Aeva

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.

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

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

• 4D LiDAR sensors
• FMCW LiDAR technology
• Autonomous vehicle perception
• Industrial automation sensors
• Silicon photonics LiDAR

Headquarters

HQ city

Mountain View

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core 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

Named customers12 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability3 records

Feature8 records

Partnerships

13 partnerships are on record, tiered major, notable, core and significant.

• Bendix Commercial Vehicle SystemsmajorStrategic or Co-development Partner · 16 June 2026Development 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 SystemsnotableTechnology or Integration · 11 May 2026Aeva 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)coreOEM/ Whitelabel/ Licensing Partner · 6 May 2026Exclusive 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 MetrologysignificantStrategic or Co-development Partner · 29 April 2026Commercial 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.
• ForterramajorStrategic or Co-development Partner · 20 January 2026Aeva 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.
• NVIDIAcoreTechnology or Integration · 5 January 2026Aeva'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 TechnologiessignificantStrategic or Co-development Partner · 19 November 2025Exclusive 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 or Co-development Partner · 29 July 2025Strategic 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 RoboticscoreStrategic or Co-development Partner · 16 July 2025Expanded 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 AGsignificantChannel Partner/ Reseller/ Distributor · 12 May 2025First 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 TechnologiessignificantChannel Partner/ Reseller/ Distributor · 12 May 2025Purchase 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 AGCnotableTechnology or Integration · 6 January 2025Partnership 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)significantStrategic or Co-development Partner · 5 December 2024Extended 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

Direct 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

• Xx.com/aevainc
• YouTubeyoutube.com/c/AevaInc
• LinkedInlinkedin.com/company/aevainc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds8 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aeva