LiDAR systems

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China’s Hesai Group lists shares on HK exchange
Yahoo Finance· 2025-09-17 11:02
Core Insights - Hesai Group, a Chinese producer of LiDAR systems, debuted on the Hong Kong Stock Exchange on September 16, 2025, with a share price increase of 7% on the first trading day [1] - The company raised approximately HKD 4.2 billion (US$ 533 million) from the new share offering, which will be utilized for future growth initiatives [2] - In the first half of 2025, Hesai delivered 547,900 LiDAR systems, marking a 276% increase year-over-year, driven by demand from Chinese automakers [2] Company Developments - Hesai has secured over 120 series production programs from 24 automakers, with deliveries planned for 2025-2027 [3] - Key customers include major automotive brands such as a top European OEM, Li Auto, Changan, Geely, Great Wall Motor, Chery, Zeekr, Leapmotor, SAIC Audi, SAIC-GM, and a Toyota joint-venture [3] - The company has developed its fourth-generation digital single-photon platform, which integrates seven key components, enhancing performance while reducing costs [3] Technological Advancements - The co-founder and chief scientist of Hesai, Dr. Kai Sun, highlighted the significant reduction in LiDAR costs from USD 100,000 to USD 200, making advanced safety technologies accessible for mass vehicle production [4] - The company is committed to delivering core technologies that align with the emerging AI-driven Fourth Industrial Revolution [4]
Kraken Robotics Schedules Q2 2025 Financial Results Release and Webcast
Globenewswire· 2025-08-14 20:00
Kraken's synthetic aperture sonar, sub-bottom imaging, and LiDAR systems offer best-in-class resolution, providing critical insights into ocean safety, infrastructure, and geology. Our revolutionary pressure tolerant batteries deliver high energy density power for UUVs and subsea energy storage. Kraken Robotics is headquartered in Canada with offices in North America, South America, and Europe, supporting clients in more than 30 countries worldwide. ST. JOHN'S, Newfoundland and Labrador, Aug. 14, 2025 (GLOB ...
Kraken Robotics Schedules Q2 2025 Financial Results Release and Webcast
GlobeNewswire News Room· 2025-08-14 20:00
ST. JOHN'S, Newfoundland and Labrador, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF) announces that it will release second quarter 2025 financial results at 6:30am ET on Thursday, August 21, 2025. The Company has also scheduled a webcast to discuss results on Thursday, August 21, 2025 at 8:30am ET. The webcast will be hosted by Greg Reid, President and Chief Executive Officer and Joe Mackay, Chief Financial Officer of Kraken Robotics and will c ...
Kraken Robotics Appoints Defense Industry Veteran and Former RTX and Boeing Executive Kristin Robertson to Board of Directors
Globenewswire· 2025-06-04 10:30
Core Insights - Kraken Robotics Inc. has appointed Kristin Robertson to its Board of Directors, bringing over 30 years of experience in the defense sector [1][4] - Robertson's background includes leadership roles at Boeing and RTX Corporation, focusing on advanced technology and defense solutions [2][4] - The company also announced the issuance of 3,425,000 stock options to employees and directors, with an exercise price of $2.42 [4] Company Overview - Kraken Robotics specializes in subsea intelligence through innovative 3D imaging sensors, power solutions, and robotic systems [5][6] - The company provides critical insights into ocean safety, infrastructure, and geology using advanced technologies like synthetic aperture sonar and LiDAR systems [6] - Kraken Robotics operates globally, supporting clients in over 30 countries from its headquarters in Canada and additional offices in North America and Europe [6]
5 Small-Cap Stocks to Watch for Big Speculative Gains
MarketBeat· 2025-05-21 17:32
Group 1: Small-Cap Stocks Overview - Small-cap stocks are considered risky but can offer significant rewards, necessitating investor exposure [1] - A cautious approach is recommended, focusing on the right stocks and avoiding over-investment in any single stock [1] Group 2: Root, Inc. - Root, Inc. is a small insurance carrier with a direct-to-consumer (DTC) business that is gaining traction [2] - The company is expected to shift to profitability in 2024, which is anticipated to be sustained in 2025 [2][3] - Analysts forecast a 12-month stock price of $122.17, indicating an 11.31% downside from the current price of $137.75 [2] Group 3: Applied Digital Corporation - Applied Digital Corporation has shifted focus from Bitcoin to AI, aiming to build high-performance computing centers [7] - The stock is rated as a Buy with a 12-month price forecast of $10.67, representing a 58.26% upside [6] - Revenue growth is expected to sustain a moderate 30% pace for 2025 and 2026, with acceleration anticipated later in the decade [8] Group 4: Astronics Corporation - Astronics Corporation operates in aerospace and defense, with resilient demand from commercial and defense contracts [10] - The stock is currently rated as Hold, with a 12-month price forecast of $21.00, indicating a 30.48% downside from the current price of $30.21 [10] - Institutional ownership exceeds 55%, with buying activity ramping to long-term highs in Q2 2025 [12] Group 5: ThredUp Inc. - ThredUp Inc. is benefiting from AI improvements, leading to reduced costs and increased user counts [14] - The company expects to revert to growth in 2025, projecting a 10% revenue advance by year-end [15] - Analyst sentiment is improving, with rising price targets supporting market action [16] Group 6: Aeva Technologies - Aeva Technologies specializes in LiDAR systems, forecasting revenue growth of up to 100% in 2025 [18] - The company is expanding its manufacturing capabilities through new partnerships, which may sustain growth into 2026 [19] - Analysts have responded favorably, lifting price targets and increasing trading volume, with institutional buying spiking in Q2 2025 [20]