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Velodyne Lidar (NASDAQ: VLDR, VLDRW) will exhibit its lidar solutions at Auto Guangzhou 2021 from November 19-21 in Guangzhou, China. The event theme is “New Technology, New Life,” highlighting advancements in automotive technology. At the booth, Velodyne will showcase its Alpha Prime and Velarray lidar sensors, demonstrating features like long-range perception, sensor clarity, and suitability for various applications including autonomous mobility and smart cities. Velodyne aims to enhance safe mobility through innovation while providing cost-effective lidar solutions to the Chinese market.
Velodyne Lidar (NASDAQ: VLDR, VLDRW) has issued a statement regarding the ongoing campaign by David and Marta Thoma Hall to nominate candidates for its Board of Directors. The company accuses the Halls of self-serving motives, misrepresentation, and a history of misconduct, including allegations of stealing confidential information. Velodyne urges stockholders to focus on the Halls' actions rather than their claims. Stockholders are not required to take any action at this time, and the date for the 2022 Annual Meeting is yet to be announced.
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) will report its third quarter financial results on November 4, 2021, after market close. A conference call is scheduled for 1:30 PM PT (4:30 PM ET) to discuss financial outcomes and business updates. Investors can join the live call at 877-270-2148 or via webcast at investors.velodynelidar.com. An archived version will be available for replay until November 11, 2021.
Velodyne Lidar has announced its Intelligent Infrastructure Solution will be deployed at 25 intersections in Irvine, California as part of a $6 million road network project. The initiative, led by the HORIBA Institute for Mobility and Connectivity, aims to enhance traffic efficiency, road safety, and air quality. Supported by a Department of Energy grant, this project will leverage Velodyne’s lidar technology and AI for real-time traffic monitoring.
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) has entered a multi-year agreement to supply lidar sensors to TOPODRONE, a Swiss company specializing in affordable aerial survey solutions. This collaboration aims to enhance high-precision mapping in various challenging environments, including farms and forests, promoting economic and sustainable development. Velodyne's lightweight and energy-efficient sensors will enable longer flight times for drones. Both companies will exhibit their innovations at INTERGEO 2021 in Hannover, Germany, from September 21 to 23.
Velodyne Lidar (Nasdaq: VLDR, VLDRW) announces that AGM Systems LLC has integrated its Alpha Prime lidar sensor into the AGM-MS5.Prime mobile scanning solution. This enhancement allows for advanced 3D data capture, enabling applications in mapping infrastructure, urban modeling, and smart city development. The AGM-MS5.Prime offers a compact design with high precision, featuring 128 lidar channels and a detection range of up to 300 meters. This collaboration showcases Velodyne's commitment to innovation in the lidar technology sector.
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) has published a white paper via SAE International emphasizing the need for enhanced testing of Advanced Driver Assistance Systems (ADAS) in nighttime conditions, where over 75% of pedestrian fatalities occur. The document highlights that existing systems, primarily utilizing camera and radar technologies, often fail to detect pedestrians in low-light situations. Velodyne's testing showed its lidar-based systems successfully avoided collisions while current models failed. Addressing these performance gaps is critical for improving pedestrian safety.
Velodyne Lidar (NASDAQ: VLDR, VLDRW) will showcase its advanced lidar technologies at the IAA Mobility event in Munich from Sept. 7-12. They will display innovative products like the Velarray H800 and Velabit™, demonstrating their leadership in autonomous applications for safer mobility and smart city infrastructure. The press event on Sept. 6 will feature insights from executives on how Velodyne's sensors enhance performance for infrastructure and mobile applications. Partners NI and Seoul Robotics will also exhibit solutions leveraging Velodyne's lidar technology.
Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW) announces its participation in two significant September conferences. The first is Citi's 2021 Global Technology Virtual Conference on September 15, 2021, at 10:30 am ET, followed by the Evercore ISI AUTOTECH & AI FORUM on September 22, 2021, at 2:00 pm ET. Management will also conduct individual and small group meetings on the same days. Interested parties can access live and archived audio webcasts on Velodyne's investor relations website.
