Aeva Expands Collaboration with SICK to Precision Sensing for Factory Automation Applications
Aeva has expanded its strategic collaboration with SICK, a leading supplier of sensor-based industrial solutions. The partnership focuses on incorporating Aeva's FMCW technology into SICK's high-accuracy contactless sensors for industrial applications. Initial deliveries are expected to begin in 1H 2025.
Aeva will provide its CoreVision™ sensing module and digital signal processing algorithms, enabling micron-accurate distance sensing and precise velocity detection. The technology works effectively across various surfaces, materials, and lighting conditions, targeting manufacturing automation and industrial processes.
Aeva ha ampliato la sua collaborazione strategica con SICK, un fornitore leader di soluzioni industriali basate su sensori. La partnership si concentra sull'integrazione della tecnologia FMCW di Aeva nei sensori senza contatto ad alta precisione di SICK per applicazioni industriali. Le prime consegne sono previste per la prima metà del 2025.
Aeva fornirà il suo module di sensing CoreVision™ e algoritmi di elaborazione dei segnali digitali, che consentono misurazioni di distanza con precisione micron e rilevamento preciso della velocità. La tecnologia funziona efficacemente su diverse superfici, materiali e condizioni di illuminazione, mirata all'automazione della produzione e ai processi industriali.
Aeva ha expandido su colaboración estratégica con SICK, un proveedor líder de soluciones industriales basadas en sensores. La asociación se centra en incorporar la tecnología FMCW de Aeva en los sensores sin contacto de alta precisión de SICK para aplicaciones industriales. Se espera que las primeras entregas comiencen en la primera mitad de 2025.
Aeva proporcionará su Módulo de sensor CoreVision™ y algoritmos de procesamiento de señales digitales, permitiendo la detección de distancia con precisión de micrones y detección precisa de velocidad. La tecnología funciona de manera efectiva en diversas superficies, materiales y condiciones de iluminación, enfocándose en la automatización de la fabricación y los procesos industriales.
Aeva는 센서 기반 산업 솔루션의 선도 공급업체인 SICK과의 전략적 협력을 확대했습니다. 이 파트너십은 Aeva의 FMCW 기술을 SICK의 고정밀 비접촉 센서에 통합하는 데 초점을 맞추고 있습니다. 초기 배송은 2025년 상반기에 시작될 예정입니다.
Aeva는 마이크론 정확도로 거리 센싱과 정밀 속도 감지를 가능하게 하는 CoreVision™ 감지 모듈과 디지털 신호 처리 알고리즘을 제공합니다. 이 기술은 다양한 표면, 재료 및 조명 조건에서 효과적으로 작동하며, 제조 자동화 및 산업 프로세스를 목표로 합니다.
Aeva a élargi sa collaboration stratégique avec SICK, un fournisseur leader de solutions industrielles basées sur des capteurs. Ce partenariat se concentre sur l'intégration de la technologie FMCW d'Aeva dans les capteurs sans contact à haute précision de SICK pour des applications industrielles. Les premières livraisons sont attendues pour le premier semestre 2025.
Aeva fournira son module de détection CoreVision™ et des algorithmes de traitement du signal numérique, permettant une détection de distance précise au micron et une détection de vitesse précise. La technologie fonctionne efficacement sur diverses surfaces, matériaux et conditions d'éclairage, visant l'automatisation de la fabrication et les processus industriels.
Aeva hat ihre strategische Zusammenarbeit mit SICK, einem führenden Anbieter von sensorbasierten Industrielösungen, ausgeweitet. Die Partnerschaft konzentriert sich darauf, die FMCW-Technologie von Aeva in die hochpräzisen Kontaktlos-Sensoren von SICK für industrielle Anwendungen zu integrieren. Die ersten Lieferungen werden für die erste Hälfte des Jahres 2025 erwartet.
Aeva wird sein CoreVision™-Sensormodul und Algorithmen zur digitalen Signalverarbeitung bereitstellen, die mikron-genaues Abstandsmessen und präzise Geschwindigkeitsmessungen ermöglichen. Die Technologie funktioniert effektiv auf verschiedenen Oberflächen, Materialien und unter unterschiedlichen Lichtbedingungen und richtet sich an die Automatisierung der Fertigung sowie an industrielle Prozesse.
- Strategic expansion with SICK, a leading global industrial sensor provider
- Initial product deliveries scheduled for first half of 2025
- Technology validation from major industry player
- Entry into multi-billion dollar precision sensing market
- Revenue impact not expected until 2025
- No specific financial terms or order volumes disclosed
Insights
The expanded collaboration between Aeva and SICK represents a significant strategic development in the industrial automation sector. Aeva's FMCW (Frequency Modulated Continuous Wave) technology offers micron-level precision in distance sensing and velocity detection, which is important for high-precision manufacturing processes. The partnership with SICK, a major player in industrial sensor solutions, provides Aeva with access to an established global distribution network and customer base.
The timing of initial deliveries starting in 1H 2025 suggests a clear commercialization pathway. This could potentially generate meaningful revenue streams for Aeva, particularly given SICK's strong market presence in factory automation. The technology's ability to work across various surfaces and lighting conditions addresses key industrial requirements, potentially opening up multiple application verticals within the multi-billion dollar precision sensing market.
Aeva’s FMCW Technology to Power SICK’s Portfolio of High-Performance Sensors for Manufacturing Automation Applications, with Initial Aeva Deliveries Expected Starting 1H 2025
(Graphic: Business Wire)
“We have been working closely with Aeva for several years and are pleased to see their FMCW technology mature for industrial sensing applications,” said Dr. Simon Brugger, Senior Vice President Research & Development at SICK. “With its micron-accurate distance sensing at large stand-off distances and precise velocity detection capabilities, Aeva’s core technology provides great potential for opportunities to serve our customers in a variety of industrial applications where precision contactless sensing is core to their manufacturing automation and industrial processes.”
SICK is a leading global provider of sensor-based solutions in industrial applications for factory, logistics and process automation technology with a high market presence globally. Under the collaboration, Aeva plans to provide its unique FMCW technology to SICK, including its Aeva CoreVision™ sensing module along with digital signal processing algorithms tuned for micrometer-precision detection at long standoff distances, as well as micrometer per second velocity measurements. Using Aeva’s FMCW technology, SICK sensors will provide precise contactless measurements on a variety of surfaces at flexible short to long stand-off distances, regardless of its material, texture or color, and can be used across a wide variety of lighting conditions.
“Every day many of the world’s leading manufacturers and industrial companies rely on sensors from SICK to automate their factory production processes and ensure their products meet strict quality standards,” said Mina Rezk, Co-founder and CTO at Aeva. “This selection by SICK is a validation of the industry-leading capabilities, versatility, and the economies of scale for our FMCW technology. We are excited about the expansion of our collaboration and the potential for disrupting the multi-billion dollar precision sensing market together.”
About SICK AG
SICK is one of the world’s leading solutions providers for sensor-based applications in the industrial sector. Founded in 1946 by Dr.-Ing. e. h. Erwin Sick, the company with headquarters in Waldkirch im Breisgau near Freiburg ranks among the technological market leaders. With 60 subsidiaries and equity investments as well as numerous agencies, SICK maintains a presence around the globe. SICK has more than 12,000 employees worldwide and generated a group revenue of
About Aeva Technologies, Inc. (NYSE: AEVA)
Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, security, consumer technology and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.
Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.
Forward looking statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements include, but are not limited to expectations about our and SICK’s product features and performance and our relationship with SICK. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history, (iii) manufacturing issues or defects that may impact future performance of the products, (iv) the fact that we have entered an initial partnership agreement with SICK and have not yet concluded a supply agreement, and ability for SICK to market and sell products incorporating our products to end customers and (v) other material risks and other important factors that could affect our financial results. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Aeva does not give any assurance that it will achieve its expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241202966224/en/
Media:
Michael Oldenburg
press@aeva.ai
Investors:
Andrew Fung
investors@aeva.ai
Source: Aeva Technologies, Inc.
FAQ
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