Aeva Technologies shares rise 1.38% premarket after introducing Atlas Orion 4D LiDAR for smart infrastructure.

Aeva Technologies, Inc. rose 1.38% in premarket trading, with the company introducing the Aeva Atlas Orion 4D LiDAR sensor. This high-performance sensor is designed to transform smart infrastructure and security, meeting rigorous NEMA-TS2 traffic signal control standards. The sensor's single-box design with integrated power and data over ethernet (PoE++) makes deployment fast and cost-efficient, while Aeva's breakthrough FMCW 4D LiDAR technology provides the accuracy and intelligence needed to power data-driven smart cities and secure facilities.