According to filings with the U.S. Securities and Exchange Commission, AEye is raising up to $50,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Blair LaCorte 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 is the premier provider of intelligent, next generation, adaptive LiDAR for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. AEyes iDAR (Intelligent Detection and Ranging) system leverages biomimicry and principles from automated targeting applications used by the military to scan the environment, intelligently focusing on what matters most, enabling faster, more accurate, and more reliable perception. iDAR is the only software configurable LiDAR with integrated deterministic artificial intelligence, delivering industry-leading performance in range, resolution, and speed. The company was founded in 2013 and is headquartered in the San Francisco Bay Area. (NASDAQ: LIDR).

To learn more about AEye, visit http://www.aeye.ai/
AEye Linkedin Page: https://www.linkedin.com/company/aeye-inc./

Contact:
Blair LaCorte, Chief Executive Officer
925-400-4366
https://www.linkedin.com/in/blair-lacorte-68084/

SOURCE: http://www.intelligence360.io
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