Lidar-Powered Automated Valet Parking
Solution Enhances Customer Service Quality, Increases Parking
Capacity
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a
multi-year agreement to provide its lidar sensors to Stanley
Robotics for an automated valet parking solution. The innovative
service uses autonomous handling robots to help car parks to
improve the customer experience and increase the number of vehicles
that can be stored.
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All-electric, autonomous parking valet
robot "Stan" by Stanley Robotics, equipped Velodyne Lidar's Puck
sensor (Photo: Stanley Robotics)
Stanley Robotics is working with Velodyne’s Puck and Velarray
M1600 lidar sensors to provide perception and navigation
capabilities that enable its all-electric Stan robot to operate
autonomously and safely. The sensors provide real-time 3D
perception data for localization, mapping, object classification
and object tracking. Velodyne’s power-efficient sensors support
Stan robots in a wide range of challenging environmental
conditions, including varied temperature, lighting and
precipitation.
The Stanley Robotics automated valet parking solution equipped
with Velodyne sensors is already in operation in airports and
finished vehicle logistics in Europe and Japan, with further
deployments expected in 2023, including North America.
“High-performance sensors are key to enabling our autonomous
mobile robots to reliably navigate and maneuver in narrow parking
lanes,” said Mathieu Lips, COO, Stanley Robotics. “Velodyne’s lidar
sensors deliver the performance for Stanley Robotics’ innovative
solutions. This agreement reflects Velodyne's ability to serve the
unique nature and high-level requirements of our use cases. This
partnership with Velodyne also provides Stanley Robotics privileged
access to best-in-class technology in the field of lidar
sensors.”
“Stanley Robotics is transforming logistics for vehicles with
its autonomous mobile robot technology,” said Laura Wrisley, Senior
Vice President, Worldwide Sales, Velodyne Lidar. “Equipped with
Velodyne’s lidar sensors, Stan robots provide the precision needed
to safely move, park and deliver cars where and when customers need
them. This advanced system aligns with efficiency and
sustainability goals of car park operators, parking cars in dense
blocks and relieving the need to add costly new parking areas.”
Stanley Robotics is partnered with Mitsubishi Heavy Industries,
Ltd. (MHI) to deliver business opportunities in Japan and
Asia-Pacific and collaborate on future industrial projects. The
initiative combines Stanley Robotics’ advanced expertise in
autonomous mobile parking robots and MHI’s industrial power. Also,
MHI invested in Stanley Robotics technology to accelerate the
delivery of value to customers.
Transforming Car Parks with Advanced Technology
Using the Stanley Robotics parking service, equipped with
advanced autonomy technology utilizing Velodyne’s lidar, drivers
leave their vehicles at a dedicated drop-off/pick-up area where the
robot takes the car to a secure parking area not open to the
public. When customers return, the car is waiting in the designated
area, providing drivers with significantly enhanced convenience.
The Stanley Robotics automated valet parking service, powered by
Velodyne’s lidar, enables efficient use of limited parking space at
airports, shopping malls and more, fitting more vehicles in a
single line just centimeters apart. Car parks can then increase the
number of cars in a given area by up to 50 percent.
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 robotics, industrial, intelligent
infrastructure, autonomous vehicles and advanced driver assistance
systems (ADAS). Through continuous innovation, Velodyne strives to
transform lives and communities by advancing safer mobility for
all.
About Stanley Robotics
Stanley Robotics is a deep tech company that combines hardware
and software to provide solutions for outdoor logistics. The
technology lies in a robot lifting and moving cars autonomously and
in an intelligent storage management software. Robotics has
transformed indoor logistics (e.g., in warehouses), resulting in a
spectacular increase of productivity. Stanley Robotics’ ambition is
to bring this transformation to outdoor logistics with their
proprietary technologies. Founded in 2015, the SME is headquartered
in Paris, France, and is also behind the world's first outdoor
robotic valet parking service. For more information, visit
https://stanley-robotics.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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version on businesswire.com: https://www.businesswire.com/news/home/20220927005439/en/
Investor Relations Jim Fanucchi Darrow Associates, Inc.
InvestorRelations@velodyne.com
Media Jane Maynard Velodyne Lidar PR@velodyne.com
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