Investment in US Velodyne LiDAR, Inc., Leading Developer and Manufacturer of LiDAR (Light Detection and Ranging) Sensors, a Core Technology in Autonomous Driving

December 21, 2018

TOKYO - Nikon Corporation (Nikon) has invested USD $25 million in Velodyne LiDAR, Inc. (CEO: David Hall, head office: US, hereafter referred to as Velodyne), leading developer and manufacturer of LiDAR (light detection and ranging) sensors, which are a core technology in autonomous driving.

Aiming to combine Nikon's optical and precision technologies with Velodyne's LiDAR sensor technology, both companies have begun investigating a wide-ranging, multifaceted business alliance, including collaboration in technology development and manufacturing.

Velodyne LiDAR, Inc. overview

Company name Velodyne LiDAR, Inc.
Head Office 5521 Hellyer Avenue, San Jose, California
CEO Mr. David Hall
Established December, 2015
Capital $4,620
No. of employees Approximately 550
Business LiDAR (Light Detection and Ranging) sensor development and manufacturing

The information is current as of the date of publication. It is subject to change without notice.