Aeva Technologies, Inc. ( (AEVA) ) has released its Q3 earnings. Here is a breakdown of the information Aeva Technologies, Inc. presented to its investors.
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Aeva Technologies, Inc. is a company specializing in next-generation sensing and perception systems, primarily focusing on the automotive industry with its innovative 4D LiDAR technology. The company recently announced its third quarter 2025 results, highlighting significant progress in its development programs and strategic partnerships. Aeva successfully completed a joint development program with a top global passenger OEM and is in late-stage contract negotiations for a large-scale production award. The company also expanded its manufacturing automation product line and received initial sensor orders, marking a step forward in its commercial endeavors. Financially, Aeva reported a revenue increase to $3.6 million in Q3 2025, up from $2.3 million in the same period last year. The company also managed to reduce its GAAP operating loss to $33.2 million from $37.9 million in Q3 2024. Additionally, Aeva secured a $100 million investment from Apollo Global Management to bolster its balance sheet and accelerate commercial momentum. Looking ahead, Aeva is poised to continue its growth trajectory, leveraging its unique technology and strategic partnerships to expand its market presence and drive further innovation in the autonomous vehicle sector.