Welcome to our dedicated page for Velodyne Lidar news (Ticker: VLDR), a resource for investors and traders seeking the latest updates and insights on Velodyne Lidar stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Velodyne Lidar's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Velodyne Lidar's position in the market.
Velodyne Lidar, Inc. (NASDAQ: VLDR) has launched its Alpha Prime™ sensor, designed for autonomous mobility, featuring 360-degree perception technology. The sensor boasts a 300-meter range, 40-degree vertical field of view, and high-resolution data processing for navigating complex environments. With over 300 customers, including top automotive manufacturers, Velodyne continues to lead in the lidar market. Recently recognized as the "Hardware Supplier of the Year," the Alpha Prime enhances vehicle safety and supports various applications, proving vital for robotaxi companies like Voyage.
Velodyne Lidar (NASDAQ: VLDR) has signed a three-year sales agreement with Baidu for its Alpha Prime™ lidar sensors, aimed at enhancing autonomous vehicle applications. The partnership will leverage Velodyne's cost-effective manufacturing to provide competitive pricing for Baidu and its Apollo partners. Baidu's Apollo program, focused on autonomous vehicle technology, selected the Alpha Prime for its superior range, resolution, and field of view. This agreement strengthens Velodyne's strategic relationship with Baidu, a long-time investor since 2016, as they collaborate on advancing autonomy and safety.
Velodyne Lidar (NASDAQ: VLDR) and RoboSense have established a long-term global cross-licensing relationship concerning 360° surround-view lidar sensors. This agreement encompasses existing and future patents for both companies, promoting product innovation in the lidar market for autonomous vehicles and other applications. Additionally, both firms have resolved all ongoing legal disputes in the U.S. and China, aiming for a collaborative approach to enhance real-time 3D sensing technologies.
Velodyne Lidar (NASDAQ: VLDR) announced it will report its third quarter 2020 financial results on November 5, 2020, after market close. The company will host a conference call that day at 1:30 p.m. PST to discuss its performance and business updates. Velodyne is recognized as a leader in lidar technology with innovations that support various industries, including autonomous vehicles and smart cities. The financial results will provide insights into its operational effectiveness and market position.
Velodyne Lidar, Inc. (Nasdaq: VLDR) has commenced trading on The Nasdaq Global Select Market with its common stock and warrants. As the first public pure-play lidar company, Velodyne is recognized for its extensive portfolio of lidar technologies catering to diverse sectors including autonomous vehicles and smart cities. The company aims to enhance mobility safety and efficiency, supported by its Automated with Velodyne program, helping over 65 partners innovate using its lidar solutions. Velodyne’s CEO, Dr. Anand Gopalan, emphasizes the importance of this milestone for future growth and technology advancement.
Velodyne Lidar, Inc. has successfully completed its business combination with Graf Industrial Corp., resulting in Velodyne becoming a wholly owned subsidiary of Graf, which is now renamed Velodyne Lidar, Inc. The merger was approved by Graf's stockholders during a special meeting. As of September 30, 2020, Velodyne's common stock and warrants will begin trading on The Nasdaq Global Select Market under the ticker symbols VLDR and VLDRW, while Graf's previous listings will cease trading.
