AeroVironment’s New Joint Venture and Solar HALE UAS Development Program

AeroVironment, Inc. has announced the formation of a joint venture to develop solar-powered high-altitude long-endurance, or HALE, UAS for commercial operations. This category of UAS is also referred to as high-altitude pseudo-satellites, or HAPS. The joint venture will fund the development program up to a net maximum value of $65,011,481. Continue reading

Velodyne Slashes Most Popular LiDAR Sensor Price

Led by inventor and entrepreneur David Hall, Velodyne LiDAR has announced a significant cost reduction for its VLP-16 Puck, which will spur hope and excitement for the development of safe autonomous vehicles that are accessible to all. Velodyne’s most popular LiDAR sensor, the VLP-16, is now offered to customers around the world for up to a 50 percent cost reduction. Continue reading