Essential dates and developments in the background of lidar technological know-how business Velodyne
1983: David Corridor founds Velodyne Acoustics Ltd., a business centered on audio and acoustic technological know-how.
2007: Five of the 6 motor vehicles that end the DARPA Grand Challenge use Hall’s rotating lidar prototypes.
June 28, 2011: The U.S. Patent and Trademark Place of work awards Corridor Patent seven,969,558, which addresses rotating lidar models and will grow to be the centerpiece of several lawsuits.
Jan. fifteen, 2016: Velodyne Lidar Inc. is created, splitting the business from the first Velodyne Acoustics.
Aug. 16, 2016: Ford and Baidu each individual spend $75 million in Velodyne. At an function asserting the financial investment, then-Ford CEO Mark Fields states the technological know-how will empower Ford to deliver completely autonomous cars by 2021.
Sept. thirteen, 2016: Rival lidar business Quanergy information accommodate towards Velodyne Lidar, asserting it was the rightful inventor of rotating lidar.
May perhaps 23, 2019: The U.S. Patent Trial and Enchantment Board troubles a ruling affirming Hall’s rightful declare to rotating lidar technological know-how.
Aug. thirteen, 2019: Velodyne information lawsuits towards 2 Chinese suppliers, Hesai and Suteng, alleging they infringed on the company’s patented rotating lidar technological know-how.
Jan. 6, 2020: Corridor appoints a new CEO, Anand Gopalan, who experienced previously been chief technological know-how officer. Corridor proceeds as the company’s whole-time chairman.
April 3, 2020: A class-motion lawsuit is submitted towards Velodyne, alleging the business violated federal labor regulation by not serving right observe when it laid off around 140 staff March twenty.