Press release

Velodyne Achieves Half a Billion Dollars in Lidar Sensors Shipped

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Velodyne
has shipped a cumulative total of 30,000 lidar sensors with a total
value of half a billion dollars. This achievement underscores Velodyne’s
lidar market leadership and ability to deliver a broad portfolio of
lidar sensor products at mass production levels.

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Velodyne Alpha Puck™ is a lidar sensor specifically made for autonomous driving and advanced vehicle ...

Velodyne Alpha Puck™ is a lidar sensor specifically made for autonomous driving and advanced vehicle safety at highway speeds. (Photo: Business Wire)

Velodyne is the highest volume supplier of lidar sensors to the
automotive industry with more than 250 customers globally. Lidar sensors
are a central component of autonomous vehicles (AVs) and advanced driver
assistance systems (ADAS). Velodyne’s sensors are used in a myriad of
new technologies and rapidly growing industries, including unmanned
aerial vehicles, delivery services, mapping, industrial safety,
robotics, security, marine uses, and more.

“We broke through this milestone because the Velodyne team develops the
smartest, most powerful lidar solutions. Velodyne created the world’s
first in-house automated manufacturing processes to produce
automotive-grade lidar products at scale,” said David Hall, CEO and
Founder, Velodyne Lidar, Inc.

Velodyne’s product portfolio meets the needs for autonomy and driver
assistance, providing the real-time perception data that enables safe
and reliable operation. Velodyne produces both directional and
surround-view sensors with best-in-class range and resolution. The rich
computer perception data provided by these sensors allows immediate
object and free space detection for safe navigation.

Velodyne’s manufacturing operations include a 200,000 square foot
megafactory in San Jose, Calif., where highly-automated robotic assembly
techniques are utilized to build a range of sensors. Invented by
Velodyne, these revolutionary manufacturing systems form the foundation
of the company’s mass production capabilities. Velodyne is also scaling
production by licensing core lidar technology to Tier 1 supplier Veoneer
for a long-term, high-volume manufacturing agreement with a global
automaker.

About Velodyne Lidar

Velodyne
provides the smartest, most powerful lidar solutions for autonomy and
driver assistance. Founded in 1983 and headquartered in San Jose,
Calif., Velodyne is known worldwide for its portfolio of breakthrough
lidar sensor technologies. In 2005, Velodyne’s Founder and CEO, David
Hall
, invented real-time surround view lidar systems,
revolutionizing perception and autonomy for automotive, new mobility,
mapping, robotics, and security. Velodyne’s high-performance product
line includes a broad range of sensing solutions, including the
cost-effective Puck™,
the versatile Ultra
Puck™
, the perfect for L4-L5 autonomy Alpha
Puck™
, the ultra-wide angle VelaDome™,
the ADAS-optimized Velarray™,
and the groundbreaking software for driver assistance, Vella™.
To learn more about lidar, please visit Velodyne’s Lidar
101 webpage
.