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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 (NASDAQ: AEVA) has announced a strategic collaboration with a technology affiliate of a Global Fortune 500 company, involving a total investment of up to $50 million and approximately 6% equity stake in Aeva. The partnership aims to expand Aeva's next-generation 4D LiDAR technology into new industrial and consumer markets. The collaborating company will serve as Aeva's Tier-2 manufacturing partner for a previously announced Top 10 passenger OEM program.
The investment includes Aeva common stock, new joint product development revenue, and capital investments to enhance production capacity. The collaboration leverages the partner's expertise in global manufacturing and electronics with Aeva's proprietary Frequency Modulated Continuous Wave (FMCW) technology, targeting multiple market segments including consumer electronics, industrial, and automotive applications.
Aeva (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, has appointed Daniel Gibson to its Board of Directors, effective May 1, 2025. Gibson, who is the Founder and Chief Investment Officer of Sylebra Capital Management, has been a supporter of Aeva since 2020. He brings significant experience in technology investments, currently serving as a board member for Impinj and previously holding positions at Coatue Management. Gibson's appointment demonstrates confidence in Aeva's FMCW technology and comes at a time when the company is experiencing growing commercial momentum.
Aeva has launched its new Eve 1 product line of high-precision sensors, targeting the $4 billion global laser displacement sensor market. The flagship product, Eve 1D, is the industry's first FMCW-based laser displacement sensor designed for industrial automation applications.
Powered by Aeva's CoreVision lidar-on-chip modules, Eve 1D delivers sub-micron precision measurements across distances from 100 millimeters to 20 meters. The sensor achieves 0.01% linearity accuracy and operates at high measurement speeds, offering key advantages over traditional sensors:
- Reliable precision across various materials and surface types
- Performance unaffected by ambient light or sensor interference
- Occlusion-free measurement with coaxial laser beam design
- Precise vibration and velocity measurement capabilities
The product combines optical components and data processing in a compact, single-box design. Samples are currently available, with production scheduled to begin this year.
Aeva (NASDAQ: AEVA), a leader in next-generation sensing and perception systems, has scheduled its First Quarter 2025 earnings conference call and webcast. The company will release its Q1 2025 financial results after market close on Wednesday, May 14, 2025.
The earnings conference call will be held at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Investors can access the webcast through investors.aeva.com, where an archive will remain available for 12 months following the call.
Aeva (Nasdaq: AEVA) has been selected as the exclusive LiDAR supplier for Inyo Mobility's upcoming autonomous shuttle program. The partnership will integrate Aeva Atlas™ 4D LiDAR technology into Inyo's autonomous vehicle platform for urban transportation.
The collaboration focuses on implementing Aeva's Frequency Modulated Continuous Wave (FMCW) technology, which provides simultaneous measurement of 3D position and instant velocity for each point, with detection capabilities up to 500 meters. The sensors are immune to interference from other LiDAR sensors and sunlight.
Inyo's fully electric CAB is designed for sustainable last-mile urban mobility, featuring customizable interiors and multiple autonomous configurations for passenger and cargo transport. The vehicles will be equipped with Aeva's sensors to provide 360-degree environmental awareness, primarily targeting European markets.
Aeva (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, has appointed Katherine Motlagh to its Board of Directors, effective March 27, 2025. This strategic addition aims to support Aeva's commercialization of its 4D LiDAR technology.
Motlagh brings over 25 years of leadership experience, particularly in finance roles at global automotive infrastructure and industrial companies. She currently serves on the boards of Crown Castle Inc. and EVgo, Inc., where she holds key committee positions. Her previous experience includes CFO roles at CyrusOne and American Tower's European, African and Latin American regions, as well as financial leadership positions at Ericsson, Nokia, and Nextel Communications.
Aeva (Nasdaq: AEVA) has been chosen as the exclusive LiDAR supplier by Sensys Gatso Australia for secondary speed detection in their new mobile speed enforcement products. The collaboration integrates Aeva Atlas™ 4D LiDAR technology into Sensys Gatso's portable speed enforcement solutions, providing a multi-modal approach to improve road safety at high-risk locations across Australia.
The system combines Sensys Gatso's core radar detection technology with Aeva's LiDAR capabilities for independent secondary speed verification. This partnership represents Aeva's expansion in the industrial market, specifically tailored to meet local Australian customer requirements for enhanced speed detection systems.
Aeva (NASDAQ: AEVA) reported its Q4 and full year 2024 results, highlighting significant commercial progress. The company secured a development program with a Global Top 10 Passenger OEM for their Atlas Ultra 4D LiDAR, with a letter of intent for large-scale production targeting 2027 SOP. Revenue reached $2.7M in Q4 2024 (vs $1.6M in Q4 2023) and $9.1M for full year 2024 (vs $4.3M in 2023).
The company maintained $112.0M in cash and equivalents, with an additional $125.0M facility available. GAAP operating loss was $34.2M in Q4 and $158.4M for the full year. For 2025, Aeva projects revenue between $15-18M, representing 70-100% year-over-year growth.
Key achievements include progress with Daimler Truck's production program (2026 SOP), expanded collaboration with SICK AG for industrial automation, and demonstration of industry-first behind-windshield 4D LiDAR integration.