Velodyne Lidar signs multi-year agreement with Boston Dynamics

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) has announced a multi-year agreement for its lidar sensors with Boston Dynamics, the global leader in mobile robotics. Boston Dynamics selected Velodyne's sensors to provide perception and navigation capabilities for its highly mobile robots, which are capable of tackling the toughest robotics challenges.

Velodyne's lidar sensor solutions enable mobile robots to operate autonomously and safely, without human intervention. They provide real-time 3D perception data for localization, mapping, object classification and object tracking.

Velodyne's power-efficient sensors support autonomous mobile robots in a wide range of challenging indoor and outdoor environmental conditions, including varying temperature, lighting and precipitation.

"Boston Dynamics has signed a supply agreement with Velodyne Lidar, and we are excited to continue working together to enhance and extend the capabilities of mobile robots,'' said Eric Landry, Director Supply Chain, Boston Dynamics.

"Boston Dynamics robots provide advanced mobility, dexterity and intelligence that enable automation in unfamiliar and unpredictable settings," said Laura Wrisley, Senior Vice President of Worldwide Sales, Velodyne Lidar.

"Equipped with Velodyne's lidar sensors, their robots can autonomously navigate complex environments. They can safely avoid obstacles and find the fastest route to perform vital tasks in environments from manufacturing plants and construction sites to distribution centers and warehouses."

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