Velodyne – Autonomous Driving Collaboration w/ Ford Otosan

Velodyne Lidar Announces Autonomous Driving Collaboration with Ford Otosan Companies Working Together on Autonomous Driving Development and Testing for Heavy Commercial Vehicles SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced it is collaborating with Ford Otosan on product development and testing of autonomous heavy commercial trucks. Ford Otosan is testing and planning to use Velodyne Velarray H800 lidar sensors to enable […]

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Velodyne LiDAR Gears Up for the Autonomous Revolution with Investments from Ford and Baidu

MORGAN HILL, Calif.–(BUSINESS WIRE)–Velodyne LiDAR, Inc., the recognized global leader in Light, Detection and Ranging, or LiDAR technology, today announced the completion of a combined $150 million investment from co-investors Ford Motor Company [NYSE:F] (“Ford”) and China’s leading search engine company Baidu, Inc. [Nasdaq:BIDU] (“Baidu”). The investment will allow Velodyne to rapidly expand the design and production of high performance, […]

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