STOCK TITAN

ITS America Webinar Showcases How Lidar-Based Solutions Can Increase Pedestrian Safety

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Velodyne Lidar (NASDAQ: VLDR) partners with the Intelligent Transportation Society of America (ITS America) for a webinar on using lidar technology to enhance pedestrian safety and intelligent mobility in smart cities. Scheduled for November 12, 2020, the webinar will address the rise in pedestrian fatalities, which increased by 53% from 2009 to 2018, according to the Insurance Institute for Highway Safety. Panelists will discuss how lidar solutions are deployed for autonomous vehicles and urban infrastructure to promote safety, mobility, and sustainability.

Positive
  • Partnership with ITS America highlights Velodyne's commitment to enhancing pedestrian safety using lidar technology.
  • The webinar aims to educate stakeholders on the benefits of lidar solutions in promoting safety and mobility.
Negative
  • Rising pedestrian fatality statistics indicate a challenging environment for urban safety, potentially affecting public perception and demand for lidar solutions.

SAN JOSE, Calif.--()--Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced it is joining forces with the Intelligent Transportation Society of America (ITS America) to produce a webinar that will explore how lidar technology can drive intelligent mobility in smart city applications. Velodyne and ITS America are working together to advance progress in autonomous vehicles and smart city solutions with the goal of saving lives, improving mobility and promoting sustainability.

The free webinar, called “A Lidar-Based Approach to Pedestrian Safety,” takes place on November 12, 2020 at 2:00 p.m. EST. To register, please go to the webinar website here.

Between 2009 and 2018, pedestrian fatalities increased by 53% according to the Insurance Institute for Highway Safety. The National Highway Traffic Safety Administration (NHTSA) reports that more than 6,000 pedestrians are killed every year in traffic-related crashes.

To address these problems, lidar-based technologies are being implemented across industries, including for autonomous vehicles, advanced driver assistance and intelligent infrastructure. The webinar panel will discuss how lidar-equipped solutions are being deployed with the goal of saving lives.

The panel is moderated by Amy Ford, Vice President, Policy Programs and Mobility on Demand at ITS America. Webinar panelists are:

“Lidar-based smart city and automated vehicle safety solutions can help save lives, improve mobility and promote sustainability. The panel discussion will share insights on how companies and government organizations are using lidar sensors to enable a new generation of intelligent infrastructure and deployment of autonomous vehicles,” said Ford.

“Webinar attendees can hear from the expert panel how Velodyne’s sensors are used today to advance pedestrian and vehicle safety on the roadways, and improve mobility and efficiency in our communities,” said Sally Frykman, Chief Communications Officer, Velodyne Lidar.

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," "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.

Contacts

Landis Communications Inc.
Sean Dowdall
(415) 286-7121
velodyne@landispr.com

FAQ

What is the purpose of the Velodyne Lidar webinar on November 12, 2020?

The webinar aims to explore how lidar technology can enhance pedestrian safety and intelligent mobility in smart city applications.

What alarming statistic did Velodyne Lidar report regarding pedestrian fatalities?

Between 2009 and 2018, pedestrian fatalities increased by 53%, according to the Insurance Institute for Highway Safety.

Who are the panelists for the Velodyne Lidar webinar?

Panelists include industry experts from Velodyne, Blue City Technology, and NAVYA, moderated by Amy Ford from ITS America.

How does Velodyne Lidar technology contribute to smart city solutions?

Velodyne's lidar technology is deployed in autonomous vehicles and advanced infrastructure to enhance safety, mobility, and sustainability.

VLDR

NASDAQ:VLDR

VLDR Rankings

VLDR Latest News

VLDR Stock Data

300.24M
191.43M
All Other Miscellaneous General Purpose Machinery Manufacturing
Manufacturing
Link
United States
San Jose