Velodyne Lidar Provides Perception Technology for ROBORACE Autonomous Racing Series
December 17 2021 - 6:48AM
Business Wire
Velodyne Official Lidar System Provider in
Next Generation ROBORACE Vehicles
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced
ROBORACE, the world’s first autonomous car racing series, has
selected Velodyne as the official lidar sensor provider in its next
generation vehicles. ROBORACE will use Velodyne‘s solid-state
Velarray H800 sensors in its electric-powered autonomous race cars
for the Season One championship series, which is set to begin in
2022.
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ROBORACE, the world’s first autonomous
car racing series, has selected Velodyne Lidar as the official
lidar sensor provider in its next generation race cars. (Photo
Credit: ROBORACE)
The Velodyne and ROBORACE engineering teams have been working
collaboratively on the race car development project. The Velarray
H800 was the clear choice of the ROBORACE engineering and design
team due to Velodyne’s technical prowess, sensor performance and
reliability, and trust across the industry.
“At ROBORACE, we are always searching for the best technology to
build into our race cars and Velodyne has one of the best products
available on the market,” said Chip Pankow, Chief Championship
Officer, ROBORACE. “The Velarray will help our cars achieve safe
navigation and collision avoidance in competitive autonomous
racing.”
ROBORACE was created to accelerate development of autonomous
driving systems by pushing the technology to its limits in a range
of safe, controlled environments. ROBORACE provides the platform,
organization and support while racing teams are responsible for
their own code and strategy. Season One of the ROBORACE
Championship will feature multi-agent racing and Metaverse elements
with each competition designed to provide a variety of challenges.
There are commercial and university racing teams in the
competition.
“ROBORACE is a proving ground for the next generation of
mobility by putting self-driving technologies to the test in
performance racing,” said Sinclair Vass, Chief Commercial Officer,
Velodyne Lidar. “With its long-range perception and broad field of
view, the Velarray H800 is a great fit for ROBORACE’s autonomous
race cars. We look forward to continuing to collaborate with
ROBORACE in advancing innovation in the sport of racing.”
Velodyne‘s Velarray H800 is a solid-state lidar sensor
architected for automotive-grade performance. The sensor is built
using Velodyne’s breakthrough proprietary micro-lidar array (MLA)
architecture. The Velarray H800 allows for outstanding detection of
peripheral, near-field and overhead objects while addressing corner
cases on sloping and curving roads. It is designed for safe
navigation and collision avoidance in advanced driver assistance
systems (ADAS) and autonomous mobility applications.
About ROBORACE
ROBORACE is the world’s first motorsport competition of
full-size AI-racing robots in a mixed reality where coding teams
from different countries all go for the win. In 2019, the Season
Alpha series held six events that drove over 36 million
multi-channel video views. ROBORACE also set the Guinness World
Record for having the fastest autonomous car in the world. The
Robocar reached a speed of 282.42 km/h (175.49 mph). In September
2020, ROBORACE commenced its Season Beta series with six competing
teams taking place at various locations, featuring 12 races.
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, the global leader in lidar, is known 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, and 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. For more information about risks
and uncertainties associated with Velodyne’s business, please refer
to the “Management’s Discussion and Analysis of Financial Condition
and Results of Operations” and “Risk Factors” sections of
Velodyne’s SEC filings, including, but not limited to, its annual
report on Form 10-K and quarterly reports on Form 10-Q. All
forward-looking statements in this press release are based on
information available to Velodyne as of the date hereof, 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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