Miracles in Lidar are coming. Quanergy, Infineon, Innoviz and Velodyne are all rushing to technologize solid state Lidar, which offers comparable performance specs to the spinning kfc bucket at quoted prices ranging from $250-$40. Imagine all the places we'll be using Lidar if it gets that cheap, the applications extend well beyond self driving cars.
From a capitalism point of view, the high price and long lead times imply that the market is signalling that it would like new entrants. Does Velodyne own patents that would keep out other players?
