Revenue OpportunitiesAeva is in late-stage contract negotiations for a production award with a 'global top 10 OEM' program, potentially exceeding $1 billion in revenue.
Strategic PartnershipsAeva has been chosen as the exclusive LiDAR supplier by a leading European passenger car manufacturer for its global production vehicle platform, supporting Level 3 automated driving.
Technological AdvancementAeva's selection marks the first deployment of FMCW LiDAR in a passenger vehicle, challenging the belief that auto OEMs are moving away from LiDAR technology.