Velodyne Lidar Inc. announces patent license agreement with Hesai Photonics Technology

“We think this agreement will expand the adoption of lidar world-wide and save lives,” says David Hall, Velodyne Founder and Chairman of the Board.

The surround-view lidar is an essential sensor for autonomous driving and it is purchased world-wide by car makers as they pursue the autonomous market. Since its invention by David Hall in 2005, the technology has found many more applications in shuttles, industrial robotics and smart cities. The relationship with Hesai is the third major licensing agreement for Velodyne’s fundamental lidar technology.