January 17, 2021

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Velodyne Lidar Powers Intelligent Site visitors Management

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Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) and College of Nevada, Renos Nevada Center for Utilized Exploration these days revealed a white paper that demonstrates lidar sensors means to make transportation infrastructure far more productive, sustainable and protected. The white paper stories effects of analysis using Velodynes lidar sensors to enhance website traffic analytics, maximize pedestrian protection, reduce accidents and work towards facilitated use of autonomous vehicles.

Velodyne is excited to supply lidar technology for units that safeguard pedestrians at town intersections and lessen targeted traffic mishaps. We have a synergistic connection with the College of Nevada, Reno, which is conducting cooperative exploration to even more the improvement of safety options at the infrastructure amount employing sensible technology. This white paper is significant to explain our collaborative operate for the protection and properly-getting of city communities, said Marta Corridor, Chief Promoting Officer at Velodyne.

The white paper, known as Roadside Lidar Assisting to Construct Clever and Secure Transportation Infrastructure, can be downloaded right here. Also available is a movie referred to as Good Towns: Enhancing Mobility, Accessibility and Safety with Sensor Technology, which can be seen right here. The video clip seems at how lidar can be a catalyst for good city programs that increase public products and services and enrich safety and excellent of lifetime.

In accordance to the investigation agency Markets and Markets, the Smart Transportation Procedure (ITS) market place for roadways is expected to develop from USD 17.9 billion in 2020 to USD 36.5 billion by 2025, at a CAGR of 15.3 percent. This progress can be attributed to enhanced pedestrian basic safety concerns, escalating traffic congestion challenges and wise metropolis developments close to the earth.

The paper showcases analysis done by the University of Nevada, Renos Nevada Heart for Applied Investigate, in conjunction with the Regional Transportation Fee of Washoe County, Regional Transportation Fee of Southern Nevada and the Nevada Division of Transportation. The challenge has deployed Velodynes Ultra Puck lidar sensors with targeted visitors indicators in real-globe test environments, known as Residing Laboratories, in Reno and Henderson, and sponsored by the Nevada Governors Place of work of Economic Improvement. It leveraged the details captured with Velodynes sensors to support boost traffic analytics, congestion management and pedestrian security.

The task validated the feasibility of making use of roadside lidar sensors to present substantial-precision, multimodal website traffic trajectories by testing with different sensors, deployment procedures and targeted visitors eventualities. It demonstrated that roadside lidar info can assistance connected-and-autonomous autos (CAV), boost site visitors mobility and security analysis and integrate with present traffic infrastructure for automatic pedestrian/wildlife warning.

The project also achieved profitable implementation of lidar-centered automatic rectangular speedy flash beacons (RRFB), which unlike standard RRFB, not only serve the crosswalk space but offer several further features. These include things like site visitors general performance information selection, jaywalk event recording and supporting infrastructure to serve CAVs and connected non-motorist roadway people.

Until finally just lately, existing digicam-centered ITS targeted traffic monitoring systems have been widely applied to examine traffic stream premiums, occupancy, average velocity and place pace. Nonetheless, as alternate sensors occur onto the industry, the weaknesses of camera-based mostly techniques grow to be far more evident. For case in point, cameras have been demonstrated to endure in minimal-gentle situations, are prone to optical illusions and do not enable for peoples privacy. It is predicted that lidar will participate in a pivotal position in the growth of the ITS market place mainly because lidar sensors deliver sturdy 3D information that lets for excellent object detection and tracking in a vast wide variety of lighting and temperature problems though preserving anonymity and believe in among the public.

The white paper captures how lidar technological know-how can be the catalyst for a revolutionary details adjust that will effect transportation preparing and techniques, and prepare our roadways for the future, claimed Carlos Cardillo, Director, Nevada Heart for Utilized Research. Velodyne sensors are powering ˜lidar-increased roadways that tackle roadway congestion checking and around-crash investigation. They are also enabling knowledge communications with linked vehicles to assistance eco-generate and collision avoidance purposes.

The Nevada Middle for Utilized Exploration is conducting visionary clever towns exploration that can aid substantially make improvements to targeted visitors protection and mitigate roadway potential risks, claimed Jon Barad, Vice President of Business enterprise Development, Velodyne Lidar. Their function obviously demonstrates Velodynes lidar sensors are completely ready these days to support construct smarter, safer transportation infrastructure.

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous know-how with the invention of actual-time surround watch lidar sensors. Velodyne is the to start with general public pure-play lidar firm and is regarded throughout the world for its wide portfolio of breakthrough lidar technologies. Velodynes groundbreaking sensor and application remedies offer flexibility, quality and efficiency to meet the desires of a vast array of industries, including autonomous autos, advanced driver assistance programs (ADAS), robotics, unmanned aerial motor vehicles (UAV), intelligent metropolitan areas and safety. Through continuous innovation, Velodyne strives to remodel life and communities by advancing safer mobility for all. For far more facts, visit www.velodynelidar.com.

Ahead Looking Statements

This push launch contains “forward hunting statements” within just the meaning of the “safe harbor” provisions of the United States Personal Securities Litigation Reform Act of 1995 together with, devoid of limitation, all statements other than historic truth and involve, without limitation, statements relating to Velodynes concentrate on markets, new merchandise, growth attempts, levels of competition. When utilised in this press launch, the terms “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” can, “should,” “future,” “propose” and variants of these terms or comparable expressions (or the adverse versions of these kinds of phrases or expressions) are supposed to determine ahead-hunting statements. These forward-seeking statements are not assures of foreseeable future performance, circumstances or final results and contain a range of recognised and not known risks, uncertainties, assumptions and other essential variables, several of which are exterior Velodyne’s regulate, that could result in genuine effects or outcomes to differ materially from those people reviewed in the ahead-seeking statements. Crucial components, among many others, that may well have an impact on real success or results consist of Velodyne’s capacity to manage progress Velodyne’s capacity to execute its enterprise prepare uncertainties associated to the means of Velodyne’s buyers to commercialize their products and the ultimate industry acceptance of these products the unsure effect of the COVID-19 pandemic on Velodyne’s and its customers’ organizations uncertainties related to Velodyne’s estimates of the dimension of the marketplaces for its products and solutions uncertainties with regards to govt regulation and adoption of lidar for pedestrian protection, targeted traffic congestion and sensible city programs the amount and degree of current market acceptance of Velodyne’s goods the good results of other competing lidar and sensor-associated merchandise and companies that exist or may turn out to be readily available Velodyne’s capacity to discover and integrate acquisitions uncertainties similar to Velodyne’s recent litigation and possible litigation involving Velodyne or the validity or enforceability of Velodyne’s intellectual home and common economic and industry ailments impacting demand from customers for Velodyne’s merchandise and products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, irrespective of whether as a result of new information, long term functions or otherwise, besides as expected by law.

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