Velodyne Lidar (NASDAQ: $VLDR) Signs Multi-Year Agreement with Boston Dynamics

Green Stock News

Velodyne Lidar (NASDAQ: $VLDR) has announced a multi-year agreement for its lidar sensors with Boston Dynamics. Velodyne’s sensors were selected to provide perception and navigation capabilities for highly mobile robots capable of tackling the toughest robotics challenges. Velodyne’s lidar sensor solutions enable mobile robots to operate autonomously and safely and without human intervention. The sensors provide real-time 3D perception data for localization, mapping, object classification and object tracking. Velodyne’s power-efficient sensors support autonomous mobile robots in a wide range of challenging indoor and outdoor environmental conditions, including varying temperature, lighting and precipitation. Laura Wrisley, Senior Vice President of Worldwide Sales at Velodyne Lidar commented “Boston Dynamics robots provide advanced mobility, dexterity and intelligence that enable automation in unfamiliar and unpredictable settings, equipped with Velodyne’s lidar sensors, their robots can autonomously navigate complex environments. They can safely avoid obstacles and find the fastest route to perform vital tasks in environments from manufacturing plants and construction sites to distribution centers and warehouses.” Velodyne 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 robotics, industrial, intelligent infrastructure, autonomous vehicles and advanced driver assistance systems. Shares of Velodyne Lidar trade on the NASDAQ, under the ticker symbol VLDR.

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