Senior Systems Engineer

AEye, a lidar and sensing technology company, has entered into an at-the-market sales agreement with A.G.P./Alliance Global Partners to offer up to $50 million of common stock. The agreement, dated 15 September 2026, allows the company to sell shares at market prices over 36 months with no obligation to complete any sales. The company simultaneously terminated its previous ATM agreement with A.G.P. from 12 September 2024, incurring no early termination penalties. A.G.P. will receive up to 3% commission on gross proceeds, whilst Craig-Hallum Capital Group serves as financial adviser for up to 1% of proceeds. AEye intends to use net proceeds for working capital, research and development, and commercial expansion in aerospace, defence, and infrastructure markets. The Pleasanton, California-based company retains full discretion over pricing, timing, and volume of any share sales.

AEye, a lidar solutions provider, announced significant commercial progress in a letter to stockholders. The company secured a multi-million-dollar contract with Lunar Outpost, backed by NASA funding, to deploy its Apollo lidar on the Pegasus Lunar Terrain Vehicle for the Artemis mission. AEye reported record commercial engagement with 25 revenue-generating customers, a 19% increase since Q1. Revenue grew approximately nine-fold year-over-year and roughly doubled sequentially, marking the fourth consecutive quarter of growth. First-half 2026 revenue already exceeded full-year 2025 results. The company appointed Laura Wrisley as Chief Revenue Officer to scale commercial operations. New contracts include a development agreement with Alive3D for sports analytics applications. Defence engagements doubled quarter-over-quarter, whilst automotive and trucking programmes continue advancing. AEye maintains a substantial cash position with virtually no debt.

AEye to Present at the 28th Annual H.C. Wainwright Global Investment Conference TMCnet News [September 03, 2026] | / | AEye to Present at the 28th Annual H.C. Wainwright Global Investment Conference AEye, Inc. (Nasdaq: LIDR), a global leader in software-defined, high-performance lidar solutions, today announced that CFO Conor Tierney will present and host one-on-one investor meetings at the 28th Annual H.C. Wainwright Global Investment Conference on September 14-16, 2026 at the Lotte New York Palace Hotel in New York City. To schedule a meeting at the conference, please contact your H.C. Wainwright 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 oncurrent 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 28th Annual H.C. Wainwright Global Investment Conference, including the planned presentation and one-on-one investor meetings, 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 Fog Computing World or that will be filed by Fog Computing World 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. There may be additional risks that AEye presently knows or that AEye currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20260903363060/en/ [ Back To TMCnet.com's Homepage] |