lidar

Velodyne Lidar and Graf Industrial Corp (NYSE: GRAF) have set a date to vote on their merger. What Happened: Shareholders will vote Sept. 29 to approve Velodyne Lidar going public via a SPAC. Shares will trade on the NASDAQ under the ticker symbol "VLDR" if the deal is approved. Why...

What Happened: The special purpose acquisition company Graf Industrial Corp (NYSE: GRAF) is in talks to merge with Velodyne Lidar Inc., according to Bloomberg.  The deal would be similar to Nikola Motors' (NASDAQ: NKLA) route to the public markets.  SPACs have taken hold in the market...

Pioneering autonomous vehicle engineer Anthony Levandowski has been arrested and charged with theft of trade secrets. Levandowski was indicted by federal prosecutors who allege he stole or tried to steal files from Waymo, the self-driving car subsidiary of Google’s parent company Alphabet Inc...

Aurora Innovation plans to buy Montana-based Blackmore, a company that develops light detection and ranging radar (lidar) technology for self-driving vehicles. The acquisition comes several months after Aurora's $530 million Series B funding round, which was led by Sequoia Capital and "significant...

Just yesterday FreightWaves took note of the red-hot LIDAR market, with a news brief on San Francisco based Ouster landing additional venture capital. The fire continued to burn bright this week, with Israeli LIDAR startup Innoviz Technologies announcing it too had scored more venture dollars...

Sydney, Australia-based Baraja will engage in a major hiring spree this year after it closed a US$32 million (just under A$45 million) round of venture capital financing in mid-December. The start-up, which is developing machine perception technology to help enable the development of self-driving...

Tesla Inc (NASDAQ: TSLA) posted marginal top- and bottom-line beats in its Wednesday earnings report, and traders retreated Thursday with a 5-percent pullback. Analysts reflected on the quarter with similar ambivalence. The Cash Situation Nomura analyst Romit Shah considered the report decidedly...

The adoption of autonomous vehicles is a matter of trust, according to Intel Corporation (NASDAQ: INTC). The chipmaker is building its own fleet of autonomous test vehicles — not with the intention of entering the automotive sector, but rather to validate algorithms, map roads and conduct...

Tesla Inc (NASDAQ: TSLA) is making progress on autonomous vehicles with its camera-only approach, but other manufacturers sold on LiDAR have been stunted by the sensor’s high expense and limited manufacturability. “The self-driving car industry has been held back for the last two years...

The players in the self-driving vehicle space aren't exactly securely in the driver's seat, hands firmly on the steering wheel and controlling every move with foresighted precision. Rather, the self-driving space is left to contend with legal hurdles, in addition to the likes of technological and...