Recently, the Automated Vehicle Safety Consortium (AVSC) released guidelines to help these companies evaluate the competency of their automated cars and trucks. Part of the technology that makes automated driving possible is light detection and ranging (LiDAR), which determines ranges using lasers scanning the environment to develop high-resolution 3D maps of the surrounding area.

AEye says that its state-of-the-art 4Sight Adaptive LiDAR system uses artificial intelligence (AI) and edge processing to give both industrial and automotive original equipment manufacturer (OEM) customers the power to customize performance and add their own compelling features. These businesses can leverage AEye’s software-configurable platform to adapt the sensor’s scan patterns to address their specific needs and use cases, as well as its modular architecture to optimize for placement in various locations on the vehicle. Whether they need long-range abilities for applications like highway autopilot, a wide field-of-view for traffic and merging situations, or highly specialized systems to address specific needs in markets like rail, ITS and construction, AEye believes its software-driven model can not only accommodate, but excel.

With the flexibility of AEye’s product and its unique business model, the company offers a high margin, capital-light business model that drives scale and reduces cost. AEye uses a single product platform and supply chain across industries, and goes to market through Tier 1 suppliers in automotive, and contract manufacturers and system integrators in industrial markets. In this way, AEye is able to increase efficiencies and accelerate the rollout of targeted systems that address specific needs in the market through key partnerships.

For example, AEye has licensed its 4Sight platform to Continental, one of the world's leading suppliers of ADAS solutions, which includes the installation of more than 20 million LiDAR systems in over 60 different vehicle models, to mass produce a custom long-range LiDAR system for use in applications like highway autopilot. In other vertical markets, like Intelligent Traffic Systems (ITS), AEye is working with its system integrator partners to help companies like Mitsubishi Electric enhance their smart cities applications.

AEye claims to have the only LiDAR platform that can adapt through software and meet the wide-ranging needs of markets and customers. Using the knowledge acquired at places like Lockheed Martin Corp. (NYSE:LMT) and Northrop Grumman Corp. (NYSE:NOC), the company applies the same principles to its products as those found in targeting systems on fighter jets. The company’s unique adaptive 4Sight platform introduces a Bistatic MEMS scanner and receiver that allows for better information using less data and accurate decision-making — faster.

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