reports
- John Roy
- Ph.D
4Q23 Cash Burn Lower, New Product Announced, and LOI Signed with Autom...
While AEye announced 4Q23 revenue of $0.1 million and reduced cash burn again, the real story was the signing of a letter-of-intent with a Tier 1 automotive ADAS sensor supplier. CEO Matt Fisch said this, “marks the beginning of a new relationship as part of our capital-light, automotive-first strategy.” AEye announced its first 4Sight Flex product, Apollo, which will target L2+, L3, and L4 applications in the automotive market. This long-range, lightweight product uses 1550 nanometer lidar and...
- John Roy
- Ph.D
COO Highlights Product Focus and Possibilities for New Tier 1 Partners
On February 21, WTR hosted a fireside chat with COO T.R. Ramachandran. This report contains a transcript of the conversation, which can be accessed on-demand. The link is accessible in our full report. Ramachandran talked about the three main facets of his COO role at AEye: (1) product management, which makes sure its products are a good fit; (2) engineering, which makes sure its products cannot only be built and delivered but are also robust and perform well; and (3) operations, which is all ab...
- John Roy
- Ph.D
CEO Discusses Challenges over the Last Year and How Its Capital-Light ...
On February 5, WTR held a fireside chat with CEO Matt Fisch. This report contains a transcript of the conversation, and on-demand accessible in a link in our full report. Fisch talked about his first year as CEO and the challenges he has faced. He was forthright about the disappointment surrounding Continental’s financial decision to cease work on the partnership with AEye, but he is seeing a lot of doors open up that were not open before. Fisch highlighted how the company’s capital-light model ...
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