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Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) will participate in Baird's 2022 Vehicle, Technology & Mobility Conference on January 25, 2022. Management is scheduled to present at 12:35 p.m. ET and will also hold individual and small group investor meetings during the event. The presentation slides will be available on the company's investor relations website. Velodyne is renowned for its innovative lidar technologies that serve various industries including autonomous vehicles and smart cities, aiming to enhance safety and mobility.
Velodyne Lidar (NASDAQ: VLDR, VLDRW) has secured a five-year sales agreement with QinetiQ Inc., a leading defense and security company. This collaboration will utilize Velodyne’s lidar sensors to enhance perception and mapping capabilities across QinetiQ’s unmanned ground vehicle (UGV) portfolio. The deal is expected to strengthen QinetiQ's competitive edge in autonomous systems while contributing to the U.S. Department of Defense’s advancement in unmanned vehicles.
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) will participate in the 24th Annual Needham Virtual Growth Conference from January 10-14, 2022. The company’s management is scheduled to present on January 13, 2022, at 2:00 p.m. ET. Investors can access a live and archived audio webcast of the presentation on the company’s investor relations website at investors.velodynelidar.com. Velodyne is recognized for its advanced lidar technologies that promote safer mobility across various industries.
Velodyne Lidar (Nasdaq: VLDR, VLDRW) announces its decision to forgo in-person participation at CES 2022 due to rising COVID-19 cases. Prioritizing safety, the company will host a virtual press conference on January 5 at 11:45 a.m. PST, where CEO Dr. Ted Tewksbury will discuss developments in lidar technology and future visions. Velodyne, a leader in lidar innovations, aims to enhance safety and efficiency across various sectors, including autonomous vehicles.
Velodyne Lidar (NASDAQ: VLDR, VLDRW) has been selected as the official lidar sensor provider for ROBORACE, the first autonomous car racing series. Starting in 2022, the next generation vehicles will utilize Velodyne's Velarray H800 sensors, known for their high reliability and performance. The collaboration reflects Velodyne's strong reputation in sensor technology, aiming to enhance safety and collision avoidance in competitive racing. ROBORACE aims to push the boundaries of autonomous driving systems through innovative racing formats.
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) announced its participation in the 20th Annual J.P. Morgan Tech/Auto Forum during CES 2022, scheduled for January 5, 2021, at 6:40 p.m. ET. The company will present insights on its innovative lidar technologies, which are pivotal for autonomous vehicles, robotics, and smart cities. Audiences can access a live and archived audio webcast of the presentation through Velodyne's investor relations website. With its groundbreaking sensor solutions, Velodyne aims to enhance safety and mobility across various sectors.
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) will showcase its innovative lidar sensors and software at CES 2022 in Las Vegas, emphasizing their role in enhancing safety, efficiency, and sustainability across various industries including automotive and robotics. The company claims to be the sole provider offering comprehensive autonomous solutions supported by its cutting-edge technology. A press conference will occur on January 5 at 11:45 a.m. PST, while several transformative solutions utilizing Velodyne's technology will also be highlighted throughout the event.
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) announced the appointment of Theodore “Ted” L. Tewksbury, Ph.D., as CEO, effective November 10, 2021. Dr. Tewksbury brings over 30 years of technology leadership, previously serving as CEO at Eta Compute and holding key positions at Entropic Communications and Integrated Device Technology. Michael Dee, Chairman, expressed confidence in Tewksbury's ability to advance Velodyne’s innovation and execution priorities. With over 15,000 sensors sold in the past year, Velodyne aims to expand its global presence and drive shareholder value under his leadership.
Velodyne Lidar (NASDAQ: VLDR, VLDRW) announced Q3 2021 results, reporting revenue of $13.1 million, a decrease from Q2's $13.6 million. The company shipped over 4,400 sensor units, maintaining its position in the lidar market with 35 active multi-year agreements and a project pipeline of 220. The leadership transition to Dr. Theodore L. Tewksbury as CEO on November 10, 2021, aims to enhance technology and manufacturing capacity. Velodyne revised its full-year revenue guidance to $60-$63 million, with $324.5 million in cash on hand as of September 30, 2021.
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) announced the appointment of corporate governance expert Virginia Boulet to its Board of Directors, effective November 4, 2021. Boulet brings over 30 years of experience in corporate law and governance, previously serving as a director at Lumen Technologies. This change follows the retirement of co-founder Dr. Joseph B. Culkin, who expressed gratitude for his time at Velodyne. The board aims to enhance its diversity and expertise to drive long-term shareholder value.
