Hesai & the LiDAR Opportunity

Hesai Group Breaking Out ASAP! Robotaxis leader could be staging a comeback.

What is LiDAR? 🦇

“LiDAR, which stands for Light Detection and Ranging, is a remote sensing technology that uses laser light to measure distances and create highly accurate 3D maps and models of objects and environments.”

This got me thinking of bats and the physics they use to navigate as they fly in the dark. I later found that this is called echolocation.

In fact, bats don’t use light like LiDAR technology does — instead they emit high-frequency sound waves and as those waves bounce off objects, the bats use those sound waves to create a mental picture of the terrain in front of them. Cool no?!

Anyway, how can we make money off of this? 🦉🫡

Hesai was placed in a US DoD Blacklist of companies affiliated with the Chinese military — Hesai has been contesting the claim in US courts.

What’s the backstory? Let’s have a (special situations) look! Read on.