Aeva Promotes Autonomy with First 4D LiDAR on NVIDIA DRIVE Sim Platform for Autonomous Vehicle Simulation

MOUNTAIN VIEW, California–(BUSINESS WIRE)–Aeva® (NYSE: AEVA), a leader in next-generation detection and sensing systems, today announced that its Aeries™ 4D LiDAR™ sensors are now supported on the NVIDIA DRIVE Sim platform. Aeva’s Frequency Modulated Continuous Wave (FMCW) 4D LiDAR sensors detect 3D position, in addition to instant speed for any point at distances up to 500 meters, adding an extra dimension to sensing and perception for safe autonomous driving.

NVIDIA DRIVE Sim is an end-to-end platform designed to perform large-scale, physically-based, multi-sensor, autonomous vehicle simulation to improve developer productivity and accelerate time-to-market. DRIVE Sim includes a unique and powerful ray-tracing application programming interface that allows developers to accurately model complex sensor technologies by giving them complete control over ray firings and hit point returns. This makes it possible to model advanced physical phenomena to support new perceptual detection technologies, such as FMCW LiDAR, for any set of requirements, in a well-organized structure.

“With Aeva’s 4D LiDAR integrated, OEMs using the NVIDIA DRIVE Sim platform can accelerate the realization of safe autonomous driving for the next generation of autonomous vehicles,” said James Reuther, Vice President of Technology at Aeva. “Our unique ability to instantly detect the instantaneous velocity of any point, in addition to accurate 3D position at a great distance, surpasses the detection and sensing capabilities of older sensors. This requires a platform capable of handling our unique LiDAR features, and DRIVE Sim makes just that possible.”

“DRIVE Sim is designed to accurately model advanced sensors such as 4D LiDARs,” said Zvi Greenstein, general manager of automotive at NVIDIA. “The physics-based and time-accurate simulation allows Aeva and its customers to train perception networks, accelerate development and validate software before deploying them to production fleets.”

Developers using DRIVE Sim can now access Aeva’s 4D LiDAR models to increase their simulation capabilities and streamline testing and development. Aeva sensors enable the next wave of driver assistance and autonomous vehicle capabilities using FMCW technology to deliver sensing and sensing capabilities not possible with legacy time-of-flight 3D LiDAR sensors, including:

  • Instant speed detection: Instantly detect the speed for any point next to the 3D position to sense where things are and how fast they are moving.
  • Ultra long range performance: Detect and track dynamic objects such as oncoming traffic and other moving objects at distances up to 500 meters.
  • Ultra Resolution™: A real-time camera-level image that provides up to 20 times the resolution of legacy LiDAR sensors with time-of-flight.
  • Road hazard detection: Detect small objects in the roadway with more confidence at up to twice the distance of legacy time-of-flight LiDAR sensors.
  • Semantic segmentation: Real-time segmentation between static and dynamic points allows the detection of road markings, drivable areas, vegetation and roadblocks.

About Aeva Technologies, Inc. (NYSE: AEVA)

Aeva’s mission is to bring the next wave of perception to a wide variety of applications, from automated driving to industrial robotics, consumer electronics, consumer health, security and more. Aeva is transforming autonomy with its groundbreaking sensing and perception technology that integrates all major LiDAR components on a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instantaneous speed in addition to 3D position, enabling autonomous devices such as vehicles and robots to make more intelligent and safer decisions. For more information, visit www.aeva.com or contact us at: Twitter or LinkedIn.

Aeva, the Aeva logo, 4D LiDAR, Aeries, Ultra Resolution, 4D Perception, and 4D Localization 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 are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “plan”, “strategy”, “future”, “opportunity”, ” plan, “may”, “would”, “will”, “would”, “will be”, “will continue”, “probably will 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 contained in this press release, including, but not limited to: (i) the possibility of 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 various factors, including changes in the competitive and highly regulated industries in which Aeva intends to operate, differences in performance among 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 downturn and the possibility of rapid change in the highly competitive industry in which Aeva operates, (v) the risk that Aeva and its current and prospective employees are unable to successfully develop Aeva’s products or services and experience significant delays in the marketplace, (vi) the risk that Aeva will never achieve or maintain profitability; (vii) the risk that Aeva will need to raise additional capital to execute its business plan, which may not be available on acceptable terms; (viii) the risk that Aeva may experience difficulties in managing its growth and expansion of its business, (ix) the risk that third-party suppliers and manufacturers may not meet their obligations fully and in a timely manner, (x) the risk of product liability or regulatory lawsuits or litigation related to Aeva’s products and services, (xi) the risk that Aeva will be unable to secure or protect its intellectual property; and (xii) the effects of the ongoing pandemic of the coronavirus (COVID-19) or other infectious diseases, health epidemics, pandemics and natural disasters on Aeva’s operations. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and for 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, 2022. These filings identify and address other significant risks and uncertainties that could cause actual events and results to differ materially from those in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on any 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 guarantee that it will live up to its expectations.

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