Investors
Press release
ProspectSV Welcomes Addition of Velodyne LiDAR Sensor to its ITS Lab
May 29, 2018 | By ALBIE JARVIS

Partners and Clients Now Have Access to Most Advanced LiDAR Technology

SAN JOSE, Calif.–(BUSINESS WIRE)–Prospect Silicon Valley (ProspectSV) announced today that they have added a real-time 3D LiDAR sensor to their Intelligent Transportation Systems Lab, thanks to a generous equipment sponsorship provided by Velodyne LiDAR Inc.

A Velodyne PUCK™ VLP-16 sensor is now installed and operational in the ITS Lab for ProspectSV partners and clients to use for developing mobility and advanced driving assistance applications. Velodyne also will provide advanced training and development support to interested parties utilizing the high-definition, 3D LiDAR of the VLP-16 sensor to improve the cost, convenience and safety of motor vehicles.

Velodyne will leverage ProspectSV’s facilities for demonstration and consultation to deliver sustainable, high-performance product offerings to its growing customer base.

Rajiv Mathur, program manager of all things transportation at ProspectSV, is pictured standing next to the VLP-16 installation in the Intelligent Traffic Systems Lab at the ProspectSV Technology Demonstration Center. (Photo: Business Wire)

“San Jose is our home and we will enthusiastically continue to work with the city of San Jose and Prospect Silicon Valley in both fostering innovative ideas and methods for implementation of intelligent transportation systems,” said John Townsend, Velodyne Technology, Policy, Velodyne LiDAR. “Our goal is to make our community a safer, better, more productive place to live and thrive.”

Capitalizing on the diversity of its ecosystem, which includes leading-edge technology startups, early adopters in both the private and public sectors, transportation and mobility experts in local and state agencies and universities, and partner entrepreneurial support organizations, ProspectSV will provide technical feedback and guidance based on its usage experience of the Velodyne sensor. Velodyne will direct inquiries for short-term access to the LiDAR sensor system to ProspectSV.

“We are excited about the opportunity to utilize Velodyne LiDAR technology which provides the most accurate real-time 3D data for advanced transportation applications,” said Ruth Cox, CEO of ProspectSV. “We are grateful for this valuable addition to our ITS Lab to help entrepreneurs invent new ways of moving people and goods.”

Velodyne’s PUCK™ VLP-16 sensor is the smallest, newest, and most advanced product in Velodyne’s 3D LiDAR product range. (Photo: Business Wire)

About ProspectSV

ProspectSV is a nonprofit cleantech innovation hub focused on solutions for sustainable, smarter communities. We bring government, corporations and academia together with start-ups, product teams and expert staff to accelerate commercial adoption of innovations in transportation, energy and the built environment. ProspectSV provides a full spectrum of support services including market and technical insight, connections to partners and investors, pilot opportunities as well as access to a $12 million, 23,000 sq. ft. Technology Demonstration Center with working and industrial space, lab facilities and specialized equipment. We have provided commercialization support to more than 25 startups that have raised over $156M in follow-on funding and created hundreds of jobs. In partnership with state and local governments, ProspectSV demonstrates and scales leading edge cleantech solutions. With projects in over 50 cities, leveraging over $80 million in funding and financing, and with industry leading corporate sponsors, ProspectSV is the only organization with the ability to both prove and apply solutions for next generation communities. For more information visit www.prospectsv.org.

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne, the global leader in lidar, is known for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all.

Browse products

Join our Newsletter Newsletter
© Velodyne Lidar, Inc. 2021 All Rights Reserved