Waymo'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.
Waymo will begin selling its lidar sensors to customers who don't compete with the company's autonomous ride-sharing services.
The decision to sell sensors is Waymo's second planned money-making channel outside of autonomous ride-sharing, which it hopes to launch in Arizona this year.said it would begin selling its lidar sensor These alternative use cases could include warehouse robots, security systems, and autonomous tractors, though lidar applications outside of self-driving cars only account for a tenth of the market today, according to aAn industry expert cited in the report said the lidar sales are doubling annually and are set to be more than $1 billion by 2019.
While Waymo has been developing lidar technology in-house for its self-driving cars for several years, the company's fleet of self-driving cars is still relatively small . Selling its lidar to other businesses could help Waymo increase economies of scale through greater production, eventually bringing down the price of making the expensive component for its own cars.
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