Categories: Wire Stories

Joint Statement by Velodyne and Hesai

SAN JOSE, Calif.–(BUSINESS WIRE)–#lidarVelodyne Lidar, Inc. and Hesai Technology are pleased to announce that the two companies have entered a long‑term global cross-licensing relationship encompassing a broad range of 360° surround-view Lidar sensors. This mutually beneficial relationship covers both existing and future patents of both companies. Velodyne and Hesai have also agreed to dismiss all the current legal proceedings in the U.S., Germany, and China that exist between the two companies. Velodyne and Hesai are looking forward to a Lidar market that will offer highly diverse products for real time 3D sensing applications to benefit the community of autonomous vehicles and other applications.

Contacts

Media Contact for Velodyne
Landis Communications Inc.

Sean Dowdall

(415) 286-7121

velodyne@landispr.com

Alex

Recent Posts

CGTN: China vows continued efforts to build Asia-Pacific community with shared future

BEIJING, CHINA - Media OutReach Newswire - 8 November 2024 - Since its inception more…

3 hours ago

TBS Energi Utama to Acquire Singapore’s Integrated Waste Management Services Provider, Sembcorp Environment Pte. Ltd.

Acquisition Expands TBS’ Regional Waste Management Platform in Indonesia and Singapore, aligning with its TBS2030…

4 hours ago

Score 11 Unbeatable Deals This 11.11 on Shopee with 90% Off Lowest Price Guaranteed

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 November 2024 - It’s that time…

6 hours ago

Shenzhen China Wins the World Smart City Award, Demonstrating the Global Influence of Social Intelligent Governance of Mega City

BARCELONA, SPAIN - Media OutReach Newswire - 8 November 2024 - On November 6, Central…

7 hours ago

Singapore – A Trusted Global Supply Chain Management Hub

SINGAPORE - Media OutReach Newswire - 8 November 2024 - Singapore is strengthening its position…

9 hours ago

OPPO Celebrates Global Photography Talent at Paris Photo Fair under the theme of “Dear Life”

PARIS, FRANCE - Media OutReach Newswire – 8 November 2024 - This year, OPPO once…

9 hours ago