AEye Expands Manufacturing Capacity to 60,000 Units with LITEON and Institutional Investor Support

AEye has expanded its manufacturing capacity to 60,000 units through a partnership with LITEON Technology Corp. and a strategic capital infusion from an institutional investor. This will enable the company to meet growing global demand for its Apollo lidar units, which are used in automotive, defense, smart infrastructure, and industrial applications. The expanded capacity is expected to be fully operational by mid-2026.