Welcome to our dedicated page for Aeye news (Ticker: LIDR), a resource for investors and traders seeking the latest updates and insights on Aeye stock.
AEye, Inc. develops software-defined lidar and intelligent sensing systems for advanced driver-assistance, vehicle autonomy, smart infrastructure, security, defense and logistics applications. Company news commonly covers its Apollo™ long-range lidar sensor, Stratos™ sensor and OPTIS™ full-stack perception platform, along with commercial relationships, product deployments and participation in safety and AI-system inspection initiatives.
Recurring updates also include quarterly and annual financial results, customer and shipment commentary, investor communications, equity-plan matters, inducement grants and leadership or operations-related appointments tied to AEye’s commercialization of lidar hardware and perception software.
AEye, Inc. (Nasdaq: LIDR) reported a strong performance for 2021, exceeding Wall Street revenue expectations with $3 million in annual revenue. Key milestones included advancements in productization and partnerships with companies like Continental and TuSimple. The company transitioned to manufacturing with Continental for automotive applications and established industry performance standards for lidar technology. Despite a GAAP net loss of $65 million, AEye ended 2021 with $164 million in cash, positioning itself for growth in 2022, targeting revenues of $4 to $6 million.
AEye, Inc. (NASDAQ: LIDR) announced that its CTO and founder, Luis Dussan, was named one of Business Insider's Self-Driving Power Players of 2022, recognizing his leadership in developing groundbreaking software-defined lidar technology. AEye’s adaptive lidar solutions offer advanced perception, crucial for the safe commercialization of autonomous vehicles. In collaboration with Continental, AEye aims to penetrate the consumer market with its HRL131 lidar product, slated for production in 2024. Dussan's innovative platform addresses key challenges in autonomous driving, enhancing safety and efficiency.
AEye, Inc. (NASDAQ: LIDR) will announce its fourth quarter and full year financial results for 2021 on March 28, 2022, after market close. Management will discuss the results and company performance during a conference call/webcast at 2:00 PM PT. Investors can access the webcast through AEye's investor relations website. AEye specializes in adaptive lidar solutions for advanced driver-assistance and vehicle autonomy, utilizing its 4Sight™ Intelligent Sensing Platform for enhanced safety and performance in dynamic environments.
AEye, Inc. will showcase its 4Sight M Adaptive Lidar at the upcoming Intertraffic Amsterdam exhibition from March 29 to April 1, 2022. Demonstrating live pedestrian tracking, AEye aims to highlight the importance of lidar technology in enhancing intelligent transportation systems (ITS) for improved safety. The company will have a presence at three locations, including its booth 05.424 and collaborations with Seoul Robotics and Intetra. This event aims to address the demand for more sophisticated traffic infrastructure in the era of connected, autonomous, shared, and electric vehicles.
AEye, a leader in adaptive lidar solutions, announced participation in March investor conferences, highlighting its active engagement with the investment community. Key events include the ROTH Conference on March 15, 2022, at 1:30 PM ET and the Maxim Group Virtual Growth Conference from March 28-30, 2022. AEye's notable recognition includes being named to Fast Company’s 2022 list of the World’s Most Innovative Companies in transportation for its advancements in software-driven intelligent sensing. Archived webcasts will be available on AEye's Investor Relations website.
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AEye, Inc. (NASDAQ: LIDR) has appointed former Apple marketing executive Sue Zeifman to its board, bringing extensive experience in global marketing from leading brands. The company also announced leadership additions, including Randolph Williams as VP of Commercial Vehicles, Gavan Hennessy as VP of Autonomous Platforms, and Conor Tierney as chief accounting officer. The new appointments aim to enhance AEye's market position in adaptive lidar technology, crucial for automotive and industrial applications.
AEye, Inc. (NASDAQ: LIDR) announced a virtual event titled “Live with AEye: Virtual CES 2022,” scheduled for January 5-6, featuring demos of its award-winning 4Sight LiDAR. The event aims to engage participants through interviews and real-time demos, emphasizing the technology's capabilities for various industries. CEO Blair LaCorte expressed disappointment at not being present in Las Vegas but highlighted the importance of safety and engagement. AEye continues to lead in providing adaptive LiDAR solutions for autonomy and advanced driver-assistance systems.
AEye, a leader in adaptive LiDAR solutions, announced a daily Live with AEye at CES webcast from January 5-7, 2022, for CES attendees unable to join in-person. The company will showcase its award-winning 4Sight LiDAR technology, demonstrating real-time adaptability in dynamic environments. Notably, AEye's partner, Continental, will debut its HRL131 long-range LiDAR, leveraging AEye's technology. The livestream, hosted by AutoVision News, will include exclusive interviews and updates on industry advancements in automotive and industrial sectors.