Velodyne-Veoneer Deal Shows Lidar Is Getting Serious

One of the key technological breakthroughs that have allowed autonomous drive technology to advance dramatically in recent decades was the creation of lidar sensors that give self-driving cars a 360-degree view of the world. That breakthrough came from an unlikely place: a specialty audio company called Velodyne, whose founder Dave Hall patented the multi-beam spinning lidar sensor in 2006 enabling remarkable achievements in the DARPA self-driving challenges. In the years since, Velodyne has built on its first-mover advantage, becoming the largest vendor of lidar sensors for autonomous vehicles while developing a range of products, form factors, and technologies.