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Aeva Technologies Inc - AEVA STOCK NEWS

Welcome to our dedicated page for Aeva Technologies news (Ticker: AEVA), a resource for investors and traders seeking the latest updates and insights on Aeva Technologies stock.

About Aeva Technologies Inc.

Aeva Technologies Inc. (NASDAQ: AEVA) is a pioneering company at the forefront of sensing and perception technology. Leveraging its proprietary Frequency Modulated Continuous Wave (FMCW) technology, Aeva has developed a groundbreaking 4D LiDAR-on-chip solution that integrates vision, depth, and motion sensing into a single product. This innovative approach offers superior performance compared to traditional sensing systems, delivering greater range, resolution, and the unique ability to measure the velocity of every pixel in a scene. Aeva's technology is designed to operate seamlessly across diverse weather conditions, making it a robust solution for next-generation applications.

Core Technology and Applications

Aeva's 4D LiDAR-on-chip is a transformative advancement in the field of autonomous systems and IoT devices. By combining hardware and proprietary software, the company provides a comprehensive sensing platform that has the potential to revolutionize multiple industries:

  • Automated Driving: Enhancing the safety and efficiency of autonomous vehicles through precise object detection and motion tracking.
  • Consumer Electronics: Enabling advanced features in devices such as augmented reality (AR) headsets, smartphones, and wearables.
  • Consumer Health: Supporting innovative health monitoring solutions with precise motion and depth sensing.
  • Industrial Automation: Improving automation processes in manufacturing and logistics through high-resolution sensing.
  • Security Applications: Strengthening surveillance and security systems with enhanced perception capabilities.

Market Position and Competitive Advantages

Operating across North America, EMEA, and Asia, Aeva derives the majority of its revenue from North America while maintaining a global presence. The company is uniquely positioned in the competitive landscape of sensing technologies, differentiating itself through its ability to measure velocity at the pixel level—a capability that traditional LiDAR, radar, and camera-based systems lack. This innovation not only improves accuracy but also expands the range of applications for Aeva's technology.

By offering a compact and cost-effective LiDAR-on-chip solution, Aeva addresses key industry challenges, such as scalability and affordability, making its technology accessible for widespread adoption. Its dual focus on hardware and software further strengthens its market positioning, creating opportunities for partnerships and integration across diverse sectors.

Challenges and Growth Opportunities

As a player in a rapidly evolving industry, Aeva faces challenges such as intense competition, high R&D costs, and the need for industry-wide adoption of LiDAR technology. However, its innovative approach and diversified market strategy position the company well to capitalize on growth opportunities in autonomous systems, IoT devices, and beyond. By continuing to innovate and expand its market reach, Aeva is poised to play a pivotal role in shaping the future of sensing and perception technology.

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Aeva (AEVA) has regained compliance with the NYSE's minimum price criteria, ensuring continued listing on the exchange. The closing share price for Aeva's common stock and the average closing share price over a 30-day period are now above $1.00, resolving the deficiency.
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Aeva (AEVA) announces a 1-for-5 reverse stock split effective March 18, 2024, to increase trading price and maintain NYSE listing. Stockholders automatically receive adjusted shares or cash for fractional shares.
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Aeva's Aeries II 4D LiDAR technology selected by Joowon Industrial for automated power line inspection and analysis system, improving detection rates and reducing inspection costs.
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Aeva (NYSE: AEVA) announces a 1-for-5 reverse stock split effective March 18, 2024, to increase per share trading price and meet NYSE listing criteria.
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Aeva (AEVA) announces Daimler Truck selection for a $1Bn order book, showcases Atlas, the world's first automotive-grade 4D LiDAR, and reports Q4 and full year 2023 financial highlights. The company is on track for significant growth in the automotive industry.
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Aeva (AEVA) will release its Q4 and full-year 2023 results on March 5, 2024, followed by a conference call and webcast to discuss the financial performance.
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Daimler Truck AG (NYSE: AEVA) has chosen Aeva as the supplier of long and ultra-long range LiDAR for its series production autonomous commercial vehicle program. The collaboration with Torc Robotics, Inc. aims to enable SAE Level 4 autonomous vehicle capabilities, starting with the Class 8 Freightliner Cascadia truck platform. The production collaboration is set to begin in the first quarter of 2024, with Aeva's start of production by 2026 and Daimler Truck's production ramping up by 2027.
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Aeva (NYSE: AEVA) introduces Aeva Atlas, the first 4D LiDAR sensor designed for mass production automotive applications, powered by new silicon innovations including CoreVision next-gen LiDAR-on-Chip technology and Aeva X1, a new System-on-Chip processor.
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Aeva (NYSE: AEVA) has been selected as the Tier 1 LiDAR supplier for a top global automotive OEM's series production vehicle program, marking one of the largest automotive series production awards in its class. This positions Aeva to become a direct Tier 1 supplier to automotive OEMs globally, representing a significant milestone for the company and the automated driving industry. The selection also marks Aeva's first major production win with a top global automotive OEM, showcasing the transition to FMCW technology and the culmination of years of effort and collaboration in the automotive industry.
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Aeva (AEVA) to Showcase Next-Generation Automotive LiDAR Technology at CES 2024
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FAQ

What is the current stock price of Aeva Technologies (AEVA)?

The current stock price of Aeva Technologies (AEVA) is $3.58 as of February 28, 2025.

What is the market cap of Aeva Technologies (AEVA)?

The market cap of Aeva Technologies (AEVA) is approximately 189.7M.

What does Aeva Technologies Inc. specialize in?

Aeva specializes in 4D LiDAR-on-chip solutions using its proprietary FMCW technology, integrating vision, depth, and motion sensing into a single product.

What industries does Aeva's technology serve?

Aeva's technology serves industries such as automated driving, consumer electronics, consumer health, industrial automation, and security applications.

How does Aeva differentiate itself from competitors?

Aeva differentiates itself through its unique ability to measure velocity at the pixel level, offering greater accuracy and performance compared to traditional sensing systems.

What is Aeva's primary revenue source?

Aeva generates revenue primarily through the sale of its LiDAR-on-chip hardware and licensing its proprietary software, with a focus on North America.

What are the growth opportunities for Aeva Technologies Inc.?

Aeva has growth opportunities in autonomous systems, IoT devices, and other emerging markets that require advanced sensing and perception technologies.

What challenges does Aeva face in its market?

Aeva faces challenges such as intense competition, high R&D costs, and the need for widespread adoption of LiDAR technology across industries.

What is unique about Aeva's FMCW technology?

Aeva's FMCW technology enables its LiDAR-on-chip to measure velocity at the pixel level, enhancing accuracy and performance across diverse conditions.

Does Aeva operate globally?

Yes, Aeva operates in North America, EMEA, and Asia, with the majority of its revenue derived from North America.
Aeva Technologies Inc

NYSE:AEVA

AEVA Rankings

AEVA Stock Data

189.67M
33.48M
37.86%
46.04%
3.41%
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