Velodyne LiDAR Opens Megafactory in San Jose for production of 3D LiDAR Sensors

 

MORGAN HILL, Calif.–(BUSINESS WIRE)–Velodyne LiDAR Inc., the recognized global leader in Light, Detection and Ranging (LiDAR) technology, today announced the opening of a Megafactory that will significantly ramp up production of the latest 3D LiDAR sensors to meet high global demand.

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Located in San Jose, CA, the enormous facility not only has enough space for high-volume manufacturing, but also for the precise distance and ranging alignment process for LiDAR sensors as they come off the assembly line. The Megafactory is already producing Velodyne’s HDL-64 LiDAR sensor, with production ramping up across Velodyne’s entire product portfolio and more than one million LiDAR sensors expected to be built in the facility in 2018. That high-volume manufacturing will feed the global demand for Velodyne’s solid-state hybrid LiDAR, the primary and critical instrument needed for autonomous car systems around the world.

“This Megafactory provides Velodyne LiDAR the space it requires to manufacture its cutting edge, long-range sensors in a single location, as well as the ability to scale to meet growing global customer demand for LiDAR while pursuing an aggressive growth strategy,” said Mark Shandley, vice president of operations, Velodyne LiDAR. “In addition, the location in Santa Clara County is ideal, as it allows us to produce LiDAR sensors in the US with a skilled workforce alongside precision robotic manufacturing processes so we can continue to grow and deliver world-class products.”

In addition to the San Jose Megafactory, Velodyne LiDAR has also opened a new research and development facility in Alameda, CA. Known as Velodyne Labs, this location focuses on building advanced LiDAR, ASICs chip technology, and new solutions to complete and compliment the company’s existing LiDAR lineup. The Megafactory and R&D facility join existing corporate and production facilities in Morgan Hill, as well as new or expanding sales offices in Northern California, the Midwest, East Coast, Europe, and Asia. Taken together, Velodyne LiDAR has positioned itself in 2017 to increase its leadership position in the development and production of LiDAR sensors that provide 3D vision for industrial applications, UAVs, and a rapidly expanding autonomous vehicle industry. In fact, Velodyne LiDAR is actively hiring in all locations for talent in a multitude of opportunities.

About Velodyne LiDAR

Founded in 1983 by David S. Hall, Velodyne Acoustics Inc. first disrupted the premium audio market through Hall’s patented invention of virtually distortion-less, servo-driven subwoofers. Hall subsequently leveraged his knowledge of robotics and 3D visualization systems to invent ground breaking sensor technology for self-driving cars and 3D mapping, introducing the HDL-64 Solid-State Hybrid LiDAR sensor in 2005. Since then, Velodyne LiDAR has emerged as the leading supplier of solid-state hybrid LiDAR sensor technology used in a variety of commercial applications including advanced automotive safety systems, autonomous driving, 3D mobile mapping, 3D aerial mapping and security. The compact, lightweight HDL-32E sensor is available for applications including UAVs, while the VLP-16 LiDAR Puck is a 16-channel LiDAR sensor that is both substantially smaller and dramatically less expensive than previous generation sensors. To read more about the technology, including white papers, visit http://www.velodynelidar.com.

Contacts

for Velodyne LiDAR
Andrew Hussey, 408-966-5078
andrew.hussey@porternovelli.com
or
Velodyne LiDAR
Laurel Nissen, 408-465-2871
lnissen@velodyne.com

Via Business Wire

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GE Transportation acquires Iders Incorporated to further its digital transformation

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 CHICAGO–(BUSINESS WIRE )–(NYSE:GE): GE Transportation, the world’s leading producer of rail and transportation-related products and offerings, announced today its acquisition of Iders Incorporated, an electronic product design and manufacturing company for the rail industry.

“This acquisition puts GE in the driver’s seat, allowing for faster innovation and scale, digital breakthroughs and future enhancements by in-house talent.”

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Iders Inc., the manufacturer of GoLINC – the onboard processing, storage, networking, and communications platform that essentially turns a locomotive into a mobile data center – has been a valued partner for more than five years. GoLINC boasts an install base of over 8,500 locomotives globally, and is the platform on which GE – and others – can write applications to help a train, and the entire system, perform more effectively.

“This strategic acquisition marks another milestone for GE Transportation in creating an efficient, self-aware rail ecosystem that helps customers achieve smarter outcomes made possible by sensor data and analytics,” said Jamie Miller, GE Transportation President and CEO. “This acquisition puts GE in the driver’s seat, allowing for faster innovation and scale, digital breakthroughs and future enhancements by in-house talent.”

As part of the acquisition, customers will now have access to a more extensive portfolio of cost-competitive digital solutions. GE will also inherit ongoing product development projects that aim to improve productivity and other customer outcomes.

“We’re proud to bring Iders’ history of innovation and advanced technical expertise to GE Transportation and look forward to the next chapter. GE and Iders have developed a successful relationship over the years built on complementary strengths, and we are excited to deepen this alignment,” said Brad Brown, President of Iders Incorporated.

About GE Transportation

At GE Transportation, we are in the business of realizing potential. We are a global technology leader and supplier of equipment, services and solutions to the rail, mining, marine, stationary power and drilling industries. Our innovations help customers deliver goods and services with greater speed and savings using our advanced manufacturing techniques and connected machines. Our digital solutions, which provide data-driven insights to improve efficiency, utilize Predix – GE’s cloud-based operating system for the Industrial Internet. Established more than a century ago, GE Transportation is a division of the General Electric Company that began as a pioneer in passenger and freight locomotives. That innovative spirit still drives GE Transportation today and is strengthened by our ability to serve customers more holistically through the GE Store – a global exchange of knowledge, technology and tools across all GE businesses that ultimately provides better outcomes for customers. GE Transportation is headquartered in Chicago, IL, and employs approximately 10,000 employees worldwide.

About iders Incorporated

iders Incorporated is an electronic product design and manufacturing resource that focuses on rail products, contract product development services (PDS), and contract electronic manufacturing services (EMS). iders has participated in a wide variety of projects. In each case, iders was sought out for its adherence to principles of design excellence, creativity and ability to bring technologies to market.

Contacts

Media Contact GE Transportation:

Mailee Garcia

312-873-9161

Mailee.garcia@ge.com

Speculation: Jeep India might launch Compass in June 2017

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Image for illustrative purpose only; Image Source: Link

Jeep is reportedly planning to launch the Compass in India in the month of June this year. The SUV was internationally unveiled in the second half of 2016. It will be the first Jeep product to be locally assembled in India at FCA’s Ranjangaon factory near Pune.

The Compass will be the third product from Jeep in the Indian market. The American automaker currently sells the Wrangler and the Grand Cherokee in the country. Both these models are brought through the CBU route.

For the Indian market, the Compass SUV is expected to come with two engine options: a petrol and a diesel. The petrol will likely be a 1.4-litre Multi Air Turbo engine, while diesel variants will be powered by a 2.0-litre MultiJet II turbocharged unit. Both these engines are expected to come with two transmission options: a 6-speed MT and a 9-speed AT.

Source: CarDekho