City of Austin, Texas, Selects Velodyne’s Resolution for Website traffic Basic safety Pilot Venture
SAN JOSE, Calif., July 14, 2021–(Business enterprise WIRE)–Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) now introduced it has joined the NVIDIA Metropolis system for Velodyne’s Smart Infrastructure Answer for site visitors checking and analytics. NVIDIA Metropolis is made to nurture and provide to marketplace a new technology of apps and methods that make the world’s most essential spaces and operations safer and additional efficient with developments in AI vision.
This press launch characteristics multimedia. Check out the complete release here: https://www.businesswire.com/information/property/20210714005176/en/
Velodyne Lidar has joined the NVIDIA Metropolis plan for Velodyne’s Smart Infrastructure Option. The Clever Infrastructure Resolution combines Velodyne’s award-successful lidar sensors and powerful AI computer software to watch targeted traffic networks and public areas. (Picture: Velodyne Lidar)
The Smart Infrastructure Remedy brings together Velodyne’s award-successful lidar sensors and effective AI software program to watch visitors networks and public areas. The option addresses the urgent have to have for sensible metropolis units that can aid strengthen road safety and avert visitors incidents. Government info showed 2020 was the deadliest yr for U.S. targeted traffic crashes in about a 10 years, with a 7.2 % improve in traffic fatalities more than the earlier 12 months.
Velodyne’s alternative leverages the powerful capabilities of the embedded NVIDIA Jetson AGX Xavier module in its edge AI computing procedure to run the solution’s proprietary 3D perception software, which can detect all road end users including vehicles, pedestrians and cyclists in actual time. The NVIDIA Jetson AGX Xavier delivers unparalleled computing power of a GPU workstation in a compact, strength-successful module. It powers the Clever Infrastructure Option AI application to operate up to 50 frames per second and process lidar frames in real time to detect, classify and extract website traffic trajectory.
Staying a part of NVIDIA Metropolis, Velodyne gains enhanced publicity to business gurus, AI-pushed businesses, governments and integration associates seeking to leverage globe-course AI-enabled alternatives to improve crucial operational effectiveness and protection troubles. Velodyne also has early entry to NVIDIA platform updates and can tap into NVIDIA’s various companion ecosystem to guidance lidar-dependent solution growth.
New Deployment in Austin
Velodyne’s Smart Infrastructure Answer pilot challenge is established to deploy in Austin, Texas. The town will use the answer to assess website traffic problems and recognize proactive safety measures that can be taken to assist help you save life.
The undertaking is applying lidar-based website traffic monitoring as a reputable, non-intrusive multi-modal substitution for inductive-loop detectors, cameras, and radars. Velodyne’s Clever Infrastructure Resolution produces a serious-time 3D map of streets and intersections to produce site visitors details in a broad wide range of lighting and temperature circumstances, and provide categorized monitoring data on pedestrians, cyclists, cars, and vans.
In Austin, the initial installation will be at East 7th Street & Springdale Highway. This intersection has been discovered as needing advancement because of to the incident heritage, fatality possibility, dashing prevalence and congestion.
“Lidar-centered options keep remarkable potential to shield private identifiable data whilst continuing to help us to reach our Eyesight Zero target to remove targeted traffic deaths and really serious accidents on Austin streets,” claimed Jason JonMichael, Assistant Director, Austin Transportation Department. “Velodyne Lidar’s Intelligent Infrastructure Resolution could enable us to far more proficiently gather and analyze the mobility that is desired to increase roadway effectiveness and basic safety.”
“It is terrific to be functioning with the metropolis of Austin on innovation initiatives that will undoubtedly change roadways into smarter, safer infrastructure for the community,” reported Jon Barad, Vice President of Organization Enhancement, Velodyne Lidar. “Partnering with NVIDIA Metropolis enables us to enable Austin and other communities tackle street security worries and increase targeted traffic effectiveness and sustainability.”
Velodyne’s Solution Enables Good Infrastructure
Velodyne’s Smart Infrastructure Option makes a true-time 3D map of roads and intersections, delivering specific visitors monitoring and analytics that is not doable with other kinds of sensors like cameras or radar. It reliably collects data in any lighting or weather conditions condition, supporting yr-round operation, although also protecting people’s privacy. The answer improvements safety via multimodal analytics that detect many street consumers including autos, pedestrians, and cyclists. It can predict, diagnose, and handle highway security troubles, assisting municipalities and other customers make knowledgeable decisions to choose corrective motion. Right after buying a set-up bundle that involves the software program and sensors, clients will spend Velodyne a technique access charge for the recurring checking and analytics. For extra details on the Intelligent Infrastructure Option, call Velodyne Income: 669.275.2526, [email protected].
About Velodyne Lidar
Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new period of autonomous know-how with the invention of actual-time surround check out lidar sensors. Velodyne, the international chief in lidar, is identified for its broad portfolio of breakthrough lidar systems. Velodyne’s revolutionary sensor and software program alternatives supply overall flexibility, excellent, and overall performance to satisfy the requirements of a extensive vary of industries, including autonomous vehicles, sophisticated driver support units (ADAS), robotics, unmanned aerial automobiles (UAV), clever towns and stability. Through constant innovation, Velodyne strives to change lives and communities by advancing safer mobility for all. For far more information and facts, pay a visit to www.velodynelidar.com.
Forward Seeking Statements
This push launch is made up of “ahead on the lookout statements” in the which means of the “harmless harbor” provisions of the United States Non-public Securities Litigation Reform Act of 1995 like, without limitation, all statements other than historic fact and include things like, without limitation, statements relating to Velodyne’s concentrate on markets, new items, advancement efforts, and competitors. When applied in this push launch, the words and phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “strategies,” “intends,” “thinks,” “seeks,” “might,” “will,” “can,” “must,” “foreseeable future,” “propose” and variants of these terms or equivalent expressions (or the unfavorable variations of these words or expressions) are intended to determine ahead-on the lookout statements. These forward-on the lookout statements are not ensures of future overall performance, ailments or effects and require a selection of recognized and mysterious threats, uncertainties, assumptions and other critical aspects, quite a few of which are exterior Velodyne’s manage, that could induce real results or outcomes to differ materially from these reviewed in the ahead-seeking statements. Critical elements, among other folks, that may possibly impact precise benefits or outcomes consist of uncertainties relating to government regulation and adoption of lidar, the uncertain effects of the COVID-19 pandemic on Velodyne’s and its customers’ firms Velodyne’s means to control expansion Velodyne’s means to execute its business enterprise approach uncertainties relevant to the potential of Velodyne’s consumers to commercialize their products and solutions and the ultimate marketplace acceptance of these products the rate and degree of current market acceptance of Velodyne’s goods the achievements of other competing lidar and sensor-associated items and companies that exist or may well turn out to be accessible uncertainties related to Velodyne’s existing litigation and prospective litigation involving Velodyne or the validity or enforceability of Velodyne’s mental property and basic economic and market place ailments impacting demand for Velodyne’s items and products and services. For much more information about pitfalls and uncertainties involved with Velodyne’s small business, be sure to refer to the “Management’s Dialogue and Analysis of Financial Ailment and Success of Functions” and “Danger Aspects” sections of Velodyne’s SEC filings, which include, but not limited to, its once-a-year report on Form 10-K and quarterly reports on Sort 10-Q. All forward-hunting statements in this press launch are dependent on information and facts out there to Velodyne as of the date hereof, Velodyne undertakes no obligation to update or revise any forward-seeking statements, whether or not as a end result of new facts, future gatherings or in any other case, except as needed by law.
Check out resource version on businesswire.com: https://www.businesswire.com/information/dwelling/20210714005176/en/
Contacts
Velodyne Trader Relations
[email protected]
Media
Codeword
Liv Allen
[email protected]
