LiDAR News: Leddartech, Xaos, IDTechEx, Velodyne

Leddartech's Frantz Saintellemy, President and COO, features in a podcast:



China-based Xaos Sensor presents its MEMS-based LiDARs priced at $200:

IDTechEx publishes a nice video with review of different LiDAR approaches on the market:

Forbes contributor Sabbir Rangwala publishes his analysis of Velodyne merger with GRAF and going public:

• Velodyne's valuation post-deal close has grown from ~$1.8B (Velodyne was estimated at a valuation of $1.6B before the merger announcement) to ~$3B as of July 21, 2020
• The ASP per unit drops from $7K in 2019 to $600 in 2024 – which is ~ a 10X reduction, and therefore a 10X increase in volumes shipped
• The growth in market share and unit volumes is based on a transition from the 360° FOV LiDAR products (Surround LiDAR which Velodyne has traditionally dominated) to the Vela series of products in which there is significant competition, and Velodyne is just starting to develop
• Finally, profitability and cash flow – they currently lose about $50M/year, break even by 2023 as the Vela products kick in
• The above analysis indicates that a part of their growth will need to come from acquisitions

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