Velodyne Lidar, Inc. today announced a long-term global licensing agreement with Hesai Photonics Technology Co., Ltd. encompassing 360° surround-view lidar sensors. As a result of this agreement, Velodyne and Hesai have agreed to dismiss current legal proceedings in the U.S., Germany and China that exist between the two companies. “We think this agreement will expand the adoption of lidar world-wide and save lives,” says David Hall, Velodyne Founder and Chairman of the Board. The surr...