Dublin California based AEye is raising $25,000,000.00 in Debt Financing.
Dublin, CA – According to filings with the U.S. Securities and Exchange Commission, AEye is raising $25,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Financial Officer, Ransom Wuller played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About AEye
AEye brings cutting-edge science to robotic vision. In order to deliver military-grade performance in autonomous vehicles, Founder, President, CTO and Board Member Luis Dussan, assembled a world-class team of technology and automotive experts to help him take on the challenge. Their mission was to acquire the most information with the fewest ones and zeros. This would allow AEye to drive the automotive industry into the next realm of autonomy. By adding intelligence to the sensor layer and processing data at the edge of the network, AEye’s iDAR brings powerful sensing capabilities found in the aerospace and defense industries to the automotive market.
To learn more about AEye, visit http://www.aeye.ai/
Contact:
Ransom Wuller, President and Chief Financial Officer
925-400-4366
rwuller@aeye.ai
https://www.linkedin.com/in/ransom-wuller-78502439/
SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved