AEye Expands OPTIS™ Perception Ecosystem by Signing Strategic Partnership with Vueron

PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined, high-performance lidar solutions, today announced a strategic partnership with Vueron, to incorporate Vueron’s real-time 3D perception software into the OPTIS™ ecosystem. AEye is continuing to expand the reach of OPTIS™ by delivering on its commitment to create a full-stack 3D visual awareness system that delivers real-time detection and analysis across critical use cases in automotive, infrastructure, transportation, and safety applications.

“Adding Vueron as a perception partner within the OPTIS™ ecosystem is a natural fit,” said Matt Fisch, CEO of AEye. “By combining AEye’s Apollo lidar — capable of detecting objects at distances of up to one kilometer — with Vueron’s dynamic perception technology, we are delivering a highly scalable and intelligent sensing solution to address the needs of multiple markets.

“This collaboration enables new use cases spanning ADAS and autonomy while also expanding the reach of our OPTIS™ full stack solution across key sectors including intelligent transportation systems, mining, rail safety applications, and perimeter security. We’re excited to bring this enhanced OPTIS™ solution to our customers across multiple markets.”

Joseph Kim, CEO of Vueron, said, “AEye’s top performing Apollo lidar pairs naturally with our dynamic perception technology to deliver intelligent, long-range sensing for moving vehicles. Together, through OPTIS™, we’re enabling scalable solutions for automotive ADAS and autonomy, as well as intelligent transportation and critical infrastructure applications.”

About AEye

AEye offers a suite of unique software-defined lidar solutions that address a wide range of real-world needs including advanced driver-assistance, vehicle autonomy, smart infrastructure, security, defense, and logistics applications. 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, AEye also offers Stratos™ with the ability to detect objects at up to one-and-half kilometers as well as 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 benefits anticipated to result from the strategic partnership of AEye and Vueron, the performance expectations associated with the combination of AEye’s hardware and Vueron’s software, and the enablement of new use cases spanning ADAS and autonomy as well as other key sectors, 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 strategic partnership with Vueron may not yield the benefits to AEye to the extent or in the time frame anticipated, or at all; (ii) the risks that AEye may be unable to incorporate Vueron’s real-time 3D perception software into the OPTIS™ ecosystem to the extent or in the time frame anticipated, or at all; (iii) the risks that AEye may be unable to expand the reach of OPTIS™ or deliver a full-stack 3D visual awareness system that delivers real-time detection and analysis to the extent or in the time frame anticipated, or at all; (iv) the risks that Apollo may not be able to detect all objects in all scenarios at distances of up to one kilometer; (v) the risk that the combination of Apollo and Vueron’s dynamic perception technology may not deliver a highly scalable and intelligent sensing solution that addresses the needs of multiple markets to the extent or in the time frame anticipated, or at all; (vi) the risks that this collaboration may not enable new use cases in ADAS and autonomy nor expand the reach of the OPTIS™ full stack solution across key sectors to the extent or in the time frame anticipated, or at all; (vii) the risks that the OPTIS may not enable scalable solutions for automotive ADAS and autonomy, as well as intelligent transportation and critical infrastructure applications to the extent or in the time frame anticipated, or at all; (viii) the risks that lidar adoption may occur slower than anticipated or fail to occur at all; (ix) the risks that AEye’s products may not meet the diverse range of performance and functional requirements of target markets and customers; (x) the risks that AEye’s products may not function as anticipated by AEye, or by target markets and customers; (xi) 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; (xii) 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; (xiii) 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; (xiv) the risks that AEye is unable to adequately implement its business plans, forecasts, and other expectations, and identify and realize additional opportunities; and (xv) 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.