Company: LIDRW
Filing Date: 2025-05-12
Form Type: POS AM
Source: 0000947871-25-000486
Chunk: 9

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: POS AM
Chunk 9
---
 statements contained
herein, whether as a result of any new information, future events, changed circumstances, or otherwise.

You should read this prospectus , any accompanying
prospectus supplement and the documents incorporated by reference herein completely and with the understanding that our actual future
results may be materially different from what we expect. We qualify all of our forward-looking statements by these cautionary statements.

| 3 |

<div align='center'>PROSPECTUS SUMMARY</div>

This summary highlights certain information about us, this offering and selected information contained elsewhere in or incorporated by reference into this prospectus. This summary is not complete and does not contain all of the information that you should consider before deciding whether to invest in shares of our Common Stock. For a more complete understanding of our Company and this offering, we encourage you to read and consider carefully the more detailed information in this prospectus, including the information incorporated by reference in this prospectus, any subsequently filed Annual Report on Form 10-K or Quarterly Reports on Form 10-Q and our other filings with the SEC that are incorporated by reference into this prospectus and our financial statements and related notes incorporated by reference in this prospectus, including the information under the heading “Risk Factors” in this prospectus on page 8 and in the documents incorporated by reference in this prospectus. Please see the sections titled “Where You Can Find More Information” and “Incorporation of Certain Information by Reference” in this prospectus.

Amounts below are in thousands, except share amounts or per share data or where we use the word “million” or “billion”.

Overview

We are a provider of high-performance, active lidar
systems for vehicle autonomy, advanced driver-assistance systems ( ADAS ) , and robotic vision applications. We have developed
an artificial intelligence technology that enables adaptive “intelligent sensing,” differentiating us in the marketplace
from our competition. Our proprietary 4Sight Intelligent Sensing Platform includes a solid-state software definable active
lidar sensor, an adaptive sensing SmartScan architecture to scan dynamic scenes/targets, and a sophisticated signal processing capability
that provides precise measurements and imaging for various safety-critical applications.

We were founded in 2013 by Luis Dussan, a member of
our Board of Directors and our first Chief Executive Officer, with the goal of creating a deterministic AI-driven sensing system that
performs better than the human eye and visual cortex. Mr. Dussan’s experience developing mission-critical targeting systems for
fighter