Lidar Firms Pour Cash Into Commercialisation Race

A variety of lidar companies have reported their financial results for 2021, and it’s apparent they’re spending heavily.Luminar, Aeva, Aurora, and Ouster all posted sharp rises in sales but hefty operating losses, as they work to develop and commercialise ADAS and AV technology. – Velodyne confirmed a 35% fall in annual sales to $62 million in…
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