Core Insights - Aeva Technologies is strategically entering a $4 billion industrial sensing market with its Eve-1 sensor, which utilizes FMCW technology for high precision in detecting distance and micro-vibrations [1][7] - The company has successfully integrated its technology into real-world applications, with leaders like SICK AG and LMI Technologies deploying the Eve-1 sensor [2][7] - Aeva's pivot from automotive to industrial applications positions it as a significant player in factory production and quality checking [3] Aeva Technologies - Aeva's Eve-1 sensor is designed for critical industrial tasks, including electronics manufacturing and warehouse automation, showcasing its versatility beyond automotive applications [1][3] - The company has repurposed its automotive sensor for industrial use, allowing for a low-cost and rapid entry into the factory automation market [2][7] - Aeva's stock performance has seen a remarkable increase of 550% in the first half of 2025, indicating strong market interest [6] Competitors and Industry Trends - Innoviz Technologies is expanding its solid-state LiDAR technology into various sectors, including precision surveying and heavy machinery, highlighting the versatility of LiDAR beyond automotive applications [4] - Ouster is also growing its presence in factory automation and security with its Time-of-Flight LiDAR sensors, which are effective in real-time spatial understanding [5]