Tag Archives: low cost

Velodyne LiDAR Announces Breakthrough Design for Miniaturized, Low-Cost Solid-State LiDAR Sensors

Application of integrated circuitry leads to a new approach to LiDAR sensors for the autonomous vehicle, 3D mapping, and drone industries MORGAN HILL, Calif.–(BUSINESS WIRE)–Velodyne LiDAR Inc., the recognized global leader in Light, Detection and Ranging (LiDAR) technology, today announced a groundbreaking design for a solid-state LiDAR sensor that can deliver a subsystem cost of under $50 U.S. when sold

Read more

All Tesla Cars Being Produced Now Have Full Self-Driving Hardware

Self-driving vehicles will play a crucial role in improving transportation safety and accelerating the world’s transition to a sustainable future. Full autonomy will enable a Tesla to be substantially safer than a human driver, lower the financial cost of transportation for those who own a car and provide low-cost on-demand mobility for those who do not. As of today, all

Read more

Autonomous-Car Sensor Maker Velodyne Receives $150 Million Investment

The $150 million investment will allow Velodyne to expand development and drive down cost LiDAR sensors Ford Motor Co. and Chinese web-service provider Baidu Inc. are leading a $150 million investment in laser-sensor maker Velodyne Inc., the latest in a series of bets being placed by car makers and tech companies to advance autonomous-driving technology. The investment will allow the California-based Velodyne to expand

Read more

Israeli Autonomous Vehicle Startup Gets Series A Funding $9 million

For autonomous vehicles to function, they need to be able to react to changes in their surrounding environment. That’s where a sophisticated high definition solid-state LiDAR (laser sensor system) comes into play, and why Israel-based Innoviz Technologies announced Monday it had secured a $9 million Series A investment led by Magma Venture Partners and Vertex Venture Capital. Other investors included Zohar Zisapel, Amiti

Read more