Lidar and software developing company Velodyne Lidar partners with robotic engine platform provider MOV.AI to provide autonomous solutions for industrial and e-commerce robotics. The information was revealed through a press release published by Velodyne Lidar.
Both the companies plan to develop enterprise-grade solutions for various commonly faced challenges like navigation, mapping, obstacle, and risk avoidance.
Integrating MOV.AI REP with a high-end sensor manufactured by Velodyne named Puck will allow the companies to come up with groundbreaking advanced technological solutions that would help to automate the e-commerce, manufacturing, logistics, and healthcare industry at a global level.
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Due to the COVID-19 pandemic, several sectors, including manufacturing and e-commerce are witnessing a greater need for automation to keep pace with the increasing demand of consumers. The solution developed by the two companies can play a vital role in this automation adoption process.
CEO of MOV.AI, Motti Kushnir, said, “Through the collaboration with Velodyne, we are able to offer our customers advanced SLAM navigation powered by the Puck, one of the world’s leading lidar sensors.”
He further mentioned that MOV.AI’s platform allows autonomous mobile vehicles access to one of the best navigation systems that can also be customized according to the needs of its clients.
The navigation system gives AMRs the ability to perform complex autonomous movements in both indoor and outdoor conditions. The jointly developed solution will provide ±2 cm accuracy in over 65% of different environmental and terrain conditions.
Velodyne is a United States-based sensor and software developing company founded by David Hall in the year 1983. The firm has raised a total funding of $375 million from industry-leading companies like Ford, Hyundai, Baidu, and Nikon.
Velodyne Lidar’s executive director of Europe, Erich Smidt, said, “We see extensive potential in this space, with the global AMR market size is expected to reach USD 8.70 billion in 2028, with a CAGR of 23.7 percent from 2021 to 2028, according to Fortune Business Insights.”