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Investing.com -- AEye, Inc. (NASDAQ:LIDR) stock surged 20% after the company announced the launch of OPTIS, a comprehensive physical AI solution designed for smart transportation, safety, and security applications.
The new full-stack lidar solution integrates AEye’s long-range Apollo lidar technology with NVIDIA (NASDAQ:NVDA)’s Jetson Orin computing platform. OPTIS can detect objects up to one kilometer away and is designed to deliver high-resolution 3D perception with real-time interpretation capabilities.
"OPTIS enables AEye and our partners to deliver tailored solutions that address critical challenges, whether it’s navigating autonomous vehicles around obstacles, ensuring traffic safety by managing right-of-way traffic flow, or identifying objects on the tracks to enhance next-generation rail safety," said Matt Fisch, CEO of AEye.
The company stated that OPTIS is already being deployed in various applications including airport safety, perimeter monitoring, and transportation logistics. According to AEye, the system targets an estimated addressable market of over $50 billion.
AEye plans to showcase OPTIS at the upcoming ITS World Congress in Atlanta, scheduled for August 24-28, 2025. The software-defined architecture of the system is designed to allow for faster updates, lower total cost of ownership, and easier integration compared to traditional hardware-based solutions.
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