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) has announced the opening of its new office in Korea, aimed at expanding its operations in the automotive, mobility, and industrial markets in East Asia. Sung-Ho Kim, a seasoned executive with over 33 years of experience, has been appointed as the country manager. Kim previously led Valeo Korea, overseeing $2 billion in revenue and significant manufacturing and R&D facilities. The move aligns with AEye's strategy to harness the growing demand for its adaptive LiDAR technology in a major market for automotive innovation.
AEye, Inc. (NASDAQ: LIDR) has announced the election of new directors to its board, including Carol DiBattiste as chair. The board gains experience in governance, legal, and financial management, particularly in automotive and defense sectors. This follows the expansion of AEye’s team and global sales, including a new office in Japan. The company's adaptive LiDAR technology positions it for growth, aiming to enhance vehicle autonomy and safety.
AEye, Inc. (NASDAQ: LIDR) announces the appointment of Jay Hohauser as Vice President of ADAS in North America. With over 25 years in the automotive sector, Hohauser previously led U.S. sales at Valeo, generating $1 billion in annual revenue. His role includes driving the adoption of AEye’s adaptive LiDAR technology among OEMs and Tier 1 partners. AEye's unique modular LiDAR system aims for higher levels of autonomous functionality and has doubled in size this year, expanding executive leadership and opening a new office in Japan.
AEye, Inc. (NASDAQ: LIDR) announced its participation in three upcoming virtual investor conferences. The Cowen 14th Annual Global Transportation & Sustainable Mobility Conference takes place on September 8, 2021, at 2:40 PM ET. The Evercore ISI Autotech & AI Forum is scheduled for September 21, 2021, at 10:15 AM ET. Lastly, the BofA Future Car Conference 2021 will occur on September 30, 2021, at 10:00 AM ET. Webcasts for the Cowen and Evercore conferences will be accessible on AEye's Investor Relations website.
AEye, Inc. (NASDAQ: LIDR) announced a partnership with Benchmark Electronics (NYSE: BHE) to enhance the manufacturing of its 4Sight LiDAR sensors. This collaboration focuses on producing critical optical components, ensuring quality and rapid scalability for industrial applications. AEye's innovative LiDAR technology offers industry-leading performance validated by third-party labs, designed for various markets, including autonomous vehicles and smart cities. The partnership aims to leverage Benchmark's manufacturing expertise to meet growing demand effectively.