Business
Aeva and Nikon to Bring 4D LiDAR to Industrial Automation and Metrology Markets
Leveraging Nikon’s market position in laser radar technology and excellence in industrial precision with Aeva’s industry-first Frequency Modulated Continuous
About this update from Aeva Technologies, Inc.
[{"type":"text","content":"\nLeveraging Nikon’s market position in laser radar technology and excellence in industrial precision with Aeva’s industry-first Frequency Modulated Continuous Wave (FMCW) 4D LiDAR on chip, companies to develop next-generation solutions with superior performance at industry-leading costs\n\nAeva and Nikon positioned to accelerate broad adoption of 4D LiDAR in the $10 billion industrial automation and metrology markets\n\n MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--\nAeva (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced a strategic collaboration with Nikon Corporation, a global manufacturer and supplier of metrology and inspection equipment for the industrial automation and metrology markets. The companies will focus on bringing Frequency Modulated Continuous Wave (FMCW) 4D LiDAR with unique micron-level measurement capability to high precision industrial automation and metrology applications.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210810005226/en/\nNikon is a leading supplier to the growing $10 billion industrial automation and metrology markets, with revenues of approximately $600 million including other small businesses within the segment and leading customers including major global automotive vehicle OEMs, such as BMW, Stellantis and top aerospace manufacturers, among others. The goal of the partnership is to develop next-generation industrial solutions using Aeva’s unique, industry-first 4D LiDAR on chip technology. By leveraging Nikon’s market-leading position in laser radar technology and excellence in industrial precision, Aeva and Nikon expect to accelerate adoption of joint products in industrial automation, metrology and manufacturing applications.\n\n“We are delighted with the opportunity to use Aeva's ground-breaking technology to jointly bring to market metrology solutions that provide our industrial customers with unmatched functionality, combining higher accuracy that is scalable, lower cost, more compact and provides superior performance than current solutions,” said Tadashi Nakayama, CEO of Nikon Metrology, General Manager of Industrial Metrology Business Unit and Corporate Vice President at Nikon.\n\n“This marks a milestone for Aeva’s expansion strategy beyond autonomous driving applications. We’re excit...