SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. today announced that Optimus Ride will use Velodyne’s groundbreaking lidar sensors in its entire fleet of self-driving vehicles. The sensors provide rich computer perception data that enables real-time object and free space detection for safe navigation and reliable operation. Optimus Ride, a leading self-driving vehicle technology company on a… Continue reading Optimus Ride Selects Velodyne Lidar’s Trailblazing Sensors to Power its Self-Driving Vehicles
Author: BusinessWire Online News
Velodyne Files Patent Infringement Complaint with ITC Against Hesai and RoboSense
SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. filed a patent infringement complaint with the U.S. International Trade Commission (ITC) against Hesai Photonics Technology Co., Ltd. and Suteng Innovation Technology Co., Ltd. (a.k.a. RoboSense) for violations of section 337 of the Tariff Act of 1930 which makes unfair methods of competition and importation of certain products into… Continue reading Velodyne Files Patent Infringement Complaint with ITC Against Hesai and RoboSense
Cummins To Acquire Hydrogenics
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced that it has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, all the issued and outstanding shares of fuel cell systems provider Hydrogenics Corporation (NASDAQ: HYGS: TSX: HYG) for US$15.00 per share in cash, other than shares already owned by The Hydrogen Company, representing… Continue reading Cummins To Acquire Hydrogenics
Toyoda Gosei Invests in QBIT Robotics Corp., a Robotics Service Provider
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. has invested1 in QBIT Robotics Corporation (Tokyo, Japan), a provider of robotics services, to accelerate development of a practical robot hand with tactile sense using e-Rubber sensors.2 QBIT Robotics is a startup that develops systems3 centered on collaborative robots that work together with humans for use in the service… Continue reading Toyoda Gosei Invests in QBIT Robotics Corp., a Robotics Service Provider
Quanergy to Appeal PTAB Ruling in Velodyne Patent Case and to Assert its Patents
SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions, and the leading innovator in the space, today announced its plan to appeal the ruling by the Patent Trial and Appeal Board (PTAB) regarding the validity of Velodyne’s US Patent 7,969,558. Quanergy additionally announced that it… Continue reading Quanergy to Appeal PTAB Ruling in Velodyne Patent Case and to Assert its Patents
Cummins and Isuzu Enter into Power-Source Partnership Agreement
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited announced another step forward in their partnership by entering into the Isuzu Cummins Powertrain Partnership agreement. The agreement formalizes a business structure for the two companies to evaluate and carry out opportunities to jointly develop and bring new diesel and diesel-based powertrains to global markets.… Continue reading Cummins and Isuzu Enter into Power-Source Partnership Agreement
Velodyne Wins Patent Challenge
SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne has won a patent challenge brought by competitor Quanergy. In making its ruling the US Patent Trial and Appeals Board on May 23, 2019 upheld the patentability of all claims in Velodyne’s pioneering ‘558 patent. The ‘558 patent relates to a lidar based 3D point cloud measuring system used for Autonomous… Continue reading Velodyne Wins Patent Challenge
GILLIG Battery Electric Bus Unveiled
LOUISVILLE, Ky.–(BUSINESS WIRE)–GILLIG LLC and Cummins Inc. (NYSE: CMI) announced today that the GILLIG zero-emission battery electric bus, powered by Cummins, is now available. “As the leading provider of American-built buses, GILLIG is excited to expand our portfolio by offering the market’s most comprehensive battery electric bus solution. This best-in-class bus is designed on our… Continue reading GILLIG Battery Electric Bus Unveiled
Cummins Increases Presence and Footprint in Indiana
INDIANAPOLIS–(BUSINESS WIRE)–Today at the Indianapolis Motor Speedway, Cummins Inc. (NYSE: CMI) along with the Governor of Indiana and the Mayors of Columbus, Greenwood and Indianapolis, announced plans to expand its presence along the “Cummins Corridor” with new building projects and investment along I-65 in its global headquarters in Columbus, in Greenwood and in Indianapolis, Indiana.… Continue reading Cummins Increases Presence and Footprint in Indiana
Toyoda Gosei Invests in IMUZAK Inc., a Startup Specializing in Optics
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. has invested in IMUZAK Inc., a startup located in Yamagata Prefecture, Japan, with strengths in optical design and assessment, to accelerate its development of interior and exterior modules for the age of autonomous driving. The evolution of autonomous driving technology is expected to increase the need for parts equipped… Continue reading Toyoda Gosei Invests in IMUZAK Inc., a Startup Specializing in Optics