Lidar technology is already staking its place as one of 2021’s hottest topics. Autonomous systems that rely on lidar technology are only in their first commercial innings, but more automotive OEMS and suppliers are getting on board, as greater degrees of automation are assimilated into a wider range of vehicles. By 2030, the TAM (total addressable market) for ADAS solutions is expected to outstrip $150 billion. One of the names that could bite a decent chunk out of this market opportunity is Vel...

Velodyne Lidar and Trunk.Tech announce strategic partnership in autonomous trucking.

Over the past 12 months, investor optimism toward electric and autonomous vehicles has expanded from manufacturers to suppliers. Among those suppliers, Luminar Technologies (NASDAQ:LAZR) stock has perhaps the most intriguing story. Source: Olivier Le Moal / Shutterstock.com To be sure, LAZR stock isn’t cheap. At a current price of $31, Luminar has a market capitalization over $10 billion. It’s certainly fair to ask if the stock should trade above $30 given that Luminar was willing to execute a m...

Velodyne Lidar commended the National Highway Traffic Safety Administration (NHTSA) plan to update to its New Car Assessment Program (NCAP).

Covid-19 continues to have an impact on individual stocks, and Velodyne Lidar (VLDR) is a good example. Last Thursday, the lidar sensor maker lowered its 2020 revenue outlook, citing the pandemic as the main cause.The company now expects FY2020 revenue of $94 million, $7 million below the original $101 million guidance. Q4 revenue is now anticipated to come in between $15.5 million to $16 million, way below consensus estimates of $27.3 million.Velodyne believes it would have met its prior guidan...

Velodyne Lidar and University of Nevada, Reno’s Nevada Center for Applied Research published a white paper on lidar in transportation infrastructure.