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-0.0409836065573769 -0.0635245901639343 -0.069672131147541 -0.0695081967213115 -0.0248770491803278 0.0122950819672132 -0.0143442622950818 -0.0348360655737705
Stock impact report

AEye Expands Apollo Manufacturing Capacity to 60,000 Units, Bolstered by a Globally Recognized Institutional Investor

AEye, Inc. - Class A (LIDR) 
Company Research Source: Business Wire
PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (NASDAQ: LIDR), the global pioneer in software-defined lidar and creator of the high-performance Apollo sensor, today announced a major acceleration of its growth strategy, driven by an expanded manufacturing engagement with LITEON Technology Corp. (TWSE: 2301) and a strategic capital infusion from a globally recognized institutional investor.These developments will supercharge AEye’s capital-light model, enabling rapid scaling of Apollo production to meet growing global demand while maintaining operational efficiency and financial discipline.LITEON, a global leader in optoelectronics and power management, is collaborating with AEye to establish a dedicated manufacturing line for Apollo lidar units. The initiative not only expands its capacity but also upgrades its capabilities to meet the requirements of Apollo’s upcoming demands. LITEON is allocating resources and manufacturing expertise to support the establishment of the new prod Show less Read more
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