AEye Announces Groundbreaking Immersive Lidar Experience for Attendees at CES 2023 - Business Wire

DUBLIN, Calif.--(BUSINESS WIRE)--AEye, Inc. (NASDAQ: LIDR), a planetary person successful adaptive, high-performance lidar solutions, invites attendees to an immersive lidar acquisition astatine the Consumer Electronics Show (CES), taking spot January 5 - 8, 2023 successful Las Vegas. Visitors to AEye’s indoor and outdoor grounds areas tin acquisition lidar first-hand by stepping wrong a virtual world lidar information constituent cloud, walking done a live, lidar-monitored crosswalk, and riding done the streets of Las Vegas successful AEye’s ShadowVan objection vehicle.

To acquisition the powerfulness and precision of adaptive lidar, sojourn AEye booth #3429 successful the West Hall of the Las Vegas Convention Center (LVCC), and astatine the unrecorded objection country extracurricular the LVCC, successful the West Hall lot. To acceptable up a gathering oregon docket a demo, interaction CES@aeye.ai.

Safer Mobility for All

AEye lidar enables safer mobility for each modes of proscription - from cars and trucks, to pedestrians and cyclists. Roadway fatalities proceed to summation astatine an alarming rate, and are astatine a 16-year high, with astir 50,000 fatalities annually owed to centrifugal conveyance and pedestrian-vehicle postulation collisions. At CES, AEye volition show however reducing those numbers utilizing exertion is imaginable - now. The institution volition besides merchandise findings of its “Safer Mobility Survey,” conducted successful concern with the Partners for Automated Vehicle Education (PAVE), which gauges Americans’ views connected roadworthy information for each roadworthy users, including drivers, pedestrians, and bicyclists.

An Immersive Lidar Experience

Through a bid of interactive demonstrations, visitors to AEye’s West Hall locations volition larn however adaptive lidar improves pedestrian safety, enables safe, high-speed road ADAS and autonomous functionality, and future-proofs autonomous development.

Attendees tin sojourn AEye successful 1 of 2 locations for an immersive lidar demo experience:

Inside, astatine booth #3429, successful the LVCC West Hall:

• Journey done a constituent cloud – Don a virtual world headset and locomotion done a constituent unreality to spot first-hand however lidar accurately captures accusation astir the 3D world.
• Experience a lidar-monitored crosswalk – Walk done a live, lidar-monitored crosswalk to spot however adaptive lidar works successful real-time to place and way pedestrians successful a portion successful bid to amended assemblage monitoring and heighten pedestrian safety.

Outside, successful the LVCC West Hall lot:

• Take a Ride successful AEye’s ShadowVan – Experience Continental’s HRL131 Long Range Lidar accumulation intent sample, built connected AEye’s 4Sight™ Intelligent Sensing Platform, arsenic it reconfigures show modes on-the-fly for optimized cognition successful antithetic driving environments, specified arsenic parking lots, metropolis streets, and highways.
• Immerse yourself successful a constituent cloud – Put connected a VR headset and alert done a live, long-range constituent unreality to spot however it accurately captures the satellite successful 3D.
• Try retired AEye’s SteadiCam – Adjust the transportation space of the adaptive lidar successful this interactive bundle demo to spot however the HRL131 merchandise adapts to roadworthy slopes, velocity bumps, and potholes on-the-fly.

AEye volition besides enactment successful a sheet connected the “Anatomy of Autonomy” astatine SAE’s CES Connect2Car event. The panel, scheduled for January 5 astatine 10am PT, volition diagnostic AEye’s laminitis and CTO Luis Dussan, arsenic good arsenic executives from Aurora, Uber, and Ford.

AEye’s 4Sight Intelligent Sensing Platform is the industry’s lone adaptive, solid-state, and software-definable lidar platform. It utilizes adaptive lidar to amended the probability of detection and accuracy of classification – complementing existing sensors and expanding the velocity and accuracy of decision-making. As a software-definable platform, 4Sight facilitates the merchandise of caller industry-advancing applications crossed the standard of autonomy, future-proofing automotive improvement and paving the mode for the software-defined car, portion allowing for aggregate ITS applications and some long- and-short-range detection utilizing lone 1 sensor. For much accusation connected AEye’s solutions crossed markets, sojourn https://www.aeye.ai/.

About AEye

AEye’s unsocial software-defined lidar solution enables precocious driver-assistance, conveyance autonomy, astute infrastructure, logistics, and off-highway applications that prevention lives and propel the aboriginal of proscription and mobility. AEye’s 4Sight™ Intelligent Sensing Platform, with its adaptive sensor-based operating system, focuses connected what matters most: delivering faster, much accurate, and reliable information. AEye’s 4Sight™ products, built connected this platform, are perfect for dynamic applications which necessitate precise measurement imaging to guarantee information and performance. AEye has a planetary beingness done its offices successful Germany, Japan, Korea, and the United States.

FORWARD LOOKING STATEMENT

Certain statements included successful this property merchandise that are not humanities facts are forward-looking statements wrong the meaning of the national securities laws, including the harmless harbor provisions nether the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes accompanied by words specified arsenic “believe,” “continue,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “predict,” “plan,” “may,” “should,” “will,” “would,” “potential,” “seem,” “seek,” “outlook,” and akin expressions that foretell oregon bespeak aboriginal events oregon trends, oregon that are not statements of humanities matters. Forward-looking statements are predictions, projections, and different statements astir aboriginal events that are based connected existent expectations and assumptions and, arsenic a result, are taxable to risks and uncertainties. Forward looking statements included successful this property merchandise see statements astir AEye’s lidar level successful general, the demonstrations of AEye products AEye plans to supply astatine the 2023 Consumer Electronics Show, and the features, capabilities, and benefits of AEye’s lidar platform, among others. These statements are based connected assorted assumptions, whether oregon not identified successful this property release. These forward-looking statements are provided for illustrative purposes lone and are not intended to service arsenic and indispensable not beryllium relied connected by an capitalist arsenic a guarantee, an assurance, a prediction, oregon a definitive connection of information oregon probability. Actual events and circumstances are precise hard oregon intolerable to foretell and volition disagree from the assumptions. Many existent events and circumstances are beyond the power of AEye. Many factors could origin existent aboriginal events to disagree from the forward-looking statements successful this property release, including but not constricted to: (i) the risks that CES whitethorn not beryllium held arsenic scheduled, oregon astatine all; (ii) the risks that AEye whitethorn beryllium incapable to be CES for immoderate reason, including related to the on-going Covid-related pandemic; (iii) the risks that immoderate oregon each of the interactive demonstrations planned by AEye whitethorn not beryllium disposable to the grade anticipated, oregon astatine all; (iv) the risks that AEye’s lidar exertion whitethorn not alteration safer mobility oregon trim roadway fatalities to the grade anticipated, oregon astatine all; (v) the risks that AEye’s exertion whitethorn not amended pedestrian safety; alteration safe, high-speed road ADAS; oregon amended autonomous functionality to the grade anticipated oregon astatine all; (vi) the risks that AEye’s exertion whitethorn not expect each issues specified that it tin beryllium deemed sufficiently future-proof to the grade anticipated; (vii) the risks that immoderate oregon each of the scheduled panelists for the “Anatomy of Autonomy” sheet whitethorn beryllium incapable to attend, oregon the sheet whitethorn not hap arsenic planned; (viii) the risks that AEye whitethorn beryllium incapable to enactment successful the sheet connected the “Anatomy of Autonomy;” (ix) the risks that AEye’s 4Sight Intelligent Sensing Platform whitethorn not amended the probability of detection oregon accuracy of classification to the grade anticipated, oregon astatine all; (x) the risks that AEye’s 4Sight Intelligent Sensing Platform whitethorn not complement existing sensors oregon summation the velocity and accuracy of decision-making to the grade anticipated, oregon astatine all; (xi) the risks that AEye’s 4Sight Intelligent Sensing Platform whitethorn not facilitate the merchandise of caller industry-advancing applications to the grade anticipated, oregon astatine all; (xii) the risks that AEye’s 4Sight Intelligent Sensing Platform whitethorn not future-proof automotive improvement to the grade anticipated, oregon astatine all; (xiii) the risks that AEye’s 4Sight Intelligent Sensing Platform whitethorn not let for aggregate ITS applications and some long- and-short-range detection utilizing lone 1 sensor; (xiv) the risks that AEye’s products whitethorn not relation arsenic anticipated by AEye oregon by AEye’s people markets and customers; (xv) the hazard that laws and regulations are adopted impacting the usage of lidar that AEye is incapable to comply with, successful full oregon successful part; (xvi) changes successful competitory and regulated industries successful which AEye operates, variations successful operating show crossed competitors, and changes successful laws and regulations affecting AEye’s business; (xvii) the risks that AEye whitethorn not proceed to execute against its concern program to the grade anticipated, oregon astatine all; (xviii) the risks that lidar adoption occurs slower than anticipated oregon fails to hap astatine all; (xix) the risks that AEye whitethorn not beryllium successful a presumption to adequately oregon timely code either the adjacent oregon semipermanent opportunities that whitethorn oregon whitethorn not beryllium successful the evolving autonomous proscription industry; (xx) the risks that AEye is incapable to adequately instrumentality concern plans, forecasts, and different expectations, and place and recognize further opportunities; and (xxi) the risks of downturns and a changing regulatory scenery successful the highly competitory and evolving manufacture successful which AEye operates. These risks and uncertainties whitethorn beryllium amplified by the COVID-19 pandemic, including the Delta and Omicron variants, arsenic good arsenic aboriginal variants and subvariants, which has caused important economical uncertainty. The foregoing database of factors is not exhaustive. You should cautiously see the foregoing factors and the different risks and uncertainties described successful the “Risk Factors” conception of the Quarterly Report connected Form 10-Q that AEye has astir precocious filed with the U.S. Securities and Exchange Commission, oregon the SEC, and different documents filed by america oregon that volition beryllium filed by america from clip to clip with the SEC. These filings place and code different important risks and uncertainties that could origin existent events and results to disagree materially from those contained successful the forward-looking statements. Forward-looking statements talk lone arsenic of the day they are made.

Readers are cautioned not to enactment undue reliance connected forward-looking statements; AEye assumes nary work and does not mean to update oregon revise these forward-looking statements, whether arsenic a effect of caller information, aboriginal events, oregon otherwise. AEye gives nary assurance that AEye volition execute immoderate of its expectations.