Velodyne Lidar Launches Vella Family of Software Products | Zonebourse

New Sensor Management, Calibration, Perception and Cloud Computing Software Offerings Enable Customers to Accelerate Development of Lidar-Based Solutions

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) has just announced the launch of the beta version of its Vella family of software products.vella enables Velodyne customers to accelerate the development of lidar-based vision solutions for stand-alone applications. Through the Vella Portal online platform, Velodyne customers can easily access Vella’s software offerings, including Vella Go for the management of lidar sensors,Vella Perception for application development and Vella Cloud Services for artificial intelligence (AI) capabilities.

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Velodyne Lidar’s Vella software family includes sensor management, calibration, perception and cloud computing offerings. Image credit: Velodyne Lidar, Inc.

“Velodyne customers employ lidar technology to improve autonomy in a multitude of markets – from transportation and infrastructure to industry, robotics and more,” said Ted Tewksbury, CEO of Velodyne Lidar. “Vella gives customers the power to quickly build lidar development programs so they can design new AI-driven applications more efficiently. We look forward to seeing how Vella enables customers to bring their solutions to market faster and more cost-effectively to advance the safety, efficiency and sustainability of businesses and communities.”

Main features

Vella Portal

  • Easy and secure account management

  • Single access to all Vella software offerings

  • Information and access to customer support

Vella Go

  • Free set of sensor management tools for out-of-the-box integration

  • Automatic detection and configuration of all Velodyne sensors

  • Diagnostic feed and live point cloud visualization

  • Update lidar firmware and drivers

  • Vella Go Premium enhances the Vella Go experience with additional lidar calibration and point cloud stitching tools

Vella Perception

  • Simplifies the implementation of perception to easily design intelligent and autonomous applications

  • Allows detection of 3D objects

  • Detection of obstacles and free spaces and scene segmentation

  • Seamless integration and updates

  • Support for multiple domains and operational environments

Vella Cloud Services

  • Leverages the unique capabilities of Vella Perception in the cloud to enable AI-based object detection and classification that is scalable, fast, and inexpensive

  • Provides lidar data management and perception services

  • View loaded raw lidar datasets

  • Allows applications to improve system accuracy

Customers with Velodyne sensors can get started with a free trial by contacting Velodyne to activate their account. For more information, contact Velodyne Sales at 669.275.2526 or sales@velodyne.com.

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushers in a new era of autonomous technology with the invention of real-time, peripheral-vision lidar sensors. Velodyne, the world leader in lidar technology, is known for its broad portfolio of breakthrough lidar technologies. Velodyne’s breakthrough sensor and software solutions provide the flexibility, quality and performance to meet the needs of many industries, including robotics, industry, smart infrastructure, autonomous vehicles and advanced driver assistance systems. driving (ADAS). Through continuous innovation, Velodyne strives to transform lives and communities through advances in safer mobility for all.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, including, but not limited to, all statements other than statements of fact historical information, and including, but not limited to, statements relating to Velodyne’s target markets, new products, development efforts and competition. When used in this press release, the words “estimates”, “projected”, “expects”, “anticipates”, “expects”, “plans”, “intends”, ” believes”, “seeks”, “may”, “should”, “future”, “propose”, as well as the use of the future, the conditional and variations of these words or similar expressions (or negative forms of these) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties and assumptions, as well as other important factors, many of which are beyond the control of Velodyne’s will and could cause actual results to differ materially from those discussed in the forward-looking statements. Important factors that could affect actual results include, among others, the impact of the current COVID-19 pandemic on the business and financial condition of Velodyne and that of its customers and suppliers; supply chain issues in the semiconductor market; Velodyne’s ability to execute its business plan; the timing of revenue from existing customers, including uncertainties relating to the ability of Velodyne’s customers to commercialize their products and those relating to eventual market acceptance of such products; uncertainties related to Velodyne’s estimates of the size of markets for its products and future revenue opportunities, including projects not yet signed or awarded; costs related to the acquisition of the Amazon warrant; the rate and degree of market acceptance of Velodyne Lidar’s products across a variety of industries; the success of other competing lidar and sensor-related products and services that already exist or may enter the market; rising costs adversely affecting Velodyne’s profitability; uncertainties relating to current Velodyne Lidar litigation and potential litigation involving Velodyne Lidar or relating to the validity or enforceability of Velodyne’s intellectual property; the risk that the proposed merger with Ouster will be delayed or may not proceed for any number of reasons, including the inability of either party to obtain a shareholder vote or delays in obtaining such a vote, or termination of the agreement by either party under customary termination rights; disruptions to our business in the time of the proposed merger, including management diversion as well as the reaction of our business partners and employees; the risk of negative publicity and litigation due to the proposed merger; the diversion of management time in connection with the proposed merger; customary operating covenants in the merger agreement that limit Velodyne Lidar’s ability to engage in certain actions without Ouster’s consent (which shall not be unreasonably withheld); the risk that the combined company will fail to realize the anticipated benefits and cost savings of the merger; Velodyne Lidar’s ability to partner with and rely on third party manufacturers; general economic and market conditions impacting demand for Velodyne Lidar’s products and services; as well as changes in applicable laws or regulations.

For additional information on the risks and uncertainties associated with Velodyne’s business, please see the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections in Velodyne’s filings with the SEC. , including its annual report on Form 10-K and its quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to Velodyne as of the date hereof. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason, except as required by law.

The text of the press release resulting from a translation should in no way be considered official. The only authentic version of the press release is that of the press release in its original language. The translation will always have to be compared with the source text, which will set a precedent.

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Velodyne Lidar Launches Vella Family of Software Products | Zonebourse


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