Business Wire

Knightscope Selects Velodyne Lidar Technology for Next-Generation Autonomous Security Solutions

Share

Knightscope, Inc., a developer of advanced physical security technologies utilizing fully autonomous robots focused on enhancing U.S. security operations, and Velodyne Lidar, Inc., (NASDAQ: VLDR, VLDRW), jointly announced today that Knightscope has selected Velodyne Lidar’s technology to power its future 5th Generation Autonomous Security Robots (ASRs).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210405005112/en/

Knightscope’s Autonomous Security Robot solution is powered by Velodyne’s Puck lidar sensor (shown here), which provides reliability, energy efficiency and a full 360-degree environmental view to deliver highly accurate real-time 3D data. (Photo: Velodyne Lidar)

Knightscope’s Autonomous Security Robot solution is powered by Velodyne’s Puck lidar sensor (shown here), which provides reliability, energy efficiency and a full 360-degree environmental view to deliver highly accurate real-time 3D data. (Photo: Velodyne Lidar)

Velodyne Lidar ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors and has worked with Knightscope for the past 7 years. Knightscope’s solution is powered by Velodyne’s Puck lidar sensor, which provides reliability, energy efficiency and a full 360-degree environmental view to deliver highly accurate real-time 3D data. The versatile, compact Puck sensor is an ideal solution to enable safe navigation in a wide variety of environmental and lighting conditions.

“As Knightscope has scaled across the country, we’ve utilized Velodyne’s technology on our 3rd and 4th generation machines, and we are proud to announce that our upcoming 5th generation ASRs will continue the long-standing relationship,” said William Santana Li, chairman and chief executive officer, Knightscope, Inc.

“Velodyne Lidar is pleased to have worked closely with Knightscope on providing increasingly important autonomous security solutions,” said Anand Gopalan, chief executive officer, Velodyne Lidar. “Our lidar sensors help enable 24/7 security functionality needed in all types of indoor, outdoor and light conditions. We are aligned with Knightscope in our mission of advancing public safety to achieve healthy and thriving communities for all.”

Knightscope’s robots have been patrolling across the country for well over 1 million hours and operate across 5 time zones. This ground-breaking technology has begun to make a positive impact on society, and you can learn more at www.knightscope.com/crime.

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Our long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

About Velodyne Lidar, Inc.

Velodyne Lidar (NASDAQ: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities, and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, please visit: www.velodynelidar.com and follow us on Twitter: @VelodyneLidar.

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, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) 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, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; uncertainties related to Velodyne's estimates of the size of the markets for its products; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; Velodyne's ability to identify and integrate acquisitions; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contact information

Contact Information:
Velodyne Investor Relations
InvestorRelations@velodyne.com

Velodyne Media
Landis Communications Inc.
Sean Dowdall
(415) 286-7121
velodyne@landispr.com

Knightscope
Stacy Dean Stephens
(650) 924-1025

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

CGTN: A City on the Rebound: How Hong Kong Can Move Forward13.4.2021 19:57:00 CEST | Press release

The past two years have been tough on the world, not just due to the pandemic but also the geopolitical volatility that has roiled many countries and regions. In East Asia, the financial hub of Hong Kong has experienced its fair share of difficulties, but as life slowly returns to normal, problems that have plagued the city for decades remain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413006039/en/ (Photo: Business Wire) The city's brief history is well-documented – its humble industrialization in the 1970s coupled with the entrepreneurial spirit of its residents saw it become a bastion of wealth at a time when that part of the world was still economically stagnant. Coupled with a liberalized financial system and generous policies, the city catapulted itself toward the top, competing with mega-cities such as London and New York City. For all its glitz and glamour, Hong Kong contained contradictions that boiled over i

Tigo Intellectual Property Infringement Lawsuit against APS Continues to Grow13.4.2021 19:53:00 CEST | Press release

Tigo Energy, Inc., the solar industry worldwide leader in Flex-MLPE (Module Level Power Electronics), has filed a new lawsuit against Altenergy Power Systems (“APsystems”), in addition to its current ongoing case. The complaint includes four new patent infringement claims, as well as an additional claim from a patent asserted in the previously-filed lawsuit. The complaint was filed in the United States District Court for the Northern District of California. The total number of Patents-in-Suit in both cases now stands at six. The complaint includes all APsystems legal entities in the US as well as in China. The new complaint alleges that APsystems’ Sunspec-compliant products infringe the following U.S. patents: 8,653,689, 9,584,021, 9,966,848, 10,333,405, and 8,933,321. The complaint centers around various systems and methods used in the PV module rapid shutdown unit. Tigo’s industry leading solar equipment provides optimized, monitored and safe solar to protect this critical infrastruc

Maxon Announces Cinema 4D S2413.4.2021 18:05:00 CEST | Press release

Maxon, the developers of professional software solutions for motion designers and visual effects artists, today announced Cinema 4D Subscription Release 24 (S24). The latest subscription-only release of Maxon’s 3D application allows users to easily browse and obtain models, materials and other assets, and to intuitively place them within the scene. The release also includes key workflow enhancements and a sneak peek at continued progress on the Scene Nodes and Scene Manager interfaces to the new core. Cinema 4D S24 is immediately available for subscription customers. For perpetual license holders of Cinema 4D a release is scheduled later this year that will incorporate the features of S24, as well as future enhancements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005918/en/ Maxon Cinema 4D S24 features placement tools, a new asset browser, animation workflow enhancements, and continued development on powerful nodes

Maxon Announces Redshift for macOS Including Native Support for M1-Powered Macs13.4.2021 18:05:00 CEST | Press release

Today, Maxon announced the immediate availability of Redshift for macOS including support for M1-powered Macs as well as Apple’s Metal Graphics API. Redshift, the award-winning, production-ready renderer, offers a rich feature set including ray switches, flexible shading networks, motion blur, AOVs, deep output, layered EXR and much more. Unlike other GPU renderers, Redshift is a biased renderer that enables artists to adjust the quality of individual techniques in order to get the best performance/quality balance for production. As a Universal solution, Redshift is optimized for high-end performance across both M1- and Intel-powered Macs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005903/en/ Redshift for macOS signifies a milestone, bringing cutting-edge cinematic rendering to Mac artists. (Graphic: Business Wire) Redshift for macOS signifies a milestone, bringing cutting-edge cinematic rendering to Mac artists. A

Golden Euro-spiller tok rekordgevinst på € 3 millioner13.4.2021 17:29:00 CEST | Pressemelding

Champagnen flyter og feiringen er godt i gang hos Golden Euro Casino, etter at en heldig spiller tok jackpoten og vant en monstergevinst på € 3 746 291. Spillerens gevinst kom på Realtime Gamings enormt populære automat Aztec Millions. Det er den største gevinsten gjennom tidene på det progressive jackpotspillet, og hos Golden Euro. For å starte økten gjorde den 49 år gamle spilleren et kredittkortinnskudd på € 27, og hentet Golden Euros ettertraktede innskuddsbonus på 50 %. Dermed hadde hun € 54 til å spille med. Gevinsten kom fra en liten enkeltinnsats på € 5 plassert fra smarttelefonen hennes. Da hjulene stoppet opp og jackpoten ble utløst, ble spilleren umiddelbart mangemillionær. Adrian Berger hos Golden Euro Casino uttaler: “Vi er så glade for at en av spillerne våre har landet den største jackpotgevinsten noensinne på Realtime Gamings Aztec Millions. “Jeg snakket med spilleren kort tid etter at hun bekreftet gevinsten sin og hun var utrolig opprømt, selv om det at hun nå er en m

Agthia Embarks on Transformational Journey with its Strategy to Become an F&B Leader by 202513.4.2021 17:06:00 CEST | Press release

Agthia Group PJSC revealed its long-term strategy to become an F&B leader in the Middle East, North Africa and Pakistan (MENAP) region and beyond by 2025. The strategy is built on three strategic pillars (growth, efficiency and capability) and is designed to extend the Group’s market leadership, provide significant value for all stakeholders and continue to drive profitability growth with a consumer-centric approach. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005841/en/ Khalifa Sultan Al Suwaidi - Chairman - Agthia Group (Photo: AETOSWire) The Abu Dhabi-based organisation is engaged in manufacturing, distribution and marketing of a wide range of F&B products, including popular regional brands such as Al Ain (water), Al Foah (dates), Al Faysal Bakery & Sweets (bakery) and Grand Mills (flour and bakery) among others. Khalifa Sultan Al Suwaidi, Chairman, Agthia Group, said: “The strategy will unleash the full potentia

FRISS Acquires Terrene Labs to Expand Underwriting Efficiency13.4.2021 17:03:00 CEST | Press release

FRISS, the market leader in AI-powered fraud, risk and compliance solutions for P&C insurance carriers, today announced the acquisition of Terrene Labs. Industry leaders in providing Commercial Insurance providers with comprehensive Risk Insights, Terrene will be a fundamental addition to the FRISS product family. Commercial lines underwriters now have access to thousands of actionable insights within just 5 seconds, replacing a disjointed manual and limited enrichment process that previously took up to a week and delayed policies for quality customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005837/en/ FRISS acquires Terrene Labs and welcomes them to their family. (Graphic: Business Wire) “We’re bringing commercial lines to the digital age together,” remarked FRISS CEO and Co-founder Jeroen Morrenhof. “True risk insights were always hard to access and we’re changing that. Combined with the analytics capabilitie