Aeva Selects Fabrinet to Manufacture World’s First 4D LiDAR Chip Module
08 Novembre 2021 - 01:00PM
Business Wire
New Advanced Production Line Accelerates Aeva’s
Mass Manufacturing Capabilities
Aeva (NYSE: AEVA), a leader in next-generation sensing and
perception systems, today announced that it has selected Fabrinet
(NYSE: FN), a leading provider of advanced precision optical and
electronic manufacturing services, to produce Aeva’s 4D LiDAR chip
module. As the engine of Aeva’s unique frequency modulated
continuous wave (FMCW) technology approach to LiDAR, the module
integrates key components onto a single silicon photonics chip
module including laser transmitters, optics, and receivers. The
silicon photonics design brings together a compact and
mass-manufacturable LiDAR solution for automotive and industrial
applications.
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Aeva’s FMCW 4D LiDAR on chip module being
manufactured by Fabrinet (Photo: Business Wire)
Aeva selected Fabrinet for its deep expertise in silicon
photonics integrated devices and advanced precision optical
systems. With today’s announcement, Aeva is bringing online an
advanced production line at Fabrinet and is establishing a local
team in Thailand to support manufacturing activities. This new
production line will produce Aeva's third generation 4D LiDAR chip
modules and scale to support mass production volumes. The facility
is automotive qualified with IATF 16949 certification.
“We are excited to have been chosen by Aeva to manufacture their
unique FMCW LiDAR chip module for automated driving and beyond
using silicon photonics technology,” said Seamus Grady, CEO at
Fabrinet. “Our advanced manufacturing capabilities will enable Aeva
to bring their vision to reality at mass production scale and we
look forward to supporting Aeva as long-term partners as they ramp
toward production.”
“Fabrinet is a trusted manufacturer and automotive qualified
supplier to some of the largest global OEMs and Tier 1 suppliers in
automotive and non-automotive applications, and this agreement
allows us to accelerate our production manufacturing capabilities
well ahead of schedule,” said Tim Willis, Vice President of Global
Supply Chain, Manufacturing and Strategy at Aeva. “We are thrilled
to partner with them to deliver the world’s first 4D LiDAR chip
module at mass scale for the global automotive industry and beyond
as we aim to fulfill our mission to bring perception to all
devices.”
About Aeva Technologies, Inc. (NYSE: AEVA)
Founded in 2017 by former Apple engineers Soroush Salehian and
Mina Rezk, and led by a multidisciplinary team of engineers and
operators experienced in the field of sensing and perception,
Aeva’s mission is to bring the next wave of perception technology
to broad applications from automated driving to consumer
electronics, consumer health, industrial robotics, and security.
For more information, visit www.aeva.com.
Aeva®, the Aeva logo and 4D LiDAR are trademarks/registered
trademarks of Aeva, Inc. All rights reserved. Third-party
trademarks are the property of their respective owners.
Forward looking statements
This press release contains certain forward-looking statements
within the meaning of the federal securities laws. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including, but
not limited to: (i) the ability to maintain the listing of Aeva’s
securities on the New York Stock Exchange, (ii) the price of Aeva’s
securities, which may be volatile due to a variety of factors,
including changes in the competitive and highly regulated
industries in which Aeva plans to operate, variations in
performance across competitors, changes in laws and regulations
affecting Aeva’s business and changes in the combined capital
structure, (iii) the ability to implement business plans,
forecasts, and other expectations and to identify and realize
additional opportunities, (iv) the risk of downturns and the
possibility of rapid change in the highly competitive industry in
which Aeva operates, (v) the risk that Aeva and its current and
future collaborators are unable to successfully develop and
commercialize Aeva’s products or services, or experience
significant delays in doing so, (vi) the risk that Aeva may never
achieve or sustain profitability; (vii) the risk that Aeva will
need to raise additional capital to execute its business plan,
which many not be available on acceptable terms or at all; (viii)
the risk that Aeva experiences difficulties in managing its growth
and expanding operations, (ix) the risk that third-parties
suppliers and manufacturers are not able to fully and timely meet
their obligations, (x) the risk of product liability or regulatory
lawsuits or proceedings relating to Aeva’s products and services,
(xi) the risk that Aeva is unable to secure or protect its
intellectual property; and (xii) the effects of the ongoing
coronavirus (COVID-19) pandemic or other infectious diseases,
health epidemics, pandemics and natural disasters on Aeva’s
business. The foregoing list of factors is not exhaustive. You
should carefully consider the foregoing factors, and for a further
discussion of the material risks and other important factors that
could affect our financial results, please refer to our filings
with the SEC, including our Form 10-Q for the quarter ended June
30, 2021. These filings identify and address other important risks
and uncertainties that could cause actual events and results to
differ materially from those contained in the forward-looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and Aeva assumes no obligation and does
not intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise. Aeva does not give any assurance that it will achieve
its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20211108005363/en/
Media: Michael Oldenburg press@aeva.ai
Investors: Andrew Fung investors@aeva.ai
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