Aeva Technologies is a technology company specializing in developing 4D LiDAR sensors and perception systems for autonomous navigation. Their LiDAR technology detects instant velocity in addition to 3D position. Aeva's 4D LiDAR is being utilized by NASA for lunar mapping and navigation in the Artemis program and has partnered with companies like The Indoor Lab to enhance safety and efficiency at airports. The company's key products include Aeries II and Atlas, and they have secured contracts with partners like Daimler Truck.
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Aeva and Plus have collaborated since 2019 to equip and validate Plus’s autonomous trucking solutions with Aeva’s Frequency Modulated Continuous Wave 4D LiDAR.
Aeva and Plus established a partnership in 2021 in which Plus will use Aeva’s 4D LiDAR sensors to augment the long-range perception system in Plus’s automated driving products.
Aeva’s Ultra Resolution provides a real-time camera-level image with up to 20 times the resolution of 3D LiDAR sensors.
Aeva’s FMCW 4D LiDAR delivers an Ultra Resolution real-time camera-level image providing up to 20 times the resolution of legacy time-of-flight LiDAR sensors.
Aeva unveiled Aeries II, a 4D LiDAR sensor built with automotive-grade reliability for automotive and industrial applications.
Aeva has partnered with TuSimple to deliver lidar sensors for TuSimple's self-driving heavy-duty trucks.
Aeva has been testing its sensor with TuSimple since 2019.
Aeva Inc builds a lidar unit that provides vehicles with a three-dimensional view of the road.
Aeva and DENSO intend to work with global OEMs to implement automated driving across vehicle programs at scale.
DENSO will collaborate with Aeva to further develop FMCW LiDAR and bring it to the mass market for vehicle applications.
Aeva announced in fall 2020 that it was merging with special purpose acquisition company InterPrivate Acquisition Corp. with a post-deal market valuation of $2,100,000,000.
The Sylebra investment is expected to help pave the way for completion of the Aeva–InterPrivate business combination in 2021-01-01.
Aeva announced a partnership with Audi’s Autonomous Intelligent Driving entity in 2019.
Aeva is described as the first company to provide a perception platform built from the ground up on Silicon Photonics for mass-scale application in automotive, consumer electronics, and other sectors.
The transaction cash proceeds will include the issuance of approximately $1,700,000,000 of new common stock of InterPrivate to current stockholders of Aeva, subject to customary adjustments.