Velodyne Cuts Price Of VLP-16 (Most Popular LiDAR Model) Up To 50%

Velodyne Cuts Price Of VLP-16 (Most Popular LiDAR Model) Up To 50%

Arguably the top LiDAR producer in the world, Velodyne LiDAR, has just cut the price of its most popular offering — the VLP-16 — in half, up to 50%. Much of the price cut is down to growing demand for LiDAR sensors, and thus improving production efficiencies, according to a press release from the company. “Demand for our VLP-16s grew tremendously in 2017. As a result, we increased capacity and now can pass along savings as cost reduction to our customers,” explained Velodyne CEO and founder, David Hall. “We want to make 2018 a year of optimism for the […]