The only intelligent LiDAR platform
AEye is in the sole position for commercial success in the large, fast-growing LiDAR market due to its disruptive, adaptive LiDAR technology that delivers better data faster, a business model that leverages the automotive industry’s existing value chain to drive industry-leading margins, marquee customers and partnerships that allow for automotive-grade production at scale, and a public company ready management team and board of directors.

Investment Highlights  

Massive Addressable Market
  • LiDAR is expected to be in everything that uses cameras today with applications in the automotive, industrial and mobility industries
  • Addressable market forecasted to increase at a 30% CAGR from $3 billion in 2020 to $42 billion in 2030
  • Focused on multiple markets with forecasted 2030 opportunities of $18 billion in automotive, $17 billion in industrial and $7 billion in mobility
Disruptive Technology
  • High performance, long-range intelligent sensor system is flexible and adaptable
  • Delivers precise, accurate and timely information on what matters most in varied environments and weather conditions
  • Software-driven and network optimized using artificial intelligence and edge processing
  • Bi-static architecture affords maximum LiDAR placement flexibility (behind windshield or in headlight or grill) allowing OEMs to make design-centric decisions without impacting system performance
  • Modular design takes advantage of innovation and reduces cost
  • Significant intellectual property portfolio protects technological leadership position
Differentiated and Capital Light Business Model
  • Decision to partner rather than compete with customers drives attractive financial model
  • Only LiDAR company to utilize a licensing model for automotive sensors
  • In automotive, Tier 1 partners design, manufacture, and market their own unique products based on AEye’s patented 4Sight sensor design and software – leveraging the modular system components manufactured by Tier 2 suppliers
  • The same automotive grade components supplied to Tier 1 Automotive partners are leveraged to build sensors for the Industrial and Mobility markets through partnerships with systems integrators
  • Single platform with shared modular components allows for manufacturing at scale and to bring products in high volumes to multiple markets simultaneously
Marquee customers and partnerships
  • Selected by Continental, one of the world’s largest automotive suppliers, as their high performance ADAS sensor with volume production starting in 2024
  • Development partnership with global self-driving technology company, TuSimple, to advance reliable highway autonomy for long-haul trucks
  • Partnering with Sanmina Corporation, a leading integrated manufacturing solutions company, to handle final assembly and manufacturing for non-automotive markets at commercial scale
  • Working with NVIDIA to bring adaptive, intelligent sensing to the NVIDIA DRIVE® autonomous vehicle platform
Experienced Leadership Team
  • Executive team with deep industry and public company experience building enterprise-scale technology businesses
  • Impressive board of directors with extensive, diverse and complementary backgrounds spanning technology, automotive, aerospace and defense, venture capital, private equity and the public sector