Aeva 4D LiDAR chosen for Airbus taxiing tech demo

MOUNTAIN VIEW, Calif. - Aeva Technologies, Inc. (NASDAQ:AEVA), specializing in next-generation sensing and perception systems, has been selected by Airbus UpNext to supply its 4D LiDAR technology for the Optimate project, an initiative aimed at enhancing aircraft taxiing automation at airports. The company, currently valued at $1.01 billion, has shown remarkable market performance with a 442% return over the past year. According to InvestingPro data, Aeva maintains a strong financial position with more cash than debt on its balance sheet.

The Aeva 4D LiDAR technology, which stands out for its use of Frequency Modulated Continuous Wave (FMCW) sensing, can simultaneously measure precise distance and velocity for each point in a scene. This capability is a notable step forward from traditional LiDAR systems and is particularly useful in complex and dynamic environments such as airport runways and taxiways, with a high-resolution data range of up to 500 meters.

The Optimate project is currently testing several sensor technologies, including multiple Aeva 4D LIDAR units, on an Airbus A350-1000 flight test aircraft and an electric truck. These tests are taking place at Toulouse-Blagnac airport and will extend to a more complex international airport, totaling hundreds of hours of taxi operation.

Soroush Salehian, Co-founder and CEO of Aeva, expressed enthusiasm about the collaboration with Airbus, highlighting it as an opportunity to demonstrate the transformative potential of Aeva’s 4D LiDAR in the aviation industry.

Aeva’s mission encompasses broadening the application of its perception technology, which integrates key LiDAR components onto a silicon photonics chip within a compact module. The technology not only detects 3D position but also instant velocity, which is critical for autonomous devices such as vehicles and robots to make informed and safe decisions.

This announcement contains forward-looking statements regarding product features, performance, and the ongoing relationship with Airbus UpNext. While InvestingPro analysis shows impressive revenue growth of 95.9% in the last twelve months, and analysts anticipate continued sales growth, investors should note that Aeva is in the early stages of development and faces risks such as a history of operating losses and limited operating history, which may impact the realization of these forward-looking statements. For deeper insights into Aeva’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

The information for this article is based on a press release statement from Aeva Technologies, Inc. With the stock trading near its 52-week high of $18.74, investors seeking detailed analysis can access over 15 additional ProTips and comprehensive financial metrics through InvestingPro, including exclusive Fair Value calculations and growth projections.

In other recent news, Aeva Technologies Inc. reported its first quarter 2025 financial results, highlighting a record product revenue of $3.4 million. The company also managed to reduce its non-GAAP operating loss by 19% year-over-year, indicating effective cost management. Aeva is projecting ambitious revenue growth of 80-100% for the full year 2025, driven by strategic partnerships and product launches. Canaccord Genuity raised Aeva’s stock price target from $9.50 to $16.00, maintaining a Buy rating, citing increased confidence in the company’s revenue growth prospects. This optimism is attributed to Aeva’s strategic collaborations and market penetration in industrial and automotive sectors.

The company has entered a strategic collaboration with a global Fortune 500 technology subsidiary, which plans to invest up to $50 million in Aeva. This partnership is expected to expand Aeva’s market reach and enhance its manufacturing capabilities. Aeva has also launched the EVE ONE sensor line, which is anticipated to be a breakthrough in the $4 billion laser displacement sensor market. The company has secured multiple industry-leading customers and plans to ramp up manufacturing to meet the growing demand. These developments underscore Aeva’s focus on strategic growth and innovation as it navigates the competitive landscape of industrial and automotive technology markets.

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