Velodyne Lidar Presents Perception Technology for ROBORACE Autonomous Racing Sequence

SAN JOSE, Calif.–()–Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today declared ROBORACE, the world’s initially autonomous car racing series, has selected Velodyne as the formal lidar sensor company in its upcoming generation motor vehicles. ROBORACE will use Velodyne‘s solid-condition Velarray H800 sensors in its electric powered-run autonomous race cars and trucks for the Period A person championship series, which is set to get started in 2022.

The Velodyne and ROBORACE engineering groups have been functioning collaboratively on the race automobile enhancement venture. The Velarray H800 was the very clear decision of the ROBORACE engineering and structure staff thanks to Velodyne’s technological prowess, sensor efficiency and trustworthiness, and have confidence in across the sector.

“At ROBORACE, we are often hunting for the greatest technological know-how to make into our race cars and trucks and Velodyne has one of the ideal products and solutions offered on the marketplace,” mentioned Chip Pankow, Chief Championship Officer, ROBORACE. “The Velarray will assistance our vehicles reach safe navigation and collision avoidance in aggressive autonomous racing.”

ROBORACE was made to speed up development of autonomous driving programs by pushing the know-how to its restrictions in a assortment of harmless, controlled environments. ROBORACE supplies the platform, firm and support even though racing groups are liable for their individual code and technique. Season Just one of the ROBORACE Championship will function multi-agent racing and Metaverse factors with every competition created to give a selection of troubles. There are professional and college racing teams in the opposition.

“ROBORACE is a proving ground for the upcoming generation of mobility by placing self-driving systems to the test in general performance racing,” reported Sinclair Vass, Chief Industrial Officer, Velodyne Lidar. “With its lengthy-range notion and broad subject of perspective, the Velarray H800 is a good healthy for ROBORACE’s autonomous race autos. We look forward to continuing to collaborate with ROBORACE in advancing innovation in the activity of racing.”

Velodyne‘s Velarray H800 is a sound-state lidar sensor architected for automotive-quality performance. The sensor is built using Velodyne’s breakthrough proprietary micro-lidar array (MLA) architecture. The Velarray H800 enables for remarkable detection of peripheral, near-subject and overhead objects when addressing corner situations on sloping and curving streets. It is built for risk-free navigation and collision avoidance in state-of-the-art driver help devices (ADAS) and autonomous mobility purposes.

About ROBORACE

ROBORACE is the world’s initially motorsport level of competition of complete-size AI-racing robots in a mixed actuality wherever coding groups from different nations around the world all go for the get. In 2019, the Time Alpha series held 6 occasions that drove in excess of 36 million multi-channel video views. ROBORACE also set the Guinness Globe Report for owning the swiftest autonomous automobile in the earth. The Robocar achieved a speed of 282.42 km/h (175.49 mph). In September 2020, ROBORACE commenced its Season Beta sequence with six competing groups having spot at numerous areas, featuring 12 races.

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technologies with the creation of genuine-time encompass perspective lidar sensors. Velodyne, the world wide leader in lidar, is identified for its broad portfolio of breakthrough lidar systems. Velodyne’s revolutionary sensor and program solutions give adaptability, good quality and efficiency to meet up with the needs of a extensive range of industries, which include autonomous cars, innovative driver guidance units (ADAS), robotics, unmanned aerial vehicles (UAV), sensible metropolitan areas and protection. By steady innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For much more information and facts, stop by www.velodynelidar.com.

Ahead Wanting Statements

This press launch has “ahead seeking statements” within the indicating of the “protected harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 which includes, with no limitation, all statements other than historic reality and include, with no limitation, statements with regards to Velodyne’s goal marketplaces, new products and solutions, growth efforts, and competitiveness. When applied in this press release, the words and phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “programs,” “intends,” “thinks,” “seeks,” “may well,” “will,” “can,” “ought to,” “long term,” “propose” and versions of these terms or equivalent expressions (or the unfavorable variations of this kind of terms or expressions) are supposed to recognize forward-hunting statements. These forward-looking statements are not ensures of potential effectiveness, conditions or final results and require a quantity of acknowledged and not known hazards, uncertainties, assumptions and other vital variables, a lot of of which are outdoors Velodyne’s handle, that could result in real effects or outcomes to differ materially from those talked about in the forward-hunting statements. Vital things, between other folks, that may perhaps influence genuine success or results contain uncertainties regarding authorities regulation and adoption of lidar, the uncertain affect of the COVID-19 pandemic on Velodyne’s and its customers’ organizations Velodyne’s capability to regulate growth Velodyne’s means to execute its business enterprise system uncertainties connected to the skill of Velodyne’s shoppers to commercialize their products and solutions and the top sector acceptance of these solutions the amount and diploma of market acceptance of Velodyne’s solutions the achievements of other competing lidar and sensor-associated merchandise and providers that exist or may come to be obtainable uncertainties associated to Velodyne’s present-day litigation and possible litigation involving Velodyne or the validity or enforceability of Velodyne’s intellectual residence and basic economic and marketplace circumstances impacting desire for Velodyne’s products and providers. For much more information about risks and uncertainties linked with Velodyne’s organization, be sure to refer to the “Management’s Dialogue and Evaluation of Monetary Problem and Outcomes of Operations” and “Risk Factors” sections of Velodyne’s SEC filings, which include, but not constrained to, its yearly report on Sort 10-K and quarterly studies on Type 10-Q. All ahead-looking statements in this push launch are based mostly on data obtainable to Velodyne as of the date hereof, Velodyne undertakes no obligation to update or revise any ahead-on the lookout statements, irrespective of whether as a final result of new data, long term events or usually, except as essential by regulation.