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Aeva Expands Collaboration with SICK to Precision Sensing for Factory Automation Applications

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Aeva Expands Collaboration with SICK to Precision Sensing for Factory Automation Applications
News

News

Aeva Expands Collaboration with SICK to Precision Sensing for Factory Automation Applications

2024-12-02 20:03 Last Updated At:20:41

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dec 2, 2024--

Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced the expansion of its strategic collaboration with SICK, a leading global supplier of solutions for sensor-based industrial applications. SICK and Aeva are collaborating to incorporate Aeva’s FMCW technology into SICK’s portfolio of high accuracy contactless sensors for industrial applications, including for distance and motion control for a variety of factory automation applications.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241202966224/en/

“We have been working closely with Aeva for several years and are pleased to see their FMCW technology mature for industrial sensing applications,” said Dr. Simon Brugger, Senior Vice President Research & Development at SICK. “With its micron-accurate distance sensing at large stand-off distances and precise velocity detection capabilities, Aeva’s core technology provides great potential for opportunities to serve our customers in a variety of industrial applications where precision contactless sensing is core to their manufacturing automation and industrial processes.”

SICK is a leading global provider of sensor-based solutions in industrial applications for factory, logistics and process automation technology with a high market presence globally. Under the collaboration, Aeva plans to provide its unique FMCW technology to SICK, including its Aeva CoreVision™ sensing module along with digital signal processing algorithms tuned for micrometer-precision detection at long standoff distances, as well as micrometer per second velocity measurements. Using Aeva’s FMCW technology, SICK sensors will provide precise contactless measurements on a variety of surfaces at flexible short to long stand-off distances, regardless of its material, texture or color, and can be used across a wide variety of lighting conditions.

“Every day many of the world’s leading manufacturers and industrial companies rely on sensors from SICK to automate their factory production processes and ensure their products meet strict quality standards,” said Mina Rezk, Co-founder and CTO at Aeva. “This selection by SICK is a validation of the industry-leading capabilities, versatility, and the economies of scale for our FMCW technology. We are excited about the expansion of our collaboration and the potential for disrupting the multi-billion dollar precision sensing market together.”

About SICK AG

SICK is one of the world’s leading solutions providers for sensor-based applications in the industrial sector. Founded in 1946 by Dr.-Ing. e. h. Erwin Sick, the company with headquarters in Waldkirch im Breisgau near Freiburg ranks among the technological market leaders. With 60 subsidiaries and equity investments as well as numerous agencies, SICK maintains a presence around the globe. SICK has more than 12,000 employees worldwide and generated a group revenue of EUR 2.3 billion in the 2023 fiscal year. Additional information about SICK is available on the internet at www.sick.com.

About Aeva Technologies, Inc. (NYSE: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving to industrial robotics, security, consumer technology and beyond. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all key LiDAR components onto a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instant velocity in addition to 3D position, allowing autonomous devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 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. 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. These forward-looking statements include, but are not limited to expectations about our and SICK’s product features and performance and our relationship with SICK. 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 fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history, (iii) manufacturing issues or defects that may impact future performance of the products, (iv) the fact that we have entered an initial partnership agreement with SICK and have not yet concluded a supply agreement, and ability for SICK to market and sell products incorporating our products to end customers and (v) other material risks and other important factors that could affect our financial results. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. 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.

(Graphic: Business Wire)

(Graphic: Business Wire)

The Israeli military said Monday an Israeli American soldier who was believed to have been captured alive by Hamas in its Oct. 7, 2023, attack was killed that day and his body taken into the Gaza Strip.

Hamas is still holding around 100 hostages inside Gaza, at least a third of whom are believed to be dead. The Biden administration says it is making another push for a ceasefire and the release of the remaining hostages, after nearly a year of indirect negotiations between Israel and Hamas repeatedly stalled.

Diplomats see a potential opening after last week’s ceasefire between Israel and Lebanon’s Hezbollah militant group, an ally of Hamas that began launching rocket attacks and trading fire with Israel the day after the October 2023 attack.

The fragile ceasefire has held despite repeated Israeli strikes that have angered Lebanese officials but not yet triggered a response from Hezbollah. Israel says it has acted to thwart potential attacks.

The war in Gaza began when Hamas-led militants stormed into southern Israel, killing some 1,200 people, mostly civilians, and taking around 250 people hostage. More than 100 hostages were released during a weeklong ceasefire in November 2023.

Israel’s ongoing retaliatory offensive has killed at least 44,429 Palestinians, more than half of them women and children, according to Gaza’s Health Ministry, which does not say how many of the dead were combatants. Israel says it has killed over 17,000 militants, without providing evidence.

The war has destroyed vast areas of the coastal enclave and displaced 90% of the population of 2.3 million, often multiple times.

Here’s the Latest:

BEIRUT —Lebanon’s state-run National News Agency said Monday one person was killed in an Israeli drone strike that hit a motorcycle, while the Lebanese army said that a soldier was wounded in an Israeli strike on a military bulldozer at an army base.

The Israeli military said that it carried out a series of strikes in Lebanon on Sunday and Monday, including one in the same area where the soldier was said to have been wounded. It said it struck several military vehicles in Lebanon’s Bekaa province as well as strikes on Hezbollah militants in southern Lebanon.

The incidents underscored the fragility of a ceasefire agreement between Israel and Hezbollah reached after nearly 14 months of cross-border fighting.

Since the ceasefire went into effect on Wednesday, Israel has struck several times in response to what it says have been ceasefire violations by Hezbollah. Lebanon has accused Israel of violating the deal but so far Hezbollah has not resumed its rocket fire.

Israeli Foreign Minister Gideon Saar on Monday rejected accusations that Israel is violating the tenuous ceasefire agreement, saying it was responding to Hezbollah violations.

In a post on X, Saar said that he made that point in a call with his French counterpart, Jean-Noël Barrot. France, along with the U.S., helped broker the deal and is part of an international monitoring committee meant to ensure the sides uphold their commitments.

Israel says that it reserves the right under the deal to respond to perceived ceasefire violations.

TEL AVIV, Israel — The Israeli military said Monday an Israeli American soldier who was believed to have been taken hostage alive on Oct. 7, 2023, is now presumed to have been killed during Hamas’ attack and his body taken into Gaza.

Neutra, 21, was a New York native who enlisted in the Israeli military and was captured when Hamas attacked southern Israel. Neutra’s parents, Ronen and Orna, led a public campaign while he was thought to be alive for their son’s freedom. They spoke at protests in the U.S. and Israel, addressed the Republican National Convention this year and kept up ties with the Biden administration in their crusade to secure their son’s release.

In a statement announcing the death, the military did not say how it came to the conclusion over Neutra’s fate. He was one of seven American Israelis still held in Gaza, four of whom are now said to be dead. Hamas released a video of one, Edan Alexander, over the weekend, indicating he was still alive.

In late summer, Hamas killed Hersh Goldberg-Polin, another prominent Israeli American hostage, along with five other captives, whose bodies the Israeli military recovered.

The war in Gaza began when Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and taking around 250 hostage. Some 100 captives are still held inside Gaza, around two-thirds believed to be alive.

Iraqi militias supported by Iran deployed in Syria on Monday to back the government’s counteroffensive against a surprise advance by insurgents who seized the largest city of Aleppo, a militia official and a war monitor said.

Insurgents led by jihadi group Hayat Tahrir al-Sham launched a two-pronged attack on Aleppo last week and the countryside around Idlib before moving toward neighboring Hama province. Government troops built a fortified defensive line in northern Hama in an attempt to stall the insurgents’ momentum while jets on Sunday pounded rebel-held lines.

Iranian Foreign Minister Abbas Araghchi met with Syrian President Bashar Assad in Damascus Sunday and announced Tehran’s full support for his government. He later arrived for talks in Ankara, Turkey, one of the rebels' main backers.

Iran has been of Assad’s principal political and military supporters and deployed military advisers and forces after 2011 protests against Assad’s rule turned into an all-out war.

Tehran-backed Iraqi militias already in Syria mobilized and additional forces crossed the border to support them, said the Iraqi militia official, who spoke on condition of anonymity because he was not authorized to speak to the media.

According to Britain-based opposition war monitor the Syrian Observatory for Human Rights, some 200 Iraqi militiamen on pickups crossed into Syria overnight through the strategic Bou Kamal. They were expected to deploy in Aleppo to support the Syrian army’s pushback against the insurgents, the monitor said.

DUBAI, United Arab Emirates — U.S. Navy destroyers shot down seven missiles and drones fired by Yemen’s Houthi rebels at the warships and three American merchant vessels they were escorting through the Gulf of Aden. No damage or injuries were reported.

U.S. Central Command said late Sunday that the destroyers USS Stockdale and USS O’Kane shot down and destroyed three anti-ship ballistic missiles, three drones and one anti-ship cruise missile. The merchant ships were not identified.

The Houthis claimed responsibility for the attack in a statement and said they had targeted the U.S. destroyers and “three supply ships belonging to the American army in the Arabian Sea and the Gulf of Aden.”

Houthi attacks for months have targeted shipping through a waterway where $1 trillion in goods pass annually over the Israel-Hamas war in Gaza and Israel’s ground offensive in Lebanon. A ceasefire was announced in Lebanon last week.

The USS Stockdale was involved in a similar attack on Nov. 12.

Read more of the AP's coverage of the Middle East wars: https://apnews.com/hub/mideast-wars

Palestinian children play on the rubble of destroyed buildings at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

Palestinian children play on the rubble of destroyed buildings at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

Israeli soldiers look at a destroyed part of Gaza City from their position at the Israel-Gaza border, as seen from southern Israel, Sunday Dec. 1, 2024. (AP Photo/Tsafrir Abayov)

Israeli soldiers look at a destroyed part of Gaza City from their position at the Israel-Gaza border, as seen from southern Israel, Sunday Dec. 1, 2024. (AP Photo/Tsafrir Abayov)

Young Palestinians walk amongst rubble of destroyed buildings at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

Young Palestinians walk amongst rubble of destroyed buildings at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

Palestinian walk past destroyed building at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

Palestinian walk past destroyed building at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

A Palestinian boy walks past destroyed building at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

A Palestinian boy walks past destroyed building at a neighbourhood in Khan Younis, Gaza Strip, Sunday, Dec. 1, 2024. (AP Photo/Abdel Kareem Hana)

This undated photo provided by the Hostages Families Forum Headquarters shows Omer Neutra. (Hostages Families Forum Headquarters via AP)

This undated photo provided by the Hostages Families Forum Headquarters shows Omer Neutra. (Hostages Families Forum Headquarters via AP)

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