Velodyne Lidar Announces Multi-Year Agreement With AGM Systems LLC
AGM Systems Launches New Velodyne Lidar-Based UAV Mapping Solution for Leading Energy Companies Worldwide
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AGM Systems will utilize Velodyne’s Ultra Puck lidar sensor in their new AGM-MS3 Unmanned Aerial Vehicle (UAV) mapping solution. This solution is their second generation of one of the most popular UAV lidar scanning technologies for mapping in
“The data quality of the AGM-MS3, enabled by Velodyne Lidar’s Ultra Puck, is confirmed by assessments carried out at a specialized testing site of the university,” said Kamina Nadezha, Rector,
Combined use of AGM-PS inertial navigation systems, highly detailed
“Velodyne’s Ultra Puck lidar sensors are reliable, accurate and versatile technological solutions,” said Mischenko Yury, Production Director,
“Some of the largest companies in the world rely on AGM solutions equipped with Velodyne’s Ultra Puck to achieve precise mapping,” said
In addition to Velodyne-powered solutions, AGM Systems provides comprehensive implementation of laser scanning technologies in the production process. Due to this, technologies are available for a range of customers – from an ordinary surveyor or university – to market leaders in the field of design and construction. The experience of specialists in the fields of physics, geodesy, applied mathematics and other disciplines allows AGM Systems to solve the most complex technical problems and provide for customers with an innovative product.
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.