Nikon Invests $25m in Velodyne, Discusses Collaboration

Velodyne Lidar announces Nikon as a new strategic investor with an investment of $25M. The parties further announced they have begun discussions for a multifaceted business alliance.

Aiming to combine Nikon’s optical and precision technologies with Velodyne’s sensor technology, both companies have begun investigating a wide-ranging business relationship, including collaboration in technology development and manufacturing. The companies share a futuristic vision of advanced perception technology for a wide range of applications including robotics, mapping, security, shuttles, drones, and safety on roadways.

Tahnks to TG for the link!