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AEye, Inc. (symbol: LIDR) is a leading Silicon Valley-based company specializing in the development of advanced vision hardware, software, and algorithms designed to act as the eyes and visual cortex for autonomous vehicles. Since the debut of its solid-state lidar scanner in 2013, AEye has been a trailblazer in intelligent sensing technologies. Backed by world-renowned investors, AEye is committed to innovation in the realm of autonomous driving and advanced driver-assistance systems (ADAS).
AEye's flagship offering, the 4Sight Intelligent Sensing Platform, integrates solid-state active lidar, an optionally fused low-light HD camera, and artificial intelligence to deliver superior perception capabilities. This platform is engineered to capture more intelligent information with less data, enabling faster, more accurate, and more reliable interpretation of the environment. The versatility of the 4Sight platform makes it suitable for a variety of applications, including vehicle autonomy and robotic vision.
The company generates the majority of its revenue from customers in the United States, with significant contributions from Europe and the Asia-Pacific region. AEye continues to pioneer breakthroughs in intelligent sensing, consistently enhancing their products to meet the growing demands of the autonomous vehicle market.
Recent achievements include strategic partnerships with industry leaders and ongoing projects aimed at refining the capabilities of their sensing technologies. These efforts underscore AEye's commitment to advancing the future of autonomous and semi-autonomous driving.
AEye, Inc. (NASDAQ: LIDR), a leader in adaptive lidar solutions, is set to release its financial results for Q1 2023 on May 11, 2023, after market close. A conference call will follow at 1:30 p.m. PT to discuss the results and strategic benchmarks aimed at commercial production in automotive applications. The call will feature AEye's new management team, including CEO Matt Fisch and interim CFO Conor Tierney. The company emphasizes its innovative 4Sight™ Intelligent Sensing Platform, designed for advanced driver assistance and vehicle autonomy, among other applications.
AEye, Inc. (Nasdaq: LIDR) reported its financial results for Q4 and the full year 2022, emphasizing growth in its lidar technology. For Q4 2022, revenue was $1.1 million with a GAAP net loss of $23.7 million. Full-year revenue totaled $3.6 million, with a GAAP net loss of $98.7 million. The company has $94.2 million in cash and marketable securities as of year-end 2022. A significant leadership change was announced as CFO Robert Brown plans to resign by March 31, 2023, with Conor Tierney stepping in as interim CFO. A conference call to discuss these results is scheduled for March 15, 2023.
AEye, Inc. (NASDAQ: LIDR) will release its fourth-quarter and fiscal year 2022 financial results after the market close on March 15, 2023. The company will host a conference call and audio webcast at 2:00 p.m. PT (5:00 p.m. ET) on the same day. A recording of the call will be available afterward, along with supplemental financial information on the company’s website. AEye specializes in adaptive, high-performance lidar solutions for various applications, including autonomous vehicles and smart infrastructure, aiming to enhance safety and performance in transportation.
AEye, Inc. (NASDAQ: LIDR) announced an inducement equity award for new CEO Matthew Fisch. The grant includes 5,000,000 service-based and 2,000,000 performance-based restricted stock units (RSUs). The service-based RSUs will vest in increments, starting March 15, 2023. The performance-based RSUs are tied to the stock price reaching $1.20 for ten consecutive trading days before March 1, 2024. If the stock does not meet this condition, those RSUs will be forfeited. AEye specializes in software-defined lidar solutions aimed at enhancing vehicle autonomy and safety in various applications.
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