Velodyne Lidar

Exterro Hires Paul Valentino as New Chief People Officer

Retrieved on: 
Wednesday, January 17, 2024
Privacy, Synopsys, San Francisco Bay Area, Proofpoint, Feedback, Mentorship, DEI, Environment, Velodyne Lidar, Acquisition, Organization, CPO, Best, Growth, Management

PORTLAND, Ore., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Exterro, the leading provider of data risk management software solutions, today announced the appointment of Paul Valentino, a visionary leader in human resources and business strategy, as chief people officer (CPO), effective January 1, 2024.

Key Points: 
  • PORTLAND, Ore., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Exterro, the leading provider of data risk management software solutions, today announced the appointment of Paul Valentino, a visionary leader in human resources and business strategy, as chief people officer (CPO), effective January 1, 2024.
  • The appointment of Valentino reflects Exterro’s long-term commitment to nurturing and developing their most valuable asset: their people.
  • “We’re thrilled to welcome Paul Valentino to Exterro as we embark on our next phase of growth,” said Bobby Balachandran, CEO of Exterro.
  • His appointment underscores our commitment to creating a workplace culture where every individual thrives.”
    “I’m honored and thrilled to join Exterro at such an exciting and pivotal time,” Valentino said.

LiDAR Market worth $3.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 25, 2024
GPS, Topography, Data collection, COVID-19, Stereopsis, Augmented reality, Growth, Building automation, SABRE, Sick AG, Gesellschaft mit beschränkter Haftung, Engineering, Time of flight, Consumer electronics, QQVGA, HQVGA, Component, VGA, Smart camera, Lidar, QVGA, Hardware, Laser, Resolution, Imus, ADAS, Mobile robot, Machine vision, Velodyne Lidar, Structured light, Trimble Inc., LIDAR, Surveying

By type, the mechanical segment is projected to hold the larger share of the lidar market in 2029.

Key Points: 
  • By type, the mechanical segment is projected to hold the larger share of the lidar market in 2029.
  • This leads to the larger size of the mechanical LiDAR market.
  • The solid-state LiDAR sensors have a shorter range than mechanical LiDAR sensors, typically only a few hundred meters.
  • Additionally, the cost of solid-state LiDAR sensors is typically higher than that of mechanical Lidar sensors.

Global Automotive LIDAR Market Insights and Forecast Report 2023-2028: Growing Scope of Multiple LIDAR Fitment across All Levels of Automation - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 22, 2023
Vehicle Technology, Automotive, SNR, Carbon, Automotive industry, Signal-to-noise ratio, Velodyne Lidar, Air pollution, Urbanization, FOV, Acceleration, Electricity, Ford Motor Company, General Motors, Ecosystem, Map, COVID-19, OEM, Partnership, Field of View, Growth, Original equipment manufacturer, Car, Environment, Radar, Mechanical, Instrumentation, Surveying, LIDAR

Global automotive LIDAR market is expected to reach US$0.74 billion by 2023, growing at a CAGR of 33.18% during the forecast period.

Key Points: 
  • Global automotive LIDAR market is expected to reach US$0.74 billion by 2023, growing at a CAGR of 33.18% during the forecast period.
  • Also, global automotive LIDAR market volume is likely to rise to 0.69 million units in 2023.
  • Global automotive LIDAR market is fragmented, with more than 60 private and public LIDAR companies at varying stages of development.
  • By Technology: In terms of technology, the report offers insights of the global automotive LIDAR market into two segments: Solid-State LIDAR and Mechanical LIDAR.

Advancing Automation: IDTechEx Research the Continued Rise of the Robotics Industry Over the Next Decade

Retrieved on: 
Monday, December 18, 2023
Printing, Delivery, Prevalence, AMR, European Commission, SME, Robotics, Traction, FANUC, Civil service commission, KUKA, ABB, Audi, Benchmarking, Cobot, Automation, Kawasaki, Airport, Universal Robots, Velodyne Lidar, QR, Compound annual growth rate, Human, Software, Growth, 3D, Lidar, Market, Walking, Players, AGV, Transport, 3D printing, Consumer electronics, Logistics, Nissan

Among these, automated guided vehicles (AGVs) have gained more traction than autonomous mobile robots (AMRs) due to their simpler design.

Key Points: 
  • Among these, automated guided vehicles (AGVs) have gained more traction than autonomous mobile robots (AMRs) due to their simpler design.
  • IDTechEx predicts that the annual market size of AMRs for intralogistics could experience a 52-fold increase by 2044 compared to 2023.
  • Service robotics encompasses a wide array of applications, including underwater robots, cleaning robots, logistics robots, social robots, agricultural robots, and kitchen/restaurant robots.
  • For the full IDTechEx robotics research portfolio please visit www.IDTechEx.com/Research/Robotics , and for the 3D printing/additive manufacturing portfolio please see www.IDTechEx.com/Research/3D .

Advancing Automation: IDTechEx Research the Continued Rise of the Robotics Industry Over the Next Decade

Retrieved on: 
Monday, December 18, 2023
Printing, Delivery, Prevalence, AMR, European Commission, SME, Robotics, Traction, FANUC, Civil service commission, KUKA, ABB, Audi, Benchmarking, Cobot, Automation, Kawasaki, Airport, Universal Robots, Velodyne Lidar, QR, Compound annual growth rate, Human, Software, Growth, 3D, Lidar, Market, Walking, Players, AGV, Transport, 3D printing, Consumer electronics, Logistics, Nissan

Among these, automated guided vehicles (AGVs) have gained more traction than autonomous mobile robots (AMRs) due to their simpler design.

Key Points: 
  • Among these, automated guided vehicles (AGVs) have gained more traction than autonomous mobile robots (AMRs) due to their simpler design.
  • IDTechEx predicts that the annual market size of AMRs for intralogistics could experience a 52-fold increase by 2044 compared to 2023.
  • Service robotics encompasses a wide array of applications, including underwater robots, cleaning robots, logistics robots, social robots, agricultural robots, and kitchen/restaurant robots.
  • For the full IDTechEx robotics research portfolio please visit www.IDTechEx.com/Research/Robotics , and for the 3D printing/additive manufacturing portfolio please see www.IDTechEx.com/Research/3D .

Innoviz Reports Third-Quarter 2023 Results, Delivering Strong Sequential and Year-Over-Year Revenue Growth

Retrieved on: 
Wednesday, November 8, 2023
Volkswagen Group, Velodyne Lidar, COGS, Electronics, RFQ, BMW Group Plant Dingolfing, TEL, Shuttle, Certification, Lidar, MRM, Level 3, SOP, Consumer Electronics Show, Tier 1, ASIC, CES, BMW, NRE, Automotive industry, Cryptocurrency, Video game

TEL AVIV, Israel, Nov. 8, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the third quarter ended September 30, 2023 and reiterated 2023 commercial and financial targets.

Key Points: 
  • The change highlights the flexibility of the platform and is expected to increase the total revenue content per vehicle available to Innoviz.
  • The 138% quarter-over-quarter increase in revenues was driven by strong growth in InnovizTwo unit sales, which increased 102% sequentially, coupled with incremental NRE revenue.
  • Operating expenses in Q3 2023 were $27.8 million, a decrease of 11% compared to operating expenses of $31.3 million in Q3 2022.
  • Operating expenses for Q3 2023 included $5.0 million of share-based compensation compared to $4.9 million of share-based compensation in Q3 2022.

Autonomous Vehicles Will Drive Automotive Sensor Market Growth, Finds IDTechEx Research

Retrieved on: 
Wednesday, October 11, 2023
Lidar, Certification, Ultrasound, 3D, S class, Players, 2600-series (CTA), Radar, Original equipment manufacturer, SAE, Safety, Sensor, Velodyne Lidar, ADAS, Growth, Pedestrian, BMW, Darkness, Mercedes, City, Life, Research, Instrumentation, Bridge

With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.

Key Points: 
  • With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.
  • IDTechEx's report "Automotive Radar 2024-2044: Forecasts, Technologies, Applications" finds that 70% of new vehicles are shipped with a forward-facing radar.
  • This seismic change in radar technology unlocks new performance and new value for this sensor with a long-established presence in the automotive market.
  • The automotive LiDAR market is currently very small, with only a handful of vehicles deploying this futuristic sensor.

Autonomous Vehicles Will Drive Automotive Sensor Market Growth, Finds IDTechEx Research

Retrieved on: 
Wednesday, October 11, 2023
Lidar, Certification, Ultrasound, 3D, S class, Players, 2600-series (CTA), Radar, Original equipment manufacturer, SAE, Safety, Sensor, Velodyne Lidar, ADAS, Growth, Pedestrian, BMW, Darkness, Mercedes, City, Life, Research, Instrumentation, Bridge

With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.

Key Points: 
  • With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.
  • IDTechEx's report "Automotive Radar 2024-2044: Forecasts, Technologies, Applications" finds that 70% of new vehicles are shipped with a forward-facing radar.
  • This seismic change in radar technology unlocks new performance and new value for this sensor with a long-established presence in the automotive market.
  • The automotive LiDAR market is currently very small, with only a handful of vehicles deploying this futuristic sensor.

Vayu Robotics Emerges from Stealth with $12.7 Million in Seed Funding from Khosla Ventures and Lockheed Martin Ventures

Retrieved on: 
Tuesday, October 3, 2023
Technology, Finance, Engineering, Professional Services, Manufacturing, Software, Hardware, Robotics, Artificial Intelligence, University, Multimedia, Lockheed, University of Toronto, Machine learning, Khosla Ventures, Century, AI, Vayu, Velodyne Lidar, Automation, Mobile phone, Lyft, Apple

Vayu Robotics , an AI company providing high-quality, low-cost robotics solutions, today announced closure of its seed financing round of $12.7 Million led by Khosla Ventures , with participation from Lockheed Martin Ventures , ReMY Investors and others.

Key Points: 
  • Vayu Robotics , an AI company providing high-quality, low-cost robotics solutions, today announced closure of its seed financing round of $12.7 Million led by Khosla Ventures , with participation from Lockheed Martin Ventures , ReMY Investors and others.
  • This round of funding will enable Vayu to scale product development for AI robotics across markets, including last-mile delivery, factory automation and automotive.
  • “Vayu is poised to disrupt the market by creating the lowest cost ownership for robots with the best operational economics,” said Anand Gopalan, CEO at Vayu Robotics.
  • “Vayu Robotics has a viable avenue to provide our customers with cutting-edge and cost-effective robotic systems that can introduce a new wave of intelligent, autonomous solutions across multiple domains.”

China Autonomous Driving Domain Controller Research Report 2023: Advancements Towards L2++ and L2+++ Mass Production - ResearchAndMarkets.com

Retrieved on: 
Monday, August 7, 2023
Other Automotive, Aftermarket, Other Technology, Technology, Automotive, Electron capture, HD, EEA, A1000, HPP, Integration, TI, BOM, Original equipment manufacturer, Perception, Mobileye, Black box, Automotive industry, Velodyne Lidar, Research, The Pauly D Project, Lidar, BEV, SOP, Software architecture, Hardware architecture, NOA, Black sesame soup, Robotics, Map, Algorithm, Socs, Software Communications Architecture, Finnish heritage disease, OEM, L2, White box, Instrumentation, Security printing, Video game, Satellite navigation device, Robotaxi

The "China Autonomous Driving Domain Controller Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Autonomous Driving Domain Controller Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Autonomous driving domain controller research: explore computing power distribution and evolution strategies for driving-parking integrated domain controllers.
  • In China, at this stage the industry is concentrating efforts on mass production and application of L2++ or L2+++ autonomous driving that is infinitely close to L3.
  • The autonomous driving development path is becoming clear, and the industry heads in the direction of "cost reduction" and "efficiency improvement".