Welcome to our dedicated page for Aeva Technologies news (Ticker: AEVA), a resource for investors and traders seeking the latest updates and insights on Aeva Technologies stock.
Aeva Technologies (NASDAQ: AEVA) operates at the intersection of automotive technology and advanced sensing, making its news coverage relevant to investors tracking the autonomous vehicle industry, LiDAR technology developments, and manufacturing sector partnerships. As a company developing 4D perception systems for self-driving applications, Aeva's announcements frequently involve production contracts with vehicle manufacturers, strategic partnerships with tier-one automotive suppliers, and technology milestones in sensing capabilities.
News flow for Aeva typically centers on several recurring themes. Production contract announcements reveal which automotive programs have selected Aeva's FMCW LiDAR technology, indicating commercial traction and future revenue visibility. Partnership announcements with automotive suppliers and electronics manufacturers signal supply chain development and manufacturing scalability. Technology product launches introduce new sensor platforms or capability enhancements targeting automotive, industrial, or infrastructure applications.
Beyond automotive developments, Aeva generates news from industrial and infrastructure market activities. Traffic management system deployments, airport ground monitoring installations, and industrial automation partnerships demonstrate diversification beyond passenger vehicles. Government and research institution collaborations occasionally surface, reflecting interest in Aeva's precision velocity measurement capabilities for specialized applications.
Financial news includes quarterly earnings reports detailing development services revenue, sensor sales, and progress toward production program milestones. Capital markets activity such as strategic investments and financing arrangements also generates coverage, as the company continues funding technology development and manufacturing preparation ahead of high-volume automotive production.
Following Aeva news provides insight into the broader LiDAR industry competitive dynamics, autonomous vehicle technology adoption timelines, and the commercial progress of FMCW sensing technology in automotive and industrial markets.
Aeva (NYSE: AEVA) announced the launch of its next-generation Aeries™ II 4D LiDAR sensor designed for automotive and industrial applications. The sensor detects instantaneous velocity in addition to 3D positioning, powered by Aeva’s FMCW technology. Key features include Ultra Resolution imaging with up to 1000 lines per frame and LiDAR-on-Chip technology, significantly enhancing sensor integration and performance.
Aeries II, available mid-2022, aims to improve safety and automation across various industries.
Aeva (NYSE: AEVA) will host a virtual Product and Technology Day on February 1 at 1 PM ET to showcase its cutting-edge FMCW 4D LiDAR™ sensor technology. This innovative technology enables real-time measurement of both 3D position and velocity, enhancing the ability of autonomous vehicles to accurately perceive their surroundings. The event aims to present Aeva's vision for the future of autonomy and how its advancements can impact various industries.
Aeva (NYSE: AEVA) will not attend CES 2022 due to COVID-19 concerns, prioritizing health and safety. The company plans to host a virtual Product and Technology Day, focusing on its advanced FMCW 4D LiDAR technology, which measures instant velocity and 3D position. Aeva's CEO and CFO will participate in a fireside chat at the JP Morgan CES Tech/Auto Forum on January 5, discussing autonomous vehicle technology and the company's vision for the future.
Aeva (NYSE: AEVA) will showcase its next-generation 4D LiDAR technology at CES 2022, running from January 5-8 in Las Vegas. Attendees can see Aeva's advanced 4D LiDAR in action, which uniquely measures instant velocity alongside 3D range, enhancing safety for autonomous vehicles. Notably, Aeva will also present the world's first 4D LiDAR-on-chip module at its booth #6343. In collaboration with TuSimple, Aeva's technology for autonomous trucks will be on display. Exclusive demos for investors and media will highlight real-time 4D LiDAR data.
Plus, a self-driving truck technology provider, has chosen Aeva (NYSE: AEVA) to supply its 4D LiDAR for autonomous trucks. This multi-year agreement will enhance PlusDrive’s long-range perception capabilities, starting in late 2022. Aeva’s 4D LiDAR will improve safety by detecting objects and their velocities at distances over 500 meters. The partnership validates Aeva's technology for the automotive sector and supports Plus's goal of deploying over 100,000 autonomous trucks by 2025, enhancing efficiency, safety, and reducing carbon emissions.
Aeva (NYSE: AEVA) reported third quarter 2021 results, showcasing significant growth and key advancements in its 4D LiDAR technology. Revenue increased to $3.5 million, up from $1.9 million in Q3 2020, despite a GAAP operating loss widening to $27.4 million. The company secured a production win with PlusDrive for autonomous trucks and selected Fabrinet as its manufacturing partner. Aeva is on track to complete the B sample development by year-end and deliver to partners in 2022. Cash reserves stood strong at $477.7 million as of September 30, 2021.
Aeva, based in Mountain View, California, has partnered with Fabrinet to enhance its mass manufacturing capabilities for the 4D LiDAR chip module. This partnership will leverage Fabrinet's expertise in silicon photonics to produce a compact solution for automotive and industrial applications. The new production line in Thailand is expected to scale up production significantly, meeting the demand for Aeva's third generation of LiDAR technology, which is automotive qualified with IATF 16949 certification.
Aeva (NYSE: AEVA) will announce its third quarter 2021 results on November 10, 2021, post-market. The company, known for its advanced sensing technologies, will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results. The call will be accessible via webcast at investors.aeva.ai, with an archive available for 12 months. Founded in 2017 by former Apple engineers, Aeva aims to innovate in fields like automated driving and consumer electronics.
Aeva (NYSE: AEVA), a pioneer in sensing and perception systems, announced its participation in several investor conferences. Key events include the Cowen 14th Annual Global Transportation & Sustainable Mobility Conference on September 9, 2021, and the Piper Sandler Global Technology Conference on September 13, 2021. Additionally, Aeva will be part of the Morgan Stanley Virtual 9th Annual Laguna Conference on September 14, 2021, and the Evercore ISI Autotech & AI Forum on September 21, 2021, at 3:30 PM ET. Founded by former Apple engineers, Aeva focuses on advanced perception technology for various industries.
Aeva (NYSE: AEVA) reported Q2 2021 results, achieving revenue of $2.6 million, up from $1.6 million in Q2 2020. The company experienced a GAAP operating loss of $24.7 million compared to $5.0 million in the same quarter last year. Aeva's collaboration with Nikon aims to enhance industrial automation using its 4D LiDAR technology. The firm is on track to complete B sample development by year-end and has expanded its team by over 100% in recent quarters. Aeva holds $502.5 million in cash and equivalents as of June 30, 2021.
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