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Investing.com -- AEye Inc (NASDAQ:LIDR) stock jumped 8.8% premarket Monday following the announcement of a strategic partnership with Blue-Band LLC to enhance intelligent traffic systems.
The collaboration will integrate AEye’s Apollo lidar technology with Blue-Band’s Integrator-AI™ platform as part of AEye’s recently unveiled OPTIS™ initiative. The combined solution leverages AEye’s long-range Apollo lidar, which can detect objects up to one kilometer away, with Blue-Band’s AI-powered orchestration platform.
This partnership builds on AEye’s July 2025 launch of OPTIS™, a comprehensive autonomous system that delivers high-resolution 3D perception and real-time responsiveness. The integrated technology aims to provide real-time insights for transportation and smart infrastructure applications.
"OPTIS™ was built to turn perception into action," said Matt Fisch, CEO of AEye. "By integrating Blue-Band’s AI platform, we’re extending OPTIS’™ capability to interface directly with traffic control systems, providing real time analytics to enable lifesaving and congestion-reducing actions at traffic intersections."
The companies plan to initially focus on deploying integrated solutions for traffic monitoring, incident detection, and infrastructure intelligence, with a shared vision of creating safer and smarter cities.
Kevin Yorke, CEO of Blue-Band, noted that the partnership "brings the power of long-range lidar to our platform, enhancing our ability to provide intelligent, scalable solutions for traffic management and urban mobility."
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