โ Velodyne Sensors Provide Mapping and Autonomy Capabilities to Robotic Defense Vehicles
-Velodyne Lidar announced a five-year sales agreement for its lidar sensors with QinetiQ (QinetiQ), a defense and security company. QinetiQ selected Velodyneโs sensors to provide perception and mapping capabilities across its unmanned ground vehicle (UGV) portfolio.โ
Moreโฆ
https://www.i-micronews.com/velodyne-lidar-signs-five-year-sales-agreement-with-qinetiq/
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Does the velodyne or Ouster lidars have a lot of magnetic component materials like steel, stainless steel, cobalt and nickel? The reason I am asking is because we want lidars mounted on our robots in some areas that have extremely strong magnetic fields (upwards of 500 gauss). If the major components are made of aluminum and copper that are non-magnetic metals, the lidars might still work in these magnetic fields.
https://shop.bostondynamics.com/spot-EAP?cclcl=en_US
I think Velodyne Lidar (VLDR) is going to pop off this year; maybe this month. (NOT a fucking squeeze) (First DD)
Not financial advice. I own shares/options in this company because I think it is a solid short term and long term play, not a fucking squeeze with short ladder attacks and 169% open short interest float.
Short Term Bull Signals
Velodyne is being added to the Russel 2000 at the end of June. For those of you that donโt know, The Russel 2000 is an index focusing on small-cap growth companies in the US. On average stocks in the 2020 Russel 2000 grow by 50% in the year after inclusion. I think VLDR is above average. Price target is $25 in the next 12 months
Itโs on sale at ~$11.25 as of this DD, which is approaching their 52 week low of $8.97. They currently have a buy rating from Yahoo finance with a price target in the high teens. (I think thatโs low. I like the stock.)
Long Term Bull Signals
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LIDAR gear is used for autonomous machines (cars, trucks, drones, UAVs, submersibles, and robots) and making maps of shit thatโs hard to map (more on this below). This is a huge growth industry right now.
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Velodyne makes their own LIDAR hardware and software. This is the tech version of vertical integration. โPeople who are really serious about software should make their own hardware.โ -Alan Kay (and Steve Jobs)
Who are they selling this tech shit to: Badass companies, mostly
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Gatik (Fucking Walmart uses Gatik trucks) uses Velodyne Lidar for their autonomous middle-mile delivery trucks. https://gatik.ai
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NASA is sending Velodyne sensors to the moon on their VIPER lunar rover. https://ntrs.nasa.gov/api/citations/20130009106/downloads/20130009106.pdf
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Seabed Geosolutions just selected Velodyne to map the ocean for energy companies. You know, energy, the thing the world is consuming 50% more of every decade? https://www.seabed-geo.com
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Exclusively supplying lidar devices to Faraday Future. Theyโre a maker of sexy future cars that just got injected with $1 billion of investment and are about to get listed on Nasdaq https://www.ff.com
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Knightscope selected Velodyne Lidarโs technology to power its 5th Generation Robocops. https://www.knightscope.com
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Idriverplus uses Velodyne sensors in street cleaners, passenger cars and logistics vehicles in China https://www.autofutures.tv/2021/04/29/from-driverless-street-cleaners-to-cars-idriverplus-powers-the-new-autonomous-revolution/
The Fundamentals
- They have NO DEBT: $383.6
I expect MicroVision will make a similar announcement sometime this month
https://www.businesswire.com/news/home/20210608005399/en/Velodyne-Lidar-Set-to-Join-Russell-2000ยฎ
Does the velodyne or Ouster lidars have a lot of magnetic component materials like steel, stainless steel, cobalt and nickel? The reason I am asking is because we want lidars mounted on our robots in some areas that have extremely strong magnetic fields (upwards of 500 gauss). If the major components are made of aluminum and copper that are non-magnetic metals, the lidars might still work in these magnetic fields.
