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Stock impact report

AEye’s Apollo Excels in Field Testing Demonstrating Unmatched Performance at 1 Kilometer

AEye, Inc. - Class A (LIDR) 
Company Research Source: Business Wire
PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, announced that its Apollo lidar sensor has achieved outstanding results during recent field testing where it consistently delivered high-resolution data at distances exceeding one kilometer. This breakthrough is believed to be a first within the lidar industry and demonstrates Apollo’s potential to significantly enhance both automotive safety and security applications, making it a standout in the growing lidar market.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003607713/en/In the most recent phase of testing, Apollo accurately detected vehicles and other objects on a busy freeway at distances beyond one kilometer. AEye has been conducting tests with customers, Tier 1 partners, and OEMs, and received overwhelmingly positive feedback as Apollo proved its ability to gather detailed, high-qual Show less Read more
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