Aeva
Aeva develops FMCW 4D LiDAR sensors and silicon photonics LiDAR-on-Chip technology for automotive OEMs, commercial vehicle manufacturers, industrial automation customers, and government agencies, serving autonomous driving, robotics, smart infrastructure, and defense applications.
- Company typePublic
- Founded2017
- HeadquartersMountain View, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Aeva does
Aeva (NASDAQ: AEVA), founded in 2017 by ex-Apple engineers and headquartered in Mountain View, California, develops FMCW (Frequency Modulated Continuous Wave) 4D LiDAR sensors and silicon photonics LiDAR-on-Chip modules for autonomous machines. Its core technology — a proprietary CoreVision LiDAR-on-Chip module integrating all key LiDAR elements via silicon photonics, paired with a custom Aeva X1 processor — uniquely measures both instantaneous per-point velocity and 3D position simultaneously, with immunity to interference from sunlight and other LiDAR sources, and supports detection ranges up to 500 meters. The product portfolio spans long-range automotive sensors (Atlas, Atlas Ultra for SAE L3/L4 programs), a compact wide-view short-range sensor for physical AI (Omni), high-precision laser speed sensors for factory automation (Eve 1), and the CityOS intelligent transportation system platform running on NVIDIA AGX Orin.
Aeva monetizes primarily through hardware sales of its 4D LiDAR sensors under multi-year Tier-1 production contracts with automotive OEMs and commercial vehicle manufacturers, supplemented by technology/IP licensing (e.g., Cadence Tensilica Vision DSP IP) and managed smart-infrastructure deployments to government transportation agencies. Customers span commercial vehicles (Daimler Truck North America/Torc Robotics, Bendix), passenger OEMs (a Top 5 global OEM and an exclusive Top 10 European OEM for 2028 L3 production), industrial automation leaders (SICK AG, LMI Technologies, Nikon Metrology), defense (Forterra), platform partners (NVIDIA, LG Innotek, Cadence, Wideye by AGC), and government agencies (Georgia DOT). The go-to-market combines direct enterprise field sales to OEMs, embedded Tier-1 integration into vehicle platforms, and ecosystem-led distribution through NVIDIA DRIVE Hyperion and LG Innotek manufacturing partnerships.
The company remains pre-profitability, with FY2025 revenue of $18.1M, Q1 2026 revenue of $6.3M (+90% YoY), and an operating loss of $25.8M in Q1 2026 against 2026 revenue guidance of $30–36M. Capital base was reinforced in late 2025 and 2026 via $50M from LG Innotek (July 2025), $100M in Apollo Global Management convertible senior notes (November 2025), and a $115M follow-on equity offering at a ~$1.647B valuation (June 2026). Aeva holds 300+ granted patents across the U.S., Europe, China, Korea, Japan, and Canada protecting its FMCW, silicon photonics, and perception technology.
Aeva firmographics
Firmographics- Name
- Aeva
- Legal name
- Aeva, Inc.
- Website
- https://aeva.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Aeva develops FMCW 4D LiDAR sensors and silicon photonics LiDAR-on-Chip technology for automotive OEMs, commercial vehicle manufacturers, industrial automation customers, and government agencies, serving autonomous driving, robotics, smart infrastructure, and defense applications.
- Ownership category
- akta.pro rank
Aeva industry classification
Industry- Product category
- 4D LiDAR Sensors and Perception Systems
- NAICS
- Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)
- SIC
- Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Measuring & Controlling Devices, Nec (3829), Optical Instruments & Lenses (3827)
- akta.pro primary industry
- LiDAR & 3D Sensing Modules (HDAHALAG)
- akta.pro secondary industries
- Machine Vision & Optical Sensing (Cameras, 3D vision, LiDAR, illumination) (IMAGAFAB), Active Safety Sensing Hardware Manufacturing (Radar/LiDAR/Cameras/Ultrasonic) (IMACAMAF), Analog Front-End (AFE) ICs (Sensor/Medical/Industrial AFE) (HDAHAIAJ)
Keywords
Where Aeva is headquartered
LocationHeadquarters
- HQ city
- Mountain View
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Aeva business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales
Revenue model
- 4D LiDAR Hardware Sales: Sale of automotive-grade 4D LiDAR sensors including Atlas, Atlas Ultra, and Omni product lines to automotive OEMs, commercial vehicle manufacturers, and industrial automation customers. Revenue recognized upon hardware delivery with multi-year production contracts providing predictable revenue streams.
- Perception Software and Technology Licensing: Licensing of FMCW 4D LiDAR technology, perception algorithms, and software to technology partners. Includes Cadence Tensilica Vision DSP IP licensing integration and partnerships with technology companies for sensor integration.
- Smart Infrastructure Solutions: CityOS platform deployment and ongoing services for intelligent transportation systems to government transportation agencies. Includes hardware, software, and ongoing support services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Test Engineering Manager - Mountain View CA |
| Other | Annual | Embedded Software Engineer |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels6 records
Aeva product offering
Product offeringCore offering
Aeva develops and manufactures FMCW (Frequency Modulated Continuous Wave) 4D LiDAR sensors and perception systems for autonomous machines. Its product portfolio includes long-range automotive-grade LiDAR sensors (Atlas, Atlas Ultra), wide-view short-range sensors (Omni), high-precision industrial sensors (Eve 1), and the CityOS intelligent transportation platform. The technology uniquely detects instantaneous per-point velocity alongside 3D position, serving automotive, industrial automation, robotics, defense, and smart infrastructure markets.
Product overview
Aeva offers a unified FMCW 4D LiDAR perception platform for autonomous navigation and sensing applications. The product portfolio centers on several LiDAR sensor lines: Atlas (long-range automotive-grade for production programs), Atlas Ultra (slimmer high-resolution variant for L3/L4 applications), Omni (wide-view short-range sensor for physical AI), Atlas Orion (infrastructure configuration), and Eve 1 (high-precision sensors for factory automation). These hardware products are powered by Aeva's proprietary silicon photonics CoreVision LiDAR-on-Chip technology and X1 processor running AI-powered 4D Perception software. For smart infrastructure, CityOS provides an integrated platform combining 4D LiDAR sensors with edge AI processing. The technology uniquely uses Frequency Modulated Continuous Wave (FMCW) to simultaneously measure range and instant velocity per point, with immunity to interference from sunlight or other LiDAR sources.
Differentiator
Problem solved
Functional benefit
Brands
- Aeva Atlas: Long-range automotive-grade 4D LiDAR for industrial and automotive production programs
- Aeva Atlas Ultra
- Aeva Omni
- Aeva Eve
- CityOS
- Atlas Orion
- Aeva CoreVision
- Aeva X1
Products and services
- Aeva Atlas Long-range automotive-grade 4D LiDAR sensor using FMCW technology to simultaneously detect range and velocity with interference immunity. Designed for industrial and automotive production programs including Daimler Truck's autonomous Freightliner Cascadia Class 8 trucks. Features up to 500-meter detection range for highway autonomy applications.
- Aeva Atlas Ultra Slimmest high-resolution long-range automotive-grade 4D LiDAR designed for SAE L3/L4 production programs. Selected by a top 5 global passenger OEM for next-generation global production vehicle platform. Available first half of 2026.
- Aeva Omni Industry's first compact wide-view short-range 4D LiDAR sensor for physical AI applications including robotics, drones, warehouse automation, defense, and smart infrastructure. Features 360-degree horizontal and 90-degree vertical field of view with up to 80-meter range in an 85mm form factor.
- Aeva Atlas Orion 4D LiDAR sensor configured for smart infrastructure applications including traffic monitoring, intersection management, and intelligent transportation systems.
- Aeva Eve 1 High-precision laser speed sensors using FMCW technology for factory automation applications. Provides micron-level precision for automated metrology, robotic inspection, and quality control. Powered by Nikon APDIS MV5X Laser Radar system for automotive, aerospace, and energy applications.
- CityOS AI-powered intelligent transportation system platform combining 4D LiDAR sensors with edge AI processing on NVIDIA AGX Orin. Provides real-time traffic intelligence by digitizing intersections, detecting wrong-way driving, monitoring traffic flow, analyzing near-misses, and tracking intersection performance. Deployed at Georgia DOT for 30 intersections in Atlanta area.
Quantifiable outcome
- Revenue growth of 100% year-over-year reaching $18.1M in fiscal 2025
- +5 more outcomes
Companies that use Aeva
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles5 records
Aeva technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability3 records
Feature8 records
Aeva partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered major, notable, core and significant.
- Bendix Commercial Vehicle SystemsmajorDevelopment partnership to integrate Aeva's 4D LiDAR sensors and perception software into Bendix's collision mitigation solutions for Class 8 mass-production commercial vehicles in North America. Targeting commercial vehicle ADAS market of approximately 300,000 new Class 8 trucks annually.
- Cadence Design SystemsnotableAeva licensed Cadence Tensilica Vision DSP IP to accelerate signal processing in its 4D LiDAR systems for industrial robotics and automotive applications. Design win enables Aeva to leverage configurable hardware and optimized software libraries for high-performance, low-power, real-time perception processing.
- European Passenger OEM (Top 10, unnamed)coreExclusive global production contract for Level 3 automation vehicles starting production in 2028. Major milestone as Tier-1 supplier win representing industry shift from traditional LiDAR to Aeva's 4D perception platform.
- Nikon MetrologysignificantCommercial deployment of Nikon's APDIS MV5X Laser Radar system powered by Aeva's Eve high-precision sensor technology. Multi-year production agreement for automated non-contact measurement in automotive, aerospace, and energy industries. Strengthens Aeva's position in industrial automation and metrology markets.
- ForterramajorAeva selected to provide 4D LiDAR sensors and perception technology for Forterra's AutoDrive autonomous vehicle system for defense applications. LiDAR enables autonomous ground vehicles to detect obstacles in unstructured, GPS-denied, and adverse weather environments. Marks Aeva's first win in defense sector.
- NVIDIAcoreAeva's FMCW 4D LiDAR selected as reference sensor within NVIDIA DRIVE Hyperion autonomous vehicle development platform. Collaboration targets 2028 start of production for vehicle programs. Positions Aeva as core LiDAR sensor supplier to global OEMs utilizing NVIDIA architecture.
- D2 Traffic TechnologiessignificantExclusive partnership bringing D2 Traffic's intelligent transportation systems experts into Aeva. Accelerates Aeva's transition from LiDAR supplier to full-solution provider for smart infrastructure. Partnership delivers end-to-end ITS solutions for traffic management across U.S., targeting approximately 15 million intersections market.
- LG InnotekmajorStrategic collaboration to develop and commercialize next-generation perception platforms. LG Innotek investing up to $50 million in Aeva. Partnership focuses on integrating 4D LiDAR across automotive, industrial automation, robotics, and consumer electronics markets. LG Innotek handles hardware integration, manufacturing, and quality assurance.
- Daimler Truck North America / Torc RoboticscoreExpanded partnership to advance series production of Aeva's 4D LiDAR for autonomous commercial trucks. Scaling production capacity to up to 200,000 LiDAR units annually in North America. First autonomous-ready Freightliner Cascadia trucks with Aeva sensors operating on public roads in Texas.
- SICK AGsignificantFirst purchase orders for over 1,000 Eve 1 high-precision sensors from SICK AG targeting factory automation applications. Validates Aeva's technology for high-precision industrial sensing applications and entry into $4 billion global laser displacement sensor market.
- LMI TechnologiessignificantPurchase order for Eve 1 high-precision sensors for factory and process automation beyond automotive 4D LiDAR. Represents Aeva's entry into factory automation market alongside established industrial automation leaders.
- Wideye by AGCnotablePartnership to launch first FMCW in-cabin 4D LiDAR integration for vehicles at CES 2025. Combines Aeva's LiDAR technology with Wideye's automotive glass expertise for interior sensing applications.
- SICK AG (Extended)significantExtended collaboration with SICK for precision sensing for factory automation applications. Partnership builds on previous chip-scale LiDAR collaboration to expand into industrial sensing market.
Scale indicators10 records
Recent moves7 records
Expansion highlights7 records
Aeva competitors and assessment
Company assessmentDirect peers
- Hesai Group: China-based LiDAR manufacturer offering automotive-grade long-range ToF LiDAR products. Direct competitor in OEM automotive programs with significantly larger production volumes and lower cost structure, pressuring Aeva's pricing and time-to-market.
- Luminar Technologies: U.S. LiDAR company developing long-range ToF sensors for automotive ADAS/autonomy with Volvo and other OEM partnerships. Direct competitor pursuing similar Tier-1 supplier model in passenger vehicle OEM programs.
- Innoviz Technologies: Israel-based LiDAR company supplying solid-state ToF LiDAR for BMW and other automotive programs. Direct competitor in automotive Tier-1 LiDAR space with comparable OEM business model and production timeline.
- RoboSense: China-based automotive LiDAR supplier with strong Chinese OEM penetration and growing global ambitions. Direct competitor in long-range automotive LiDAR with cost advantages and high-volume manufacturing capability.
- Ouster: LiDAR company offering digital flash LiDAR for automotive, robotics, and smart infrastructure markets. Competes with Aeva in industrial automation and infrastructure verticals (e.g., CityOS-like applications).
- Cepton (now part of Koito): LiDAR company acquired by Koito Manufacturing in 2024, focused on long-range automotive LiDAR for ADAS and autonomy. Direct competitor in OEM automotive LiDAR programs with Tier-1 manufacturing backing from Koito.
Broad incumbents
- Valeo SA: Global Tier-1 automotive supplier with the SCALA LiDAR product line (used by Mercedes and others). Broader incumbent offering LiDAR as part of a wide ADAS sensor portfolio, competing with Aeva for OEM ADAS design wins.
- Mobileye: Intel-owned incumbent ADAS/autonomous driving supplier with EyeQ chips and SuperVision/Chauffeur platforms. Competes with Aeva as a broader autonomy stack player that may bundle its own sensing or partner with other LiDAR vendors.
Emerging players
- MicroVision: U.S. company developing MEMS-based automotive LiDAR for ADAS applications. Smaller-scale competitor pursuing automotive OEM programs with differentiated scanning technology.
Others
- SICK AG: German industrial sensor manufacturer and existing Aeva channel partner/distributor. Comparable in factory automation sensing market where both compete and collaborate; relevant peer because SICK's displacement-sensor business overlaps with Aeva's Eve 1 industrial sensors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Aeva social profiles
Digital presenceAeva compliance and trust
Trust signalCompliance2 records
Aeva financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aeva leadership team
Management profileNumber of profiles
Profiles9 records
Aeva funding detail
Funding detailFunding overview
Funding rounds8 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aeva M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aeva
What does Aeva do?
Aeva develops and manufactures FMCW (Frequency Modulated Continuous Wave) 4D LiDAR sensors and perception systems for autonomous machines. Its product portfolio includes long-range automotive-grade LiDAR sensors (Atlas, Atlas Ultra), wide-view short-range sensors (Omni), high-precision industrial sensors (Eve 1), and the CityOS intelligent transportation platform. The technology uniquely detects instantaneous per-point velocity alongside 3D position, serving automotive, industrial automation, robotics, defense, and smart infrastructure markets.
Is Aeva a public or private company?
Aeva is a public company. It is classified as public and is currently operating.
When was Aeva founded?
Aeva was founded in 2017. It employs 251 to 500 people.
Where is Aeva based?
Aeva is headquartered in Mountain View, United States, in the North America region.
How does Aeva make money?
Three revenue lines are on record. 4D LiDAR Hardware Sales are the primary driver. The others are perception Software and Technology Licensing and smart Infrastructure Solutions.
Who are Aeva's main competitors?
Direct peers on record are Hesai Group, Luminar Technologies, Innoviz Technologies, RoboSense, Ouster and Cepton (now part of Koito). Broad incumbents are Valeo SA and Mobileye. MicroVision is listed as an emerging player. SICK AG is listed as an others.
Does Aeva have an API?
No public API is recorded for Aeva.
What industry is Aeva in?
Aeva's product category is 4D LiDAR Sensors and Perception Systems. Its primary akta.pro industry code is HDAHALAG, LiDAR & 3D Sensing Modules, with a secondary code of IMAGAFAB, Machine Vision & Optical Sensing (Cameras, 3D vision, LiDAR, illumination). Its NAICS code is 334511 and its SIC code is 3812.