Latest news with #MattFisch
Yahoo
2 days ago
- Business
- Yahoo
AEye Launches OPTIS™: A Complete Physical AI Solution, Powered by NVIDIA's Jetson Orin, that Delivers the Future of Smart Transportation, Safety, and Security
PLEASANTON, Calif., July 28, 2025--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a pioneer in high-performance lidar technology and creator of the Apollo lidar sensor, today announced that it has begun field deployments of OPTIS™, a full-stack, flexible lidar solution designed to transform how customers across industries perceive and respond to their unique environments. As industries demand more real-time insight, greater operational efficiency, and adaptable technology, the need for a smarter, integrated sensing solution has become increasingly clear. OPTIS™ was purpose-built to meet this need, bridging the gap between perception and action in dynamic and complex settings. AEye is currently working with a curated group of partners to facilitate the unique step of opening its platform to a broad set of developers, which will allow OPTIS™ to incorporate a wide variety of innovative AI solutions. By combining AEye's long-range, software-defined Apollo lidar technology, capable of detecting objects up to one kilometer away, with advanced computing and physical AI, we expect to deliver integrated solutions to unlock new revenue streams and enhance the operational efficiency of our customers. OPTIS™ is a complete autonomous system that delivers high-resolution 3D perception of the physical world and enables real-time interpretation and responsive action. OPTIS™ is designed to enhance legacy infrastructure and to help fuel the transformation to intelligent, connected systems as the world shifts towards smart infrastructure enabled by physical AI. Leveraging Apollo's software-defined architecture, OPTIS™ customers should benefit from faster updates, lower total cost of ownership, and easier integration, eliminating the delays and complexity common with traditional hardware upgrades. "OPTIS™ enables AEye and our partners to deliver tailored solutions that address critical challenges, whether it's navigating autonomous vehicles around obstacles, ensuring traffic safety by managing right-of-way traffic flow, or identifying objects on the tracks to enhance next-generation rail safety," said Matt Fisch, CEO of AEye. "With an estimated addressable market of over $50 billion, OPTIS™ is unlocking a significant opportunity for us to expand into high-value applications. I'm proud to share that we already have multiple deployments underway in varied applications like airport safety and security, perimeter monitoring, and transportation logistics." "OPTIS™ is the natural evolution of our technology," Fisch added. "It builds on the strengths of Apollo to deliver something more powerful: a system that can be tailored to customer needs without requiring costly or time-intensive hardware changes. Powered by NVIDIA's Jetson Orin, OPTIS™ stands out as a best-in-class solution that drives rapid decision making where speed and precision matter most. This gives AEye, and our customers, a meaningful edge. As AEye continues to redefine what lidar can do, OPTIS™ marks a leap forward for the future of intelligent sensing and mobility." We're excited to officially launch and showcase OPTIS™ at the upcoming ITS World Congress in Atlanta, taking place from August 24 - 28, 2025. Visitors to our booth will get a firsthand look at how OPTIS™ is redefining intelligent infrastructure through high-resolution 3D perception and real-time responsiveness. This marks a major milestone for AEye as we bring our next-generation solution to the global stage and engage directly with industry leaders, partners, and customers. About AEye AEye offers unique software-defined lidar solutions that enable advanced driver-assistance, vehicle autonomy, smart infrastructure, security, and logistics applications that save lives and propel the future of transportation and mobility. AEye's flagship product, Apollo, has been widely recognized for its small form factor and its ability to detect objects at up to one kilometer. In addition to Apollo as a stand-alone sensor, AEye also offers a full-stack solution through its OPTIS™ platform. OPTIS™ provides a complete system that captures a high-resolution 3D image of the world, interprets it, and provides direction to act upon what it sees in real-time. Forward-Looking Statements Certain statements included in this press release that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes accompanied by words such as "believe," "continue," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "predict," "plan," "may," "should," "will," "would," "potential," "seem," "seek," "outlook," and similar expressions that predict or indicate future events or trends, or that are not statements of historical matters. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements about the features and abilities of the OPTIS™ product, the market need for the OPTIS™ solution, the ability to incorporate a variety of third-party physical AI solutions as a part of OPTIS™, the total addressable market of more than $50 billion for the OPTIS™ product, among others. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are very difficult or impossible to predict and will differ from the assumptions. Many actual events and circumstances are beyond the control of AEye. Many factors could cause actual future events to differ from the forward-looking statements in this press release, including but not limited to: (i) the risks that OPTIS™ may not meet the need for smarter, integrated sensing solutions to the extent anticipated, or at all; (ii) the risks that developers may not incorporate their innovative AI solutions in OPTIS™ to the extent anticipated, or at all; (iii) the risks that OPTIS™ may not allow AEye to deliver an integrated solution that unlocks new revenue streams or enhances the operational efficiency of our customers to the extent anticipated, or at all; (iv) the risks that OPTIS™ may not deliver high-resolution 3D perception of the physical world nor enable real-time interpretation and responsive action to the extent anticipated by the marketplace, or at all; (v) the risks that OPTIS™ may not enhance legacy infrastructure to the extent anticipated, or at all; (vi) the risks that the customer benefits from faster updates, lower total cost of ownership, and easier integration, may not be realized by customers to the extent anticipated, or at all; (vii) the risks that OPTIS™ may not deliver the tailored solutions to customers to the extent anticipated, or at all; (viii) the risks that the estimated addressable market for OPTIS™ may be significantly less than $50 billion; (xi) the risks that lidar adoption may occur slower than anticipated or fail to occur at all; (x) the risks that AEye's products may not meet the diverse range of performance and functional requirements of target markets and customers; (xi) the risks that AEye's products may not function as anticipated by AEye, or by target markets and customers; (xii) the risks that AEye may not be in a position to adequately or timely address either the near or long-term opportunities that may or may not exist in the evolving autonomous transportation industry; (xiii) the risks that laws and regulations are adopted impacting the use of lidar that AEye is unable to comply with, in whole or in part; (xiv) the risks associated with changes in competitive and regulated industries in which AEye operates, variations in operating performance across competitors, and changes in laws and regulations affecting AEye's business; (xv) the risks that AEye is unable to adequately implement its business plans, forecasts, and other expectations, and identify and realize additional opportunities; and (xvi) the risks of economic downturns and a changing regulatory landscape in the highly competitive and evolving industry in which AEye operates. These risks and uncertainties may be amplified by current or future global conflicts and current and potential trade restrictions, trade tensions, and tariffs, all of which continue to cause economic uncertainty. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the periodic report that AEye has most recently filed with the U.S. Securities and Exchange Commission, or the SEC, and other documents filed by us or that will be filed by us from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Investors are cautioned not to put undue reliance on forward-looking statements; AEye assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. AEye gives no assurance that AEye will achieve any of its expectations. View source version on Contacts Investor Relations Contacts Agency Contact Financial Profiles, Niu, CFAeniu@ 310-622-8243Company Contact AEye, Inc. Investor Relationsinfo@ 925-400-4366 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
5 days ago
- Business
- Time of India
AEye stock (LIDR) soars 54% after Nvidia partnership - is this the hottest AI stock on the market right now?
AEye, Inc. (NASDAQ: LIDR) saw a huge jump in its stock price this week — up 54%, after big news about a tech partnership with Nvidia. The reason? AEye's Apollo lidar system is now fully integrated into Nvidia's DRIVE AGX platform, which is used in smart and self-driving vehicles. This integration makes AEye a big player in the autonomous driving world, a sector many investors are watching closely. Investors got super excited — at one point during the day, AEye's stock hit $5.08, which was a 74% rise just in one day, according to the report by Shere Price Target. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Management CXO Project Management Finance MBA Healthcare Data Science Design Thinking PGDM Others Product Management healthcare Public Policy Cybersecurity Data Analytics others Technology Artificial Intelligence MCA Operations Management Digital Marketing Leadership Degree Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Overall, intraday trading pushed the stock up by more than 250%, making it one of the biggest short-term jumps in recent tech market history. This jump came after a long period where AEye was underperforming and people were unsure about its future, as per the reports. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo ALSO READ: AEye stock skyrockets 255% after game-changing Nvidia deal stuns Wall Street Why this Nvidia deal is a big deal Nvidia's DRIVE AGX platform is widely used by carmakers building self-driving cars, so getting on that system gives AEye huge exposure. AEye's Apollo system offers a 1-kilometer detection range, which is very advanced for lidar, and can receive over-the-air software updates, meaning it can improve without changing hardware, according to the report by Shere Price Target. Live Events CEO Matt Fisch said this move shows the world that AEye's tech works well and is ready for big markets. He also said that Apollo's compact design and flexible system help automakers make updates without changing the car's hardware — a major need in today's smart car designs. But it's not all perfect yet Even though the stock is up, analysts say investors should still be careful, as AEye is still losing money and hasn't shown consistent revenue growth. But being part of Nvidia's ecosystem adds credibility and could attract new business, especially as the industry moves toward fully autonomous vehicles, as stated by the report by Shere Price Target. ALSO READ: It vanished for 8 years, now this iconic app is coming back with a new feature, courtesy - Elon Musk What's coming next for AEye? AEye's next earnings call is on July 31, and investors are waiting for updates on: The Nvidia partnership progress New product news, especially the OPTIS suite, which targets smart transport and security markets For now, AEye is getting a lot of attention, and many wonder — could this be the next big AI stock? FAQs Q1. Why did AEye (LIDR) stock go up so much? AEye stock jumped after its Apollo lidar system got integrated into Nvidia's DRIVE AGX platform for self-driving cars. Q2. Is AEye a good AI stock to buy now? AEye gained attention after partnering with Nvidia, but analysts say it still needs steady growth before it's a strong long-term investment.
Time of India
6 days ago
- Automotive
- Time of India
AEye stock skyrockets 255% after game-changing Nvidia deal stuns Wall Street
AEye's stock shot up 151.33% during pre-market trading on July 24, 2025 — a massive jump that caught everyone's attention, according to Market data. Later that day, the stock skyrocketed a total of 255%, making it one of the biggest one-day gains seen this year on Wall Street. AEye is a tech company that makes lidar sensors, which are used to help self-driving cars 'see' the world around them. The big reason for this huge surge? AEye announced its Apollo lidar system is now officially integrated into NVIDIA's DRIVE AGX platform — a major platform used in building self-driving vehicles, as per the AEye press release. Explore courses from Top Institutes in Please select course: Select a Course Category PGDM Public Policy MCA Project Management Others Cybersecurity Finance Technology Management Digital Marketing others Data Science Operations Management Leadership Data Analytics Healthcare Artificial Intelligence Design Thinking Product Management Degree CXO Data Science MBA healthcare Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details ALSO READ: Tom Lee says Apple is ready to pounce on AI - and Wall Street has no idea what's coming by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Made in Italy from start to finish. Velasca Undo AEye's tech will now be used by big car companies This integration means AEye's tech now has direct access to top carmakers globally, through NVIDIA's large automotive network. This move is expected to speed up the use of AEye's lidar in millions of cars worldwide over the next few years. AEye's Apollo lidar is known for its 1-kilometer range and small size, making it one of the most advanced sensors out there, says AEye CEO Matt Fisch. CEO Matt Fisch said Apollo is software-defined, which means it can be improved over time with updates — just like a smartphone gets software upgrades. Live Events AEye is also working on new AI technology This also makes AEye a big player in the future of smart transportation, as cars become more digital and self-driving. AEye plans to share more info during its upcoming earnings call on July 31, according to the AEye press release. AEye also teased a brand-new product: OPTIS, a complete physical AI system that goes beyond just cars — it could be used for safety, security, and other smart mobility areas. This launch shows AEye is not just betting on self-driving cars — it's going for the entire future of smart cities and intelligent transportation. ALSO READ: Shaken by ChatGPT? Google's search share falls below 90% for the first time in a decade FAQs Q1. Why did AEye stock go up 255%? AEye stock surged after it announced a major partnership with Nvidia, integrating its Apollo lidar into Nvidia's self-driving car platform. Q2. What is AEye's deal with Nvidia about? AEye's lidar tech will now be used in Nvidia's DRIVE AGX platform, giving it access to top global carmakers for autonomous vehicles.
Business Wire
6 days ago
- Automotive
- Business Wire
Apollo Now Fully Integrated into NVIDIA's Autonomous Driving Platform, Paving the Way for Significant Growth
PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a pioneer in high-performance lidar technology, announced today that its flagship Apollo lidar has been fully integrated by NVIDIA into their DRIVE AGX platform, a critical part of NVIDIA's highly touted autonomous vehicle ecosystem. NVIDIA's designation gives AEye direct access to a global network of top-tier automakers who are currently working with NVIDIA to implement self-driving and next-generation driver assistance technologies. It's a major step toward getting AEye's technology into millions of passenger vehicles in the coming years. AEye CEO Matt Fisch commented, 'We are thrilled to now be officially certified as a part of NVIDIA's DRIVE AGX platform, a strong validation of Apollo's best-in-class capabilities. Apollo's industry-leading 1-kilometer range and compact form factor make it a standout solution across every market we serve. Now that Apollo is a part of the NVIDIA DRIVE ecosystem, we have a powerful channel to scale commercially across the automotive industry.' He added, 'AEye's lidar is software-defined, meaning it can be updated and improved over time without replacing the hardware. This feature fits perfectly into how vehicles are being built today: smarter, more connected, and designed to evolve over the life of the car. Our integration with NVIDIA DRIVE AGX positions AEye as a key player in the future of global mobility. I expect to provide more details on our earnings call scheduled for July 31. Moreover, in the coming days, we plan to share more about our newest offering, OPTIS – a complete physical AI solution designed to address the future of smart transportation, safety, and security beyond automotive.' About Apollo Apollo is the first product in AEye's 4Sight™ Flex next-generation family of lidar sensors and delivers best-in-class range and resolution in a small, power-efficient, low-cost form factor. Apollo supports options for integration behind the windshield, on the roof, or in the grille, which enables OEMs to implement critical safety features with minimal impact to vehicle design. Apollo is believed to be the only 1550 nm high-performance lidar capable of behind the windshield integration and capable of detecting vehicles and other objects at distances beyond one kilometer. About AEye AEye's unique software-defined lidar solution enables advanced driver-assistance, vehicle autonomy, smart infrastructure, and logistics applications that save lives and propel the future of transportation and mobility. AEye's 4Sight™ Intelligent Sensing Platform, with its adaptive sensor-based operating system, focuses on what matters most: delivering faster, more accurate, and reliable information. AEye's 4Sight™ products, built on this platform, are ideal for dynamic applications which require precise measurement imaging to ensure safety and performance. Forward-Looking Statements Certain statements included in this press release that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes accompanied by words such as 'believe,' 'continue,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'predict,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'potential,' 'seem,' 'seek,' 'outlook,' and similar expressions that predict or indicate future events or trends, or that are not statements of historical matters. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements about the potential benefits to AEye of the integration of Apollo into the NVIDIA DRIVE AGX platform, including AEye's access to top-tier automakers and a channel to scale commercially across the automotive industry, among others. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are very difficult or impossible to predict and will differ from the assumptions. Many actual events and circumstances are beyond the control of AEye. Many factors could cause actual future events to differ from the forward-looking statements in this press release, including but not limited to: (i) the risks that automakers may not work with NVIDIA to implement self-driving or next-generation driver assistance technologies to the extent anticipated, or at all; (ii) the risks that AEye's technology may not be integrated into passenger vehicles to the extent or in the time frame anticipated, or at all; (iii) the risks that the NVIDIA DRIVE ecosystem may not provide a powerful channel to scale commercially across the automotive industry to the extent anticipated, or at all; (iv) the risks that our integration with NVIDIA DRIVE AGX may not position AEye as a key player in the future of global mobility to the extent anticipated, or at all; (v) the risks that lidar adoption may occur slower than anticipated or fail to occur at all; (vi) the risks that AEye's products may not meet the diverse range of performance and functional requirements of target markets and customers; (vii) the risks that AEye's products may not function as anticipated by AEye, or by target markets and customers; (viii) the risks that AEye may not be in a position to adequately or timely address either the near or long-term opportunities that may or may not exist in the evolving autonomous transportation industry; (ix) the risks that laws and regulations are adopted impacting the use of lidar that AEye is unable to comply with, in whole or in part; (x) the risks associated with changes in competitive and regulated industries in which AEye operates, variations in operating performance across competitors, and changes in laws and regulations affecting AEye's business; (xi) the risks that AEye is unable to adequately implement its business plans, forecasts, and other expectations, and identify and realize additional opportunities; and (xii) the risks of economic downturns and a changing regulatory landscape in the highly competitive and evolving industry in which AEye operates. These risks and uncertainties may be amplified by current or future global conflicts and current and potential trade restrictions, trade tensions, and tariffs, all of which continue to cause economic uncertainty. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of the periodic report that AEye has most recently filed with the U.S. Securities and Exchange Commission, or the SEC, and other documents filed by us or that will be filed by us from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Investors are cautioned not to put undue reliance on forward-looking statements; AEye assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. AEye gives no assurance that AEye will achieve any of its expectations.
Business Wire
23-06-2025
- Automotive
- Business Wire
AEye Chosen as the Lidar Partner for GM-Sponsored All-Weather Autonomy Research Project at the University of Toronto
PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, has joined WinTOR, an all-weather autonomous driving solution project at the University of Toronto, designed to accelerate innovation in autonomous driving, artificial intelligence, and advanced perception technologies. This collaboration aims to develop cutting-edge perception solutions that will allow autonomous vehicles to successfully operate in all weather conditions, especially in heavy rain and snow-laden environments. 'We're thrilled to collaborate with the world-class team at WinTOR and the University of Toronto to advance the frontier of AI-driven sensing. Autonomous vehicles have traditionally been focused on fair-weather environments, as most ADAS systems can struggle in low-visibility conditions. With Apollo's record-breaking ability to detect objects at distances up to one kilometer we're helping redefine what is possible for autonomous mobility,' said Matt Fisch, CEO at AEye. 'Sponsored by General Motors, LG Electronics, Applanix, Navtech, and the Ontario Research Fund: Research Excellence, and led by the faculty sponsors of the teams from the University of Toronto that have won the AutoDrive Challenge six times in the past seven years, WinTOR is uniquely positioned to tackle one of autonomy's toughest challenges,' Fisch continued. We're proud to contribute our technology to a project that promises to make autonomy safer and more reliable worldwide.' 'Our team at WinTOR is thrilled to partner with AEye to advance the future of intelligent autonomous driving systems,' said Professor Steve Waslander, Director, Toronto Robotics and AI Laboratory at the University of Toronto's Faculty of Applied Science & Engineering. 'AEye's software-defined Apollo lidar provides a unique set of capabilities that we believe will enable significant advances in ADAS and autonomy in poor weather conditions, which is precisely why we created the WinTOR project. The AEye-WinTOR collaboration reinforces both organizations' commitment to pioneering advancements that shape the future of AI and autonomous systems.' About AEye AEye is the provider of unique software-defined lidar solutions that enable advanced driver-assistance, vehicle autonomy, smart infrastructure, and logistics applications that save lives and propel the future of transportation and mobility. Its latest sensor, Apollo, is a high-performance 1550nm lidar sensor capable of detecting objects at distances of up to one kilometer, and delivers exceptional resolution in a compact, power-efficient, and cost-effective form factor. Designed for flexible deployment, Apollo integrates into vehicles as well as fixed infrastructure to support both ADAS and intelligent transportation systems and is ideal for dynamic applications which require precise measurement imaging to ensure safety and performance. About WinTOR WinTOR is a premier research initiative at the University of Toronto focused on advancing computer vision, robotics, and AI-driven sensing technology. Through interdisciplinary collaboration, WinTOR pioneers research that enhances the capabilities of intelligent systems and autonomous solutions. Forward-Looking Statements Certain statements included in this press release that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes accompanied by words such as 'believe,' 'continue,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'predict,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'potential,' 'seem,' 'seek,' 'outlook,' and similar expressions that predict or indicate future events or trends, or that are not statements of historical matters. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements about the potential benefits of the WinTOR collaboration on advancing autonomous driving, especially in low-visibility and poor weather conditions, and the role the Apollo lidar may play in advancing low-visibility and poor weather autonomous driving, among others. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are very difficult or impossible to predict and will differ from the assumptions. Many actual events and circumstances are beyond the control of AEye. Many factors could cause actual future events to differ from the forward-looking statements in this press release, including but not limited to: (i) the risks that the collaboration may not develop cutting-edge perception solutions that allow autonomous vehicles to successfully operate in all weather conditions to the extent anticipated, or at all; (ii) the risks that the collaboration may not advance the frontier of AI-driven sensing to the extent anticipated, or at all; (iii) the risks that the project may not be able to make autonomy safer or more reliable to the extent anticipated, or at all; (iv) the risks that the Apollo lidar may not enable significant advances in ADAS and autonomy in poor weather conditions to the extent anticipated, or at all; (v) the risks that lidar adoption may occur slower than anticipated or fail to occur at all; (vi) the risks that AEye's products may not meet the diverse range of performance and functional requirements of target markets and customers; (vii) the risks that AEye's products may not function as anticipated by AEye, or by target markets and customers; (viii) the risks that AEye may not be in a position to adequately or timely address either the near or long-term opportunities that may or may not exist in the evolving autonomous transportation industry; (ix) the risks that laws and regulations are adopted impacting the use of lidar that AEye is unable to comply with, in whole or in part; (x) the risks associated with changes in competitive and regulated industries in which AEye operates, variations in operating performance across competitors, and changes in laws and regulations affecting AEye's business; (xi) the risks that AEye is unable to adequately implement its business plans, forecasts, and other expectations, and identify and realize additional opportunities; and (xii) the risks of economic downturns and a changing regulatory landscape in the highly competitive and evolving industry in which AEye operates. These risks and uncertainties may be amplified by current or future global conflicts and current and potential trade restrictions, trade tensions, and tariffs, all of which continue to cause economic uncertainty. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of the periodic report that AEye has most recently filed with the U.S. Securities and Exchange Commission, or the SEC, and other documents filed by us or that will be filed by us from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Investors are cautioned not to put undue reliance on forward-looking statements; AEye assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. AEye gives no assurance that AEye will achieve any of its expectations.
