Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced ROBORACE, the world’s first autonomous car racing series, has selected Velodyne as the official lidar sensor provider in its next generation vehicles.
Luminar (LAZR) May Have Lost Some of Its Luster To Velodyne (VLDR) and Innoviz but Investors Should Not Ignore Its Healthy Prospects Dec 14, 2020 09:15 EST
Luminar (NASDAQ:LAZR), the manufacturer of high-performance lidar sensors for autonomous vehicles, was the subject of relentless interest from investors in the run-up to its much-anticipated merger with the SPAC, Gores Metropoulos. However, since the closure of this business combination agreement in early December, investor interest seems to have waned. As an illustration, after registering an all-time high close of $41.80 on the 08th of December, Luminar shares have experienced a significant correction, closing at $28.12 last Friday and corresponding to a decline of over 32 percent.