Reported about 7 hours ago
Aeva Technologies, known for its lidar sensors used in manufacturing and self-driving vehicles, has sold a 6% stake for $50 million to an unnamed strategic partner who will also assist in future manufacturing. This agreement has led to a 3% increase in Aeva's stock price. The company collaborates with various firms, including Daimler Truck AG, to enhance autonomous driving and improve defect detection in automated manufacturing processes.
Source: YAHOO