AEye Inc. (NASDAQ: LIDR) has announced that its Apollo lidar sensor has been selected by a major global transportation OEM. This selection is expected to unlock over $30 million in revenue for the company over the next 24 to 36 months, based on the scope and scale of the planned integration.
The deal hinges on Apollo’s industry-leading capability: detecting objects up to one kilometer away. This extended range is essential for transportation applications that demand faster and more reliable hazard recognition. AEye’s Apollo lidar stands out in scenarios where most other sensors cap out at 200 meters, offering a critical performance edge.
Apollo is the latest high-performance sensor from AEye, leveraging 1550nm technology to deliver long-range object detection and high-resolution imaging. Packaged in a compact, power-efficient form factor, the sensor is designed to integrate seamlessly into vehicles and infrastructure alike, supporting both advanced driver assistance systems (ADAS) and intelligent transport applications.
AEye’s adaptive, software-defined architecture allows for flexible deployment across use cases such as vehicle autonomy, smart infrastructure, and logistics. The company’s push into these sectors underscores a broader strategy to diversify and scale its offerings beyond automotive alone.
The post AEye Secures Major OEM Win with Apollo Lidar, Opening Door to $30 Million Revenue Opportunity appeared first on PRISM MarketView.