Certification as NVIDIA DRIVE AGX Partner
AEye was certified as an NVIDIA DRIVE AGX partner, potentially unlocking new OEM engagements and creating a powerful channel to expand presence across the automotive market.
Significant OEM Contract Opportunity
A top global transportation OEM chose Apollo for a critical autonomous safety program, providing AEye with a potential $30 million opportunity, expected to contribute to revenue this year.
Launch of OPTIS Platform
AEye launched OPTIS, a next-generation platform that has already been deployed to multiple customers, highlighting its adaptability and AI-driven analytics.
Exponential Growth in Sales Funnel
The company's sales funnel has grown significantly, leading to 30 new potentially high-value customer engagements and six new revenue-generating contracts.
Tripling of Cash Reserves
AEye more than tripled its cash reserves post-quarter, extending its cash runway into 2027.