South Korea's Joowon Industrial Selects Aeva 4D LiDAR for Automated Power Line Inspection Program [Yahoo! Finance]
Aeva Technologies, Inc. (AEVA)
Company Research
Source: Yahoo! Finance
MOUNTAIN VIEW, Calif. & SEONGNAM CITY, South Korea, March 12, 2024 BUSINESS WIRE Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon has selected Aeva's Aeries II 4D LiDAR for its automated power line inspection and analysis system. Power line inspection and analysis is a crucial yet predominantly manual process for most utilities. The inspection process entails deploying a considerable number of inspectors who physically survey the utility's service area and assess the condition of the lines. Their tasks encompass identifying worn components, pinpointing hot spots that may signify issues, and noting potential interference from vegetation. This process is costly and time-intensive, necessitating regular inspection to uphold the reliability of the power grid. Joowon Industrial's TADS (Thermography Auto analysis Diagnosis S
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AEVA
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AEVA
Earnings
- 3/5/24 - Beat
AEVA
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 3/29/24 - Form 4
- AEVA's page on the SEC website