AEye, Inc. Announces Partnership with LITEON Technology Corporation
May 10, 2024 at 02:30 am IST
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AEye, Inc. announced that the non-binding Letter of Intent announced in March is with LITEON Technology Corporation and is intended to provide AEye with a customer channel and industrialization partnership. Both companies will work together to supply AEye's 4Sight??-based lidar products to automotive original equipment manufacturers (OEMs) who are focused on safety through automotive Advanced Driver Assistance Systems (ADAS). This is a logical collaboration as AEye continues to focus on its unique capital light business model, which leverages automotive Tier 1 partnerships to deliver AEye's lidar solutions to OEMs through world-class pipelines.
AEye, Inc. is a provider of active lidar systems technology for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications. Its software-definable 4Sight Intelligent Sensing Platform combines solid-state active lidar, an optionally fused low-light high dimension camera, and integrated deterministic artificial intelligence to capture intelligent information. 4Sight Intelligent Sensing Platform enables the integration of various types of sensor inputs, including camera, lidar, and radar. 4Sight products are developed on this framework and incorporate both camera and lidar sensors. 4Sight Intelligent Sensing Platform includes 4Sight at Design, Triggered 4Sight, Responsive 4Sight and Predictive 4Sight. 4Sight at Design enables customers to create a single, deterministic scan pattern to deliver optimal information for any specific use case. 4Sight leverages a common architecture to create application-specific products across the automotive and industrial markets.
AEYE, INC. 
