Velodyne LiDAR Emerges as King of the Road at BCG Worldwide Officers Meeting

Pioneer in Autonomous Vehicle Technology Continues to Define New Driving Experience

MORGAN HILL, Calif. (June 9, 2014) The Boston Consulting Groups Worldwide Officers Meeting (WWOM) in session last week in Orlando, Florida is traditionally a feast for technophiles, and nothing at this years gathering was tastier than the prospect of Cars Without Drivers.

Leading the charge at the Car of the Future Pavilion was Velodyne LiDAR (www.velodynelidar.com). Velodyne joined Tesla, Honda and Lincoln, under the banner of The New Driving Experience, with an emphasis on autonomous driving, the connected car, and infotainment. Velodyne is recognized worldwide for developing high-definition LiDAR (Light Detection and Ranging) sensors for autonomous vehicle applications, including 3D mapping and surveying. The companys real-time HDL 3D LiDAR sensor family is the sensor for assisted or autonomous driving.

Some 50 companies were invited to attend the Boston Consulting Group (BCG) tech summit, spanning such areas as digital health, industrial design, digital consumer, wearable tech, big data, and smart home. Among those on hand: Intel; Google, with its wearable technology; Whirlpool, previewing the smart home; and Zebra Imaging, in digital health. The senior partners at BCG manage a multi-billion-dollar consulting practice and advise most members of the Fortune 500 on strategy, technology trends, and new technology adoption.

While the connected car and infotainment displays previewed how in-car entertainment, mapping, and communication are becoming personalized extensions of the consumers smartphone, Velodynes real time 3D LiDAR sensor and the future of autonomous driving generated the loudest buzz. And the most popular question was, of course, When can I get one?

Autonomous vehicles are a reality today, said David Oroshnik, Velodynes Technical Sales Engineer for LiDAR. Theyre just not used for ordinary day-to-day driving as we know it, but autonomous vehicles are active every day in mining operations and on the battlefield. And this is only the beginning.

Autonomous passenger cars are on the roadmap of virtually every major auto manufacturer. The challenges automakers face are not only technical theyre legal, cultural and ethical as well. Even so, the allure and promise of intelligent, accident-free transportation will continue to drive the development of autonomous vehicles at an accelerating pace and, according to Oroshnik, Velodyne is committed to play a major role in that.

About VelodyneLiDAR
Founded in 1983 and based in Californias Silicon Valley, Velodyne Acoustics, Inc. is a diversified technology company known worldwide for its high-performance audio equipment and real-time LiDAR sensors. The companys LiDAR division evolved after founder and inventor David Hall competed in the 2004-05 DARPA Grand Challenge using stereovision technology. Based on his experience during this challenge, Hall recognized the limitations of stereovision and developed the HDL64 high-resolution LiDAR sensor.More recently, Velodyne has released its smaller, lightweight HDL32E sensor, available for many applications including UAVs. Since 2007, Velodynes LiDAR division has emerged as a leading developer, manufacturer and supplier of real-time LiDAR sensor technology used in a variety of commercial applications including autonomous vehicles, vehicle safety systems, 3D mobile mapping, 3D aerial mapping and security. For more information, visitwww.velodynelidar.com. For the latest information on new products and to receive Velodynes newsletter, register here.

Media Contacts
Ken Greenberg
Edge Communications, Inc.
(323) 469-3397
ken@edgecommunicationsinc.com

Wolfgang Juchmann, Ph.D.
Director of Sales & Marketing, Velodyne LiDAR
(408) 465-2802
wjuchmann@velodyne.com