AEye, Inc., a worldwide chief in adaptive, high-performance lidar options, in the present day introduced that its Apollo lidar items have been chosen by a significant transportation OEM, representing a possible income alternative of $30 million or extra anticipated over the subsequent 24 to 36 months
AEye, Inc., a worldwide chief in adaptive, high-performance lidar options, in the present day introduced that its Apollo lidar items have been chosen by a significant transportation OEM, representing a possible income alternative of $30 million or extra anticipated over the subsequent 24 to 36 months. The OEM chosen AEye particularly for Apollo’s unmatched capability to detect objects at as much as one kilometer, enabling quicker hazard identification and response time. This choice marks a significant milestone in advancing long-range security methods for transportation functions the place early object detection is vital.
“Apollo’s capability to detect objects at one kilometer continues to set the usual for lidar efficiency. Many vital transportation functions require notion nicely past 200 meters, and we consider this choice by a worldwide OEM validates the rising function of lidar in sensing functions that depend upon prolonged vary and reliability. We’re proud to help this trade chief in deploying the subsequent technology of clever security methods,” stated AEye CEO Matt Fisch.
SOURCE: AEye
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