30.01.2017
First Sensor AG DE0007201907
DGAP-News: First Sensor AG: First Sensor Expands Cooperation with Velodyne LiDAR Inc.
DGAP-News: First Sensor AG / Key word(s): Agreement
First Sensor AG: First Sensor Expands Cooperation with Velodyne LiDAR Inc.
30.01.2017 / 08:00
The issuer is solely responsible for the content of this announcement.
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- New strategic supply agreement for Avalanche photodiodes (APD)
concluded
- Multi-million dollar order volume over the next three years
- Autonomous driving propels growth
At the world's largest trade fair for optical technologies, the SPIE
Photonics West in San Francisco, the sensor specialist First Sensor and
Velodyne LiDAR Inc. announced an expansion of their cooperation for
Avalanche photodiodes (APD), which has been in place since 2005. Velodyne
LiDAR is the recognized global leader in Light, Detection and Ranging
(LiDAR) technology.
The strategic supply cooperation has a volume in the millions over the next
three years. Velodyne LiDAR uses Avalanche photodiodes (APD) from First
Sensor in its entire product range of LiDAR scanners. Together with radar
and camera systems, LiDAR is of fundamental importance for autonomous
driving. In this field, Velodyne LiDAR acts as a supplier to a large number
of OEMs and tech companies in the autonomous revolution space and
particularly appreciates the performance of First Sensor technology for
this.
"In the field of industry, First Sensor has been a valued supplier for
Avalanche photodiodes for a long time. We cover a wide usage spectrum,
ranging from length measurement right up to machine safety. By using these
products in LiDAR scanners for autonomous driving, we are now gradually
tapping into a new market with huge growth potential with this product,"
says Dr. Dirk Rothweiler, CEO of First Sensor AG.
This started in 2009 with an APD array that entered series production for
the end customer Chrysler. In addition to the USA, this technology is now
being used in Europe and Asia as well. "Many of our development projects
had reached prototype phase by the end of last year. We are confident that
we will generate further business from them in the future," says Dr.
Mathias Gollwitzer, CFO of First Sensor.
First Sensor came first among producers for Avalanche photodiodes in the
recently published Global APD Avalanche Photodiode Market Research Report
2016. They detect invisible flashes of light with which LiDAR scanners
create a high-definition 360˚ picture of the surrounding area. Fitted with
an internal gain mechanism, they are particularly sensitive. The sensor
specialist offers individual diodes as well as arrays, which are used for
applications such as distance measurement or optical communication. They
are used in the growth markets of industry 4.0, medical technology and
autonomous driving. These areas form the thematic focus of this year's SPIE
Photonics West, at which more than 20,000 international visitors are
expected.
About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces
customer-specific solutions for the ever-increasing number of applications
in the industrial, medical, and mobility target markets. Based on tried-
and-tested technology platforms, we develop products from chips to complex
sensor systems. Trends such as Industry 4.0, autonomous driving, and the
miniaturization of medical technology will drive our growth extremely
rapidly in the future. First Sensor was established 25 years ago in Berlin
and has been listed on the Frankfurt Stock Exchange since 1999 [Prime
Standard Ι WKN: 720190 Ι ISIN: DE0007201907 Ι SIS]. More information:
http://www.first-sensor.com/en/
About Velodyne LiDAR
Founded in 1983 by David S. Hall, Velodyne Acoustics Inc. first disrupted
the premium audio market through Hall's patented invention of virtually
distortion-less, servo-driven subwoofers. Hall subsequently leveraged his
knowledge of robotics and 3D visualization systems to invent ground
breaking sensor technology for self-driving cars and 3D mapping,
introducing the HDL-64 Solid-State Hybrid LiDAR sensor in 2005. Since then,
Velodyne LiDAR has emerged as the leading supplier of solid-state hybrid
LiDAR sensor technology used in a variety of commercial applications
including advanced automotive safety systems, autonomous driving, 3D mobile
mapping, 3D aerial mapping and security. The compact, lightweight HDL-32E
sensor is available for applications including UAVs, while the VLP-16 LiDAR
Puck is a 16-channel LiDAR sensor that is both substantially smaller and
dramatically less expensive than previous generation sensors. To read more
about the technology, including white papers, visit http://
www.velodynelidar.com.
Disclaimer
Statements in this Corporate News relating to future developments are based
on a prudent estimate of future events. Actual events may deviate from
planned events, as they depend on a large number of market and economic
factors, some of which are outside of the company's control.
Contact:
First Sensor AG
Corinna Krause
Peter-Behrens-Str. 15
12459 Berlin
E-mail: [email protected]
T +49 30 639923-571
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30.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: [email protected]
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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