Business Wire

Velodyne Expert Discusses How Lidar Simulations Advance Automated Driving Solutions Testing at NVIDIA GTC 2021 Global Event

Share

Simulations have an important role in developing and testing advanced driver assistance systems (ADAS) and autonomous vehicle (AV) capabilities. Andrei Claudiu Cosma, PhD, Autonomous Solutions Manager at Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW), will discuss how developers can use lidar simulation to replicate real-world driving scenarios to validate the safety and reliability of ADAS and AV solutions during NVIDIA’s annual GPU Technology Conference, GTC 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210407005209/en/

Andrei Claudiu Cosma of Velodyne Lidar will discuss how developers can use lidar simulation in ADAS and AV solutions during NVIDIA’s annual GPU Technology Conference, GTC 2021. (Photo: Velodyne Lidar)

Andrei Claudiu Cosma of Velodyne Lidar will discuss how developers can use lidar simulation in ADAS and AV solutions during NVIDIA’s annual GPU Technology Conference, GTC 2021. (Photo: Velodyne Lidar)

The session, called “Lidar-Centric Machine Learning – A Simulator Driven Approach to Model Training, Testing and Validation,” takes place on April 10, 2021 at 10:00 a.m. PDT. Register for free to attend the session at https://gtc21.event.nvidia.com/.

Attendees of the session can learn:

  • The key characteristics of lidar simulation that improve the authenticity of the generated lidar point cloud. This is extremely important to ensure successful use of the simulated model in the real world.
  • The benefits and drawbacks of using real and simulated datasets. These tips can guide developers in making informed decisions when selecting data for their next models to train.
  • How using simulated lidar data can help identify object classes with unique lidar signature.

Lidar simulations support faster system development and deployment by providing a virtual environment to test automated driving capabilities in a variety of roadway, weather and lighting conditions. They allow testing of extreme scenarios including corner and edge cases, and potential hazards like emergency braking and obstacle avoidance.

Velodyne’s lidar sensors provide real-time perception data that enables safe navigation and reliable operation for autonomous driving and advanced vehicle safety in urban and highway environments. Velodyne has a diverse product portfolio with sensors that provide surround view, directional, long- and close-range capabilities.

The Automated with Velodyne program includes a number of companies that offer simulation solutions optimized for testing Velodyne’s lidar sensors in ADAS and AV applications. The combination of Velodyne’s high-performance sensors and simulation software enables developers to test and validate solutions in a massively scalable variety of conditions before they reach the road.

“Limited access to training and testing data slows down research and innovation. However, with advances in hardware accelerators, such as GPUs, and development of simulation technologies, new techniques are being developed to generate or augment training data sets. Our GTC session will discuss how a simulator-driven approach can offset limited real data availability to improve development speed and model quality. It will show how this method can reduce costs and enable an improved testing and validation process for a safe deployment,” said Cosma.

GTC, taking place online April 12 - 16, is a global conference series focused on AI, data center, graphics, accelerated computing, automotive, intelligent networking and more.

About Velodyne Lidar

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, visit www.velodynelidar.com.

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," “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 changes in laws, regulations or judicial interpretations to which Velodyne or its customers are subject; 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; uncertainties related to Velodyne's estimates of the size of the markets for its products; uncertainties regarding government regulation and adoption of lidar for pedestrian safety, traffic congestion and smart city applications; 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

Investor Relations
InvestorRelations@velodyne.com

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

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

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

Xsolla Introduces Safe and Secure Solution to Manage Worldwide Influencer Payouts for Developers of All Sizes19.4.2021 17:00:00 EEST | Press release

Xsolla, the video game commerce company powered by Transaction Engine and Business Engine to help developers and publishers market, sell, connect and optimize their games globally, today introduced its Influencer Payouts solution that allows developers to easily manage safe and secure payouts to influencers who promote their games. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210419005313/en/ Learn how Influencer Payouts can work for you. (Graphic: Business Wire) Xsolla’s new Influencer Payouts solution empowers developers from indie to enterprise-level with a convenient and efficient tool that can automate performance-based payments to content creators utilizing a tiered structure that can quickly be customized and scaled to reach influencers at all levels around the world. Developers can choose from multiple options for influencers, such as revenue sharing based on the number of views, direct sales, or the number of hour

VELO3D Adds Renowned Business Leader Stefan Krause to Board of Directors as Audit Committee Chair19.4.2021 16:04:00 EEST | Press release

VELO3D Inc., a leader in additive manufacturing (AM) for high-value metal parts, today announced the appointment of renowned business leader Stefan Krause to the company’s board of directors as audit committee chair. With more than 30 years of experience working at some of the most recognizable and successful companies in the world, Krause has built a singular career that previously included a chief financial officer (CFO) role at BMW – where he was the youngest ever to hold the position and a member of the management board. Krause then took on a similar role at Deutsche Bank, earning himself a reputation as one of the world’s top CFOs. He also previously served as chairman of Rolls Royce Motorcars, Postbank AG and BHF Bank. He has been in the supervisory boards of Rocket Internet and Allianz AG. Krause has also been involved with multiple startups during his career and has been CEO and co-founder of electric vehicle maker Canoo. “Stefan’s international business background, his experti

Amazon Becomes Europe’s Largest Corporate Buyer of Renewable Energy19.4.2021 16:00:00 EEST | Press release

Amazon (NASDAQ: AMZN) today announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK. The company now has 206 renewable energy projects globally, including 71 utility-scale wind and solar projects and 135 solar rooftops on facilities and stores worldwide, which will generate 8.5 GW of electricity production capacity globally. With this latest announcement, Amazon is now the largest corporate purchaser of renewable energy in Europe, with more than 2.5 GW of renewable energy capacity, enough to power more than two million European homes a year. These projects supply renewable energy to Amazon’s corporate offices, fulfillment centers, Whole Foods Market stores, and Amazon Web Services (AWS) data centers, which power Amazon and millions of AWS customers globally. The renewable energy from these projects also helps Amazon meet its commitment to produce the clean energy equivalent to the electricity used by all consumer Echo devices. All

Schlumberger Will Collaborate With Equinor for DELFI Environment Deployment, Fully Integrated With the OSDU Data Platform19.4.2021 16:00:00 EEST | Press release

Schlumberger and Equinor announced today a strategic project, in collaboration with Microsoft, to deploy the DELFI* cognitive E&P environment, with seamless integration to the OSDU Data Platform—the industry’s new data standard. This project aims to accelerate Equinor’s ability to integrate data at scale and improve decision making. “We are pleased to be working with Equinor and Microsoft to facilitate enhanced resource discovery through this first deployment of the newly-released OSDU Data Platform fully integrated with DELFI,” said Rajeev Sonthalia, president, Digital & Integration, Schlumberger. “This provides a single, unified landscape with seamless access to data that enables the industry to rapidly run AI and data-driven workflows, creating a game-changing increase in efficiency.” The OSDU-enabled solution will be embedded as a key part of Equinor’s Microsoft Azure enterprise-wide data platform, OMNIA. This will establish consistent data standards across the subsurface to enhanc

Gett Strengthens Global Technology Platform to Combine Corporate Fleets and Ride-Hailing19.4.2021 16:00:00 EEST | Press release

Gett, the leading innovator in corporate Ground Transportation Management (GTM), continues to expand its marketplace of global partner fleets onto one technology platform to provide broad geographic coverage and service levels for enterprise clients. Gett launched one of the first-ever on-demand corporate travel services in 2010, attracting Google and Disney among its first clients. With over 10 years of expertise designing seamless ground transportation experiences, Gett reduces corporate spend on ground transportation for its clients by up to 45% by offering price comparison, enforcement of travel policy compliance and optimization of back-office processes. Gett’s platform also provides other benefits, including a seamless rider experience for employers prioritizing the safety and security of their people returning to business travel following Covid-19 lockdown. The expansion of Gett’s global platform coincides with a new supply partnership, as US taxi and e-fleet operator Curb Mobil

XPRIZE Announces the Two Winners of $20m NRG COSIA Carbon XPRIZE, With Each Team Creating Valuable Products out of CO2 Emissions19.4.2021 16:00:00 EEST | Press release

XPRIZE, the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges, today announced that CarbonCure Technologies and CarbonBuilt have won the $20M NRG COSIA Carbon XPRIZE, a prize that set out to convert CO2 emissions into valuable products. Selected by a panel of independent judges, both winning teams developed solutions aimed at reducing CO2 emissions associated with traditional concrete, which is currently the world’s most abundant human-made material and accounts for seven percent of all global CO2 emissions. The two team’s award-winning technologies will be, and already are, game-changers for global decarbonization and the fight against climate change. Launched in 2015, the NRG COSIA Carbon XPRIZE was a five-year global competition developed to address rising CO2 emissions by challenging innovators around the world to develop breakthrough technologies that convert the most CO2 into products with the highest net value. "Th

Duravant To Acquire Foodmate, Provider of Poultry Processing Solutions19.4.2021 16:00:00 EEST | Press release

Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced today that it has entered into a definitive agreement to acquire Foodmate, a leading manufacturer of poultry processing equipment dual-headquartered in Ball Ground, Georgia, and Numansdorp, the Netherlands. Foodmate’s automated secondary processing solutions for poultry are widely recognized as the gold standard in the industry. “We are absolutely thrilled with this partnership,” said Mike Kachmer, President and CEO of Duravant. “Foodmate is the preferred provider of processing systems in the poultry processing industry globally. Combine that with their culture of laser-focused innovation and superior engineering expertise, Foodmate is a wonderful addition to the Duravant family.” This partnership brings together two global engineered equipment leaders and extends Duravant’s ability to serve customers and partners in over

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom