Velodyne gains on lidar sensor supply agreement with Yamaha
11/10/2022 12:12
** Shares of lidar sensor maker Velodyne Lidar Inc VLDR.O
rise 3.4% to $0.92 premarket
** Inks multi-year agreement to provide its lidar sensors to
Yamaha Motor 7272.T and Tier IV Inc's joint venture, eve auto,
automated goods transport service urn:newsml:reuters.com:*:nBw6jHf6Ca
** Velodyne says begun shipping sensors to Yamaha for its
launch of eve auto this month
** Up to last close, stock had fallen ~81% YTD
(Reporting by Akash Sriram in Bengaluru)
((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))