Rutgers University Selects Velodyne’s
Solution as Cornerstone Technology for New Jersey Department of
Transportation Smart City Project
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today launched its
Intelligent Infrastructure Solution designed to solve some of the
most challenging and pervasive infrastructure problems. This new
solution combines Velodyne’s award-winning lidar sensors and
Bluecity’s powerful artificial intelligence (AI) software to
monitor traffic networks and public spaces. It generates real-time
data analytics and predictions, helping to improve traffic and
crowd flow efficiency, advance sustainability and protect
vulnerable road users.
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Velodyne Lidar launched its Intelligent
Infrastructure Solution designed to solve some of the most
challenging and pervasive infrastructure problems. This new
solution combines Velodyne’s award-winning lidar sensors and
Bluecity’s powerful artificial intelligence (AI) software to
monitor traffic networks and public spaces. (Photo: Business
Wire)
The Intelligent Infrastructure Solution is available now
exclusively from Velodyne. It is already deployed in multiple North
America cities, including in Quebec and British Columbia, with
upcoming installations in New Jersey and more deployments expected
across the United States.
Velodyne also announced a sales agreement with Rutgers Center
for Advanced Infrastructure and Transportation (CAIT) to deploy its
Intelligent Infrastructure Solution equipped with Velodyne’s Alpha
Prime™ lidar sensors. CAIT will install the solution at multiple
intersections in New Brunswick, New Jersey as part of the Middlesex
County – Smart Mobility Testing Ground (MC-SMTG) project in
collaboration with the New Jersey Department of Transportation
(NJDOT). The project will serve as a testbed for mobility
data-gathering, analysis and sharing technologies that will help
implement connected and autonomous vehicle systems in the future.
CAIT selected the Velodyne solution after a rigorous vetting
process, in which they tested other sensor solutions and
competitive lidar systems.
“The acquisition and analysis of mobility data is crucial to
integrating autonomous vehicles, and creating a safer pedestrian
and cycling environment,” said Dr. Ali Maher, professor and
director, Rutgers Center for Advanced Infrastructure and
Transportation. “Velodyne’s Intelligent Infrastructure Solution
captures data on various traffic activity including vehicles,
pedestrians and bicyclists in all types of environmental
conditions. We envision the solution as playing a critical role in
helping us create a safer environment for all road users.”
“There is a growing commitment by governments worldwide to
rebuild outdated transportation infrastructure systems. Leading the
way is the 2.25 trillion-dollar proposal by the Biden
Administration to invest in the modernization of vehicles, roads
and transit systems. As Velodyne looks at a world with connected
and autonomous vehicles, we know that infrastructure will play a
critical role in moving this industry forward,” said Anand Gopalan,
Chief Executive Officer, Velodyne Lidar. “Our solution, powered by
Bluecity's AI-powered traffic monitoring software platform, will be
key in the efforts to transform our roads and transportation
infrastructure into smart cities, paving the way for a more
sustainable, safer future.”
Velodyne’s Solution Transforming Infrastructure
Velodyne’s Intelligent Infrastructure Solution creates a
real-time 3D map of roads and intersections, providing precise
traffic monitoring and analytics. It reliably collects data in any
lighting or weather condition, supporting 24/7, 365 days a year
operation. The solution advances safety through multimodal
analytics that detect various road users including, vehicles,
pedestrians and cyclists. It can predict, diagnose and address road
safety challenges, helping municipalities and other customers make
informed decisions to take corrective action.
The Intelligent Infrastructure Solution is more cost-effective
and easier to install than radar- and camera-based systems. This
lower price point is because a single lidar sensor installed on a
traffic pole can cover an entire intersection or highway section
compared to radar- and camera-based systems that typically need
multiple sensors to cover the same area. The solution works with
Velodyne’s Alpha Prime, Ultra Puck™, Puck™ and Velarray sensors.
Velodyne’s lidar sensors do not identify individuals’ facial
characteristics, a growing concern for civic applications. Lidar
has an advantage in privacy over camera-only systems because lidar
does not record details like hair and skin color.
“Rogers collaborated with Velodyne and Bluecity on a traffic
monitoring system in Kelowna, B.C., which was Canada’s first 5G
smart city project,” said Neel Dayal, Senior Director, Innovation
and Partnerships at Rogers Communications. “The initiative showed
how this lidar-based solution can track near-misses of accidents at
problematic intersections. By using the solution’s data,
municipalities can do the critical work of improving roadway safety
in a cost-effective and efficient way.”
“We are excited to partner with Velodyne in order to bring to
market this breakthrough solution that collects and analyzes
detailed traffic data about road users while preserving anonymity
and trust,” said Asad Lesani, CEO at Bluecity. “We believe that
Velodyne sensors are best-in-class and this solution will be a game
changer for the smart city industry.”
Addressing Critical Transportation Infrastructure
Challenges
Velodyne Lidar’s Intelligent Infrastructure Solution can be used
for:
Safety Analytics. Velodyne’s Intelligent Infrastructure
Solution near-miss analytics can be used to predict, diagnose and
address road safety challenges before the next collision happens.
Today’s camera-based solutions require several cameras per
intersection or identified public area, which typically take longer
processing times to get the final analysis. Traffic studies aren’t
complete if they operate only at certain hours or under certain
conditions.
Traffic Efficiency and Sustainability. Velodyne’s
Intelligent Infrastructure Solution delivers reliable real-time
traffic data to optimize traffic light timing based on congestion
and throughput in all types of weather and lighting conditions. The
solution can cover various road users, including vulnerable
pedestrians and cyclists, whereas current technologies generally
provide data for vehicles only. Also, lidar doesn’t require any
interaction with a person’s cell phone, enabling it to accurately
track people in crowded areas while preserving privacy.
Crowd Analytics. The solution can enable businesses and
cities to improve revenue and infrastructure by providing foot
traffic data analytics to learn about traffic patterns,
congregation areas, congestion points and more. Knowing how people
flow through a building and where they stop along the way is useful
to designers, architects and city planners.
Vehicle to Everything (V2X) Communication. Velodyne’s
Intelligent Infrastructure Solution uses extracted trajectory road
user data around intersections to predict potential collisions,
which can be used to warn connected vehicles via V2X
communications. Vehicle manufacturers can leverage the solution’s
analytics in combination with their on-board safety systems to
reduce accident probability.
Emergency Services. Velodyne’s Intelligent Infrastructure
Solution detects collisions and near-miss incidents in real time to
provide data to emergency response services for faster dispatch in
both urban and rural environments.
Environmental Protection. Velodyne’s IIS can detect
wildlife crossings and help prevent collisions that often result in
substantial personal, environmental and economic losses, including
human injuries, fatalities, loss of wildlife and vehicle
damage.
About Bluecity
Bluecity is a software company that combines artificial
intelligence and lidar sensors to provide accurate, real-time
traffic data for the Intelligent Transportation Systems (ITS)
industry. Built by and for transportation engineers, Bluecity’s
solution uses deep learning to transform raw lidar data into
actionable road usage and safety information. From turning movement
counts, to analysis of near misses between vehicles, pedestrians,
and cyclists, their system reliably detects all road users in any
weather or lighting condition. With their innovative, turnkey
solution, Bluecity makes cities safer and smarter. Visit
bluecity.ai for more information.
About Velodyne Lidar
Velodyne Lidar (Nasdaq: VLDR, VLDRW) 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 uncertainties regarding government
regulation and adoption of lidar, the uncertain impact of the
COVID-19 pandemic on Velodyne's and its customers' businesses;
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 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.
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Velodyne Investor Relations
InvestorRelations@velodyne.com Media Codeword Liv Allen
velodyne@codeword.com
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