AEye has announced that its Apollo lidar units have been selected by a major transportation OEM, representing a potential revenue opportunity of US$30m or more over the next 24 to 36 months. AEye‘s Apollo can detect objects at up to 1km, enabling faster hazard identification and response time, and is designed to advance long-range safety systems for transportation applications where early object detection is critical.
“Apollo’s ability to detect objects at 1km continues to set the standard for lidar performance. Many critical transportation applications require perception well beyond 200m, and we believe this selection by a global OEM validates the growing role of lidar in sensing applications that depend on extended range and reliability. We’re proud to support this industry leader in deploying the next generation of intelligent safety systems,” said AEye CEO Matt Fisch.
In related news, Sony Semiconductor Solutions (SSS) has announced the upcoming release of the IMX479 stacked, direct time-of-flight (dToF) SPAD depth sensor for automotive lidar systems, delivering both high-resolution and high-speed performance. Read the full story here