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Velodyne donated one of its early prototype sensors to the Robotics Collection at the Smithsonian Institution's National Museum of American History in 2011. [14] [15] In 2016, Velodyne's Lidar department was spun off from Velodyne Acoustics as Velodyne Lidar, Inc. [16] On August 16, 2016, Velodyne announced a $150 million investment from Ford ...
Velodyne Lidar, Inc. (VLDR) delivered earnings and revenue surprises of -10% and 21.18%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
The lidar product line was spun off as a separate company called Velodyne Lidar in 2016. That company later severed its ties with David Hall after he stepped down as its CEO in January 2020 and as chairman of its board of directors in January 2021, although Hall has retained a large stake in the company and his wife remains on the board.
Needham analyst Rajvindra Gill reiterated Buy on Velodyne Lidar, Inc (NASDAQ: VLDR) with a $3 price target. Velodyne announced additional cost-cutting measures, which he expects to benefit the ...
Velodyne Lidar, Inc. (NASDAQ: VLDR) appointed Dr. Joseph B. Culkin, Ph.D., as the board's Chairman, effective immediately, succeeding David Hall. Chief Communications Officer Sally Frykman was ...
The prototype vehicle was a heavily modified Toyota Prius+ hybrid wagon/compact MPV equipped with three Lidar optical distance sensors by Velodyne Lidar, six radar units, and six cameras and a GNSS sensor for navigation, with Intel CPUs and Nvidia GPUs [9] using the GNU operating system with the Linux kernel.
Shares of Velodyne, one of several companies vying to supply automakers with lidar, a sensor that generates a three-dimensional map of the road ahead, were down about 15% in afternoon trading.
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