{"id":399556,"date":"2020-12-15T05:03:05","date_gmt":"2020-12-15T10:03:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399556"},"modified":"2020-12-15T05:03:05","modified_gmt":"2020-12-15T10:03:05","slug":"velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/","title":{"rendered":"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Velodyne\u2019s Lidar Sensors Recognized for Providing Advanced Perception for Rapidly Growing Autonomous Robot Market<\/i><\/b><\/p>\n<p>SAN JOSE, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.velodynelidar.com%2F&amp;esheet=52348440&amp;newsitemid=20201215005262&amp;lan=en-US&amp;anchor=Velodyne+Lidar%2C+Inc.&amp;index=1&amp;md5=4e21bd08117e0393e3b7dd49b0e9d613\">Velodyne Lidar, Inc.<\/a> (Nasdaq: VLDR) today announced its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvelodynelidar.com%2Fproducts%2Fvelabit%2F&amp;esheet=52348440&amp;newsitemid=20201215005262&amp;lan=en-US&amp;anchor=Velabit%26%238482%3B&amp;index=2&amp;md5=16f2189f2a87c85a7638a8df1321ccde\">Velabit\u2122<\/a> lidar sensor was named the winner of the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsvrobo.org%2Fvelodyne-wins-innovation-award-in-svr-good-robot-industry-awards%2F&amp;esheet=52348440&amp;newsitemid=20201215005262&amp;lan=en-US&amp;anchor=2020+Innovation+Award&amp;index=3&amp;md5=6d1e18e49135ccf02506e9c9cb5f6622\">2020 Innovation Award<\/a> by Silicon Valley Robotics. The Velabit, Velodyne\u2019s smallest sensor, brings new levels of versatility and affordability to 3D lidar perception. It is a cornerstone solution in Velodyne\u2019s mission to transform lives by advancing safe mobility and smart autonomy through access to the company\u2019s innovative lidar technologies.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201215005262\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201215005262\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215005262\/en\/846695\/4\/Velodyne_Lidar_Velabit_Sensor.jpg\" alt=\"Velodyne Lidar\u2019s Velabit\u2122 sensor brings new levels of versatility and affordability to 3D lidar perception for autonomous solutions. (Photo: Velodyne Lidar, Inc.)\" \/><\/p>\n<p style=\"font-size:85%\">Velodyne Lidar\u2019s Velabit\u2122 sensor brings new levels of versatility and affordability to 3D lidar perception for autonomous solutions. (Photo: Velodyne Lidar, Inc.)<\/p>\n<\/div>\n<p>\n\u201cHaving Velabit selected for the Innovation Award by Silicon Valley Robotics demonstrates the continuing strong industry recognition of Velodyne\u2019s inventive track record,\u201d said Anand Gopalan, CEO, Velodyne Lidar. \u201cVelodyne is honored to have the Velabit named as a groundbreaking product for mobile robotic applications. With its combination of performance, size and price position, the Velabit is a breakthrough sensor for powering autonomous mobile robots in a wide array of industries worldwide.\u201d\n<\/p>\n<p>\nThe Velabit addresses the cost, safety and design challenges of autonomous solutions while delivering strong sensor performance. This solid-state lidar sensor is highly configurable for specialized use cases and can be embedded almost anywhere within robots, vehicles, unmanned aerial vehicles (UAV) and infrastructure. Leveraging Velodyne\u2019s innovative design technology and manufacturing partners, the Velabit is designed to be easy to manufacture at mass production levels.\n<\/p>\n<p>\nVelodyne also provides the recently introduced <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvelodynelidar.com%2Fproducts%2Fvelarray-m1600%2F&amp;esheet=52348440&amp;newsitemid=20201215005262&amp;lan=en-US&amp;anchor=Velarray+M1600&amp;index=4&amp;md5=1635b827024cbe90e9f11fe40cd78ea4\">Velarray M1600<\/a> for mobile robotic applications. The solid state lidar sensor enables touchless mobile and last-mile delivery robots to operate autonomously and safely, without human intervention. The Velarray M1600 provides autonomous robots with outstanding near-field perception up to 30 meters and a broad 32-degree vertical field of view, allowing them to traverse unstructured and changing environments.\n<\/p>\n<p>\nSilicon Valley Robotics is the largest cluster of robotics and AI technology innovation and investment in the world. Its Innovation Award recognizes an outstanding early stage technology or product developed recently that will create an impact in the robotics industry.\n<\/p>\n<p><b>About Velodyne Lidar<\/b><\/p>\n<p>\nVelodyne Lidar (NASDAQ: VLDR) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies. Velodyne\u2019s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.velodynelidar.com&amp;esheet=52348440&amp;newsitemid=20201215005262&amp;lan=en-US&amp;anchor=www.velodynelidar.com&amp;index=5&amp;md5=ffd080f8f1c2a0395c708b0e47179922\">www.velodynelidar.com<\/a>.\n<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThis press release contains &#8220;forward looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221; provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne\u2019s target markets, new products, development efforts, competition. When used in this press release, the words &#8220;estimates,&#8221; &#8220;projected,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;forecasts,&#8221; &#8220;plans,&#8221; &#8220;intends,&#8221; &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;future,&#8221; &#8220;propose&#8221; and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, \u2018assumptions and other important factors, many of which are outside Velodyne&#8217;s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include Velodyne&#8217;s ability to manage growth; Velodyne&#8217;s ability to execute its business plan; uncertainties related to the ability of Velodyne&#8217;s customers to commercialize their products and the ultimate market acceptance of these products; the uncertain impact of the COVID-19 pandemic on Velodyne&#8217;s and its customers&#8217; businesses; uncertainties related to Velodyne&#8217;s estimates of the size of the markets for its products; the rate and degree of market acceptance of Velodyne&#8217;s products; the success of other competing lidar and sensor-related products and services that exist or may become available; Velodyne&#8217;s ability to identify and integrate acquisitions; uncertainties related to Velodyne&#8217;s current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne&#8217;s intellectual property; and general economic and market conditions impacting demand for Velodyne&#8217;s products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201215005262r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201215005262\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201215005262\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>Andrew Hamer<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@velodyne.com\">InvestorRelations@velodyne.com<\/a><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Landis Communications Inc.<br \/>\n<br \/>Sean Dowdall<br \/>\n<br \/>(415) 286-7121<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:velodyne@landispr.com\">velodyne@landispr.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Hardware Engineering Technology Automotive Manufacturing Aerospace Semiconductor Manufacturing Other Technology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215005262\/en\/846695\/3\/Velodyne_Lidar_Velabit_Sensor.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Velodyne Lidar\u2019s Velabit\u2122 sensor brings new levels of versatility and affordability to 3D lidar perception for autonomous solutions. (Photo: Velodyne Lidar, Inc.)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215005262\/en\/1008295\/3\/VelodyneLidar_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award Velodyne\u2019s Lidar Sensors Recognized for Providing Advanced Perception for Rapidly Growing Autonomous Robot Market SAN JOSE, Calif.&#8211;(BUSINESS WIRE)&#8211;Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced its Velabit\u2122 lidar sensor was named the winner of the 2020 Innovation Award by Silicon Valley Robotics. The Velabit, Velodyne\u2019s smallest sensor, brings new levels of versatility and affordability to 3D lidar perception. It is a cornerstone solution in Velodyne\u2019s mission to transform lives by advancing safe mobility and smart autonomy through access to the company\u2019s innovative lidar technologies. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201215005262\/en\/ Velodyne Lidar\u2019s Velabit\u2122 sensor brings new levels of versatility and affordability to 3D lidar perception for autonomous &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399556","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award Velodyne\u2019s Lidar Sensors Recognized for Providing Advanced Perception for Rapidly Growing Autonomous Robot Market SAN JOSE, Calif.&#8211;(BUSINESS WIRE)&#8211;Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced its Velabit\u2122 lidar sensor was named the winner of the 2020 Innovation Award by Silicon Valley Robotics. The Velabit, Velodyne\u2019s smallest sensor, brings new levels of versatility and affordability to 3D lidar perception. It is a cornerstone solution in Velodyne\u2019s mission to transform lives by advancing safe mobility and smart autonomy through access to the company\u2019s innovative lidar technologies. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201215005262\/en\/ Velodyne Lidar\u2019s Velabit\u2122 sensor brings new levels of versatility and affordability to 3D lidar perception for autonomous &hellip; Continue reading &quot;Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T10:03:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20201215005262\/en\/846695\/4\/Velodyne_Lidar_Velabit_Sensor.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award\",\"datePublished\":\"2020-12-15T10:03:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\\\/\"},\"wordCount\":883,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20201215005262\\\/en\\\/846695\\\/4\\\/Velodyne_Lidar_Velabit_Sensor.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\\\/\",\"name\":\"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/","og_locale":"en_US","og_type":"article","og_title":"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award - Market Newsdesk","og_description":"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award Velodyne\u2019s Lidar Sensors Recognized for Providing Advanced Perception for Rapidly Growing Autonomous Robot Market SAN JOSE, Calif.&#8211;(BUSINESS WIRE)&#8211;Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced its Velabit\u2122 lidar sensor was named the winner of the 2020 Innovation Award by Silicon Valley Robotics. The Velabit, Velodyne\u2019s smallest sensor, brings new levels of versatility and affordability to 3D lidar perception. It is a cornerstone solution in Velodyne\u2019s mission to transform lives by advancing safe mobility and smart autonomy through access to the company\u2019s innovative lidar technologies. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201215005262\/en\/ Velodyne Lidar\u2019s Velabit\u2122 sensor brings new levels of versatility and affordability to 3D lidar perception for autonomous &hellip; Continue reading \"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-15T10:03:05+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20201215005262\/en\/846695\/4\/Velodyne_Lidar_Velabit_Sensor.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award","datePublished":"2020-12-15T10:03:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/"},"wordCount":883,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20201215005262\/en\/846695\/4\/Velodyne_Lidar_Velabit_Sensor.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/velodyne-lidars-velabit-wins-silicon-valley-robotics-innovation-award\/","name":"Velodyne Lidar\u2019s Velabit\u2122 Wins Silicon Valley Robotics Innovation Award - 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