I stumbled across Aeva Technologies $AEVA (-8,34%) and honestly find the story quite exciting ๐
Briefly explained:
Aeva develops FMCW-LiDAR technology - sensors that not only see where where something is, but also how fast it is moving ๐๐จ
๐ This is a major advantage over traditional LiDAR systems.
๐ Numbers & growth
- Turnover currently still relatively low (typical for early-stage)
- Expected strong growth in the coming years ๐
- Focus on Series production from the middle of the decade
- Partnerships in the automotive & industrial sector, among others
๐ Means: not yet a cash machine - but scalable model with a lot of upside
๐ Why could this be big?
- Autonomous driving ๐
- Industrial automation ๐ญ
- Smart infrastructure & robotics ๐ค
And this is exactly where Aeva comes in - with a technology that many call Next Gen LiDAR see.
โ ๏ธ Risks (very clear!)
- No stable profitability yet โ
- Strong competition (e.g. large tech players)
- Dependence on whether autonomous driving really catches on