Velodyne Lidar, Inc.
VLDRW
NASDAQ Global Select0.32
USD
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Velodyne Lidar, Inc.
VLDRW
(NASDAQ Global Select)
Recent
price
0.32
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Velodyne Lidar, Inc. is a Silicon Valley-based lidar technology company headquartered in San Jose, California, specializing in the design, manufacture, and sale of advanced lidar sensor systems. The company’s core products include surround-view lidar sensors for autonomous vehicles; solid-state lidar units for advanced driver-assistance systems (ADAS); drones and mobile robotics lidar sensors; mapping and surveying lidar solutions; security and industrial safety sensors; and intelligent infrastructure monitoring systems. Its product portfolio features notable sensor models such as the VLP-16, Velarray, VelaDome, and the Alpha Prime, designed to provide high-resolution 3D imaging, real-time 360-degree surround view, and robust object detection capabilities. Velodyne also offers software solutions, including the Vella Development Kit and Vella software suite, which enable lidar integration, perception processing, and cloud-based analytics for autonomous and smart city applications. Founded in 1983 as a division of Velodyne Acoustics and spun off as an independent entity in 2016, the company has pioneered real-time 3D lidar technology and serves customers globally in automotive, robotics, mapping, infrastructure, and smart city sectors. In recent years, Velodyne has expanded its software capabilities and AI integration through the acquisition of Bluecity, a Montreal-based AI software company focused on lidar-based smart city solutions. This acquisition enhances Velodyne’s Intelligent Infrastructure Solution (IIS), combining lidar sensors with AI analytics for traffic monitoring and public safety. A major strategic development occurred in February 2023 when Velodyne merged with fellow lidar company Ouster, consolidating their market presence and product offerings. The company maintains strategic partnerships with industry players such as Ford, Baidu, Nikon, Boston Dynamics, and GreenValley International, supporting deployment in autonomous mobility, smart infrastructure, and robotics. Velodyne operates across multiple geographic regions including North America, Europe, Asia, and the Middle East, with systems deployed across four continents. Its customer base encompasses automotive manufacturers, robotics companies, metropolitan governments, and technology integrators. Recent innovations include enhanced sensor-to-sensor interference mitigation, improved thermal performance, and scalable AI-powered perception software solutions delivered via SaaS models that accelerate deployment of autonomous vision systems. Headquartered in San Jose, California, Velodyne Lidar continues to lead as a pure-play lidar technology provider focused on enabling autonomous mobility and intelligent infrastructure through integrated hardware and software solutions.