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Friday, September 11, 2020

Lidar Becomng a Business

Advanced sensors growing up and competing, good direction.  We examined this very early on for shelf inventory.

Lidar Is Finally Becoming a Real Business
The success of lidar companies was unclear until this summer, when three leading makers offered glimpses of their finances.

FOR YEARS, THE lidar business has had a lot of hype but not a lot of hard numbers. Dozens of lidar startups have touted their impressive technology, but until recently it wasn't clear who, if anyone, was actually gaining traction with customers.

That's starting to change. This summer, three leading lidar makers have done major fundraising rounds that included releasing public data on their financial performance.

The latest lidar maker to release financial data is Ouster, which announced a $42 million round in a Tuesday blog post. That post also revealed a striking statistic: The company says it now has 800 customers.  ... "

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