SAN JOSE, Calif.–()–Velodyne Lidar, Inc. (Nasdaq: VLDR) as we speak introduced its Velabit™ lidar sensor was named a winner within the Better of What’s New awards by Standard Science. The Velabit, Velodyne’s smallest sensor, brings new ranges of versatility and affordability to 3D lidar notion. It’s a cornerstone answer in Velodyne’s mission to rework lives by advancing protected mobility and sensible communities by way of entry to their progressive lidar applied sciences.

“Standard Science has an esteemed legacy of reporting on groundbreaking improvements and discoveries,” mentioned Anand Gopalan, CEO, Velodyne Lidar. “Velodyne is honored to have the Velabit acknowledged as a number one progressive product by the journal’s editors. With its mixture of efficiency, measurement and value place, the Velabit is a breakthrough sensor that may be a catalyst for a brand new period of autonomous options on a worldwide scale.”

The Velabit is engineered to be an optimum automotive grade lidar answer for Superior Driver Help Methods (ADAS) and autonomous automobiles. It might probably allow strong notion protection for Blind-Spot Monitoring, Cross Visitors Detection, and Pedestrian Automatic Emergency Braking. This mid-range sensor could be mixed with different Velodyne lidar applied sciences, such because the Velarray H800™, for high-speed operation or operate as a standalone lidar answer in low-speed functions. The Velabit will also be built-in with Velodyne’s Vella™ software program suite to assist advance the complete spectrum of car security options.

The Velabit addresses the associated fee, security and design challenges of autonomous options whereas delivering robust sensor efficiency. This solid-state lidar sensor is extremely configurable for specialised use instances and could be embedded nearly anyplace inside automobiles, robots, unmanned aerial automobiles (UAV) and infrastructure. Leveraging Velodyne’s progressive design expertise and manufacturing companions, the Velabit is designed to be simple to fabricate at mass manufacturing ranges.

“The Better of What’s New Awards showcase the yr’s best feats of human ingenuity,” mentioned Standard Science Editor-in-Chief Corinne Iozzio. “Even in a yr like 2020, innovation has helped us glimpse a future that’s safer, smarter, and extra fulfilling than we’d have thought attainable. This assortment, which incorporates every little thing from a brand new technology of Mars explorers to ultra-hygienic print-to-order eyeshadows, is filled with gadgets we’re proud to name the Better of What’s New.”

Since 1988, the editors of Standard Science have reviewed 1000’s of merchandise in quest of the highest 100 tech improvements of every yr – breakthrough merchandise and applied sciences that characterize a major development of their classes. Better of What’s New Awards are offered to 100 new merchandise and applied sciences in 10 classes: Aerospace, Automotive, Engineering, Leisure, Devices, Well being, Dwelling, Private Care, Recreation and Safety.

About Velodyne Lidar

Velodyne Lidar (NASDAQ: VLDR) ushered in a brand new period of autonomous expertise with the invention of real-time encompass view lidar sensors. Velodyne is the primary public pure-play lidar firm and is understood worldwide for its broad portfolio of breakthrough lidar applied sciences. Velodyne’s revolutionary sensor and software program options present flexibility, high quality and efficiency to fulfill the wants of a variety of industries, together with autonomous automobiles, superior driver help methods (ADAS), robotics, unmanned aerial automobiles (UAV), sensible cities and safety. By means of steady innovation, Velodyne strives to rework lives and communities by advancing safer mobility for all. For extra data, go to www.velodynelidar.com.

Ahead Wanting Statements

This press launch incorporates “ahead wanting statements” inside the which means of the “protected harbor” provisions of america Non-public Securities Litigation Reform Act of 1995 together with, with out limitation, all statements apart from historic reality and embody, with out limitation, statements relating to Velodyne’s goal markets, new merchandise, growth efforts, competitors. When used on this press launch, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “could,” “will,” “ought to,” “future,” “suggest” and variations of those phrases or related expressions (or the unfavourable variations of such phrases or expressions) are supposed to determine forward-looking statements. These forward-looking statements should not ensures of future efficiency, circumstances or outcomes and contain a variety of identified and unknown dangers, uncertainties, ‘assumptions and different essential elements, a lot of that are outdoors Velodyne’s management, that would trigger precise outcomes or outcomes to vary materially from these mentioned within the forward-looking statements. Necessary elements, amongst others, which will have an effect on precise outcomes or outcomes embody Velodyne’s potential to handle development; Velodyne’s potential to execute its marketing strategy; uncertainties associated to the flexibility of Velodyne’s prospects to commercialize their merchandise and the final word market acceptance of those merchandise; the unsure affect of the COVID-19 pandemic on Velodyne’s and its prospects’ companies; uncertainties associated to Velodyne’s estimates of the dimensions of the markets for its merchandise; the speed and diploma of market acceptance of Velodyne’s merchandise; the success of different competing lidar and sensor-related services that exist or could change into accessible; Velodyne’s potential to determine and combine acquisitions; uncertainties associated to Velodyne’s present litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne’s mental property; and common financial and market circumstances impacting demand for Velodyne’s services. Velodyne undertakes no obligation to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as required by regulation.



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