Significant OEM Win
Aeva won a joint development program with a global top 10 passenger OEM for its Atlas Ultra product, marking a major milestone and potential expansion into the passenger vehicle market.
Daimler Truck Collaboration
Progressed with Daimler Truck as the exclusive long-range LiDAR supplier, completing all 2024 milestones and expanding collaboration with Torque.
Industrial Sector Expansion
Secured partnerships with Nikon and SICK AG for industrial applications, with plans for commercial deployments and a target to increase industrial sensor shipments by 1000% in 2025.
Financial Growth
Achieved over 100% revenue growth in 2024 and targets 70% to 100% growth in 2025, with a plan to reduce operating expenses by 10% to 20%.
Atlas Ultra Introduction
Introduced Atlas Ultra, a new automotive grade 4D LiDAR, at CES with improved resolution and integration options.