Aeva (AEVA) announced the first orders for its Aeva Eve 1 line of high-precision sensors for high-volume and inline industrial automation applications. Since recently announcing the product line, Aeva has received its first purchase orders for more than 1,000 sensors through collaborations with industry leaders including SICK AG and LMI Technologies. These early engagements reflect Aeva’s successful expansion into the growing factory and process automation markets, beyond automotive 4D LiDAR technology.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AEVA:
- Aeva Technologies Appoints Daniel Gibson as Director
- CarMax, eXp, Quantum, Williams-Sonoma, Aeva: Stock Moves Unveiled
- Aeva price target raised to $9 from $6 at Oppenheimer
- Insider Moves: Humacyte, Aeva, Copart, Transdigm, Rockwell
- Aeva Technologies initiated with a Buy at Canaccord on robotics opportunity