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AEye Expands Apollo Manufacturing Capacity to 60,000 Units, Bolstered by a Globally Recognized Institutional Investor

LIDR
  • AEye, Inc. announced a growth strategy acceleration via an expanded manufacturing partnership with LITEON Technology Corp. & a strategic capital infusion from a global institutional investor.
  • The collaboration with LITEON establishes a dedicated, highly automated production line for Apollo lidar units designed for automotive-grade quality.
  • The new manufacturing line will initially support an annual output of up to 60,000 Apollo units to meet demand across automotive, defense, smart infrastructure, & industrial markets.
  • Full production capacity for the Apollo sensor is expected by mid-2026.
  • The additional institutional capital aims to accelerate manufacturing readiness & delivery while strengthening AEye's balance sheet & validating its capital-light, asset-efficient model.
  • AEye CEO Matt Fisch stated the developments validate the company's strategy to scale output through partnerships without heavy fixed-cost burdens.
  • The Apollo sensor features the ability to detect objects up to one kilometer away while maintaining a compact size & low-power performance.
  • AEye offers the Apollo stand-alone sensor & the OPTIS platform, which provides a full-stack solution for real-time 3D image capture & interpretation.
  • LITEON Technology Corp., established in 1975, is a global leader in optoelectronics & power management with a focus on green data centers & clean mobility.
  • The press release includes standard forward-looking statements detailing risks regarding production timelines, capacity goals, market demand, & regulatory changes.