Aeva Technologies, Inc. (AEVA)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
What AEVA's New Auto Contract Means for Its Growth Outlook
AEVA secures a Tier-1 deal with a major European automaker, positioning its 4D LiDAR as a global standard across models.
Aeva shares soar after deal with European automaker
Shares of Aeva Technologies , a Silicon Valley-based maker of lidar units that help autonomous vehicles sense their surroundings, rose more than 18% in midday trading on Wednesday after the company announced an exclusive deal to supply a European maker of passenger vehicles.
AEVA Targets Smart Cities With a Bold Traffic Tech Shift
AEVA teams with D2 to fuse 4D LiDAR and traffic expertise, aiming to deliver full smart-city systems.
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Aeva Technologies, Inc. Profile
| Automobile Components Industry | Consumer Discretionary Sector | Soroush Salehian Dardashti CEO | NASDAQ (NGS) Exchange | 00835Q202 CUSIP |
| US Country | 276 Employees | - Last Dividend | 19 Mar 2024 Last Split | - IPO Date |
Overview
Aeva Technologies, Inc., established in 2017 and based in Mountain View, California, stands at the forefront of the LiDAR sensing technology industry, addressing the vast needs of North America, Europe, the Middle East, Africa, and Asia. Specializing in the design, development, manufacturing, and sale of LiDAR sensing systems, Aeva Technologies is a pivotal player in advancing perception and autonomy-enabling software solutions. The company leverages frequency modulated continuous wave (FMCW) sensing technology to develop innovative products that cater to a wide range of applications, including automotive, trucking, mobility, industrial automation, consumer devices, and security.
Products and Services
- Aeries II
A 4D LiDAR solution that embodies a sophisticated 4D LiDAR sensing system integrated with advanced software, tailored for automotive grade production. Aeries II is designed to enhance safety and efficiency across passenger cars, trucking, and mobility applications by offering unparalleled precision and reliability.
- Atlas
This is a cutting-edge FMCW 4D LiDAR product capable of detecting simultaneous velocity and range, a feature specifically crafted for the automotive market. Atlas sets itself apart by providing comprehensive, in-depth data which is crucial for the development of autonomous driving technologies and ensures safer navigation and operation of vehicles in complex environments.
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