Velodyne Lidar Signs Multi-Year Agreement with Stanley Robotics
Lidar-Powered Automated Valet Parking Solution Enhances Customer Service Quality, Increases Parking Capacity
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220927005439/en/
All-electric, autonomous parking valet robot "Stan" by Stanley Robotics, equipped
Stanley Robotics is working with Velodyne’s Puck and Velarray M1600 lidar sensors to provide perception and navigation capabilities that enable its all-electric Stan robot to operate autonomously and safely. The sensors provide real-time 3D perception data for localization, mapping, object classification and object tracking. Velodyne’s power-efficient sensors support Stan robots in a wide range of challenging environmental conditions, including varied temperature, lighting and precipitation.
The Stanley Robotics automated valet parking solution equipped with Velodyne sensors is already in operation in airports and finished vehicle logistics in
“High-performance sensors are key to enabling our autonomous mobile robots to reliably navigate and maneuver in narrow parking lanes,” said
“Stanley Robotics is transforming logistics for vehicles with its autonomous mobile robot technology,” said
Stanley Robotics is partnered with Mitsubishi Heavy Industries, Ltd. (MHI) to deliver business opportunities in
Transforming Car Parks with Advanced Technology
Using the Stanley Robotics parking service, equipped with advanced autonomy technology utilizing Velodyne’s lidar, drivers leave their vehicles at a dedicated drop-off/pick-up area where the robot takes the car to a secure parking area not open to the public. When customers return, the car is waiting in the designated area, providing drivers with significantly enhanced convenience. The Stanley Robotics automated valet parking service, powered by Velodyne’s lidar, enables efficient use of limited parking space at airports, shopping malls and more, fitting more vehicles in a single line just centimeters apart. Car parks can then increase the number of cars in a given area by up to 50 percent.
About Stanley Robotics
Stanley Robotics is a deep tech company that combines hardware and software to provide solutions for outdoor logistics. The technology lies in a robot lifting and moving cars autonomously and in an intelligent storage management software. Robotics has transformed indoor logistics (e.g., in warehouses), resulting in a spectacular increase of productivity. Stanley Robotics’ ambition is to bring this transformation to outdoor logistics with their proprietary technologies. Founded in 2015, the SME is headquartered in
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, and competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," “can,” "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 uncertainties regarding government regulation and adoption of lidar, the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; 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 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; 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. For more information about risks and uncertainties associated with Velodyne’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Velodyne’s