Major European Passenger OEM Selects Aeva for Automated Vehicle Validation Program
08 Outubro 2024 - 8:00AM
Business Wire
Aeva’s 4D LiDAR Technology with Instant
Velocity Data to be Used as “Gold Standard” to Validate
Next-generation Vehicle Automation Systems
Aeva® (NYSE: AEVA), a leader in next-generation sensing and
perception systems, today announced that a major European passenger
vehicle OEM, together with a simulation and validation technology
leader, will use Aeva’s 4D LiDAR technology in its automated
vehicle development program. Aeva’s Aeries™ II sensors will gather
ground truth data, considered to be the “gold standard” in
environmental modeling, to provide the OEM with accurate data to
validate its next-generation vehicle automation systems. This new
validation program points to the growing interest for adoption of
Aeva’s FMCW technology and is in addition to Aeva’s other ongoing
automotive opportunities including previously disclosed production
RFQs with Global Top 10 Passenger OEMs.
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Aeva’s unique FMCW technology is being incorporated into the
OEM’s vehicle automation projects in collaboration with a leading
simulation and validation technology provider. For the validation
program, vehicles equipped with Aeva 4D LiDAR™ sensors will gather
precise data of the environment around the vehicle. The data will
serve as the benchmark for validating its next-generation vehicle
automation systems including sensing, perception, decision-making,
and control systems.
“As automation advances across consumer vehicle manufacturers,
we are seeing increased interest in next-generation sensor
technology like Aeva 4D LiDAR due to its ability to natively
provide an additional dimension of instant velocity data that is
missing in conventional LiDAR sensors,” said James Byun, Managing
Director of Business Development at Aeva. “This OEM’s adoption of
Aeva 4D LiDAR for their validation project is another datapoint
demonstrating the industry’s transition toward FMCW-based sensing
and shows the OEM’s commitment to using advanced sensor and
perception technologies as they develop their next-generation of
automated vehicles. We look forward to supporting them to bring
safe automated vehicles to the market.”
Aeva 4D LiDAR sensors can simultaneously detect precise range
and velocity at long ranges. Leveraging the instant velocity
channel, point cloud data from Aeva’s sensors can be easily
separated into static and dynamic scenes. This separation helps the
automated driving system quickly identify and distinguish static
objects like drivable road boundaries, lane markings, and road
signs from dynamic objects like moving vehicles, especially those
that are smaller, such as pedestrians or motorcyclists.
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. 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
features and performance of our products, ongoing and future
development projects, ongoing and future RFQs, including timing,
and industry adoption of FMCW technologies. 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 fact that Aeva is an early stage company
with a history of operating losses and may never achieve
profitability, (ii) Aeva’s limited operating history, (iii) the
ability to implement business plans, forecasts, and other
expectations and to identify and realize additional opportunities,
(iv) the ability for Aeva to have its products selected for
inclusion in OEM products, (v) the fact that decisions with respect
to RFQs are inherently uncertain, and that awarded RFQs may never
result in material future revenues, (vi) the fact that development
projects nay never achieve commercial production or otherwise
result in substantial revenues, and (vii) other material risks and
other important factors that could affect our financial results,
which are further described in the documents we file with the SEC.
Please refer to our filings with the SEC, including our most recent
Form 10-Q and Form 10-K. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241008833308/en/
Media: Michael Oldenburg press@aeva.ai
Investors: Andrew Fung investors@aeva.ai
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