CA-VELODYNE-LIDAR

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its fourth annual World Safety Summit on Autonomous Technology, which will focus on advancing safety, sustainability and efficiency. The summit will look at how autonomous technology is changing and shaping automotive and industrial sectors, and helping create sustainable and efficient infrastructure. By sharing a variety of perspectives on innovation, Velodyne aims to advance understanding of how autonomous solutions can bring societal, economic and environmental benefits.

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The free 2021 World Safety Summit brings together industry, government and journalism leaders for a compelling agenda and takes place on November 2 from 9:00 a.m. to 11:45 a.m. PDT. The summit is a virtual event and open to the public. Charlie Vogelheim, an expert with over 30 years of automotive industry experience, will be the moderator for the summit. To see the agenda and register, please go to: 2021 World Safety Summit .

The summit keynote speakers are renowned leaders on how to realize the vision of autonomous solutions that achieve safety, sustainability and efficiency. Keynote sessions include a fireside chat with Dr. Mark Rosekind, Chief Safety Innovation Officer, Zoox and an address by James Owens, Head of Regulatory, Nuro.

The summit agenda features three panel sessions with experts from organizations that include AECOM, Association for Unmanned Vehicle Systems International (AUVSI), Exyn, Gatik, Intelligent Transportation Society of America (ITSA), New York City Fire Department (FDNY), Nuro, NVIDIA, Partners for Automated Vehicle Education (PAVE), Velodyne and more.

Events of the past year have, for many people, redefined the meaning of safety. The panel sessions will explore how safety is not only about mitigating risk of immediate human harm, but also about laying the groundwork to secure future generations by creating a sustainable and efficient infrastructure. The sessions are: AVs Beyond AI: Ensuring Safety at The System Level, sponsored by PAVE; The Role of Smart Infrastructure Solutions to Achieve Vision Zero, sponsored by ITSA; and The Future of Industry – Robots Tackling the Dull, Dirty and Dangerous, sponsored by AUVSI.

“This year’s summit is expanding to evaluate a broader cross section of automation, looking at public infrastructure and advanced robotics in addition to mobility safety,” said Christina Aizcorbe, Vice President of Government Affairs, Velodyne Lidar. “The autonomous solutions community is energized by cities and states becoming more active in intelligent transportation systems and growth in new applications for technology to support environmental and human sustainability. We look forward to exploring how these developments in safety, sustainability and efficiency are addressing the changing needs of a world in continuous motion.”

About Velodyne Lidar

Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne, the global leader in lidar, is known for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all. For more information, visit www.velodynelidar.com .

Forward Looking Statements

This press release contains "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, and competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," “can,” "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include uncertainties regarding government regulation and adoption of lidar, the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. For more information about risks and uncertainties associated with Velodyne’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Velodyne’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to Velodyne as of the date hereof, Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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