Nikon will help build Velodyne's lidar sensors for future self-driving cars

Nikon will help build Velodyne's lidar sensors for future self-driving cars

5 years ago
Anonymous $9jpehmcKty

https://www.cnet.com/roadshow/news/nikon-velodyne-lidar-sensor-manufacturing-self-driving-cars/

"Mass production of our high-performance lidar sensors is key to advancing Velodyne's immediate plans to expand sales in North America, Europe, and Asia," said Marta Hall, president of Velodyne Lidar, in a statement. "It is our goal to produce lidar in the millions of units with manufacturing partners such as Nikon. Working with Nikon, an expert in precision manufacturing, is a major step toward lowering the cost of our lidar products."

Nikon has already invested $25 million in Velodyne's business, so this manufacturing announcement represents the first big step in their partnership. Velodyne didn't specify how else the two companies plan to join forces, saying only that the pair "will continue to investigate further areas of a wide-ranging and multifaceted business alliance." Velodyne did say, though, that it wants its lidar to be used beyond automotive applications, including agriculture, mapping and security.