
Selection Validates Aeva’s Leadership in Perception for Advanced Automated Driving
Program Focused on Common Platform for OEM’s Global Production Vehicle Line Across Multiple Car Brands
MOUNTAIN VIEW, Calif., Feb. 26, 2026 – Aeva®
(Nasdaq: AEVA), a leader in next-generation sensing and perception
systems, today announced that a top 5 global passenger OEM has selected
Aeva for its vehicle development program. The program focuses on the
recently introduced Aeva Atlas™ Ultra
4D LiDAR sensor for the OEM’s next-generation global production vehicle
platform, and will further refine sensor configuration, integration and
performance validation.
The selection builds upon Aeva’s momentum as a trusted direct Tier-1
supplier to global automotive OEMs and autonomous vehicle developers,
underscoring the industry’s accelerating shift toward 4D LiDAR
technology for enhanced safety, performance and reliability.
“This selection by one of the world’s most respected OEMs further
validates the growing interest for our perception platform and
strengthens our momentum in bringing Atlas Ultra to additional
production vehicle platforms,” said Soroush Salehian, Co-Founder and CEO
of Aeva. “Atlas Ultra’s combination of high resolution, long-range
perception, and slim design positions it well for enabling advanced
automated driving on future vehicle platforms.”
Built on Aeva’s industry-leading perception platform, Atlas Ultra
delivers simultaneous range and velocity detection along with high
resolution at ranges up to 500 meters. Its slim form factor allows for
seamless integration and high-performance sensing in highway-speed and
urban automated driving applications.
Aeva anticipates a large-scale production program award opportunity following the completion of the development program.
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, manufacturing
automation and smart infrastructure, to robotics and consumer
devices. Aeva is accelerating autonomy with its
groundbreaking perception platform that integrates lidar-on-chip
technology, system-on-chip processing, and perception algorithms onto
silicon leveraging silicon photonics. Aeva 4D LiDAR sensors
uniquely detect velocity and position simultaneously, allowing automated
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 Eve,
Aeva Omni, 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, potential applications, and the
timing of production, and market adoption. 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,
(iii) the ability to implement business plans, forecasts, and other
expectations and to identify and realize additional opportunities, (iv)
market acceptance of the OEMs products, (v) the risk that the OEM may
not pursue the program as currently anticipated, (vi) unforeseen errors
or defects, (vii) the ability to ship products in a timely manner,
(viii) Aeva’s ability to scale production, (ix) market acceptance of
LiDAR technology, (x) general economic conditions and other material
risks and other important factors that could affect our financial
results. 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."