LG Innotek will manufacture and supply Aeva Technologies’ Atlas Ultra 4D LiDAR sensors for cars. The deal includes LG Innotek investing up to $50 million for a roughly 6% stake in Aeva.
This partnership starts in automotive, targeting top 10 global passenger vehicle OEMs. Later, the tech will expand to consumer gadgets, robotics, and industrial automation.
Aeva’s tech uses Frequency Modulated Continuous Wave instead of typical time-of-flight LiDAR. This adds velocity data per pixel in real time — a new dimension in sensing. 
Aeva CEO Soroush Salehian explained the leap in capability:
“It’s like going from black-and-white to color camera. We get this velocity information as a new dimension,”
Aeva has shrunk the entire LiDAR system into a silicon photonics chip for better scale and integration. The new funding will speed miniaturization toward a single monolithic chip.
Salehian said:
“Over the past eight years, we’ve made [the hardware] super small, and we’re sticking to that trajectory. We’re going to make it down to a monolithic, single-chip,”
Aeva also works with Nikon in Japan and CKG in Germany for manufacturing. Their sensors are currently active in smart infrastructure, including security at US airports like SFO and JFK Terminal One.
Source: LG Innotek, Aeva
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