Velodyne LiDAR Demonstrates World’s Most Capable LiDAR for Autonomous Vehicles at SmartDrivingCar Summit

SAN JOSE, Calif.–(BUSINESS WIRE)–#velodynelidar–Velodyne LiDAR Inc. today announced it is sponsoring the SmartDrivingCar
Summit, which takes place on May 16-17 in Princeton, N.J. and brings
together buyers, sellers and facilitators of autonomous cars, trucks and
buses. At the conference, Velodyne LiDAR will discuss and demonstrate
LiDAR technology that is primed to lead the autonomous revolution to
highway speeds.

The SmartDrivingCar Summit looks at the economic forces behind
deployment and commercialization of autonomous vehicle technology –
supply, demand and public oversight. The event is co-chaired by
Professor Alain Kornhauser of Princeton University and features a mix of
academic, industry and government speakers with each session packed with
multiple experts.

“High-resolution, long-range LiDAR is critical to navigate autonomous
cars and provide vehicle safety,” said John Eggert, Director, Automotive
Sales & Marketing at Velodyne LiDAR. “With an unmatched combination of
high resolution, long range, and wide field of view, the Velodyne
VLS-128 is positioned to be the world’s most capable LiDAR, providing
the leading perception to accelerate the development of driverless cars.”

The summit will feature a live automotive demonstration of the Velodyne
VLS-128™, which is on its way to become the new standard for fully
autonomous cars and cars equipped with advanced safety features since
its introduction in November 2017. The success of the Velodyne VLS-128
is due in part to the unchallenged quantity of data it produces in real
time at top speed. It has up to 0.1 degree image resolution at up to
300-meter range.

At the summit, Eggert will speak at two conference sessions. During his
presentations, Eggert will review the advances in the evolving
state-of-the-art in LiDAR technology, and also discuss near-term
technological opportunities and challenges in autonomous vehicle
technology.

“SmartDrivingCars …Buses & …Trucks will disrupt and revolutionize
mobility for communities, corporations and consumers,” said Professor
Kornhauser. “The SmartDrivingCar Summit aims to accelerate the
commercialization and deployment of SmartDriving technology, so society
can begin to capture its benefits. The conference brings together
industry leaders, such as Velodyne LiDAR, that are working to achieve
safety, convenience and mobility for all.”

About Velodyne LiDAR

Founded in 1983 and headquartered in Silicon Valley, Velodyne is a
technology company known worldwide for its real-time 3D LiDAR computing
and software platforms. The company evolved after founder David Hall
invented the HDL-64 Solid-State Hybrid LiDAR sensor in 2005. Since then,
Velodyne LiDAR Inc. emerged as the unmatched market leader of real-time
3D vision systems used in a variety of commercial applications including
autonomous vehicles, vehicle safety systems, mobile mapping, aerial
mapping, and security. Its products range from the high-performance,
surround view Ultra-Puck™ VLP-32, classic HDL-32/64 and cost-effective
VLP-16, the new VLS-128, to the upcoming, hidden Velarray™. Velodyne’s
rich suite of perception software and algorithms are the key enablers of
its perception systems. Velodyne supports customers from offices in San
Jose, Detroit, Frankfurt, and Beijing. For more information, visit http://www.velodynelidar.com.

Contacts

Velodyne LiDAR Inc.
Cesar A. Montero Orozco
cmontero@velodyne.com