Velodyne Lidar Announces Sales Agreement with NAVYA

Velodyne Lidar Sensors Power NAVYA’s Autonomous, Driverless and Electric Shuttles

SAN JOSE, Calif.--(BUSINESS WIRE)--Velodyne Lidar, Inc. today announced a multi-year sales agreement with NAVYA, a leading company in autonomous driving systems. Since 2015, NAVYA has been using Velodyne lidar sensors in production for its autonomous shuttle fleet that provides mobility services to cities and private sites.

NAVYA plans to pursue the worldwide expansion of its shuttle with Velodyne’s state-of-the-art sensors for precise real-time localization and object detection. The NAVYA autonomous shuttle fleet offers effective first- and last-mile transportation solutions, with optimized navigation and safety features. The shuttles use advanced guidance and detection systems and are enhanced with deep learning technology.

“We are continuing our partnership with Velodyne Lidar because their technology enables us to place autonomous shuttles on the road today,” said Jérôme Rigaud, COO, NAVYA. “Our successful five-year experience working with Velodyne’s lidar solutions has proven that they provide a key component in our sensor kit needed to help move our fleet to the mass deployment stage.”

“NAVYA is at the forefront of inventing and growing the autonomous shuttle business, providing an innovative, clean mobility solution,” said Anand Gopalan, CEO, Velodyne Lidar. “Their driverless shuttles demonstrate how Velodyne lidar sensors provide robust data for safe, efficient navigation across urban centers, hospitals, universities, industrial sites and more.”

About Velodyne Lidar

Velodyne provides smart, powerful lidar solutions for autonomy and driver assistance. Headquartered in San Jose, Calif., Velodyne is known worldwide for its portfolio of breakthrough lidar sensor technologies. Velodyne’s founder, David Hall, invented real-time surround view lidar systems in 2005 as part of Velodyne Acoustics. Mr. Hall’s invention revolutionized perception and autonomy for automotive, new mobility, mapping, robotics, and security. Velodyne’s high-performance product line includes a broad range of sensing solutions, including the cost-effective Puck™, the versatile Ultra Puck™, the autonomy-advancing Alpha Prime™, the ADAS-optimized Velarray™, and the groundbreaking software for driver assistance, Vella™.

About NAVYA

NAVYA is a leading French name in the autonomous driving systems. With 280 employees in France (Paris and Lyon) and in the United States (Michigan), NAVYA aims at becoming the leading player for the supply of autonomous driving systems for passenger and goods transport. Since 2015, NAVYA has been the first to market and put into service autonomous mobility solutions. The AUTONOM® SHUTTLE, main development axis, was launched in September 2015 and 160 units have been sold as of 31 December 2019, notably in the United States, France, Germany, Switzerland, Japan and Australia. The AUTONOM® TRACT is dedicated to goods transport. Created in 2014 with the support of Robolution Capital, investment fund managed by 360 Capital Partners, his reference shareholder, NAVYA’s shareholders also include the Gravitation fund and Paris Region Venture Fund (Région Île-de-France) managed by Cap Decisif Management as well as Valeo and Keolis groups.

NAVYA is listed on the Euronext regulated market in Paris (ISIN code: FR0013018041 – NAVYA).

For more information: www.navya.tech