AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive,
high-performance lidar solutions, announced that it will showcase
its ultra-long range, small form factor Apollo lidar sensor at CES
2025 in Las Vegas from January 7 to 10. Apollo’s unparalleled
performance can be seen both on the showroom floor and in-vehicle
demos.
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the full release here:
https://www.businesswire.com/news/home/20241217914400/en/
AEye's ultra-long range Apollo 4Sight™
Flex (Photo: Business Wire)
The Apollo sensor recently set a new performance bar in the
lidar market when it was shown to detect objects at distances of up
to one kilometer. This accomplishment, along with having what is
believed to be the smallest form factor in the lidar industry,
makes Apollo a standout in the growing lidar market.
Matt Fisch, AEye CEO, said, “Collecting high-resolution data
over long distances is critical for advancing safety and security
in automotive applications. Our Apollo lidar solution, when
combined with AI-powered decision-making, offers a powerful
alternative or enhancement to conventional camera-based imaging
technologies. AI systems need high-resolution data across a wide
field of view to quickly identify and react to objects and threats
from afar, which is especially vital for ensuring vehicle safety at
high speeds. Because of this, we expect Apollo will play a critical
role in the future of automotive safety.”
Apollo demos will be available at booth #42227 and in-vehicle to
showcase our windshield integration. Those interested in seeing a
live Apollo demo should contact us at ces@aeye.ai.
About Apollo
Apollo is the first product in AEye’s 4Sight™ Flex
next-generation family of lidar sensors and delivers best-in-class
range and resolution in a small, power-efficient, low-cost form
factor for both automotive and non-automotive applications.
Apollo’s design supports integration behind the windshield, on the
roof, or in the grille, which enables OEMs to implement critical
safety features with minimal impact to vehicle design. Apollo is
believed to be the only 1550nm high-performance lidar capable of
behind the windshield integration.
About AEye
AEye’s unique software-defined lidar solution enables advanced
driver-assistance, vehicle autonomy, smart infrastructure, and
logistics applications that save lives and propel the future of
transportation and mobility. AEye’s 4Sight™ Intelligent Sensing
Platform, with its adaptive sensor-based operating system, focuses
on what matters most: delivering faster, more accurate, and
reliable information. AEye’s 4Sight™ products, built on this
platform, are ideal for dynamic applications which require precise
measurement imaging to ensure safety and performance.
Forward-Looking Statements
Certain statements included in this press release that are not
historical facts are forward-looking statements within the meaning
of the federal securities laws, including the safe harbor
provisions under the United States Private Securities Litigation
Reform Act of 1995. Forward-looking statements are sometimes
accompanied by words such as “believe,” “continue,” “project,”
“expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “predict,” “plan,” “may,” “should,” “will,” “would,”
“potential,” “seem,” “seek,” “outlook,” and similar expressions
that predict or indicate future events or trends, or that are not
statements of historical matters. 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 included in this press release include statements about
the performance of AEye’s Apollo lidar sensor and the market need
for lidar sensors with Apollo’s demonstrated performance, among
others. These statements are based on various assumptions, whether
or not identified in this press release. These forward-looking
statements are provided for illustrative purposes only and are not
intended to serve as and must not be relied on by an investor as a
guarantee, an assurance, a prediction, or a definitive statement of
fact or probability. Actual events and circumstances are very
difficult or impossible to predict and will differ from the
assumptions. Many actual events and circumstances are beyond the
control of AEye. Many factors could cause actual future events to
differ from the forward-looking statements in this press release,
including but not limited to: (i) the risks that the ability to
detect objects at distance of up to one kilometer and the smallest
form factor in the lidar industry, may not make Apollo a standout
in the growing lidar market to the extent anticipated, or at all;
(ii) the risks that the lidar market may not continue to grow to
the extent anticipated, or at all; (iii) the risks that the
collection of high-resolution data over long distances may not be
as critical to advancing safety and security in automotive
applications to the extent anticipated, or at all; (iv) the risks
that the Apollo lidar solution, when combined with AI-powered
decision-making, may not offer a powerful alternative or
enhancement to conventional camera-based imaging technologies to
the extent anticipated, or at all; (v) the risks that the need for
high-resolution data for AI systems may be effectively created by
systems other than lidar; (vi) the risks that Apollo may not play a
critical role in the future of automotive safety to the extent
anticipated, or at all; (vii) the risks that competitors in the
lidar industry may have already, or may soon, exceed Apollo’s
performance, at over one kilometer; (viii) the risks that despite
Apollo having a small form factor, it may require OEMs to
compromise some or all of their design standards; (ix) the risks
that high-resolution data collection at long distances may not be
essential for enhancing automotive safety to the extent
anticipated, or at all; (x) the risks that AI-based decision-making
systems may not be significantly enhanced by long-range
high-resolution data to the extent anticipated, or at all; (xi) the
risks that lidar adoption may occur slower than anticipated or fail
to occur at all; (xii) the risks that AEye’s products may not meet
the diverse range of performance and functional requirements of
target markets and customers; (xiii) the risks that AEye’s products
may not function as anticipated by AEye, or by target markets and
customers; (xiv) the risks that AEye may not be in a position to
adequately or timely address either the near or long-term
opportunities that may or may not exist in the evolving autonomous
transportation industry; (xv) the risks that laws and regulations
are adopted impacting the use of lidar that AEye is unable to
comply with, in whole or in part; (xvi) the risks associated with
changes in competitive and regulated industries in which AEye
operates, variations in operating performance across competitors,
and changes in laws and regulations affecting AEye’s business;
(xvii) the risks that AEye is unable to adequately implement its
business plans, forecasts, and other expectations, and identify and
realize additional opportunities; and (xviii) the risks of economic
downturns and a changing regulatory landscape in the highly
competitive and evolving industry in which AEye operates. These
risks and uncertainties may be amplified by current or future
global conflicts and the lingering effects of the COVID-19
pandemic, which continues to cause economic uncertainty. The
foregoing list of factors is not exhaustive. You should carefully
consider the foregoing factors, and the other risks and
uncertainties described in the “Risk Factors” section of the
periodic report that AEye has most recently filed with the U.S.
Securities and Exchange Commission, or the SEC, and other documents
filed by us or that will be filed by us from time to time with the
SEC. 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; AEye 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. AEye gives no assurance that AEye will achieve any of
its expectations.
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Investor Relations Contacts
Agency Contact Financial Profiles, Inc. Evan Niu, CFA
eniu@finprofiles.com 310-622-8243
Company Contact AEye, Inc. Investor Relations
info@aeye.ai 925-400-4366
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