Velodyne Lidar
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Velodyne Lidar was a US lidar sensor company founded in 2005 that became a global pioneer in lidar for autonomous vehicles, robotics and smart infrastructure. It went public in 2020 and at its peak carried a roughly $4 billion valuation.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Velodyne Lidar was founded in the US as a lidar sensor company.
- Public listing
Velodyne went public and reached a valuation of about $4 billion during the lidar SPAC boom.
- Merger with Ouster
Velodyne completed a merger of equals with Ouster, effective February 10, 2023; the combined company kept the Ouster name and NYSE ticker OUST, with over 850 customers, about 350 employees and more than $315 million in combined cash.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.