MOUNTAIN VIEW, Calif., September 2, 2022–(BUSINESS WIRE)–Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that it will exhibit its 4D LiDAR™ technology for the automotive industry and beyond at ADAS & Autonomous Vehicle Technology Expo in San Jose from September 7-8, 2022. Aeva will demonstrate its new Aeries™ II sensor and 4D LiDAR-on-chip technology at booth 6010 at the San Jose Convention Center.
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Visitors to the Aeva booth will be able to experience a live demonstration of Aeries II and learn about the company’s next-generation sensing and perception technology for a variety of automotive applications, including advanced driver assistance systems (ADAS) and vehicles. autonomous. Aeva will provide demonstration units for attendees to experience 4D LiDAR in real time and on the road showcasing the unique benefits of Aeva technology, including instant speed detection, long range object detection and Ultra Resolution™, one image at a time. camera level with up to 20 times the resolution of legacy time-of-flight LiDAR sensors. Demo unit availability is limited. Please email [email protected] to book an appointment.
Aeries II delivers groundbreaking sensing and sensing performance using Aeva’s Frequency Modulated Continuous Wave (FMCW) technology to directly detect the instantaneous velocity of each point, accurate to centimeters per second, as well as accurate 3D position over long distances. distance. Its compact design is 75% smaller than the previous generation Aeries sensor while meeting the stringent environmental and operational standards expected by OEMs and automotive customers.
Aeries II is the first sensor on the market to integrate Aeva’s exclusive LiDAR-on-chip technology. It integrates all key sensor components, including transmitters, receivers, and optics into silicon photonics in one compact module. This design does not use fiber optics, resulting in a highly automated manufacturing process that allows Aeva to scale its product deployment and reduce costs to meet the needs of automotive OEMs and other volume customers.
About Aeva Technologies, Inc. (NYSE: AEVA)
Aeva’s mission is to bring the next wave of insight to a wide range of applications, from automated driving to industrial robotics, consumer electronics, consumer health, safety and more. Aeva is transforming autonomy with its innovative sensing and perception technology that integrates all the key components of LiDAR on a silicon photonic chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instantaneous speed in addition to 3D position, enabling autonomous devices such as vehicles and robots to make smarter and safer decisions. For more information, visit www.aeva.com, or connect with us at Twitter or LinkedIn.
Aeva, the Aeva logo, 4D LiDAR, Aeries, Ultra Resolution, 4D Perception and 4D Localization are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are generally identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may”, “should”, “will”, “will”, “will”, “will continue”, “is likely to result” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include our beliefs regarding our financial position and operating performance for the second quarter of 2022 and business objectives for 2022, along with our expectations regarding our orders, commitments and potential commitments to third parties. . Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the ability of Aeva’s securities to continue trading on the New York Stock Exchange, ( ii) the price of Aeva’s securities, which may be volatile due to a variety of factors, including changes in the highly regulated and competitive industries in which Aeva plans to operate, variations in performance among competitors, changes in laws and regulations affecting Aeva’s business and changes in the combined capital structure, (iii) the ability to implement business plans, forecasts and other expectations and to identify and materialize additional opportunities, (iv) the risk of recessions and the possibility of rapid changes in the highly competitive industry in which Aeva operates, (v) the risk that Aeva and its current and future collaborators may not n successfully develop and market Aeva’s products or services, or experience significant delays in doing so, (vi) the risk that Aeva may never achieve or sustain profitability; (vii) the risk that Aeva may need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; (viii) the risk that Aeva experiences difficulties in managing its growth and expansion of operations, (ix) the risk that third-party suppliers and manufacturers may not fully and timely comply with their obligations, (x) the risk of product liability or lawsuits or proceedings related to Aeva products and services, (xi) the risk that Aeva may not secure or protect its intellectual property; and (xii) the effects of the current coronavirus pandemic (COVID-19) or other infectious diseases, health epidemics, pandemics and natural disasters on Aeva’s business. The above list of factors is not exhaustive. You should carefully consider the above factors, and for more information about material risks and other important factors that could affect our financial results, please see our filings with the SEC, including our Form 10-Q for the quarter ended June 30, 2022. These presentations identify and address other significant risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on any forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Aeva gives no assurance that it will meet your expectations.
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