Press release

Velodyne Showcases World’s Most Advanced Lidar for Autonomous Vehicles at SmartDrivingCar Summit

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Sponsored by Businesswire

Velodyne
Lidar, Inc.
today announced it is sponsoring the SmartDrivingCar
Summit, which takes place on May 15-16 in Princeton, N.J. and brings
together buyers, sellers, and facilitators of autonomous cars, trucks,
and buses. At the summit, Velodyne will discuss and demonstrate their
smart, powerful lidar solutions as an essential technology for
autonomous vehicles (AVs) and advanced driver assistance systems (ADAS).

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Velodyne Lidar provides smart, powerful lidar solutions that are essential technology for autonomous ...

Velodyne Lidar provides smart, powerful lidar solutions that are essential technology for autonomous vehicles (AVs) and advanced driver assistance systems (ADAS). (Photo: Business Wire)

The SmartDrivingCar
Summit
examines the fundamental economic forces of supply, demand,
and public oversight driving deployment and commercialization of vehicle
autonomy. The event is co-chaired by Professor Alain Kornhauser of
Princeton University and features academic, industry, and government
experts discussing the safety benefits of self-driving cars, regulatory
challenges, mobility and community service benefits, and technology.

The summit will feature demonstrations of the Velodyne
Alpha Puck
™, a lidar sensor specifically made for autonomous driving
and advanced vehicle safety at highway speeds, and Velodyne
Velarray™
, the smartest, most powerful lidar for driver assistance.
Velodyne’s lidar sensors deliver an industry-leading combination of long
range, high resolution, and wide field of view. At the summit,
AutonomouStuff will conduct a demonstration of an AV operating with
Velodyne lidar.

“High-resolution, long-range lidar is the most critical sensor for
advancing smart driving mobility,” said John Eggert, Director,
Automotive Sales & Marketing, Velodyne Lidar, who will participate in
workshop sessions during the summit. “Velodyne’s trailblazing sensors
encapsulate over ten years of lidar development and learning from
millions of road miles to meet the entire range of lidar needs for
autonomy and driver assistance. We are the highest volume supplier of
lidar sensors to the automotive industry and have more than 250
customers globally.”

In a summit session, Vidya Devarasetty, Global Automotive Business
Development Manager at Velodyne Lidar, will examine the current
state-of-the-art of lidar technology and the near-term technological
opportunities. The session will discuss how Velodyne sensors provide
rich computer perception data that allows real-time object and free
space detection for safe navigation and reliable operation.

“It is time to move past the hype and accelerate the commercialization
and deployment of SmartDriving technology so society can begin to
capture its benefits,” said Professor Kornhauser. “The SmartDrivingCar
Summit looks to build a welcoming environment for smart mobility for
cars, buses, and trucks. The event gathers thought leaders, such as
Velodyne Lidar, so they can explore how to work together to more quickly
achieve safe, convenient mobility for everyone, especially the mobility
disadvantaged.”

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
.