Velodyne Lidar, Inc.  introduced the latest innovative product Velarray H800 for the first time in its broad range of lidar sensors. The Velarray H800 solid-state sensor is designed to achieve automotive-grade performance and is constructed using Velodyne's breakthrough proprietary Micro Lidar Array Architecture (MLA). This sensor combines long-distance perception and a wide viewing angle, and is designed for safe navigation and collision avoidance in advanced driver assistance systems (ADAS) and autonomous driving applications. The Velarray H800 adopts a compact and embeddable shape design, which can be mounted flush on the rear side of the windshield of a truck, bus or car, or seamlessly mounted on the outside of the vehicle. Velarray H800 will be mass-produced and supplied with a target price of less than US$500, aiming to promote widespread adoption in the consumer vehicle and commercial vehicle market.

Anand Gopalan, CEO of Velodyne Lidar, said: “Velodyne has launched the Velarray H800, the first lidar sensor in the solid-state lidar series that we will release to the public. For three reasons, this is very important for car manufacturers. First of all, According to feedback from leading original equipment manufacturer (OEM) customers, Velarray H800 is designed for a large number of automotive applications. It utilizes Velodyne's global high-quality manufacturing partnership network to meet the needs of high-volume automotive manufacturers. Secondly, Velodyne's expertise With technology and experience, coupled with our own manufacturing capabilities, we can provide this sensor at an affordable price for automakers. Third, the world needs enhanced consumer vehicle safety, and the Velarray product line enables end consumers Able to obtain this safety and create safer roads and cars for everyone."

Velarray H800 can help car manufacturers design ADAS solutions to reduce traffic accidents and injuries and deaths of drivers, passengers, cyclists and pedestrians. The World Health Organization reported that the number of deaths caused by traffic accidents worldwide reached 1.35 million each year.

Marta Hall, founder and chief marketing officer of Velodyne, commented: "We want to help the public build trust in autonomous vehicle systems. We believe that as the first of many lidar sensors, Velarray H800 will be able to be used to enhance vehicles in the system Safety. Velodyne introduced it as a key sensor of the system and constitutes the basis of vehicle safety. Once the public experience the benefits of a reliable automated safety system, they will welcome more similar products. We can use ADAS Save lives."

Velarray H800 has excellent range, viewing angle and resolution, which can advance the advancement of autonomous driving and ADAS from Level 2 to Level 5. It covers all ADAS functions from Lane Keep Assist and Automated Emergency Braking to the highest level of automatic driving. This sensor has a compact design and low cost, and can be used in conjunction with Velodyne's Vella software suite to achieve full safety functions.

In the past few years, the effectiveness of lidar in building powerful and feature-rich ADAS has been recognized by the entire automotive industry. Proprietary testing has shown that the advantage of the Velarray-based solution is that it can function when traditional camera and radar systems fail. Please click here to view Velodyne's recent white paper on Pedestrian Automatic Emergency Braking (PAEB).

Velarray H800 has a viewing angle range of 120 degrees in the horizontal direction by 16 degrees in the vertical direction. It can excellently detect surrounding, near-field, and elevated objects, while coping with sudden corners on slopes and curved roads. Velarray H800 provides sensing data within a range of up to 200 meters, and supports safe stopping distance even when driving on highways. Velarray H800 has a settable frame rate, providing the rich point cloud density required for high-resolution mapping and target classification tasks.

Drawing on the insights gained from the company’s listing, Gopalan commented: “During my meetings with investors in the past few months, I have received many questions about the development blueprint of Velodyne solid-state sensors. The fact is that Velodyne has already provided two solid-state lidar sensors. For more than a year, but we use the term "directional" sensor to describe Velodyne's solid-state lidar technology. With the launch of Velarray H800, we see an opportunity to demonstrate how Velodyne's lidar technology can span many forms and applications. Velodyne hopes to pass All vehicles become smarter to improve road safety. Based on this, we have been working hard to provide ADAS technology that can be deployed on the market. You will soon see more sensors and software products released by us. These products It will provide the public with a basis for vehicle safety."

Velarray H800 is Velodyne's first new sensor since the company's listing on September 30, 2020. This sensor kicks off the company's next-generation solid-state lidar product portfolio. It completes and leverages Velodyne's expertise in innovating, building and delivering lidar technology.

About Velodyne Lidar

Velodyne Lidar  ushered in a new era of autonomous driving technology through the invention of the real-time surround view lidar sensor. Velodyne is the first publicly listed lidar single-business operating company and is well-known worldwide for its extensive combination of ground-breaking lidar technologies. Velodyne's revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of various industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robots, unmanned aerial vehicles (UAV), smart cities and Security. Through continuous innovation, Velodyne is committed to changing lives and communities by promoting safe travel for all. For more information, please visit www.velodynelidar.com .

Forward-looking statements

Statements in this press release may include "forward-looking statements" as defined in the "safe harbor" clause of the Private Securities Litigation Reform Act of 1995, including but not limited to all statements other than historical facts, as well as including but not Limited to statements about Velodyne's target market, new products, development work, competition, etc. As used in this press release, "estimates", "expects", "expects", "anticipates", "forecasts", "plans", "intends", "thinks", "seeks", "possible", "will", Words such as "should", "can", "future", "propose", and these word variants or similar expressions (or the negative form of such words or expressions) are intended to be used to identify forward-looking statements. Such forward-looking statements do not guarantee future performance, status or results, and involve a large number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are not under Velodyne's control and may lead to actual results and forward-looking The results discussed in the statement are quite different. Important factors that may affect actual results include Velodyne’s growth management capabilities; Velodyne’s ability to execute business plans; uncertainties related to Velodyne’s customers’ product commercialization capabilities and the ultimate market acceptance of these products; and the impact of COVID-19 on Velodyne and The uncertain impact of its customer’s business; the uncertainty related to Velodyne’s estimate of the market size of its products; the market acceptance rate and acceptance level of Velodyne’s products; other existing or possibly available competing products related to lidar and sensors And the success of the service; uncertainty related to Velodyne’s current litigation and potential lawsuits related to Velodyne or the validity or enforceability of Velodyne’s intellectual property rights; and general economic and market conditions that affect the demand for Velodyne’s products and services. Unless otherwise required by law, Velodyne has no obligation to update or amend any forward-looking statements, whether due to the emergence of new information or future events or any other reason.

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Source: businesswire.com