In the final hours of his presidency, President Trump pardoned former Google engineer Anthony Levandowski who was one of most high profile engineers working on self-driving cars in Silicon Valley. Levandowski was accused of stealing trade secrets and other IP from Google then taking them to rival Uber in the days before his resignation. The U.S. Department of Justice filed criminal charges against Levandowski in Aug 2019 for the theft.
Eric Walz2021-01-20 09:30 PT
As automakers race to develop self-driving vehicles, they are turning to tech companies and chipmakers for help in designing and developing the hardware that will support future electric and self-driving vehicles. One such company is Intel subsidiary Mobileye. During two sessions at CES on Monday, Mobileye president and chief executive officer Amnon Shashua explained how the company is planning to become a global leader in autonomous vehicle technology.
Eric Walz2021-01-11 17:15 PT
With billions of dollars pouring into electric vehicle stocks and related technology for self-driving cars, companies are turning to Wall Street to raise capital. The latest IPO in the space is lidar startup Luminar Technologies Inc. The lidar company has completed its business combination with a special purpose acquisition company (SPAC) Gores Metropoulos, Inc. to become a public company listed on the NASDAQ.
Eric Walz2020-12-04 11:50 PT
Silicon Valley lidar pioneer Velodyne Lidar Inc. has unveiled its newest lidar sensor designed to support advanced driver assist systems (ADAS) as well as autonomous driving. The sensor is called the Velarray H800. The company's latest lidar is targeted at automakers and OEMs, enabling them to develop better ADAS systems, such as automatic emergency braking (AEB) and Lane Keep Assist that helps reduce traffic accidents.
Eric Walz2020-11-13 17:05 PT
Silicon Valley lidar startup Aeva Inc said on Monday it has agreed to go public through a merger with special purpose acquisition company (SPAC) InterPrivate Acquisition Corp. The reverse merger deal will make Aeva the third lidar company seeking and IPO through a deal with a SPAC. The newly combined company will have an implied pro forma equity value of approximately $2.1 billion.
FutureCar Staff 2020-11-02 17:00 PT
Automotive supplier Continental AG has made a minority investment in California-based lidar and computer vision developer AEye Inc. Continental will utilize AEye’s patented lidar technology to develop an automotive grade perception sensor for automated highway driving.
Eric Walz2020-10-28 11:45 PT
Silicon Valley-based lidar company Velodyne Lidar Inc. was one of the first companies to supply lidar to developers of autonomous vehicles and today the company announced it will supply its lidar to China’s Baidu, a company that’s often referred to as the “Google of China.” Velodyne announced a three-year sales agreement with Baidu for its Alpha Prime lidar sensors for autonomous driving applications.
Eric Walz2020-10-12 12:45 PT
Silicon Valley Lidar company Luminar Technologies Inc., which is backed by Swedish automaker Volvo and billionaire entrepreneur and venture capitalist Peter Theil, intends to go public in a reverse merger deal with Gores Metropoulos, Inc. (Gores Metropoulos), a special purpose acquisition company (SPAC).
Eric Walz2020-08-24 16:17 PT
Self-driving technology startup Aurora announced today its new in-house developed lidar system for its driverless vehicles. The lidar sensor is called "FirstLight" and it can see and track objects more quickly and from further away than other lidar sensors.
Eric Walz2020-07-08 16:00 PT
Silicon Valley lidar startup Luminar has entered into a partnership with Volvo Cars to supply its lidar perception technology for the automaker’s next-generation self-driving vehicles. Luminar’s partnership with Volvo will support the automaker’s self-driving technology for highway driving called “Highway Pilot.”
Eric Walz2020-05-06 08:00 PT
In one of the biggest cases involving the theft of intellectual property in Silicon Valley in recent memory, Anthony Levandowski, the former head engineer of Google’s self-driving car project, has agreed to plead guilty for stealing trade secrets from the technology giant and using them to launch his own self-driving truck startup Ottomotto.
Eric Walz2020-03-20 10:00 PT
Anthony Levandowski, the former head of Uber’s Advanced Technologies Group, was ordered to pay $179 million to settle a dispute with Google over stolen trade secrets, according to a court order on Wednesday.
FutureCar Staff 2020-03-04 16:55 PT
Silicon Valley-based lidar company Velodyne announced its new compact lidar sensor called the Velabit at CES this week. The new sensor is a low cost lidar for developers of self-driving vehicles and other autonomous machines. The company says it delivers robust performance on par with the company’s more expensive lidar sensors.
Eric Walz2020-01-09 16:35 PT
The saga between Uber and Waymo over the theft of trade secrets continues on. On Tuesday, the U.S. Department of Justice filed criminal charges accusing former Google engineer Anthony Levandowski for stealing trade secrets from the company’s self-driving car subsidiary Waymo and taking them to rival Uber Technologies Inc.
Eric Walz2019-08-27 11:50 PT
Velodyne Lidar Inc announced on Monday that it acquired the high-definition mapping and localization software, as well as the intellectual property assets from San Francisco-based startup Mapper.ai. Mapper.ai specializes in creating custom, high-definition maps for its clients working on autonomous driving.
Eric Walz2019-07-23 16:10 PT
Lidar startup Luminar Technologies announced a new $100 million investment and unveiled its new lidar platform called “Iris” for the automotive and commercial truck markets. Iris is a automotive grade low cost lidar solution designed specifically for high-volume production.
Eric Walz2019-07-15 13:00 PT
Baidu announced its camera-based Apollo Lite this week. Apollo Lite is a vision-based autonomous driving solution that leverages multiple cameras to achieve Level 4 (L4) autonomous driving.
Eric Walz2019-06-21 09:00 PT
Venture capital firms continue to pour money into lidar companies, as the laser beam technology is quickly becoming an essential perception tool for driverless cars and other autonomous applications. Innoviz Technologies, an Israeli maker of advanced lidar sensors for self-driving cars, said it raised an additional $170 million in its latest investment round.
FutureCar Staff 2019-06-11 15:08 PT
Aurora, a well-funded Silicon Valley-based autonomous driving startup, announced that it is acquiring lidar company Blackmore. Aurora said that it chose Blackmore because of its pioneering work in Frequency Modulated Continuous Wave (FMCW) lidar, a next generation lidar technology that can improve the perception capabilities of self-driving vehicles.
Eric Walz2019-05-23 18:19 PT
Velodyne today announced an agreement with Nikon Corporation, under which Nikon will manufacture lidar sensors for Velodyne. Nikon hopes to start mass production in the second half of 2019. The partnership will focus on combining Nikon’s optical and precision technologies with Velodyne’s lidar sensors.
Eric Walz2019-04-25 13:06 PT
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