The combined company has an intellectual property portfolio with 173 granted and 504 pending patents and a cash balance of over $315 million.
Cepton raises $100M for LiDAR sensors
Silicon Valley-based Cepton offers a range of LiDAR sensors, including the Vista-X family of automotive-grade LiDARs and Sora-X family of industrial-grade LiDARs.
LiDAR maker Quanergy files Chapter 11 bankruptcy
Quanergy went public just 10 months ago via a SPAC with China’s CITIC Capital, at an implied $1.4 billion equity value.
MicroVision acquiring LiDAR maker Ibeo
Ibeo recently filed for insolvency because it could not secure further growth financing.
RoboSense launches flash solid-state LiDAR
RoboSense officially launched RS-LiDAR-E1, a flash solid-state LiDAR that sees 360° based on its in-house, custom developed chips.
LiDAR maker AEye brings in $768K, loses $23M in Q3
AEye brought in $768,000 in revenue in the third quarter of 2022 and reported a GAAP loss of $23.6 million.
LiDAR companies Ouster, Velodyne to merge
Ouster and Velodyne predict the combined company will save at least $75 million in operating costs within the first 9 months of the transaction’s close.
Ouster announces 3D industrial sensor suite
Ouster, Inc. announced the release of a 3D industrial lidar sensor suite designed for high-volume material handling applications.
LiDAR maker Ouster brings in $10.3M, but loses $28M in Q2
Ouster had its second-highest revenue quarter ever in Q2. Its revenue was driven by growth in the industrial vertical.
SICK showcases AMR localization at Automate 2022
SICK highlights solutions safe productivity, part localization in bin picking, and LiDAR localization
Hyundai, SOSLAB jointly developing LiDAR for mobile robots
The goal is to develop an autonomous mobile robot that can move more stably on irregular surfaces and in between obstacles by expanding the short-distance recognition range while reducing the LiDAR sensor size.
Stanford engineers enable simple cameras to see in 3D
Researchers devised a high-frequency, low-power, compact optical device that allows virtually any digital camera to perceive depth.
Toshiba unveils new palm-sized LiDAR
Toshiba created its palm-sized LiDAR by using multiple small projector units as its laser beam source, instead of one strong laser.
Ouster partners with Vecna Robotics
Ouster’s LiDAR sensors will be used in Vecna’s self-driving vehicles for high-capacity material handling operations.
Seoul Robotics unveils LiDAR deployment kit
Endeavor can connect up to eight 32-beam rotating sensors at one time.
Quanergy Systems announces M1 Edge 2D LiDAR sensor
Quanergy Systems’ new M1 Edge 2D LiDAR sensor has up to 8 evaluation fields, with up to three detection zones within each evaluation field.
Ouster Automotive division emerges as Ouster buys Sense Photonics
Ouster is buying Sense Photonics to create a new division focused on low-cost, solid state automotive sensors.
Intel issues end-of-life notice for RealSense LiDAR
In the end-of-life notice, Intel reiterated it will “continue to sell the stereo products to current distribution customers.”
Velodyne Lidar, MOV.AI team up on AMR navigation tools
MOV.ai and Velodyne deliver a complete navigation package for ROS-based AMR solutions.
Waymo to stop selling LiDAR sensors
“We’re winding down our commercial LiDAR business as we maintain our focus on developing and deploying our Waymo Driver across our Waymo One (ride-hailing) and Waymo Via (delivery) units.”
ANYmal quadruped now equipped with Velodyne’s Puck LiDAR
The Puck is a compact LiDAR sensor that provides a 360-degree view with real-time 3D data and a 100 meter range.
Velodyne Lidar introduces next-gen Velabit sensor
Velodyne’s solid-state Velabit sensor now has approximately three times more points per second than the previous model.