Aeye, Inc. shares rise 6.63% intraday after strategic partnership with Flasheye.

Aeye, Inc. rose 6.63% in intraday trading, driven by the announcement of a strategic partnership with Flasheye. This collaboration integrates Flasheye’s advanced perception engine into AEye’s OPTIS™ platform, enhancing real-time detection and analysis capabilities for infrastructure, transportation, and safety applications. The partnership aims to deliver a highly scalable, intelligent system capable of detecting objects up to one kilometer away, aligning with the positive stock movement.