Velodyne Lidar Powers Smart Site visitors Administration | Small business & Finance

SAN JOSE, Calif.–(Business enterprise WIRE)–Jan 11, 2021–

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) and University of Nevada, Reno’s Nevada Middle for Utilized Investigation currently published a white paper that demonstrates lidar sensors’ means to make transportation infrastructure far more successful, sustainable and protected. The white paper reports effects of analysis employing Velodyne’s lidar sensors to strengthen targeted visitors analytics, increase pedestrian security, lessen incidents and operate toward facilitated use of autonomous cars.

The College of Nevada, Reno’s Nevada Middle for Applied Exploration has positioned Velodyne’s lidar sensors at crossing symptoms and intersections to enable increase site visitors analytics, congestion management and pedestrian safety. (Photograph: Velodyne Lidar, Inc.)

“Velodyne is enthusiastic to give lidar technological innovation for techniques that guard pedestrians at metropolis intersections and cut down targeted traffic accidents. We have a synergistic connection with the College of Nevada, Reno, which is conducting cooperative study to further the advancement of protection remedies at the infrastructure amount utilizing intelligent know-how. This white paper is important to describe our collaborative perform for the security and very well-remaining of urban communities,” said Marta Corridor, Main Promoting Officer at Velodyne.

The white paper, named “Roadside Lidar Supporting to Construct Clever and Protected Transportation Infrastructure,” can be downloaded here. Also available is a movie identified as “Smart Towns: Enhancing Mobility, Accessibility and Basic safety with Sensor Technologies,” which can be considered listed here. The video clip looks at how lidar can be a catalyst for smart town apps that increase public companies and increase protection and top quality of existence.

According to the investigate firm Marketplaces and Marketplaces, the Intelligent Transportation Procedure (ITS) market for roadways is anticipated to improve from USD 17.9 billion in 2020 to USD 36.5 billion by 2025, at a CAGR of 15.3 p.c. This development can be attributed to enhanced pedestrian protection fears, developing traffic congestion issues and wise city developments all over the world.

The paper showcases study conducted by the University of Nevada, Reno’s Nevada Middle for Utilized Research, in conjunction with the Regional Transportation Commission of Washoe County, Regional Transportation Commission of Southern Nevada and the Nevada Section of Transportation. The challenge has deployed Velodyne’s Ultra Puck lidar sensors with website traffic signals in authentic-entire world take a look at environments, recognized as Living Laboratories, in Reno and Henderson, and sponsored by the Nevada Governor’s Office environment of Economic Growth. It leveraged the knowledge captured with Velodyne’s sensors to aid strengthen traffic analytics, congestion administration and pedestrian security.

The project validated the feasibility of utilizing roadside lidar sensors to offer significant-accuracy, multimodal visitors trajectories by screening with diverse sensors, deployment strategies and targeted traffic situations. It shown that roadside lidar facts can guidance linked-and-autonomous autos (CAV), enrich website traffic mobility and safety analysis and combine with present visitors infrastructure for automated pedestrian/wildlife warning.

The undertaking also realized successful implementation of lidar-primarily based automated rectangular swift flash beacons (RRFB), which as opposed to regular RRFB, not only serve the crosswalk area but provide quite a few more functions. These include website traffic performance facts assortment, jaywalk celebration recording and supporting infrastructure to provide CAVs and connected non-motorist roadway buyers.

Until just lately, existing camera-dependent ITS website traffic checking technologies have been extensively made use of to study traffic move rates, occupancy, regular speed and location velocity. On the other hand, as alternate sensors arrive on to the industry, the weaknesses of digital camera-based mostly approaches become more evident. For instance, cameras have been proven to experience in low-light situations, are susceptible to optical illusions and do not let for people’s privacy. It is expected that lidar will participate in a pivotal purpose in the growth of the ITS sector because lidar sensors offer sturdy 3D data that makes it possible for for exceptional item detection and tracking in a large variety of lighting and weather conditions circumstances even though preserving anonymity and have confidence in amongst the community.

“The white paper captures how lidar know-how can be the catalyst for a innovative knowledge change that will influence transportation arranging and systems, and put together our roadways for the upcoming,” said Carlos Cardillo, Director, Nevada Middle for Applied Study. “Velodyne sensors are powering ‘lidar-enhanced’ roads that address roadway congestion monitoring and close to-crash examination. They are also enabling details communications with linked automobiles to aid eco-generate and collision avoidance apps.”

“The Nevada Heart for Utilized Research is conducting visionary smart towns analysis that can assistance drastically improve visitors basic safety and mitigate roadway risks,” mentioned Jon Barad, Vice President of Small business Enhancement, Velodyne Lidar. “Their get the job done clearly demonstrates Velodyne’s lidar sensors are prepared currently to help build smarter, safer transportation infrastructure.”

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new period of autonomous know-how with the creation of real-time surround view lidar sensors. Velodyne is the 1st community pure-engage in lidar enterprise and is regarded all over the world for its wide portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software program remedies offer overall flexibility, high quality and functionality to meet the wants of a vast range of industries, which include autonomous automobiles, innovative driver aid techniques (ADAS), robotics, unmanned aerial vehicles (UAV), smart towns and security. By way of ongoing innovation, Velodyne strives to completely transform life and communities by advancing safer mobility for all. For a lot more details, go to

Forward Hunting Statements

This press release contains “ahead seeking statements” in just the indicating of the “secure harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 which include, without having limitation, all statements other than historic point and include, without limitation, statements concerning Velodyne’s target marketplaces, new items, enhancement efforts, competition. When utilized in this push launch, the terms “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “thinks,” “seeks,” “may perhaps,” “will,” “can,” “must,” “future,” “propose” and variants of these words and phrases or very similar expressions (or the negative versions of these terms or expressions) are intended to detect ahead-on the lookout statements. These ahead-hunting statements are not ensures of upcoming performance, problems or benefits and entail a amount of identified and not known challenges, uncertainties, assumptions and other critical variables, lots of of which are exterior Velodyne’s handle, that could trigger true outcomes or results to vary materially from these talked over in the forward-looking statements. Vital things, among the others, that may have an impact on actual final results or results involve Velodyne’s means to regulate development Velodyne’s skill to execute its organization program uncertainties linked to the potential of Velodyne’s consumers to commercialize their goods and the supreme market acceptance of these goods the unsure effects of the COVID-19 pandemic on Velodyne’s and its customers’ corporations uncertainties related to Velodyne’s estimates of the dimension of the marketplaces for its items uncertainties regarding authorities regulation and adoption of lidar for pedestrian protection, targeted traffic congestion and smart metropolis purposes the amount and diploma of current market acceptance of Velodyne’s solutions the success of other competing lidar and sensor-relevant products and solutions and products and services that exist or could develop into obtainable Velodyne’s capacity to discover and combine acquisitions uncertainties similar to Velodyne’s latest litigation and possible litigation involving Velodyne or the validity or enforceability of Velodyne’s mental property and common economic and marketplace disorders impacting demand from customers for Velodyne’s products and solutions and services. Velodyne undertakes no obligation to update or revise any ahead-hunting statements, regardless of whether as a result of new information, potential situations or normally, other than as necessary by legislation.

Make contact with: Investor Relations

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Source: Velodyne Lidar, Inc.

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PUB: 01/11/2021 07:00 AM/DISC: 01/11/2021 07:01 AM

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