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Velodyne Lidar (NASDAQ: VLDR) will participate in the D.A. Davidson Semicap, Laser & Optical Virtual Conference on December 15, 2020. CEO Dr. Anand Gopalan and CFO Drew Hamer will conduct investor meetings during the event, with a presentation available on the company's investor relations website. As a pioneer in lidar technology, Velodyne is recognized for its innovative sensor solutions catering to autonomous vehicles, smart cities, and more. The company is committed to enhancing mobility safety through continuous innovation.
Velodyne Lidar (Nasdaq: VLDR) announced that Dr. Mircea Gradu will speak at a webinar focused on enhancing vehicle safety through lidar solutions. Scheduled for December 15, 2020, this session will highlight the Velarray H800, a new solid-state lidar sensor designed for advanced driver assistance systems (ADAS). The Velarray H800 aims to reduce traffic accidents and improve pedestrian safety, especially under low-light conditions. The webinar will also discuss Velodyne's innovative Pedestrian Automated Emergency Braking (PAEB) system, emphasizing its effectiveness compared to traditional systems.
Velodyne Lidar (Nasdaq: VLDR) has signed a multi-year sales agreement with Local Motors, a digital vehicle manufacturer, to supply lidar sensors for their autonomous shuttle, Olli. The agreement allows Local Motors to utilize Velodyne's Puck™ and Velarray H800 sensors, enhancing the shuttle's safety and navigation capabilities. Olli operates in various locations globally, providing essential transportation solutions. This partnership positions Velodyne strategically within the autonomous mobility market, leveraging their technology for future developments in safety and operational efficiency.
Velodyne Lidar (NASDAQ: VLDR) has launched the Velarray H800, a solid-state lidar sensor designed for automotive applications. This sensor aims to enhance safety in advanced driver assistance systems (ADAS) and autonomous driving. With an expected price point under $500, Velodyne targets high-volume production to facilitate widespread adoption. The Velarray H800 features a broad field of view and can detect objects up to 200 meters, optimizing collision avoidance and navigation. The launch signifies Velodyne's commitment to innovating lidar technology for improved road safety.
Velodyne Lidar (NASDAQ: VLDR) announced its participation in Baird's 50th Annual 2020 Global Industrial Conference on November 12, 2020. CEO Anand Gopalan and CFO Drew Hamer will engage in a fireside chat at 3:10 p.m. EST and conduct investor meetings. Interested parties can schedule meetings via email. Velodyne is recognized as a leader in lidar technology, offering innovative sensor solutions for various industries, including autonomous vehicles and smart cities. Presentation materials are accessible on their investor relations website.
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.
Velodyne Lidar (Nasdaq: VLDR) has entered a sales agreement with LineVision, Inc. to supply high-performance lidar sensors for LineVision's V3 overhead power line monitoring system. This collaboration aims to improve the safety and efficiency of electric utilities by providing real-time monitoring of overhead lines, helping to prevent wildfires and enhance grid reliability. The V3 system identifies operational anomalies such as sagging or damaged lines and allows for Dynamic Line Rating capabilities, optimizing the integration of renewable energy.
Velodyne Lidar (Nasdaq: VLDR) released a white paper advocating for expanded independent performance testing of driver assistance systems in dark nighttime conditions. This initiative aims to address the high pedestrian fatality rate, with over 6,000 deaths annually in the U.S., primarily in low-light situations. The paper highlights how current Pedestrian Automatic Emergency Braking (PAEB) systems often fail in these environments. In tests, Velodyne's lidar-based PAEB system successfully avoided crashes, demonstrating superior safety capabilities compared to traditional camera and radar systems.
Velodyne Lidar (NASDAQ: VLDR) announced it will file a resale registration statement on SEC Form S-1 to register shares of common stock. This filing is necessary for warrant holders to convert warrants into shares of common stock and includes shares related to a former employee’s equity award and Ford Motor Company's investment.
Specifically, the registration will cover 18,657,384 shares for warrant conversion, 13,065,444 shares held by Ford, and approximately 400,000 shares for tax payments. This registration does not imply any sale of shares will occur.
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