Velodyne Lidar Powers Intelligent Website traffic Administration

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) and College of Nevada, Renos Nevada Middle for Applied Investigate now revealed a white paper that demonstrates lidar sensors means to make transportation infrastructure a lot more productive, sustainable and risk-free. The white paper stories outcomes of investigate utilizing Velodynes lidar sensors to strengthen targeted visitors analytics, enhance pedestrian security, cut down incidents and function towards facilitated use of autonomous automobiles.

Velodyne is psyched to give lidar technology for units that protect pedestrians at metropolis intersections and cut down targeted visitors incidents. We have a synergistic romantic relationship with the University of Nevada, Reno, which is conducting cooperative investigation to more the advancement of security remedies at the infrastructure degree employing intelligent technologies. This white paper is significant to explain our collaborative get the job done for the security and effectively-becoming of city communities, said Marta Corridor, Chief Advertising Officer at Velodyne.

The white paper, identified as Roadside Lidar Encouraging to Create Good and Safe and sound Transportation Infrastructure, can be downloaded here. Also obtainable is a movie identified as Wise Towns: Improving upon Mobility, Accessibility and Safety with Sensor Technologies, which can be seen in this article. The movie appears to be like at how lidar can be a catalyst for intelligent town programs that enhance community providers and boost protection and good quality of life.

According to the research business Marketplaces and Markets, the Clever Transportation Procedure (ITS) marketplace for roadways is envisioned to grow from USD 17.9 billion in 2020 to USD 36.5 billion by 2025, at a CAGR of 15.3 p.c. This expansion can be attributed to improved pedestrian basic safety concerns, expanding targeted traffic congestion complications and good city developments all-around the entire world.

The paper showcases exploration done by the University of Nevada, Renos Nevada Center for Utilized Investigation, in conjunction with the Regional Transportation Fee of Washoe County, Regional Transportation Commission of Southern Nevada and the Nevada Division of Transportation. The project has deployed Velodynes Ultra Puck lidar sensors with visitors alerts in serious-earth examination environments, known as Residing Laboratories, in Reno and Henderson, and sponsored by the Nevada Governors Workplace of Financial Enhancement. It leveraged the information captured with Velodynes sensors to assist increase visitors analytics, congestion administration and pedestrian safety.

The task validated the feasibility of utilizing roadside lidar sensors to offer higher-accuracy, multimodal targeted visitors trajectories by tests with different sensors, deployment strategies and site visitors scenarios. It shown that roadside lidar knowledge can aid related-and-autonomous vehicles (CAV), enrich targeted traffic mobility and basic safety examination and integrate with existing visitors infrastructure for automated pedestrian/wildlife warning.

The undertaking also realized profitable implementation of lidar-centered automated rectangular swift flash beacons (RRFB), which contrary to standard RRFB, not only provide the crosswalk place but give numerous added functions. These include targeted traffic functionality details selection, jaywalk function recording and supporting infrastructure to provide CAVs and related non-motorist roadway people.

Until lately, current digital camera-centered ITS traffic checking technologies have been extensively applied to examine targeted traffic circulation charges, occupancy, common velocity and spot speed. However, as different sensors come on to the market place, the weaknesses of camera-primarily based strategies develop into a lot more obvious. For illustration, cameras have been demonstrated to go through in minimal-light circumstances, are vulnerable to optical illusions and do not allow for for peoples privacy. It is expected that lidar will play a pivotal position in the growth of the ITS marketplace since lidar sensors give sturdy 3D knowledge that allows for outstanding item detection and monitoring in a vast assortment of lighting and climate circumstances although preserving anonymity and have confidence in among the public.

The white paper captures how lidar technological know-how can be the catalyst for a groundbreaking knowledge change that will effect transportation scheduling and units, and get ready our roadways for the long term, said Carlos Cardillo, Director, Nevada Heart for Applied Investigate. Velodyne sensors are powering ˜lidar-enhanced roads that address roadway congestion monitoring and around-crash examination. They are also enabling info communications with related vehicles to aid eco-drive and collision avoidance apps.

The Nevada Centre for Applied Study is conducting visionary wise metropolitan areas analysis that can assistance noticeably boost targeted traffic security and mitigate roadway potential risks, stated Jon Barad, Vice President of Small business Enhancement, Velodyne Lidar. Their function obviously demonstrates Velodynes lidar sensors are prepared now to enable build smarter, safer transportation infrastructure.

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technological know-how with the invention of authentic-time surround see lidar sensors. Velodyne is the very first public pure-perform lidar firm and is regarded globally for its broad portfolio of breakthrough lidar systems. Velodynes groundbreaking sensor and program answers present adaptability, high-quality and effectiveness to fulfill the wants of a broad range of industries, like autonomous cars, state-of-the-art driver aid programs (ADAS), robotics, unmanned aerial motor vehicles (UAV), good metropolitan areas and safety. Via continuous innovation, Velodyne strives to rework lives and communities by advancing safer mobility for all. For additional information, go to www.velodynelidar.com.

Forward Searching Statements

This press launch includes “forward on the lookout statements” in just the this means of the “safe harbor” provisions of the United States Personal Securities Litigation Reform Act of 1995 which include, without having limitation, all statements other than historical simple fact and involve, without the need of limitation, statements regarding Velodynes goal markets, new items, advancement attempts, competitiveness. When employed in this push launch, the terms “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” can, “should,” “future,” “propose” and variations of these text or equivalent expressions (or the negative versions of these types of words or expressions) are intended to establish ahead-on the lookout statements. These forward-searching statements are not assures of foreseeable future efficiency, circumstances or results and require a variety of known and unfamiliar dangers, uncertainties, assumptions and other essential components, lots of of which are outdoors Velodyne’s control, that could cause precise outcomes or results to differ materially from those talked over in the ahead-searching statements. Vital aspects, among other people, that might influence true benefits or results include things like Velodyne’s capability to manage expansion Velodyne’s skill to execute its organization approach uncertainties associated to the potential of Velodyne’s customers to commercialize their items and the final sector acceptance of these goods the uncertain effects of the COVID-19 pandemic on Velodyne’s and its customers’ companies uncertainties related to Velodyne’s estimates of the dimensions of the marketplaces for its items uncertainties pertaining to authorities regulation and adoption of lidar for pedestrian security, targeted traffic congestion and wise metropolis purposes the rate and degree of market acceptance of Velodyne’s products and solutions the achievements of other competing lidar and sensor-associated products and solutions that exist or could turn out to be accessible Velodyne’s potential to identify and combine acquisitions uncertainties connected to Velodyne’s latest litigation and opportunity litigation involving Velodyne or the validity or enforceability of Velodyne’s mental home and typical financial and industry problems impacting demand for Velodyne’s products and solutions and solutions. Velodyne undertakes no obligation to update or revise any forward-on the lookout statements, no matter whether as a end result of new info, upcoming situations or if not, except as necessary by legislation.

Investor Relations

Andrew Hamer

Main Economical Officer

[email protected]

Media

Landis Communications Inc.

Sean Dowdall

(415) 286-7121

[email protected]

Della C. Mae

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