Report
John Roy, Ph.D

Initiation Update: New Management Focusing on Automotive First

AEye is the global leader in adaptive, high-performance LiDAR solutions. Its software-driven LiDAR platform (4Sight™ Intelligent Sensing Platform [4Sight]) and its partnering and licensing business model are key to AEye’s differentiation and significant multi-market revenue runway. Near term, there are 6+ automotive OEM nominations with six to 10 million LiDAR units providing more than $5 billion in gross revenue opportunity. Longer term, the LiDAR total addressable market (TAM) is expected to grow from $3 billion to $42 billion over the next 10 years... AEye’s secret sauce is its flexible and adaptive technology, 4Sight, which is a complete bistatic system that allows software to control its focus in real time, much like sophisticated military systems. This capability allows artificial intelligence (AI)driven dynamic asset applications to be built for multiple markets from the same hardware. The company is starting with automotive, but there is significant runway beyond that... The biggest design win to date is with Tier 1 auto supplier Continental, which selected AEye to meet premium OEM requirements...
Underlying
AEYE INC

Provider
Water Tower Research
Water Tower Research

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Analysts
John Roy, Ph.D

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