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Aeva Technologies reports developments tied to its frequency modulated continuous wave 4D LiDAR and perception platform for automated systems. The company designs LiDAR-on-chip sensing technology, system-on-chip processing and perception software that detect velocity and position for applications in automated driving, commercial vehicles, manufacturing automation, smart infrastructure, robotics and consumer devices.
Recurring Aeva news includes financial results, Atlas sensor deliveries for automotive and trucking programs, Nikon APDIS laser radar systems powered by Aeva Eve technology, Aeva CityOS intelligent transportation deployments, defense and autonomous-vehicle applications, and work with technology partners on automated-driving reference platforms. Company updates also cover commercial momentum, manufacturing scale-up and investor event participation.
Aeva (NYSE: AEVA) will report its first quarter 2022 results on May 4, 2022, after market close. A conference call and webcast will be held at 2:00 p.m. Pacific Time to discuss the results. Aeva is recognized for its innovative 4D LiDAR technology, which combines key components onto a silicon photonics chip, enhancing automated driving and robotics applications by allowing these devices to detect both 3D position and instant velocity. An archive of the webcast will be available for 12 months following the call.
Aeva (NYSE: AEVA) announced its Aeries 4D LiDAR sensors are now supported on the NVIDIA DRIVE platform, enhancing autonomous vehicle capabilities. These sensors detect 3D position and instant velocity up to 500 meters, adding critical safety elements to autonomous driving. Aeva's technology, including Ultra Resolution and 4D Localization, surpasses legacy systems, providing greater range and reliability. The collaboration aims to support the development of Level 3 and Level 4 autonomous vehicles, emphasizing the significance of advanced perception systems.
Aeva (NYSE: AEVA), a leader in next-generation sensing and perception systems, has announced its participation in several upcoming investor events. Key dates include the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2022, at 4:45 PM PT in San Francisco, and the 34th Annual Roth Conference on March 14, 2022, at 10:00 AM PT in Dana Point, CA. Additionally, Aeva will attend the Oppenheimer Transportation Technology Bus Tour on March 22, 2022, and the Credit Suisse Hidden Gems Conference on April 7, 2022, in New York. Institutional investors can register via their sales representatives.
Aeva (NYSE: AEVA) announced its Q4 and full-year 2021 results, highlighting the launch of Aeries II™, the world's first 4D LiDAR™ with camera-level resolution. The company achieved revenue of $2.9 million in Q4 2021, a significant increase from $0.7 million in Q4 2020, and $9.3 million for the full year, compared to $4.8 million in 2020. However, the GAAP operating loss rose to $31.9 million in Q4 2021, up from $9.0 million in Q4 2020. Cash reserves stood at $445 million as of December 31, 2021, supporting future growth and commercialization efforts.
Aeva (NYSE: AEVA) will announce its Q4 and full-year 2021 results on February 23, 2022, after market close. A conference call is scheduled for the same day at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results. Aeva specializes in advanced sensing and perception systems with a focus on industries like automated driving, robotics, and consumer electronics. Their innovative 4D LiDAR technology enhances real-time perception and decision-making capabilities for autonomous devices.
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.