Velodyne Lidar Powers Intelligent Traffic Management – DKODIN

Business Wire India

Velodine LIDAR, Inc. (Nasdaq: VLDR, VLDRW) and the Nevada Center for Applied Research at the University of Nevada, Reno, today published a white paper that demonstrates the ability of LIDAR sensors to make transportation infrastructure more efficient, sustainable and secure. White Paper reports results of Velodine’s research Lidar sensor To improve traffic analytics, increase foot safety, reduce accidents, and work towards the convenient use of autonomous vehicles.

This press release contains multimedia. Watch the full release here: https://www.businesswire.com/news/home/20210111005118/en/

The Nevada Center for Applied Research at the University of Nevada, Reno, has installed velodine LIDAR sensors on signs and intersections to help improve traffic analytics, crowd management, and pedestrian safety. (Photo: Velodyne Lidar, Inc.)

“Velodine is excited to provide LIDAR technology to protect pedestrians at intersections in the city and reduce traffic accidents. We have a synergistic relationship with the University of Nevada, Reno, which is conducting cooperative research to advance the development of security solutions at the infrastructure level using smart technology. This white paper is important to describe our collaborative work for the safety and well-being of urban communities, ”said Marta Hall, Chief Marketing Officer at Valladine.

There may be a white paper titled “Roadside Lidar Helping to Build SmartSide and Safe Transportation Infrastructure” Downloaded here. Also available is a video titled “Smart Cities: Improving Mobility, Access and Safety with Sensor Technology” Seen here. The video saw LIDAR can be a catalyst for smart city applications that improve public services and enhance safety and quality of life.

According to the research firm Market and marketThe Intelligent Transportation System (ITS) market for roadways is projected to grow from US $ 17.9 billion in 2020 to US $ 36.5 billion by 2025, a CAGR of 15.3 percent. This increase can be attributed to pedestrian safety concerns, increasing traffic congestion problems and smart city development worldwide.

The paper showcases research in association with the University of Nevada, Regional Research Commission of the Nevada Center for Applied Research of Reno, the Regional Transportation Commission of Washoe County, the Regional Transportation Commission of Southern Nevada, and the Nevada Department of Transportation. The project deploys Velodyne’s ultra puck LIDAR sensors with traffic signals in real-world test environments, known as Living Laboratories in Reno and Henderson, and sponsored by the Nevada Governor’s Office of Economic Development. It leveraged data captured with Velodyne’s sensors to help improve traffic analytics, crowd management and pedestrian safety.

The project validated the feasibility of using LIDAR sensors on the side of the road to provide high-accuracy, multitier traffic trajectories by testing them with various sensors, deployment methods, and traffic scenarios. Demonstrated that roadside LIDAR data can support connected-and-autonomous vehicles (CAVs), increase traffic mobility and safety analysis, and integrate existing traffic infrastructure for automatic walking / wildlife warning.

The project also achieved successful implementation of the LIDAR-based Automatic Rectangular Rapid Flash Beacon (RRFB), which, unlike traditional RRFBs, not only serves the crosswalk area, but provides many additional functions. These include traffic performance data collection, temporal event recording and supporting infrastructure to serve CAV and connected non-motorist roadway users.

Until recently, existing camera-based ITS traffic monitoring techniques have been widely used to study traffic flow rate, occupancy, average speed, and spot speed. However, as alternative sensors come into the market, the weaknesses of camera-based approaches become more apparent. For example, cameras have been shown to suffer in low-light conditions, are prone to optical illusions and do not allow people’s privacy. It is anticipated that LIDAR will play an important role in the growth of the ITS market as LIDAR sensors provide 3D data that allows for better object detection and tracking in a wide range of lighting and weather conditions, while the public The middle maintains anonymity and trust.

Carlos Cardillo, director of the Nevada Center for Applied Research, said, “The white paper provides that LIDAR technology can be a catalyst for a revolutionary data transformation that will impact transportation planning and systems and prepare our roadways for the future.” ” “Velodyne sensors are powering AR LIDAR-enhanced’ roads that address roadway congestion monitoring and near-accident analysis. They are enabling data communication with connected vehicles to support eco-drive and collision avoidance applications. “

“The Nevada Center for Applied Research is conducting visionary smart cities research that can help improve traffic safety and reduce road hazards,” said John Barad, vice president of business development, Velodine Lidar . “Their work clearly shows that Velodyne’s LIDAR sensors are ready to help build smart, safe transport infrastructure today.”

About velodine lidar

Velodyne LIDAR (Nasdaq: VLDR, VLDRW) marked the beginning of a new era of autonomous technology with the invention of real-time surround view LIDAR sensors. Velodine is the first public pure-play LIDAR company and is known worldwide for its extensive 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 (UAVs), smart cities and security. We do. Through continuous innovation, Velodyne strives to change lives and communities by advancing safe mobility for all. For more information, visit www.velodynelidar.com.

forward-looking statements

This press release includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act, including, without limitation, all statements other than historical fact and without limitation K, statement about Wellingan target market, new products, development efforts, competition. When used in this press release, the words “anticipate,” “anticipate,” “anticipate,” “anticipate,” “plan,” “intend,” “believe,” “wants,” ” Identifying forward-looking statements such as “may, will”, “can,” “should,” “future,” “offer” and adaptations of these words or similar expressions (or negative versions of such words or expressions). These forward-looking statements do not guarantee future performance, conditions, or consequences, and include a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are beyond the control of velodine, leading to actual results or Results may differ. From those who discuss forward-looking statements. Important factors, among others, that may affect actual outcomes or outcomes, include Volodyn’s ability to manage growth; Velodine’s ability to execute its business plan; Velodine’s ability to commercialize its products to customers and eventual market acceptance of these products Relative uncertainties; The uncertain impact of the COVID-19 epidemic on the businesses of Velodine and its customers; Uncertainties related to velodyne estimates of the size of markets for their products; Uncertainty about government regulation and adoption of LIDAR for pedestrian safety, traffic congestion and smart city applications; Rate and degree of market acceptance of velodine products; The success of other competing LIDAR and sensor-related products and services that exist or may be available; Velodine’s ability to identify and integrate acquisitions; Uncertainties related to current litigation and potential litigation of velodine including the validity or enforceability of velodine or velodine’s intellectual property; And general economic and market conditions affect demand for Velodine’s products and services. Velodine undertakes no obligation to update or revise any forwarding details, whether as a result of new information, future events or otherwise, as required by law.

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