors for
Self-Driving Shuttles
Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced a sales
agreement for Alpha Prime™ sensors with May Mobility, a pioneer in
autonomous vehicle (AV) technology. May Mobility selected Velodyne
as a provider of long-range, surround view lidar sensors for its
entire growing fleet of self-driving shuttles.
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May Mobility selected Velodyne Lidar as a
provider of long-range, surround view lidar sensors for its entire
growing fleet of self-driving shuttles. (Photo: May Mobility)
Velodyne’s Alpha Prime is a next generation lidar sensor that
utilizes Velodyne’s patented 360-degree surround view perception
technology to support safe, high-performance autonomous mobility. A
result of more than ten years of lidar innovation and testing, the
Alpha Prime supports precise, reliable navigation in real-time
autonomous operation in urban and highway environments. The sensor
detects and tracks vehicles, pedestrians and other obstructions to
help autonomous vehicles safely navigate at various speeds,
traveling night and day in a range of road conditions such as rain,
sleet and snow.
“Velodyne Lidar is a valued partner and we’ve chosen their
long-range, surround view lidar sensors because they integrate well
with our AV systems. This will allow us to continue to improve the
overall operation and safety of our shuttles, and expand the
capabilities of our vehicles into a wider range of operational
design domains,” said Edwin Olson, co-founder and CEO of May
Mobility.
May Mobility is actively operating autonomous vehicle shuttles
today in Grand Rapids, Mich. and has provided more than 265,000
safe AV rides for consumers since 2018. Upcoming planned
deployments in 2021 include those in Arlington, Texas and
Higashi-Hiroshima City, Japan.
“May Mobility’s innovative autonomous technology is helping
transform urban mobility by delivering safe, accessible
transportation services,” said Anand Gopalan, CEO, Velodyne Lidar.
“May Mobility is demonstrating how Velodyne’s lidar sensors help
make self-driving shuttles safe and efficient, positioning them to
close public transit gaps and bottlenecks.”
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 May Mobility
May Mobility is unlocking a better life today through
self-driving transportation. We deliver solutions that work in
today’s communities to accelerate the path toward a future where
people can drive less and live more. The company’s goal is to
realize a world where self-driving systems increase the reliability
of transportation, make the roads much safer, and encourage better
land use in order to foster more green, vibrant, and livable
spaces. For more information, visit maymobility.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," "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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Investor Relations Andrew Hamer Chief Financial Officer
InvestorRelations@velodyne.com
Media Landis Communications Inc. Sean Dowdall (415)
286-7121 velodyne@landispr.com
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