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AEye (LIDR) Introduces Industry's First Adaptive Lidar Simulation Suite on NVIDIA DRIVE Sim

AEye (LIDR) Introduces Industry's First Adaptive Lidar Simulation Suite on NVIDIA DRIVE Sim
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Reuters Events FREE Webinar: The Software Defined Vehicle


London, United Kingdom (Newsfile Corp. - April 26, 2022) - The chip shortage will cost the global auto industry $210 billion in revenues and lost production of 7.7 million vehicles in 2021 alone. Its ....

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Lidar supplier AEye inks deals with Continental, TuSimple


A TuSimple self-driving truck is pictured in this undated handout photo. TuSimple/Handout via REUTERS
July 16, 2021
By Stephen Nellis
(Reuters) -Self-driving sensor maker AEye Inc on Wednesday said it had struck deals with German automotive supplier Continental AG and autonomous trucking firm TuSimple related to its technology.
AEye makes what is called lidar, which helps self-driving vehicles gain a three-dimensional view of the road using laser light. The company plans to become publicly traded this year as part of a merger with CF Finance Acquisition Corp III, a blank check firm backed by financial services firm Cantor Fitzgerald. In May, the two said AEye’s valuation fell from $2 billion to $1.52 billion. ....

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