Velodyne Lidar Showcases Velabit: New Versatile & Affordable 3d Sensor | Financial Buzz

Velodyne Lidar Showcases Velabit: New Versatile & Affordable 3d Sensor

Velodyne Lidar, Inc. introduced Velabit, the company’s smallest sensor to offer a versatile & affordable 3d sensor option at the CES 2020.  The Velabit utilizes Velodyne’s lidar technology to mass produce and enable cost optimization.  The sensor has the same technology & performance on Velodyne’s complete start of the art sensors and may create ‘endless possibilities’ for new applications in a multitude of industries.  The Velabit can be embedded nearly anywhere in robots, vehicles UAVs, infrastructure etc. 

The Velabit is an ideal automotive grade lidar solution for Advanced Driver Assistance Systems (ADAS), including autonomous vehicles.  It can properly perceive Blind-Spot Monitoring, Automatic Emergency Braking, Cross Traffic Detection, Bicyclist and Pedestrian Safety.  Easily adjusted for customer applications, the Velabit may be combined with other Velodyne lidar sensors, for high speed operations or standalone functions in low-speed applications. 

“The Velabit democratizes lidar with its ultra-small form factor and its sensor pricing targeted at $100 in high-volume production, making 3D lidar available for all safety-critical applications,” said Anand Gopalan, Chief Executive Officer, Velodyne Lidar. “Its combination of performance, size and price position the Velabit to drive a quantum leap in the number of lidar-powered applications. The sensor delivers what the industry has been seeking: a breakthrough innovation that can jump-start a new era of autonomous solutions on a global scale.”

“Before the Velabit there was no suitable small and lightweight lidar for small unmanned aerial vehicles and unmanned ground vehicles performing obstacle avoidance or mapping,” said Alberto Lacaze, president, Robotic Research. “Since Robotic Research’s Pegasus MiniTM is a fully autonomous ground and air vehicle, it requires the Velabit’s size and versatility. In addition, the Velabit enables the most advanced GPS-denied HD mapping in the industry. The Velabit fills a much-needed space in the market and is currently in a class of its own.”