San Jose, Calif., United States:
Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) right now introduced a multi-year settlement to supply its lidar sensors to Stanley Robotics for an automatic valet parking resolution. The modern service makes use of autonomous dealing with robots to assist automotive parks to enhance the shopper expertise and improve the variety of autos that may be saved.
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All-electric, autonomous parking valet robotic “Stan” by Stanley Robotics, geared up Velodyne Lidar’s Puck sensor (Photo: Stanley Robotics)
Stanley Robotics is working with Velodyne’s Puck and Velarray M1600 lidar sensors to supply notion and navigation capabilities that allow its all-electric Stan robotic to function autonomously and safely. The sensors present real-time 3D notion knowledge for localization, mapping, object classification and object monitoring. Velodyne’s power-efficient sensors help Stan robots in a variety of difficult environmental circumstances, together with diverse temperature, lighting and precipitation.
The Stanley Robotics automated valet parking resolution geared up with Velodyne sensors is already in operation in airports and completed automobile logistics in Europe and Japan, with additional deployments anticipated in 2023, together with North America.
“High-performance sensors are key to enabling our autonomous mobile robots to reliably navigate and maneuver in narrow parking lanes,” mentioned Mathieu Lips, COO, Stanley Robotics. “Velodyne’s lidar sensors deliver the performance for Stanley Robotics’ innovative solutions. This agreement reflects Velodyne’s ability to serve the unique nature and high-level requirements of our use cases. This partnership with Velodyne also provides Stanley Robotics privileged access to best-in-class technology in the field of lidar sensors.”
“Stanley Robotics is transforming logistics for vehicles with its autonomous mobile robot technology,” mentioned Laura Wrisley, Senior Vice President, Worldwide Sales, Velodyne Lidar. “Equipped with Velodyne’s lidar sensors, Stan robots provide the precision needed to safely move, park and deliver cars where and when customers need them. This advanced system aligns with efficiency and sustainability goals of car park operators, parking cars in dense blocks and relieving the need to add costly new parking areas.”
Stanley Robotics is partnered with Mitsubishi Heavy Industries, Ltd. (MHI) to ship business alternatives in Japan and Asia-Pacific and collaborate on future industrial tasks. The initiative combines Stanley Robotics’ superior experience in autonomous cell parking robots and MHI’s industrial energy. Also, MHI invested in Stanley Robotics expertise to speed up the supply of worth to clients.
Transforming Car Parks with Advanced Technology
Using the Stanley Robotics parking service, geared up with superior autonomy expertise using Velodyne’s lidar, drivers go away their autos at a devoted drop-off/pick-up space the place the robotic takes the automotive to a safe parking space not open to the general public. When clients return, the automotive is ready within the designated space, offering drivers with considerably enhanced comfort. The Stanley Robotics automated valet parking service, powered by Velodyne’s lidar, allows environment friendly use of restricted parking area at airports, purchasing malls and extra, becoming extra autos in a single line simply centimeters aside. Car parks can then improve the variety of automobiles in a given space by as much as 50 %.
About Velodyne Lidar
Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a brand new period of autonomous expertise with the invention of real-time encompass view lidar sensors. Velodyne, the worldwide chief in lidar, is thought for its broad portfolio of breakthrough lidar applied sciences. Velodyne’s revolutionary sensor and software program options present flexibility, high quality and efficiency to fulfill the wants of a variety of industries, together with robotics, industrial, clever infrastructure, autonomous autos and superior driver help methods (ADAS). Through steady innovation, Velodyne strives to rework lives and communities by advancing safer mobility for all.
About Stanley Robotics
Stanley Robotics is a deep tech firm that mixes {hardware} and software program to supply options for outside logistics. The expertise lies in a robotic lifting and transferring automobiles autonomously and in an clever storage administration software program. Robotics has remodeled indoor logistics (e.g., in warehouses), leading to a spectacular improve of productiveness. Stanley Robotics’ ambition is to convey this transformation to outside logistics with their proprietary applied sciences. Founded in 2015, the SME is headquartered in Paris, France, and can be behind the world’s first outside robotic valet parking service. For extra info, go to https://stanley-robotics.com/.
Forward Looking Statements
This press launch incorporates “forward looking statements” throughout the that means of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 together with, with out limitation, all statements aside from historic reality and embrace, with out limitation, statements relating to Velodyne’s goal markets, new merchandise, growth efforts, and competitors. When used on this press launch, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “can,” “should,” “future,” “propose” and variations of those phrases or related expressions (or the destructive variations of such phrases or expressions) are meant to establish forward-looking statements. These forward-looking statements will not be ensures of future efficiency, circumstances or outcomes and contain quite a lot of identified and unknown dangers, uncertainties, assumptions and different vital components, lots of that are exterior Velodyne’s management, that might trigger precise outcomes or outcomes to vary materially from these mentioned within the forward-looking statements. Important components, amongst others, which will have an effect on precise outcomes or outcomes embrace uncertainties relating to authorities regulation and adoption of lidar, the unsure influence of the COVID-19 pandemic on Velodyne’s and its clients’ companies; Velodyne’s potential to handle progress; Velodyne’s potential to execute its business plan; uncertainties associated to the power of Velodyne’s clients to commercialize their merchandise and the final word market acceptance of those merchandise; the speed and diploma of market acceptance of Velodyne’s merchandise; the success of different competing lidar and sensor-related services and products that exist or might develop into out there; uncertainties associated to Velodyne’s present litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne’s mental property; and basic financial and market circumstances impacting demand for Velodyne’s services and products. For extra details about dangers and uncertainties related with Velodyne’s business, please confer with the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Velodyne’s SEC filings, together with, however not restricted to, its annual report on Form 10-Ok and quarterly reviews on Form 10-Q. All forward-looking statements on this press launch are based mostly on info out there to Velodyne as of the date hereof, Velodyne undertakes no obligation to replace or revise any forward-looking statements, whether or not because of new info, future occasions or in any other case, besides as required by regulation.
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