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Press release
Velodyne LiDAR More Than Quadruples Production for Autonomous Vehicle Surge
Oct 10, 2017 | By VELODYNE LIDAR

Increase results in immediate sensor availability in Europe, Asia Pacific, and the Americas

SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne LiDAR Inc., the world leader in 3D vision systems for autonomous vehicles, today announces that it has more than quadrupled production for its high-performance LiDAR sensors to meet strong global demand. As a result, Velodyne LiDAR’s sensors are immediately available via distribution partners in Europe, Asia Pacific, and North America, with industry standard lead-times for direct contracts.

Velodyne LiDAR’s Megafactory located in San Jose, CA.

“Velodyne leads the market in real-time 3D LiDAR systems for fully autonomous vehicles,” said David Hall, Velodyne LiDAR Founder and CEO. “With the tremendous surge in autonomous vehicle orders and new installations across the last 12 months, we scaled capacity to meet this demand, including a significant increase in production from our 200,000 square-foot Megafactory.”

Velodyne LiDAR Inc. has bolstered this aggressive production expansion by doubling the number of its full-time employees over the past six months. These employees operate across three facilities in California, including the company’s new Megafactory in San Jose, its long-standing manufacturing facility in Morgan Hill, and the Velodyne Labs research center in Alameda.

Velodyne invented and patented the world’s first 3D real-time LiDAR sensor for autonomous vehicles. Over the last ten years, Velodyne sensors have been installed in thousands of vehicles around the world, traveling millions of real-world miles. Velodyne is the industry standard for localization and environmental perception, providing the core technology for dozens of autonomous vehicle programs in over 10 countries.

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 is the first public pure-play lidar company and is known worldwide 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.

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