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Velodyne Lidar Announces World Safety Summit on Autonomous Technology Agenda

Free Virtual Event Promotes How AVs and ADAS Advance Safety and Safe Communities

October 15, 2020

Velodyne Lidar, Inc. (Nasdaq: VLDR) today announced the agenda for the third annual World Safety Summit on Autonomous Technology (WSS) that will address vehicle autonomy and advanced driver assistance systems on roadways and in communities. The summit aims to foster greater understanding about how autonomous technologies and automated safety systems can improve vehicle navigation and build smarter transportation infrastructure. By networking and sharing various points of view, Velodyne seeks to accelerate safety solutions for pedestrians, bicyclists, motorcyclists, and truck and vehicle occupants.

The free 2020 World Safety Summit brings together industry, government, journalism and academia leaders on the agenda and takes place on October 22 from 9:00 a.m. to 1:00 p.m. PDT. The summit is being held as a virtual event and is open to the public. To see the agenda and register, please go to: 2020 World Safety Summit.

The summit keynote speakers are leaders and visionaries on the path to automated and fully autonomous safety. They are: Mark Rosekind, Ph.D., Chief Safety Innovation Officer, Zoox, Oliver Cameron, Co-Founder & CEO, Voyage and Nicole Nason, Administrator, Federal Highway Administration.

The summit agenda features five panel sessions with experts from organizations that include Audi of America, Aurora, AutonomouStuff, J.D. Power, MIT AgeLab, PAVE, Princeton University, U.S. Senate, Velodyne, Zoox and more. The sessions will explore critical topics such as examining advanced driver assistance system (ADAS) capabilities, sponsored by PAVE Coalition, and media perspectives on the mobility landscape, sponsored by SAE International. Additional sessions will examine the regulatory roadmap for autonomous vehicles (AV) and ADAS, how industry collaboration can advance safe autonomy on public roadways, and connecting cars with smart city infrastructure.

This year’s summit is joining together with the Western Automotive Journalists’ Silicon Valley Reinvents the Wheel, an annual automotive technology conference. Charlie Vogelheim, an expert with over 30 years of automotive industry experience, will be moderator for the summit.

“The World Safety Summit provides an ideal forum to increase awareness and understanding among key stakeholders on the transformative gains that can be achieved with autonomous technologies,” said Brian Douglas, President, Western Automotive Journalists. “It brings together some of the industry’s leading authorities to discuss the critical issues related to improving mobility and safety in transportation.”

“Public education is essential to advancing the potential of autonomous technology, as it is applied to AVs and powerful driver safety features, for revolutionizing transportation,” said Sally Frykman, Vice President of Communications, Velodyne Lidar. “The summit attracts a diverse group of experts with each session providing a unique window into pivotal issues related to future safe autonomy. It is gratifying to see so many government and industry influencers and their organizations recognizing the value of our company’s efforts to build public awareness and understanding of new technical solutions.”

About Velodyne Lidar

Velodyne Lidar (NASDAQ: VLDR) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, visit www.velodynelidar.com.

Forward Looking Statements

This press release contains forward looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, competition. When used in this press release, the words estimates, projected, expects, anticipates, forecasts, plans, intends, believes, seeks, may, will, should, future, propose and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; uncertainties related to Velodyne's estimates of the size of the markets for its products; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; Velodyne's ability to identify and integrate acquisitions; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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