Tag: LiDAR
Luminar Accused of Passing off Chip Design as Its Own Technology
Lidar company Luminar LAZR -6.90%↓ has been accused of passing off a future chip design as its own technology at a recent investor conference, according to Forbes. Israeli startup LidWave sent...
Ouster and Velodyne Finalize Merger
Creating a lidar powerhouse, Ouster OUST -0.66%↓ and Velodyne have completed their previously announced merger. While the companies say it was a “merger of equals,” the new entity will not...
PreAct Technologies Raises $14 Million
Portland, Ore.-based PreAct Technologies has announced it has raised $14 million in Series B funding. Led by I Squared Capital, the round also included funding from State Farm...
Ouster and Velodyne Announce Merger
The consolidation of the autonomous vehicle industry continues as lidar companies Ouster OUST 3.96%↑ and Velodyne VLDR 3.66%↑ announced they will merge. The agreement calls for shareholders of both companies to each...
ITS World Congress Showcases Vehicle Safety Technology
Smart technology programs that concentrated on safety were highlighted at this week’s ITS World Congress in Los Angeles. Ford F -2.11%↓ demonstrated a new smartphone-based communications technology that seeks...
Innoviz Grabs $4 Billion Deal With Volkswagen
Israel-based Innoviz Technologies INVZ 2.14%↑ announced this week that it has won a $4 billion contract from a Volkswagen Group unit to supply lidar and software across its automotive brands. ...
Innoviz Grabs $4 Billion Deal With Huge Vehicle Manufacturer
Won't reveal the name of the customer...until May 11?
Israel-based Innoviz Technologies announced this week that one of the world’s largest vehicle manufacturers has selected it...
Companies Display Location Technology at AUVSI Xponential 2022
ORLANDO, Fla.—Although there was an absence of “big” news at the AUVSI Xponential conference, and most of the announcements were made elsewhere, several large...
PreAct Technologies and ESPROS Photonics Partner on Sensing Solutions
Portland, Ore.-based PreAct Technologies has partnered with ESPROS Photonics, a Swiss company that makes time-of flight chips and 3D cameras, to develop flash Lidar technologies for automotive,...
Intel To Take Mobileye Public
Deal Could Value Israel-based Company at $50 Billion
Intel said it will take its autonomous vehicle unit Mobileye public in mid-2022—in a deal that could value the Israel-based...
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