Velodyne Lidar Announces Sales Agreement with Baidu

Velodyne Lidar Announces Three-Year Sales Agreement with Baidu SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced a three-year sales agreement with Baidu for its Alpha Prime™ lidar sensors. The Alpha Prime sensors will be utilized for autonomous applications. Velodyne’s low-cost, high-scale manufacturing delivers attractive pricing for Baidu and its Apollo partners. Baidu and Baidu’s Apollo program, an open-source autonomous vehicle software […]

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Nikon Corporation Invests $25 Million in Velodyne Lidar

SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (Velodyne), the inventor and leader of the lidar sensor industry for autonomous vehicles (AV), today announced Nikon Corporation (Nikon) as a new strategic investor with an investment of $25M. This is certainly a vote of confidence in Velodyne’s technology. The parties further announced they have begun discussions for a multifaceted business alliance. Nikon is […]

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