AEye reported second-quarter revenue of $202,000, roughly double the prior quarter and nine times the year-earlier period. The lidar company's revenue-generating proof-of-concept programmes increased to 25 from 21, whilst overall engagements rose 25% sequentially. Defence engagements doubled quarter over quarter, supported by a third consecutive paid order from AEye's lead defence customer. Applications span unmanned vehicles and counter-drone systems. AEye secured sports analytics customer Alive3D during the quarter, which selected its Apollo lidar sensor for 3D sports visualisation and data analytics. The company ended June with approximately $71.5 million in cash and marketable securities. AEye reaffirmed its 2026 cash-use outlook of $30 million to $35 million, expecting higher second-half spending as it expands manufacturing and deployment infrastructure.

AEye to participate in J.P. Morgan Auto Conference. PLEASANTON, Calif.-(BUSINESS WIRE)-AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined, high-performance lidar solutions, today announced that CEO Matt Fisch will participate in a fireside chat at the J.P. Morgan Auto Conference in New York on Wednesday, August 12, 2026, at 2:20 PM ET. A live audio webcast of the fireside chat will be available here: Fireside Chat A replay and related investor materials will also be made available here: AEye Investor Relations Website To request a meeting with AEye at the conference, which is running from Tuesday, August 12 to Wednesday, August 13, please contact your J.P. Morgan representative. About AEye AEye offers a suite of unique software-defined lidar solutions that address a wide range of real-world needs including advanced driver-assistance, vehicle autonomy, smart infrastructure, security, defense, and logistics applications. AEye's flagship product, Apollo(TM), has been widely recognized for its small form factor and its ability to detect objects at up to one kilometer. In addition to Apollo(TM), AEye also offers STRATOS(TM) with the ability to detect objects at up to one-and-a-half kilometers as well as a full-stack solution through its OPTIS(TM) platform. OPTIS(TM) provides a complete system that captures a high-resolution 3D image of the world, interprets it, and provides direction to act upon what it sees in real-time. Forward-Looking Statements Certain statements included in this press release that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes accompanied by words such as "believe," "continue," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "predict," "plan," "may," "should," "will," "would," "potential," "seem," "seek," "outlook," and similar expressions that predict or indicate future events or trends, or that are not statements of historical matters. 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. Forward-looking statements included in this press release include, without limitation, statements about AEye's planned participation in the J.P. Morgan Auto Conference and the availability of the related webcast and replay, the anticipated performance and capabilities of AEye's products, including Apollo(TM), STRATOS(TM), and the OPTIS(TM) platform, and the benefits and advantages of AEye's products and technologies, among others. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are very difficult or impossible to predict and will differ from the assumptions. Many actual events and circumstances are beyond the control of AEye. Many factors could cause actual future events to differ from the forward-looking statements in this press release, including but not limited to: (i) the risks that AEye's products, including Apollo(TM) and STRATOS(TM), may not achieve their anticipated detection ranges or other performance specifications, or achieve commercialization or market acceptance, to the extent or in the time frame anticipated, or at all; (ii) the risks that market conditions may create delays in the demand for commercial lidar products beyond AEye's expectations, if at all; (iii) the risks that lidar adoption occurs slower than anticipated or fails to occur at all; (iv) the risks that AEye's products may not meet the diverse range of performance and functional requirements of target markets and customers; (v) the risks that AEye's products may not function as anticipated by AEye, or by target markets and customers; (vi) the risks that AEye may not be in a position to adequately or timely address either the near or long-term opportunities that may or may not exist in the evolving autonomous transportation industry; (vii) the risks that laws and regulations are adopted impacting the use of lidar that AEye is unable to comply with, in whole or in part; (viii) the risks associated with changes in competitive and regulated industries in which AEye operates, variations in operating performance across competitors, and changes in laws and regulations affecting AEye's business; (ix) the risks that AEye is unable to adequately implement its business plans, forecasts, and other expectations, and identify and realize additional opportunities; and (x) the risks of economic downturns and a changing regulatory landscape in the highly competitive and evolving industry in which AEye operates. These risks and uncertainties may be amplified by current or future global conflicts and current and potential trade restrictions, trade tensions, and tariffs, all of which continue to cause economic uncertainty. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the periodic report that AEye has most recently filed with the U.S. Securities and Exchange Commission, or the SEC, and other documents filed by us or that will be filed by us from time to time with the SEC. 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. Investors are cautioned not to put undue reliance on forward-looking statements; AEye 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. AEye gives no assurance that AEye will achieve any of its expectations. Contacts. Investor Relations AEye, Inc. Investor Relations [email protected] 925-400-4366 Media Relations More News From AEye, Inc. PLEASANTON, Calif.-( BUSINESS WIRE )-AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined, high-performance lidar solutions, today announced financial results for the second quarter ended June 30, 2026. Business Highlights New Commercial Deal in New Vertical: Apollo's(TM) software-defined architecture was critical to securing the win; it allows AEye to reconfigure scan patterns, range, and resolution to meet the distinct demands of sports analytics using the same underlying sensor platfo... PLEASANTON, Calif.-( BUSINESS WIRE )-AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined, high-performance lidar solutions, today announced that its flagship Apollo(TM) lidar sensor has been validated on NVIDIA DRIVE AGX Thor(TM), the compute platform anchoring the next generation of NVIDIA-native autonomous vehicles and physical AI systems. "This technical milestone is a significant statement about AEye's increasingly favorable competitive position to address the large next-generation tra... PLEASANTON, Calif.-( BUSINESS WIRE )-AEye, Inc. (Nasdaq: LIDR), a leader in adaptive, high-performance lidar, today announced a partnership with Alive3D, an innovative sports and entertainment technology company. Alive3D is integrating AEye's Apollo(TM) lidar as a foundational sensing component within its platform, addressing a longstanding industry challenge: accurately capturing and analyzing live sports in true three dimensions, with the spatial precision of lidar rather than relying solely on... AEye, Inc. NASDAQ:LIDR Release Versions Investor Relations AEye, Inc. Investor Relations [email protected] 925-400-4366 Media Relations

AEye's Apollo lidar sensor wins prestigious AIIA Intelligent Perception Industry Leadership Award. August 5, 2026 AEye, Inc., a global leader in adaptive, high-performance lidar solutions, announced today that its flagship 1550 nm lidar sensor, Apollo, has been honored with the Industry Leadership Award in the Intelligent Perception category at the AIIA2025 Automotive Intelligence Pilot Innovation Awards The post AEye's Apollo lidar sensor wins prestigious AIIA Intelligent Perception Industry Leadership Award appeared first on Automotive World. AEye, Inc., a global leader in adaptive, high-performance lidar solutions, announced today that its flagship 1550 nm lidar sensor, Apollo, has been honored with the Industry Leadership Award in the Intelligent Perception category at the AIIA2025 Automotive Intelligence Pilot Innovation Awards. "Apollo combines precision, power, and flexibility to meet the evolving needs of the automotive industry and is critical to the widespread adoption of lidar. We are honored to receive this prestigious award, which reflects our commitment to innovation in intelligent perception technologies for autonomous and assisted driving. We are especially proud to be recognized by a leading trade organization in China, the world's largest market for lidar, underscoring AEye's position among the global leaders shaping the future of automotive intelligence," said Matt Fisch, CEO at AEye. Apollo is distinguished among a competitive field of advanced lidar technologies by its unmatched performance, reliability, and adaptability in complex driving scenarios. Built on AEye's unique software-definable architecture, Apollo delivers long-range, high-resolution perception that powers safer, more intelligent mobility solutions. The AEye team is excited to showcase Apollo at EAC2025's Intelligent Driving and Embodied Intelligence Summit in Hangzhou, China from June 4 - 6 in Exhibition Hall 8 where attendees will be able to experience firsthand how AEye's next generation lidar is transforming autonomous and assisted driving.