indie Semiconductor reported second quarter 2026 revenue of $64 million, up 24% year-over-year and exceeding guidance midpoint. The company projects 30% year-over-year growth for Q3 2026. The automotive solutions provider narrowed its GAAP operating loss to $35.1 million from $43 million a year earlier. Non-GAAP operating loss improved to $8.9 million from $14.5 million. indie secured multiple design wins, including a radar project with a Tier 1 supplier for Volvo and vision processor wins with Chinese OEMs. The company also launched its iND881 Edge AI system-on-chip for automotive and physical AI applications. Chief executive Donald McClymont highlighted momentum in the company's 77GHz radar solutions with OEMs across North America, Europe and China, alongside growing opportunities in computer vision and AI.

Indie Semiconductor president to retire. Thomas Schiller to replace Ichiro Aoki on the board June 23, 2026 Aliso Viejo-based Indie Semiconductor announced yesterday the retirement of company president Ichiro Aoki effective June 29. Co-founder Aoki served as president since the company's establishment and will transition to the role of technical advisor, focused on his expertise and support. "Ichiro's contributions have been instrumental in shaping our culture and many of the major engineering accomplishments that have propelled our success. We look forward to his ongoing guidance in his new role as technical advisor," Chief Executive and Co-founder Donald McClymont said in a statement. Thomas Schiller, who currently serves the firm as a strategic advisor and previously served as chief financial officer and executive vice president of strategy, will take Aoki's place on the board. "Tom has demonstrated a strong commitment to driving performance, creating shareholder value, and identifying new opportunities for long-term success. The board and I look forward to leveraging Tom's unique perspectives and deep industry expertise," Board Chairman David Aldrich said. Shares of the company fell 5.3% in midday trading today to $3.84 per share, for a market cap of $809 million (Nasdaq: INDI). Want more from the best local business newspaper in the country? Sign-up for its FREE Daily eNews update to get the latest Orange County news delivered right to your inbox! One-Year for Only $99 * Weekly in-depth coverage in print and digital formats * Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts * The annual Book of Lists: Orange County's top companies across every industry

indie announces changes to Board of Directors. Ichiro Aoki to retire as indie President and Board Member, while indie welcomes the appointment of Thomas Schiller to the Board ALISO VIEJO, Calif.-(BUSINESS WIRE)-indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that Dr. Ichiro Aoki will resign from his position as President of indie and member of indie's board of directors, effective June 29, 2026, and has appointed Mr. Thomas Schiller to its board of directors. indie announces changes to Board of Directors share. Dr. Aoki has been with indie since its inception and is renowned as one of the Company's co-founders, serving as indie's President, managing the execution of the Company's engineering plans. Dr. Aoki will transition to a more focused, limited role centered on technical expertise, while also offering advisory support to advance the Company's strategic product roadmap. "We are extremely thankful to Dr. Aoki for his exceptional years of service and visionary leadership as a co-founder of indie. His commitment and ingenuity helped lay the foundation upon which our organization was built," said Donald McClymont, indie's co-founder and CEO. "Ichiro's contributions have been instrumental in shaping our culture and many of the major engineering accomplishments that have propelled our success. We look forward to his ongoing guidance in his new role as Technical Advisor." Mr. Schiller has contributed greatly to the Company over the past seven years, initially serving as indie's former Chief Financial Officer and Executive Vice President of Strategy, and recently as a Strategic Advisor. His leadership and tenacity are exemplified by the instrumental role he played in steering the Company's 2021 IPO. While continuing to serve indie in his current advisory role, his appointment to indie's Board of Directors will enable Mr. Schiller to have a broader impact on the Company, working directly alongside fellow board members and executive leadership to help shape key decisions and guide strategic execution. "I am humbled and honored to join indie's Board at such a pivotal and exciting time for the Company," said Tom Schiller. "With a world class team underpinned by key requisite technologies, indie is well positioned to capitalize on intelligent ADAS as it now expands to address adjacent physical AI markets including robotics and humanoids." "We are excited to welcome Tom to indie's Board of Directors. With an impressive track record of success, distinguished career, and a proven history of entrepreneurial leadership, his contributions will be invaluable," said David Aldrich, chairman of the board of indie. "Tom has demonstrated a strong commitment to driving performance, creating shareholder value, and identifying new opportunities for long-term success. The board and I look forward to leveraging Tom's unique perspectives and deep industry expertise." Mr. Thomas Schiller has served as a Strategic Advisor to indie since November 2024, providing guidance and leadership in strategic planning and M&A. He was formerly Chief Financial Officer and Executive Vice President of Strategy with indie, until June 2024, leading all corporate financing, reporting, investor relations, treasury, tax, and M&A activities. Prior to joining indie in October 2019, Mr. Schiller was Vice President of Marketing at Marvell Semiconductor and previously was Vice President of Strategy and Corporate Development at Skyworks Solutions. Mr. Schiller earned a Master of Business Administration from the University of Southern California with a specialization in Entrepreneurship and Finance, and holds a Bachelor of Arts in Social Sciences with an emphasis in Economics and Political Science from the University of California, Irvine. In addition, Mr. Schiller completed executive education programs at the University of California, Los Angeles and the Massachusetts Institute of Technology. About indie Headquartered in Aliso Viejo, CA, indie is empowering the automotive revolution with next-generation semiconductors, photonics, and perception software platforms. We focus on developing innovative, high-performance, and energy-efficient mixed-signal SoCs and system solutions for ADAS and adjacent industrial applications, including humanoid robotics, and quantum technology. Our sensors span all major modalities (Radar, Computer Vision, LiDAR, and Ultrasound), accelerating the proliferation of automated vehicle safety and sensing features. As a global innovator, we are an approved vendor to Tier 1 partners, and our solutions can be found in marquee automotive OEMs worldwide. #indieSemi_Corporate More News From indie Semiconductor ALISO VIEJO, Calif.-( BUSINESS WIRE )-indie (Nasdaq: INDI), an automotive solutions innovator, today announced the release of iND881, its next-generation edge artificial intelligence (AI) system-on-chip (SoC), incorporating an AI compute engine to power smart cameras for automotive and robotic applications. By coupling AI compute with indie's market-leading low-latency multi-camera image signal processor (ISP), the iND881 offers designers an efficient solution for developing intelligent cameras... ALISO VIEJO, Calif.-( BUSINESS WIRE )-indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the "Inducement Grants") under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.ind... ALISO VIEJO, Calif.-( BUSINESS WIRE )-indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, has announced the signing of a definitive agreement to acquire the fabless CMOS image sensor group from ams OSRAM AG for a total consideration of 40 million euros. With primary operations in Belgium and Portugal, this product line includes intelligent, high-performance CMOS image sensors for a broad range of industrial, automation, and physical artificial intelligence (AI) applications...