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Aeva Selected by Sensys Gatso in Australia for Secondary Speed Verification Solution

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Aeva (Nasdaq: AEVA) has been chosen as the exclusive LiDAR supplier by Sensys Gatso Australia for secondary speed detection in their new mobile speed enforcement products. The collaboration integrates Aeva Atlas™ 4D LiDAR technology into Sensys Gatso's portable speed enforcement solutions, providing a multi-modal approach to improve road safety at high-risk locations across Australia.

The system combines Sensys Gatso's core radar detection technology with Aeva's LiDAR capabilities for independent secondary speed verification. This partnership represents Aeva's expansion in the industrial market, specifically tailored to meet local Australian customer requirements for enhanced speed detection systems.

Aeva (Nasdaq: AEVA) è stata scelta come fornitore esclusivo di LiDAR da Sensys Gatso Australia per la rilevazione secondaria della velocità nei loro nuovi prodotti mobili per l'applicazione delle norme sulla velocità. La collaborazione integra la tecnologia Aeva Atlas™ 4D LiDAR nelle soluzioni portatili di enforcement della velocità di Sensys Gatso, offrendo un approccio multimodale per migliorare la sicurezza stradale in luoghi ad alto rischio in tutta l'Australia.

Il sistema combina la tecnologia radar di rilevamento fondamentale di Sensys Gatso con le capacità LiDAR di Aeva per una verifica secondaria indipendente della velocità. Questa partnership rappresenta l'espansione di Aeva nel mercato industriale, specificamente progettata per soddisfare le esigenze locali dei clienti australiani per sistemi di rilevazione della velocità migliorati.

Aeva (Nasdaq: AEVA) ha sido elegida como el proveedor exclusivo de LiDAR por Sensys Gatso Australia para la detección secundaria de velocidad en sus nuevos productos móviles de control de velocidad. La colaboración integra la tecnología Aeva Atlas™ 4D LiDAR en las soluciones portátiles de control de velocidad de Sensys Gatso, proporcionando un enfoque multimodal para mejorar la seguridad vial en ubicaciones de alto riesgo en toda Australia.

El sistema combina la tecnología de detección radar básica de Sensys Gatso con las capacidades LiDAR de Aeva para una verificación secundaria independiente de la velocidad. Esta asociación representa la expansión de Aeva en el mercado industrial, diseñada específicamente para satisfacer los requisitos locales de los clientes australianos para sistemas de detección de velocidad mejorados.

Aeva (Nasdaq: AEVA)는 Sensys Gatso Australia에 의해 새로운 모바일 속도 단속 제품의 이차 속도 감지를 위한 독점 LiDAR 공급업체로 선택되었습니다. 이 협력은 Aeva Atlas™ 4D LiDAR 기술을 Sensys Gatso의 휴대용 속도 단속 솔루션에 통합하여 호주 전역의 고위험 지역에서 도로 안전을 향상시키기 위한 다중 모드 접근 방식을 제공합니다.

이 시스템은 Sensys Gatso의 핵심 레이더 감지 기술과 Aeva의 LiDAR 기능을 결합하여 독립적인 이차 속도 검증을 제공합니다. 이 파트너십은 Aeva의 산업 시장 확장을 나타내며, 호주 고객의 향상된 속도 감지 시스템에 대한 요구를 충족하도록 특별히 설계되었습니다.

Aeva (Nasdaq: AEVA) a été choisie comme fournisseur exclusif de LiDAR par Sensys Gatso Australia pour la détection secondaire de la vitesse dans ses nouveaux produits mobiles de contrôle de la vitesse. La collaboration intègre la technologie Aeva Atlas™ 4D LiDAR dans les solutions portables de contrôle de la vitesse de Sensys Gatso, offrant une approche multimodale pour améliorer la sécurité routière dans les zones à haut risque à travers l'Australie.

Le système combine la technologie de détection radar de base de Sensys Gatso avec les capacités LiDAR d'Aeva pour une vérification secondaire indépendante de la vitesse. Ce partenariat représente l'expansion d'Aeva sur le marché industriel, spécifiquement conçu pour répondre aux exigences locales des clients australiens en matière de systèmes de détection de vitesse améliorés.

Aeva (Nasdaq: AEVA) wurde von Sensys Gatso Australia als exklusiver LiDAR-Lieferant für die sekundäre Geschwindigkeitsüberwachung in ihren neuen mobilen Geschwindigkeitsüberwachungsprodukten ausgewählt. Die Zusammenarbeit integriert die Aeva Atlas™ 4D LiDAR Technologie in die tragbaren Geschwindigkeitsüberwachungslösungen von Sensys Gatso und bietet einen multimodalen Ansatz zur Verbesserung der Verkehrssicherheit an hochriskanten Standorten in ganz Australien.

Das System kombiniert die grundlegende Radartechnologie von Sensys Gatso mit den LiDAR-Fähigkeiten von Aeva zur unabhängigen sekundären Geschwindigkeitsverifizierung. Diese Partnerschaft stellt die Expansion von Aeva im Industriesektor dar, die speziell auf die lokalen Anforderungen australischer Kunden an verbesserte Geschwindigkeitsüberwachungssysteme zugeschnitten ist.

Positive
  • Secured exclusive supplier agreement with Sensys Gatso Australia
  • Expansion into industrial market with speed enforcement application
  • New revenue stream through integration in mobile speed detection products
Negative
  • None.

Insights

Aeva's exclusive supplier agreement with Sensys Gatso Australia marks a strategic expansion of their 4D LiDAR technology into the traffic enforcement market. This represents meaningful commercial validation in a non-automotive application, diversifying Aeva's market presence beyond traditional autonomous vehicle use cases.

What's particularly notable is the exclusive supplier status Aeva has secured, suggesting their technology offers distinctive capabilities that competitors couldn't match for this specific application. Their Atlas 4D LiDAR serving as secondary speed verification technology complements Sensys Gatso's radar systems, creating a multi-modal verification solution that enhances reliability in enforcement applications.

The traffic enforcement market provides several advantages as a growth vertical: government-backed purchasing, predictable deployment cycles, and emphasis on proven reliability over cost. While the announcement lacks specific financial projections or contract values, the Australian deployment could serve as a reference case for similar implementations globally if successful.

For a company with Aeva's market cap ($241 million), establishing commercial traction in industrial applications represents an important step in demonstrating their technology's versatility and expanding their addressable market. This partnership indicates Aeva is successfully commercializing their technology beyond conceptual use cases into real-world applications with recurring revenue potential.

Aeva 4D LiDAR Incorporated into Sensys Gatso Australia Mobile Speed Enforcement Solutions

MOUNTAIN VIEW, Calif. & PORT MELBOURNE, Australia--(BUSINESS WIRE)-- Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced that Sensys Gatso Australia has selected Aeva as its exclusive LiDAR supplier for secondary speed detection in its new mobile speed detection products used for enforcement solutions on public roads in Australia.

Sensys Gatso’s industry-leading products include portable speed enforcement solutions that help address speeding problems to improve road safety at high-risk locations. The newest version of the portable solution in Australia incorporates Aeva Atlas™ 4D LiDAR as a secondary speed verification function to complement its core radar detection technology.

“By adding Aeva’s 4D LiDAR technology into our portfolio of mobile products, our customers have a multi-modal speed enforcement solution in Australia which includes independent secondary speed verification that can be deployed almost anywhere,” said Enzo Dri, Managing Director of Sensys Gatso Australia. “This demonstrates our commitment to using technologies to help improve road safety and traffic behavior so that road travel throughout Australia becomes safer and more sustainable.”

“Sensys Gatso Australia has selected Aeva 4D LiDAR for its unique capabilities to support local customer requirements for secondary speed detection in Australia,” said Soroush Salehian, Co-Founder and CEO at Aeva. “This win highlights the growing demand for Aeva’s solutions in the industrial market and we look forward to supporting their successful deployment of this LiDAR-based solution in Australia.”

About Sensys Gatso

Sensys Gatso is the leading provider of automated traffic enforcement solutions with a strong global presence. Our mission is saving lives by changing the driving behavior of motorists. We are firmly committed to improving road safety by reducing vehicle speed and red light negation, by optimizing traffic flows and by contributing to a sustainable urban environment, always in close partnership with governments and other authorities all over the world.

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, consumer electronics, consumer health, security 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 product features, performance and our relationship with Sensys Gatso. 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 and limited history of shipping significant product volumes, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the ability for Aeva to have its products selected for inclusion in OEM products, (v) the ability to manufacture at volumes and costs needed for commercial programs, (vi) that any programs into which our products may be designed will result in significant end customer sales, (vii) unforeseen project delays or product issues, such as difficulties or delays in shipping, manufacturing or installation, and (viii) other material risks and other important factors that could affect our financial results that are further described in our filings with the SEC. 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.

Media:

Michael Oldenburg

press@aeva.ai

Investors:

Andrew Fung

investors@aeva.ai

Source: Aeva Technologies, Inc.

FAQ

What is the partnership between Aeva and Sensys Gatso Australia for speed detection?

Aeva has been selected as the exclusive LiDAR supplier for Sensys Gatso Australia's mobile speed detection products, providing secondary speed verification through their Atlas 4D LiDAR technology.

How will Aeva's LiDAR technology be used in Australian speed enforcement?

Aeva's Atlas 4D LiDAR will be integrated into portable speed enforcement solutions as a secondary speed verification function, complementing the core radar detection technology.

What are the benefits of Aeva's LiDAR integration for Sensys Gatso's speed detection systems?

The integration provides a multi-modal speed enforcement solution with independent secondary speed verification that can be deployed almost anywhere in Australia.

How does this partnership impact Aeva's market presence?

This partnership demonstrates growing demand for Aeva's solutions in the industrial market, specifically in the Australian speed enforcement sector.
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