Company: LIDRW
Filing Date: 2025-05-12
Form Type: POS AM
Source: 0000947871-25-000486
Chunk: 10

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: POS AM
Chunk 10
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 jets and ground troops on behalf of the U.S. military provided us with the background to develop a differentiated approach to
visual sensing. While traditional sensing systems passively collect data, our active 4Sight Intelligent Sensing Platform
leverages principles from automated targeting systems and biomimicry to scan the environment, while intelligently focusing on what matters
in order to enable safer, smarter, and faster decisions in complex scenarios. From our inception, our culture drew from esteemed scientists
and electro-optics engineers from the National Aeronautics and Space Administration, or NASA, Lockheed Martin Corporation, Northrop Grumman
Corporation, the U.S. Air Force, and the Defense Advanced Research Projects Agency, or DARPA, to create the highest performing sensing
and perception system for the most challenging situations, ensuring the highest levels of safety for autonomous driving.

As a result, our adaptive lidar is designed to enable
higher levels of autonomy and functionality - SAE Levels 2 through 5 - with the goal of optimizing performance, power, and reducing cost.
Our 4Sight Intelligent Sensing Platform is software-definable and network-optimized, and leverages deterministic
artificial intelligence at the edge. We have made substantial investments in our R&D processes and deliver value to our customers
through our manufacturing partners. We perform the majority of our R&D activities in our 6,522 square foot corporate headquarters
located in Pleasanton, California. Our modular design facilitates product hardware updates as technologies evolve, and its small
size and modest heat generation enable very flexible placement options on the interior or exterior of a vehicle. 4Sight
also leverages a common architecture to create application-specific products across different markets.

Our systems-based approach encourages partnerships
from the well-established automotive supply chain, including original equipment manufacturers ( OEMs ) , as well as Tier 1
and Tier 2 OEM suppliers. There is strong alignment between us and our partners given what is required to produce high-performance automotive
grade products at scale, including quality, reliability, and affordability. We anticipate our Tier 1 partners will add value with
OEM customers through industrialization, manufacturing, integration, sales, marketing, product liability, and warranty. We anticipate
our Tier 2 partners will provide automotive-grade sub-components, which are used not only in automotive lidar for ADAS use cases,
but could also be used for products we may sell into the Non-Automotive market. We expect the result will be a high-quality