Valeo : €500 million of orders for its ‘Lidar’ sensors
Valeo has won €500 million worth of orders for its ‘Lidar’ car sensor products, Valeo executive Marc Vrecko told Reuters in an interview, highlighting the potential growth of Lidar.
“Those €500 million of orders with four major global auto groups will probably

Annual turnover is €7.5m from 160 customers worldwide with about 30 R&D projects per year and 150 employees including 40 R&D engineers. 80% of them are university and PhD graduates, with great collective experience in the plastics sector and related ones, such as packaging and the automotive industry. Andaltec coöperate closely with universities and research institutes round the world including the likes of Fraunhofer, KIT, Armines, and several Spanish universities. This collaboration is mainly linked to international research projects funded by the European Commission