In this article we are going to list the 5 biggest LiDAR companies in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 biggest LiDAR companies in the world.
5. Velodyne Lidar, Inc. (NASDAQ:VLDR)
Total market cap of the company 11 December 2022 (in millions): $242
Total revenue of the company (in millions): $44.9
Total profit / loss of the company from continuing operations (in millions): -$172.5
Total assets of the company (in millions): $375.4
Velodyne Lidar, Inc. (NASDAQ:VLDR) is a Silicon valley LiDAR company. It provides multiple LiDAR products including surround LiDAR and solid-state LiDAR. Currently, Velodyne Lidar, Inc. (NASDAQ:VLDR) has at least 300 customers. Velodyne Lidar is a company that specializes in the development and production of lidar technology. It is considered a leader in the field, with a range of lidar systems that are used in a variety of applications, including self-driving cars, robotics, and mapping. The company’s lidar systems are known for their high resolution and accuracy, and they have been used in a number of high-profile projects and applications. Velodyne was founded in 1983 and is headquartered in San Jose, California.
4. Ouster, Inc. (NYSE:OUST)
Total market cap of the company 11 December 2022 (in millions): $219.6
Total revenue of the company (in millions): $41.9
Total profit / loss of the company from continuing operations (in millions): -$124.7
Total assets of the company (in millions): $307.7
Established just 7 years ago, Ouster, Inc. (NYSE:OUST) has already established itself among the leading LiDAR companies in the world. Ouster, Inc. (NYSE:OUST) products are currently used by more than 600 customers globally. Currently, Ouster, Inc. (NYSE:OUST) is focused on LiDAR technology for robotics and autonomous vehicles.
3. Innoviz Technologies Ltd. (NASDAQ:INVZ)
Total market cap of the company as at 11 December 2022 (in millions): $639.7
Total revenue of the company (in millions): $6.1
Total profit / loss of the company from continuing operations (in millions): -$126.5
Total assets of the company (in millions): $327.2
Most of the biggest LiDAR companies in the world are involved in the autonomous vehicle industry and Innoviz Technologies Ltd. (NASDAQ:INVZ) is no exception. Innoviz Technologies Ltd. (NASDAQ:INVZ) has developed its InnovizTwo LiDAR technology which is ready to be used in consumer vehicles. The benefits of this technology are that it is 70% cheaper while performing 30x better than the previous generation LiDAR technologies. Innoviz Technologies Ltd. (NASDAQ:INVZ) uses its solid-state LiDAR sensors to provide a safe, autonomous driving experience. The company, which was only established 6 years ago, currently has a low revenue of just $6 million, but investors have great hope in the company which is why its current market cap is more than $600 million
2. Luminar Technologies, Inc. (NASDAQ:LAZR)
Total market cap of the company 11 December 2022 (in millions): $2,579
Total revenue of the company (in millions): $41.9
Total profit / loss of the company from continuing operations (in millions): $-375
Total assets of the company (in millions): $883.5
One of the few profitable LiDAR companies in the world, Luminar Technologies, Inc. (NASDAQ:LAZR) works on developing vison-based LiDAR and machine perception technologies, to be used mainly in autonomous or self-driving cars. Headquartered in California, Luminar Technologies, Inc. (NASDAQ:LAZR) was established exactly a decade ago and currently has 400 employees. Luminar Technologies, Inc. (NASDAQ:LAZR) has entered a partnership with one of the biggest automotive manufacturers in the world in Mercedes-Benz to provide sensors for its vehicles and gain information from on-road data to improve automated driving.
1. Indie Semiconductor, Inc. (NASDAQ:INDI)
Total market cap of the company 11 December 2022 (in millions): $877.2
Total revenue of the company (in millions): $96.7
Total profit / loss of the company from continuing operations (in millions): $-56.4
Total assets of the company (in millions): $470.9
Topping the list of the 15 biggest Lidar companies in the world is Indie Semiconductor, Inc. (NASDAQ:INDI). Headquartered in California, Indie Semiconductor, Inc. (NASDAQ:INDI) is now a key player in the automotive company, experiencing rapid growth. When the company started out, the average cost of semiconductor material in a car was around $200; now, it’s worth thousands of dollars. Indie Semiconductor, Inc. (NASDAQ:INDI) aims to be part of the Autotech revolution by providing next generation semiconductors, not to mention software platforms, with the primary aim of the company being “focus on edge sensors for Advanced Driver Assistance Systems including LiDAR, as well as solutions for connected car, user experience and electrification applications.”
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