Technologies said on Monday it had struck a deal with a to sell its sensors for use, such as automating production lines with machines and self-driving trucks.

Silicon Valley-based Aeva makes lidar sensors that help self-driving and other devices get a 3D view of the world around them. Aeva also uses the technology to detect how fast are moving, helping it differentiate stationary objects from pedestrians and other cars.

While Aeva is targeting the self-driving car market, it has also started selling its sensors to industrial companies. German company Sick AG, which helps factories automate production using machines and sensors, has agreed to use Aeva sensors for the industrial market, the company said.

The deal follows an earlier agreement between Aeva and Nikon to use Aeva’s sensors at the factory. Nikon is using the Aeva sensor to scan indoor manufactured items for microscopic defects from a few feet away, while Sick plans to use the sensor in outdoor applications to scan tens or hundreds of feet away, such as mining vehicles or logistics cranes loading containers in ports. potential use.

“The industry is very fragmented,” Aeva Chief Soroush Salehian told Reuters in an interview. “They’re actually our reliable, qualified (sales) channel partners, so we don’t have to deal with thousands of companies, which becomes very challenging.”

In addition to selling the sensors to Sick, Aeva will provide Sick with software to adjust the sensors for different uses. Salehian said the deal included software licensing revenue in addition to hardware sales, but declined to comment further on the size of the deal.

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Aeva said it will begin supplying Sick with its Aeries II sensor this year, with full production to begin in 2024 under the agreement.

© Thomson Reuters 2022


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