MOUNTAIN VIEW, Calif., September 02, 2022–(BUSINESS WIRE)–Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced it will showcase its 4D LiDAR™ technology for the automotive industry and beyond at the 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 in the San Jose Convention Center.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220902005080/en/
(Photo: Business Wire)
Visitors to Aeva’s booth will be able to experience a live demo of Aeries II and learn about the company’s next-generation sensing and perception technology for a range of automotive applications including Advanced Driver Assistance Systems (ADAS) and autonomous vehicles. Aeva will be providing demo drives for attendees to experience 4D LiDAR in real-time and on the road showcasing the unique benefits of Aeva’s technology including instant velocity detection, long range object detection, and Ultra Resolution™, a camera-level image with up to 20 times the resolution of legacy time of flight LiDAR sensors. Demo drive availability is limited. Please email press@aeva.ai to reserve an appointment.
Aeries II delivers breakthrough sensing and perception performance using Aeva’s Frequency Modulated Continuous Wave (FMCW) technology to directly detect the instant velocity of each point, with centimeter per second precision, in addition to precise 3D position at long range. Its compact design is 75% smaller than the previous generation Aeries sensor while achieving the strict environmental and operational standards expected by OEMs and automotive customers.
Aeries II is the first sensor on the market to integrate Aeva’s unique LiDAR-on-chip technology. It integrates all key sensor components including transmitters, receivers and optics onto silicon photonics in a compact module. This design uses no fiber optics, resulting in a highly automated manufacturing process that allows Aeva to scale deployment of its products and lower 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 perception to a broad range of applications from automated driving to industrial robotics, consumer electronics, consumer health, security and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on 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 generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely 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 with respect to our orders, engagements and potential engagements with 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 to maintain the listing of Aeva’s securities 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 competitive and highly regulated industries in which Aeva plans to operate, variations in performance across 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 realize additional opportunities, (iv) the risk of downturns and the possibility of rapid change in the highly competitive industry in which Aeva operates, (v) the risk that Aeva and its current and future collaborators are unable to successfully develop and commercialize 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 will 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 expanding operations, (ix) the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations, (x) the risk of product liability or regulatory lawsuits or proceedings relating to Aeva’s products and services, (xi) the risk that Aeva is unable to secure or protect its intellectual property; and (xii) the effects of the ongoing coronavirus (COVID-19) pandemic or other infectious diseases, health epidemics, pandemics and natural disasters on Aeva’s business. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors, and for a further discussion of the material risks and other important factors that could affect our financial results, please refer to our filings with the SEC, including our Form 10-Q for the quarter ended June 30, 2022. These filings identify and address other important 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 put undue reliance on 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 does not give any assurance that it will achieve its expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220902005080/en/
Contacts
Media:
Michael Oldenburg
press@aeva.ai
Investors:
Andrew Fung
investors@aeva.ai
Related Quotes
Advanced Energy (AEIS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
With pandemic stimulus programs now in the rear-view mirror, inflation running high, and savings on the decline, it's not a huge surprise to hear that Affirm has seen delinquencies rise over the past year. Affirm's delinquencies moved even higher in July and August, although they were still below levels seen in its fiscal 2019 at that point in the year. Its delinquencies are rising, charge-offs are way up, many think the U.S. economy is headed for choppier waters in the near term, and yet Affirm is reducing its allowance for loan losses.
American Financial (AFG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Follow Buffett’s lead. And collect big dividends too.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Relatively few advisers are focusing on this outcome — at least among the more than 100 I regularly monitor.
Perhaps not: One fund manager that successfully navigated the past two major stock crashes is bracing for an awful end to the year because it fears the Federal Reserve’s quiet exit from bonds. London-based Ruffer LLP is concerned that the accelerating runoff of the Fed’s Treasury holdings will suck liquidity out of the markets—just as rising rates and falling stock and bond prices increase the need for cash to smooth the drop. “It puts a pincer on equities and bonds at the same time,” said investment director at Ruffer.
Cathie Wood's ARK Invest cut its stake in Nvidia ahead of the graphic chipmaker's results last month. Now it's snapped up the stock which has dropped to a 52-week low.
Orchid Island Capital Corp. (NYSE: ORC) is a finance company that acquires, invests in and offers financing from U.S. residential mortgage-backed securities (MBS). The Florida mortgage real estate investment trust (REIT) initiated an IPO in March 2013 at a price of $14.50. Its monthly dividend of $0.135 returned an approximate annual yield of 11%. However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times. Orchid’s price had recently be
These fast-paced companies are in a league of their own and begging to be bought following a 34% peak decline in the Nasdaq Composite.
Shat should investors do now if they are considering making a bet on the infamously volatile sector.
Chinese stocks have come under pressure for various reasons over the past year and a half or so; a slowing economy has been one cause while domestic tussles with the regulators haven’t helped either, particularly for those in the tech sector. Another element keeping sentiment low and impacting performance has been the fear of de-listing for U.S.-listed Chinese stocks. This is on account of Chinese companies not meeting U.S. auditing standards. But the prospects of de-listing might be less likely
In this article, we will take a look at the 10 tech stocks recently downgraded by analysts. If you want to see some other tech stocks receiving updated recommendations from analysts, go directly to Analysts are Downgrading These 5 Tech Stocks. Notable stocks from the tech sector, including HP Inc. (NYSE:HPQ), NVIDIA Corporation (NASDAQ:NVDA) and […]
For many years, dividend stocks were one of the few places where investors could find decent yields in a world of ultralow rates. A 10-year Treasury bond was dealing out an emaciated 1.3% a year ago, less than half the 3% yield in dividend-rich sectors like utilities. “There’s a lot more income today than there was at the start of the year,” says Kelsey Berro, a portfolio manager at J.P. Morgan Asset Management.
The S&P 500 is down nearly 18% since January, but BofA sees more room for a drop.
In this article, we will discuss some of the best stocks to buy according to Dave Smith, Chief Investment Officer at investment management company Rockland Trust. If you want to explore similar stocks, you can also look at Long-Term Analyst: Buy These 5 Stocks. David Smith has been in the financial services industry for over […]
The stock plummeted after the U.S. government imposed new licensing requirements for advanced chip sales. Jefferies believes the contraction presents a buying opportunity.
Electric vehicle (EV) charging network company ChargePoint Holdings (NYSE: CHPT) gave investors a mixed fiscal 2023 second-quarter earnings report earlier this week. ChargePoint exceeded the high end of its prior guidance for revenue. The company had told investors to expect revenue of between $96 million and $106 million for the period, and it achieved $108.3 million in sales.
Dan Niles, a money manager who has been bearish on the stock market, is even more pessimistic now. But he does see some opportunities, including in shares of Walmart and Amazon.com.
Investors initially cheered the payrolls report, but then the market sold off on fears of big rate hikes. Is it time to worry about quantitative tightening?
Finding the right stock is the key to successful investing, but it’s never as easy as that sounds. The answer to the question, which stock to buy? is no secret, but it is hidden, in the avalanche of data that the markets produce. What’s needed is some clear signal that will cut through the noise and indicate the right stocks for the times. The quantity of data, and the sheer impossibility of parsing all of it in real time, makes a formidable barrier to successful stock picking – but Wall Street’
Author Profile
Latest entries
राशीफल2024.04.26Aaj Ka Rashifal 26 April 2024: आज का दिन इन 7 राशियों के लिए बेहद खास, पढ़ें मेष से मीन तक का राशिफल – प्रभात खबर – Prabhat Khabar
लाइफस्टाइल2024.04.26लाइफस्टाइल में लाएं ये 5 स्मार्ट बदलाव, जिंदगी हो जाएगी गुलजार, बरसने लगेगा धन-हेल्दी होगा मन – News18 हिंदी
विश्व2024.04.26Israel Hamas War: हो सकता है तीसरा विश्व युद्ध, इजरायल-हमास जंग के बीच आखिर किसने दी चेतावनी? – Hindustan
राशीफल2024.04.25Aaj Ka Rashifal: कर्क और कन्या राशि वालों को कार्यक्षेत्र में मिल सकती है तरक्की, पढ़ें दैनिक राशिफल – अमर उजाला
