Waymo has announced it will offer its short-range lidar sensors for use in other non-automated driving applications
Over its 10 years of working on automated driving systems, Waymo has kept important details of its technology notoriously secret. While that’s a perfectly reasonable stance to take when developing such a new technology in a very competitive industry, it does make it tougher to do deals.
The reality probably lies somewhere between those two extremes but even when Waymo introduced its automated version of the Chrysler Pacifica hybrid in 2017, representatives explained that Waymo didn’t plan to become a traditional supplier and wanted to retain control of its system. More recently Waymo has indicated that it is opening to supplying the system to automakers.
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Alphabet's Waymo just explained how it can make money: selling self-driving car sensors to partnersAlphabet's Waymo announced on Wednesday that it will sell its technology to partners, showing a new source of revenue for the self-driving unit that's worth about $70 billion, according to Morgan Stanley.
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Waymo will make money outside of just self-driving cars by selling its laser technology to other marketsWaymo's lidar sensor — known as Laser Bear Honeycomb — uses lasers to understand nearby objects and can be used in applications outside of self-driving cars.
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Alphabet's Waymo just explained how it can make money: selling self-driving car sensors to partnersAlphabet's Waymo announced on Wednesday that it will sell its technology to partners, showing a new source of revenue for the self-driving unit that's worth about $70 billion, according to Morgan Stanley.
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Waymo will make money outside of just self-driving cars by selling its laser technology to other marketsWaymo's lidar sensor — known as Laser Bear Honeycomb — uses lasers to understand nearby objects and can be used in applications outside of self-driving cars.
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A chaotic market for one sensor stalls self-driving carsAutomakers and technology companies racing to develop self-driving vehicles are ...
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