AEye Demonstrates the Power of Adaptive Lidar to Enhance Software-Defined Vehicles

AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance
lidar solutions, today showcased its vision for adaptive lidar in
software-defined vehicles. At a press conference at AutoSens Detroit, AEye
demonstrated the revolutionary design of its 4SightT Intelligent Sensing
Platform, which enables automotive OEMs to embed the same lidar sensor in
multiple integrated locations, optimizing performance for vehicle-specific
packaging and integration using AEye’s proprietary sensing software. With
AEye’s adaptive lidar, automakers gain design flexibility, without
compromising performance, further advancing their pursuit of the
software-defined car.

This landmark achievement of utilizing a singular platform, configurable
through software and shown in multiple mounting locations, provides
automakers full vehicle design and aesthetic flexibility. The result is an
immeasurable design advantage over obtrusive, hardware-centric lidar systems
that do not adapt to the evolving performance and integration requirements
of OEMs. Additionally, the 4Sight platform’s inherent software
configurability is designed to enable over-the-air updates to improve a
vehicle’s autonomous safety features over time, without having to replace
the sensor.

“AEye customers gain the distinct advantage of utilizing a single platform
that can be modified for any vehicle model and application, increasing
adoption and deployment across OEM platforms and reducing engineering
costs,” said AEye co-founder and GM of Automotive, Jordan Greene. “Moving
AEye sensor hardware from one location on a vehicle to another does not
require a mechanical adaptation, as the sensor’s performance parameter can
be configured by a simple software operation. This provides our go-to-market
partners, like Continental, the ultimate flexibility in design, without
compromising top-end performance in the process.”

As automakers shift towards software-driven business models, they are
looking to software-defined hardware to absorb new technological
advancements, and to deploy new, innovative services. AEye’s adaptive sensor
platform can be configured via software for different vehicle placements,
use cases, and markets to help OEMs realize their vision of smart assets and
software definable vehicles.

AEye is the first and only lidar company to validate its sensor’s
performance through a leading third-party testing service and recently
passed the milestone of more than 100 patents filed globally, spanning four
continents and more than 10 countries. In addition, in 2021, AEye became a
publicly-traded company listed on the Nasdaq stock exchange, doubled in
size, and opened offices in Korea and Japan. In April, 2022, AEye opened an
office in Munich, to support European customers in the automotive, mobility,
trucking, logistics and smart infrastructure sectors.