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With lidar companies Ouster and Velodyne officially merged, CEO Angus Pacala has identified the next phase of growth. And it's not self-driving cars or even advanced driver assistance systems.
The merger creates a lidar powerhouse with more than 850 customers and about $315 million in cash on hand.

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Velodyne Lidar has a low debt/asset ratio, providing it with a substantial cash reserve and greater financial flexibility. The company's outlook for Q4 2022 remains optimistic with continued demand an
Ouster (OUST) and Velodyne Lidar (VLDR; VLDRW) have completed their merger. These are the details.
Velodyne Lidar (US:VLDR) said Tuesday that proxy advisory firm Institutional Shareholder Services (ISS) recommended that shareholders vote for its proposed roughly $400 million merger with Ouster (US:
SPACs have been hailed as a more efficient way to go public and a way to allow the everyday investor to bet on earlier stages of growth, but there are signs that some companies weren't ready for their
Beaten-down lidar stocks could provide investors with one of the biggest opportunities of 2023. After all, lidar is an essential piece of the self-driving-auto puzzle.
Velodyne Lidar, Inc. (VLDR) delivered earnings and revenue surprises of 45.83% and 2.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock
Velodyne Lidar, Inc. (NASDAQ:VLDR ) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET Company Participants Jordan Darrow - Investor Relations, Darrow Associates Ted Tewksbury - Chief Execut
Yahoo Finance's Akiko Fujita discusses how Ouster and Velodyne stocks are trading following the announcement of a merger.
The competition to dominate the important lidar market has been intense, driving competition up but stock prices down. Two of those firms, Velodyne (NASDAQ: VLDR) and Ouster (NYSE: OUST), announced on
Ouster (OUST) and Velodyne (VLDR) announced that they have entered into a definitive agreement to merge in an all-stock transaction. The proposed merger is expected to drive value creation and result
Lidar makers Ouster Inc and Velodyne Lidar Inc said on Monday they would merge in an all-stock deal, forming a company with a combined market capitalization of about $400 million.
Ouster and Velodyne, two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. Both Ouster and Velodyne will maintain a 50% stake in the new company, accordi
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