VLDR - Boston Dynamics selected Velodyne Lidar for its lidar sensors; shares up ~10%

Velodyne Lidar (NASDAQ:VLDR) jumped 9.7% premarket on report that it has entered into multi-year agreement for its lidar sensors with Boston Dynamics, the global leader in mobile robotics. Boston Dynamics selected Velodyne’s sensors to provide perception and navigation capabilities for its highly mobile robots, which are capable of tackling the toughest robotics challenges. "Equipped with Velodyne’s lidar sensors, their robots can autonomously navigate complex environments. They can safely avoid obstacles and find the fastest route to perform vital tasks in environments from manufacturing plants and construction sites to distribution centers and warehouses," said Laura Wrisley, Senior Vice President of Worldwide Sales, Velodyne Lidar.

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Boston Dynamics selected Velodyne Lidar for its lidar sensors; shares up ~10%