RoboSense Delivers 1 Millionth LiDAR Unit Amid Growing Demand

2025-02-26 automotive

Shenzhen, Wednesday, 26 February 2025.
RoboSense has achieved a major production milestone, delivering its 1 millionth LiDAR unit to Humanoid Robot (Shanghai) Co., Ltd, highlighting the increasing adoption of advanced LiDAR in autonomous systems.

Milestone Achievement and Strategic Delivery

On February 21, 2025, RoboSense marked a historic moment with a ceremony in Shenzhen celebrating the production of its millionth LiDAR unit [1]. The milestone unit, specifically an E1R model, was officially delivered on February 24 to Humanoid Robot (Shanghai) Co., Ltd for integration into their ‘Qinglong’ humanoid robot [1]. This achievement comes as RoboSense reports significant growth, with sales reaching 544,200 LiDAR units in 2024, marking a 112.578% increase from 2023’s 256,000 units [2].

Financial Performance and Market Position

RoboSense’s market position has strengthened considerably, with reported revenue for 2024 ranging between 1.63 billion yuan ($225 million) and 1.67 billion yuan, representing a growth of 45.5% to 49.1% year-over-year [4]. The company has significantly improved its financial health, with losses narrowing by approximately 90% compared to 2023 [4]. To fuel further growth, RoboSense announced on February 26, 2025, a new share placement of up to 22 million shares at HK$46.15 per share, aiming to raise approximately HK$1 billion [2]. Seventy percent of these funds will be directed toward research and development, particularly in robotics applications [2].

Industry Context and Technology Evolution

The LiDAR industry has undergone significant consolidation over the past decade, with approximately 70 independent companies initially receiving billions in funding [6]. Today, only a few dominant players remain, including RoboSense, Hesai, and Valeo [6]. This consolidation occurs against a backdrop of evolving sensor preferences in the autonomous vehicle industry, where traditional Time-of-Flight (ToF) LiDAR systems continue to dominate vehicle design implementations [6]. The adoption patterns show notable regional variations, with Chinese automakers particularly embracing LiDAR technology alongside advanced sensor suites [5].

Future Outlook and Applications

The ‘Qinglong’ humanoid robot, which will integrate RoboSense’s millionth LiDAR unit, showcases advanced capabilities with 43 active degrees of freedom and computing power of 400 TOPs [1]. This application demonstrates the expanding use cases for LiDAR beyond autonomous vehicles, where RoboSense has historically focused. Despite challenges in the broader LiDAR market [5], RoboSense’s strategic positioning and recent capital raising efforts suggest a confident outlook for future growth [2]. The company’s commitment to advancing AI robotics technology, coupled with its established production capabilities, positions it strongly in both automotive and emerging robotics applications [1][2].

sources

LiDAR technology autonomous driving