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Velodyne Lidar Signs Multi-Year Agreement With GreenValley International

Author: Benzinga Newsdesk | November 17, 2022 07:50am

Velodyne Lidar, Inc. (NASDAQ:VLDR, VLDRW))))) today announced a multi-year agreement to provide its lidar sensors to GreenValley International for handheld, mobile and unmanned aerial vehicle(UAV) 3D mapping solutions, including in GPS-denied environments. Velodyne is already shipping sensors to GreenValley as part of this agreement.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221117005179/en/

GreenValley International's LiBackpack DGC50 mobile backpack 3D mapping system equipped with Velodyne Lidar's Puck lidar sensors. Photo credit: GreenValley International

GreenValley uses Velodyne's Puck lidar sensors to provide perception and navigation capabilities that enable their systems to utilize SLAM (simultaneous localization and mapping) in their mobile mapping solutions. The ability to scan without GPS by using lidar allows foresters, archaeologists, civil engineers and surveyors to build robust datasets without preparations ahead of time or complex post-processing software. Velodyne's power-efficient, versatile sensors allow GreenValley to incorporate their technology into a variety of form factors, from backpacks to drones/UAVs to handheld mobile devices that can be used in a wide range of indoor and outdoor environments, regardless of temperature, lighting or precipitation.

"Adopting Velodyne's industry-leading lidar sensors has enabled GreenValley to innovate and provide various industries with cutting-edge, reliable 3D mapping solutions," said Dr. Qinghua Guo, CEO of GreenValley International. "Velodyne's lidar sensors currently power select models in our aerial and handheld mapping catalog. We have received extremely positive end user feedback, and we are excited about our future collaborations."

"GreenValley is transforming various industries with its innovative and reliable lidar-powered 3D mapping solutions," said Dr. Ted Tewksbury, CEO of Velodyne Lidar. "Enabled by Velodyne's lidar sensors, GreenValley's aerial and mobile mapping product catalog has greatly improved data processing efficiency, saving time and reducing costs for customers worldwide."

Posted In: VLDR

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