Velodyne Lidar Signs Five-Year Sales Agreement with QinetiQ
Velodyne Sensors Provide Mapping and Autonomy Capabilities to Robotic Defense Vehicles
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QinetiQ offers a full range of unmanned ground systems ranging from 5 pounds to 50,000 pounds and has been a leading provider of UGVs for defense and first response users for over 20 years. While QinetiQ’s UGV offerings originally focused on the dangers of Explosive Ordnance Disposal and Route Clearance, its systems are now found in a range of operational missions distancing operators from new everchanging threats.
QinetiQ will use Velodyne Lidar’s next-generation sensors as part of its open architecture approach to unmanned systems. “This sales agreement with Velodyne gives QinetiQ a competitive edge when delivering our autonomous system by providing strategic insight into their technological roadmap,” said
“With its mission-led approach, QinetiQ is a proven developer of cutting-edge solutions. We are proud that our lidar technology is playing an important role in helping the
Velodyne’s lidar sensors power safe, reliable and efficient autonomous mobility. They deliver the range, accuracy and resolution that autonomous vehicles need to map and navigate congested and complex environments. The sensors detect people and obstacles to help autonomous vehicles travel at a range of speeds, day and night, and in conditions that can include rain, sleet and snow. For more information, contact Velodyne Sales at 669.275.2526 or email@example.com.
We are 6,000 people creating new ways of protecting what matters most; testing technologies, systems, and processes to make sure they work as expected; and enabling customers to deploy new and enhance-existing capabilities with the assurance they will deliver success. QinetiQ’s
Visit our website www.QinetiQ.com. Follow us on LinkedIn, Twitter and Facebook @QinetiQUS.
For further information, please contact QinetiQ Inc.’s Business Development Team at BD@US.QinetiQ.com
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, and 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 uncertainties regarding government regulation and adoption of lidar, 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; 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; 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. For more information about risks and uncertainties associated with Velodyne’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Velodyne’s
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