Self Driving Cars

Amazon
Auto-Sensor
Self Driving Cars

Amazon in Pact for Potential Stake in Auto-Sensor Maker Velodyne

(Bloomberg) — Velodyne Lidar Inc. shares more than doubled in late trading after Amazon.com Inc. acquired warrants that could lead to a small stake in the auto-sensor maker. Velodyne agreed to issue to Amazon a warrant to acquire more than 39 million shares or as much as 5%, according to a filing; the warrant shares […]

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Lidar
Self Driving Cars

Lidar Progress Will Get Microvision Stock Out of Its Current Slump

Late last year, Microvision (NASDAQ:MVIS) announced plans to enter the automotive lidar business, which kicked off an incredible run-up in the price of MVIS stock. MVIS stock: Concept image of a self-driving car lidar system. Source: temp-64GTX/Shutterstock.com At the time it was trading for penny stock prices (around $3 per share), but soon made its […]

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