AEVAW

Aeva Technologies, Inc. designs and manufactures frequency modulated continuous wave (FMCW) sensing and perception systems for automotive, industrial, and consumer applications. Headquartered in Mountain View, California, the company was founded in 2017 by former Apple engineers and went public through a SPAC merger with InterPrivate Acquisition Corp. in March 2021. Aeva develops 4D LiDAR-on-chip sensors that measure instantaneous velocity in addition to range, reflectivity, and position, enabling enhanced perception capabilities for autonomous vehicles and automation systems. The company's proprietary silicon photonics technology integrates LiDAR sensing onto a chip, aiming to reduce size, cost, and power consumption compared to traditional mechanical LiDAR systems. Aeva maintains partnerships with major automotive manufacturers and has secured production agreements with commercial vehicle makers including Daimler Truck and TuSimple. The company operates research, development, and manufacturing facilities in the San Francisco Bay Area. As of recent reports, Aeva employs approximately 200 people and continues to focus on advancing its 4D LiDAR technology toward mass production. The ticker AEVAW represents warrants to purchase Aeva common stock, with each warrant typically allowing holders to buy shares at a predetermined exercise price, separate from the company's common stock trading under ticker AEVA.