Core Viewpoint - Aeva has transitioned from being a LiDAR sensor supplier to a full-solution provider for Intelligent Transportation Systems (ITS) through an exclusive partnership with D2 Traffic Technologies, enhancing its smart infrastructure solutions for traffic management [2][4]. Company Overview - Aeva is a leader in next-generation sensing and perception systems, focusing on LiDAR-based smart infrastructure solutions for intersections, highways, and urban corridors [2][7]. - The partnership with D2 Traffic Technologies brings a veteran team of ITS experts to Aeva, aiming to accelerate market momentum and enhance traffic safety and mobility [2][4]. Market Opportunity - The U.S. ITS market presents significant opportunities for LiDAR technology, with approximately 15 million intersections and over 300,000 traffic signals, contributing to more than $20 billion in annual congestion costs [3]. Technology and Solutions - Aeva's Atlas Orion™ 4D LiDAR sensors are designed for ITS applications, offering ultra-long-range performance, precise object detection, and instantaneous velocity data, enabling real-time differentiation between moving and stationary objects [5]. - The sensors can detect vehicles at distances up to 500 meters and identify pedestrians and cyclists even in challenging conditions, supporting a privacy-preserving approach to traffic management [5][6]. Strategic Goals - Aeva's ITS solutions aim to modernize infrastructure for municipalities and transportation agencies, enhancing safety, efficiency, and sustainability through advanced perception capabilities [4][6]. - The exclusive agreement allows for a unified sensing architecture based on Aeva's 4D LiDAR sensors, ensuring high-quality data and analytics across various traffic networks [4].
Aeva Brings on D2 Traffic Team in Exclusive Partnership for Full-Stack Smart Infrastructure Solutions