Live Demo Breaks New Ground - Enabling Autonomous Vehicles to Collect Real-time High Density Point Clouds While Simultaneously Detecting Objects up to 300 Meters

SAN FRANCISCO--(BUSINESS WIRE)--AEye Inc, a robotic vision pioneer, today announced completion of a successful live metropolitan demo showcasing its solid state commercial LiDAR system with 360° vehicle coverage. AEyes high performance system employs a dense 150-vertical-channel LiDAR scanner, paired with region of interest configurability, for enhanced ranges up to 300 meters. AEye is the first to announce a commercial solid state system capable of 360° coverage and real-time software configurability - key milestones for the delivery of high performance, compact, cost-effective advanced vision systems that enable self-driving vehicles to safely navigate roadways.

.@AEyeInc demos first commercial 360 degree solid state #LiDAR system for #autonomous vehicles
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"This milestone reflects a leap into next generation vision systems, in which solid state systems combine best-in-class technology to achieve distance, frame-rate, and resolution previously unattainable," said Luis Dussan, founder and CEO of AEye. "This is just the starting point for AEye. Our systems use of intelligent sensing and software-definable LiDAR (SDL) will catalyze rapid innovation and world class perception capabilities, enabling OEMs, Tier-1 suppliers, and mobility companies to successfully tackle their toughest corner cases."

AEyes integrated system architecture and advanced algorithms emulate how the visual cortex pre-processes and customizes information sent to the brain. The system pre-fuses computer vision and 1550 nanometer band LiDAR for intelligent data collection and rapid perception and motion planning. AEyes software-configurable hardware enables vehicle control system software to selectively customize data collection in real-time, while optional edge processing reduces control loop latency for optimal performance and safety. By having a visual cortex behind the "eyes" of the vehicle that digests information quickly and efficiently, AEye improves reliability, lowers power requirements and reduces median system bandwidth requirements - advances that are key to providing high resolution and low latency mobility solutions. In addition, Its unique MEMS-based design allows for rapid development, customization, and cost-effective manufacturing at scale.

AEye is currently testing its system with large transportation and heavy industry OEMs and conducting demonstrations with key mobility and supply chain partners, with phased commercial rollouts planned throughout 2017 and 2018. For more information or to schedule a demo, contact demo@aeye.ai.

About AEye

AEye develops advanced vision hardware, software and algorithms that act as the eyes and visual cortex of autonomous vehicles. Since the demonstration of its first solid state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing and perception technology. The company is based in the San Francisco Bay Area, and backed by world-renowned investors including Kleiner Perkins Caufield & Byers, Intel Capital and Airbus Ventures. For more information, please visit www.aeye.ai.