Velabit from Velodyne
CEO: Anand Gopalan
HQ: San Jose, CA
Velodyne Lidar, Inc. introduced Velabit™, Velodyne’s smallest sensor which brings new levels of versatility and affordability to 3D lidar perception, at the Consumer Electronics Show in January 2020. The Velabit, a game-changing lidar sensor, leverages Velodyne’s innovative lidar technology and manufacturing partnerships for cost optimization and high-volume production.
The sensor advances Velodyne’s mission to make high-quality 3D lidar sensors readily accessible to everyone. The Velabit is smaller than a deck of playing cards, and it shatters the price barrier, costing $100.00 per sensor.
Velodyne’s smallest sensor brings new levels of versatility and affordability to 3D lidar perception. The compact, mid-range Velabit is highly configurable for specialized use cases and can be embedded almost anywhere. With the Velabit, the possibilities are endless. It is designed to be easy to manufacture at mass production levels.
On September 30 2020, Velodyne was listed on the NASDAQ as VLDR with a market value of $1.8 Billion.