AEye announced a breakthrough in long-range threat detection and safety in performance specification tests monitored and validated by VSI Labs.
AEye’s iDAR system detected and tracked a truck at 1,000 meters setting a new benchmark for solid-state LiDAR range, and comes after AEye announced a 100Hz scan rate – setting a new speed record for the industry.
The test was conducted on the runway of an airport in Byron, California in order to isolate targets to better measure and calibrate iDAR’s performance. To test range, a standard 20-foot moving truck was tracked and continuously scanned down the length of the 914 meter runway. At the end of the runway, the iDAR system was fully able to continuously detect, and track the movements of the vehicle as well as detect runway signs and markers en route. The AEye sensor vehicle was then taken off the runway to extend the available test range to over 1000m, where iDAR continued to track the truck.
The company simultaneously announced $40M in Series B funding led by Taiwania Capital, bringing the company’s total funding to over $61M. The round was significantly oversubscribed and includes multiple global automotive OEMs, Tier 1s, and Tier 2s to be formally announced at CES in January. In addition to Taiwania Capital, existing investors Kleiner Perkins, Intel Capital, Airbus Ventures and Tychee Partners also participated.