Aeva Selected by Sensys Gatso in Australia for Secondary Speed Verification Solution

Aeva 4D LiDAR Incorporated into Sensys Gatso Australia Mobile Speed Enforcement Solutions

MOUNTAIN VIEW, Calif. & PORT MELBOURNE, Australia--(BUSINESS WIRE)--Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced that Sensys Gatso Australia has selected Aeva as its exclusive LiDAR supplier for secondary speed detection in its new mobile speed detection products used for enforcement solutions on public roads in Australia.

Sensys Gatso’s industry-leading products include portable speed enforcement solutions that help address speeding problems to improve road safety at high-risk locations. The newest version of the portable solution in Australia incorporates Aeva Atlas™ 4D LiDAR as a secondary speed verification function to complement its core radar detection technology.

“By adding Aeva’s 4D LiDAR technology into our portfolio of mobile products, our customers have a multi-modal speed enforcement solution in Australia which includes independent secondary speed verification that can be deployed almost anywhere,” said Enzo Dri, Managing Director of Sensys Gatso Australia. “This demonstrates our commitment to using technologies to help improve road safety and traffic behavior so that road travel throughout Australia becomes safer and more sustainable.”

“Sensys Gatso Australia has selected Aeva 4D LiDAR for its unique capabilities to support local customer requirements for secondary speed detection in Australia,” said Soroush Salehian, Co-Founder and CEO at Aeva. “This win highlights the growing demand for Aeva’s solutions in the industrial market and we look forward to supporting their successful deployment of this LiDAR-based solution in Australia.”

About Sensys Gatso

Sensys Gatso is the leading provider of automated traffic enforcement solutions with a strong global presence. Our mission is saving lives by changing the driving behavior of motorists. We are firmly committed to improving road safety by reducing vehicle speed and red light negation, by optimizing traffic flows and by contributing to a sustainable urban environment, always in close partnership with governments and other authorities all over the world.

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, consumer electronics, consumer health, security and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.

Forward-looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements include, but are not limited to expectations about our product features, performance and our relationship with Sensys Gatso. 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. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history and limited history of shipping significant product volumes, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the ability for Aeva to have its products selected for inclusion in OEM products, (v) the ability to manufacture at volumes and costs needed for commercial programs, (vi) that any programs into which our products may be designed will result in significant end customer sales, (vii) unforeseen project delays or product issues, such as difficulties or delays in shipping, manufacturing or installation, and (viii) other material risks and other important factors that could affect our financial results that are further described in our filings with the SEC. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. 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. Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva 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. Aeva does not give any assurance that it will achieve its expectations.