AEye Launches 4Sight+, Increasing Spatial Resolution and Range to Deliver Path-Planning, Obstacle Avoidance, and Prediction Capabilities
Portfolio Pulse from Benzinga Newsdesk
AEye, Inc. (NASDAQ:LIDR) has announced 4Sight+, a new addition to its 4Sight Intelligent Sensing product line. The new product offers improved path-planning, obstacle avoidance, and prediction capabilities. The company's software-defined architecture has been leveraged to increase the sensor's range by 20% and spatial resolution by 400%, enhancing its small obstacle detection capabilities.
June 28, 2023 | 11:59 am
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AEye's new product, 4Sight+, could potentially increase the company's market share in the lidar solutions sector. The improved features of the product may attract more customers, potentially leading to increased revenues.
The launch of a new product with improved features usually attracts more customers, which could lead to increased sales and revenues. This could potentially have a positive impact on AEye's stock price in the short term.
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