SAN JOSE, Calif. (December 14, 2022) – Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) will demonstrate its revolutionary lidar sensors and software at CES 2022 in the Las Vegas Convention Center Tech East, West Hall – booth #6005. Velodyne will highlight how its lidar technology powers autonomous solutions that bring safety, sustainability, efficiency and privacy benefits.
Velodyne will host an in-booth press conference, featuring CEO Dr. Ted Tewksbury, on January 5 at 11:45 a.m. PST. Velodyne will showcase how it is the only lidar company today, through its cutting-edge hardware and software solutions, that can provide a full circle of autonomy and safety across of a wide range of markets, including automotive, industrial, infrastructure and robotics.
“CES attendees can see Velodyne’s broad sensor and software portfolio and high-performing lidar technology. We are demonstrating how our lidar-based autonomous technology is shaping the future of the automotive, industrial and robotics sectors and helping create sustainable and efficient infrastructure. With our ability to manufacture at scale, we are positioned to capitalize on the first wave of mass commercialization of lidar solutions,” said Dr. Tewksbury.
At the Velodyne booth, exhibitors, customers and industry partners will have the opportunity to hear from Velodyne’s executives and technical experts about how the company’s sensors and software democratize lidar-based safety and autonomy. Among the products Velodyne will showcase are:
The booth will feature products and presentations from customers and partners that are using Velodyne’s lidar technology in a range of transformative solutions including automotive, logistics, mapping, robotics, traffic monitoring, vegetation management and more. The autonomous solution demonstrations are:
Bluecity solutions facilitate the improvement of road safety and mobility in the road networks by providing real-time traffic data and analytics using innovative technology. The company developed AI-powered software integrated with Velodyne’s lidar sensors to monitor traffic networks, generate real-time traffic data and analytics. Bluecity will be showcasing their AI technology at Velodyne’s Intelligent Infrastructure Solution (IIS) demo in the booth.
EasyMile driverless technology is at the core of award-winning solutions for mobility, intralogistics and more. At the Velodyne booth will be TractEasy, the company’s tow-truck autonomous solution that optimizes supply chains with cross/indoor-outdoor, 24/7 material handling at airports, factories and industrial sites.
Emesent is a leader in lidar-based drone autonomy and mapping, with a focus on underground mining and industrial asset inspection. The company’s Hovermap product is a versatile and intelligent lidar scanner that makes mapping of inaccessible areas safe, easy and fast. The Hovermap will be integrated with a Boston Dynamics Spot robot at the Velodyne booth.
Exyn Technologies has pioneered autonomous aerial robot systems for complex, GPS-denied environments. The company’s full-stack solution enables flexible deployment of single or multiple robots that can intelligently navigate and dynamically adapt to complex environments in real time. Exyn will introduce a new pilotless drone designed for autonomous flight in high-risk environments and will be demonstrating their solution at the Velodyne booth.
MOBILTECH provides a 3D spatial information service that uses mapping, localization, perception and sensor fusion technologies. The company offers a portfolio of 3D mapping scanners, which include Velodyne’s lidar sensors, that can be deployed in vehicle, handheld and unmanned aerial vehicle (UAV) mode. MOBILTECH will offer a presentation at the Velodyne booth during the conference.
Navya will demonstrate its Autonom Shuttle, a revolutionary first and last mile travel solution. Autonomous, electric and shared, the shuttle serves cities and private sites around the world by providing ever more fluid mobility. With neither a steering wheel nor pedals, Autonom Shuttle is at the cutting edge of multi-sensor technology, including Velodyne’s lidar, which allows it to interact in real time with its environment.
Renu Robotics is an industry leader in autonomous vegetation management systems. The company’s Renubot is a fully autonomous, all-electric mower that helps solar and energy facilities cut costs, time and carbon emissions, while maintaining the grounds for maximum performance of the facility. A Renubot will be on display at the Velodyne booth.
Roborace will demonstrate its DevBot 2.0, an all-electric, autonomous vehicle that includes Velodyne’s lidar sensors. Roborace is the world’s first competition for human + machine teams to test the development of their automated driving systems.
The Boston Dynamics Spot mobile robot can navigate terrain with unprecedented mobility, allowing companies to automate routine inspection tasks and data capture safely, accurately and frequently. At CES, Velodyne will demonstrate Spot integrated with Emesent’s Hovermap lidar scanner.
Twinny develops and manufactures indoor AI autonomous driving robots. Twinny’s product family includes NarGo, a fully autonomous freight robot that carries heavy goods while following a person in a retail or warehouse environment. It also includes NarGo Follower, a freight robot that follows NarGo, providing additional freight-moving capacity. Twinny will offer a presentation at the Velodyne booth during the conference.
At the CES conference, Christina Aizcorbe, Velodyne’s Vice President of Government Affairs, will speak on a panel that will explore how transportation technologies are a key driver to increase safety, accessibility and mobility for all travelers. Ms. Aizcorbe will discuss how lidar-based transportation solutions can advance accessibility efforts and also support safety, sustainability and efficiency. The session, called “Leveraging Technology for Transportation Equity,” takes place on January 6 at 11:00 a.m. PST at LVCC, West Level 2, W213-215.
This press release contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, and competition. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “can,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include uncertainties regarding government regulation and adoption of lidar, the uncertain impact of the COVID-19 pandemic on Velodyne’s and its customers’ businesses; Velodyne’s ability to manage growth; Velodyne’s ability to execute its business plan; uncertainties related to the ability of Velodyne’s customers to commercialize their products and the ultimate market acceptance of these products; the rate and degree of market acceptance of Velodyne’s products; the success of other competing lidar and sensor-related products and services that exist or may become available; uncertainties related to Velodyne’s current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne’s intellectual property; and general economic and market conditions impacting demand for Velodyne’s products and services. For more information about risks and uncertainties associated with Velodyne’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Velodyne’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to Velodyne as of the date hereof, Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.