Velodyne Lidar

Velodyne Lidar has secured a three-year contract to supply sensors to Baidu for its autonomous driving operations.

Velodyne Lidar completed its acquisition of Graf Industrial Corp. in a reverse merger transaction valued at $2.1 billion, becoming a publicly traded company.

Velodyne Lidar, a lidar technology developer, announced its merger with Graf Industrial Corp., a special purpose acquisition company. The transaction will result in Velodyne becoming a publicly traded company on NASDAQ.