Aeva Technologies, Inc. is a developer of advanced sensing and perception technology, primarily focused on 4D LiDAR (Light Detection and Ranging) systems. The company's core innovation is its Frequency Modulated Continuous Wave (FMCW) technology, which integrates key LiDAR components onto a silicon photonics chip. Unlike traditional Time-of-Flight (ToF) LiDAR that only measures depth and reflectivity, Aeva's 4D LiDAR simultaneously measures the instant velocity of every pixel alongside 3D positioning, providing enhanced perception for autonomous systems while remaining immune to interference from sunlight or other sensors. Aeva operates through a single business segment, generating revenue from the sale of its sensing systems (such as the Aeries II and Atlas platforms) and non-recurring engineering (NRE) services. The company targets a diverse geographic footprint across North America, Europe, and Asia, serving original equipment manufacturers (OEMs) and technology partners in the automotive (passenger and commercial vehicles), industrial automation, robotics, and consumer electronics sectors. Aeva's competitive position is anchored by its highly integrated LiDAR-on-chip architecture, which offers long-range performance and scalability for mass production, supported by strategic partnerships with major industry players like Daimler Truck and Nikon.
