Velodyne Lidar

Velodyne halves the cost of its lidar system

Automotive lidar manufacture Velodyne has announced a 50 per cent cost reduction for its most popular sensor system, with the intention of making autonomous driving technology more accessible and to encourage an increased uptake of lidar technology around the world

Ford's Argo AI acquires Princeton Lightwave

Argo AI, an artificial intelligence subsidiary of Ford that produces software for autonomous vehicles, has acquired lidar firm Princeton Lightwave to accelerate the development of its own self-driving technology

Automotive lidar market to reach $1.4 billion by 2022

Despite just three per cent growth in the volume of cars sold expected through to 2022, the average growth rate in sensors sales volumes will rise above 8 per cent during the next five years, and above 14 per cent growth in sales value

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