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Digitale Schiene Deutschland Selects Aeva to Supply LiDAR for the AutomatedTrain Project [Yahoo! Finance]

Aeva Technologies, Inc. (AEVA) 
Company Research Source: Yahoo! Finance
MOUNTAIN VIEW, Calif., June 17, 2024 BUSINESS WIRE Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced that the sector initiative Digitale Schiene Deutschland has selected Aeva's 4D LiDAR technology to support state-of-the-art perception and localization in the AutomatedTrain project. The Digitale Schiene Deutschland initiative is managed by DB InfraGO AG, part of Germany's national railway operator Deutsche Bahn. The AutomatedTrain project, funded by the German Federal Ministry of Economic Affairs and Climate Action with collaboration from ten partners, including Siemens Mobility and Bosch Engineering, aims to create and trial driverless, fully automated passenger train dispatch and parking functionality by 2026. To achieve this goal, two regional trains will be equipped with smart sensor technologies, including LiDAR, to enable the detection of their surroundings for full automation and reaction to obstacles, similar to how self-drivin Show less Read more
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