AEye’s Jordan Greene Receives Prestigious Automotive Industry Honor From Informa Tech Automotive Awards
November 19 2021 - 8:00AM
Business Wire
Greene named Automotive Inspiration of the
Year, Under 30
AEye, Inc. (NASDAQ: LIDR) today announced that AEye co-founder
and General Manager of Automotive, Jordan Greene has been named
Automotive Inspiration of the Year, Under 30 by Informa Tech
Automotive. The award recognizes an individual under the age of 30
who has made a significant contribution to the automotive
technology industry, has demonstrably pushed the boundaries within
automotive tech, and has contributed to positively driving change
in the industry. The award was presented at Automotive Tech Week,
taking place November 15-19 in Novi, Michigan.
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AEye co-founder and GM of Automotive,
Jordan Greene, named Automotive Inspiration of the Year, Under 30
(Photo: Business Wire)
Greene co-founded AEye in 2013, and has been a key contributor
to the company’s core IP and the design of five generations of
LiDAR products and perception software. Through his strategic
leadership, AEye has created the industry’s first adaptive, high
performance LiDAR platform designed to leverage deterministic
artificial intelligence to increase probability of detection,
reduce false positive rates, and increase the speed and quality of
data acquisition and classification. On the business side, Greene
has pioneered a business model that leverages the automotive supply
chain and the global manufacturing capabilities of Tier 1
automotive suppliers like Continental to reduce costs and drive
innovation. Greene’s technical and business acumen, as well as his
leadership, have promoted technological advancements that are
serving to accelerate safe vehicle autonomy.
“I’m honored to be recognized as an automotive inspiration in an
industry that is aggressively innovating on the road to autonomy,”
said Greene. “We made a decision at AEye’s inception to take a
software-first approach, believing that an adaptive platform is the
key to meeting OEMs’ dynamic requirements, and that the best way to
serve automakers is by leveraging the existing Tier 2 and Tier 1
value chain. Our bet has paid off, as the industry realizes the
importance of intelligent data capture and the ability to
continuously push out features and improvements over time. AEye’s
software-first approach fits with OEMS’ evolving business model,
and ensures adaptive safety.”
Winners of the Informa Tech Automotive Awards were selected
based on rigorous criteria set forth by Informa’s judging panel,
supported by the WardsAuto and Wards Intelligence editorial and
analyst teams.
About AEye
AEye is the premier provider of intelligent, next generation,
adaptive LiDAR for vehicle autonomy, advanced driver-assistance
systems (ADAS), and robotic vision applications. AEye’s adaptive
LiDAR leverages biomimicry and principles from automated targeting
applications used by the military to scan the environment,
intelligently focusing on what matters most, enabling faster, more
accurate, and more reliable perception. It is the only software
configurable LiDAR with integrated deterministic artificial
intelligence, delivering industry-leading performance in range,
resolution, and speed. The company was founded in 2013 and is based
in the San Francisco Bay Area.
Forward-Looking Statements
Certain statements included in this press release that are not
historical facts are forward-looking statements within the meaning
of the federal securities laws, including the safe harbor
provisions under the United States Private Securities Litigation
Reform Act of 1995. Forward-looking statements are sometimes
accompanied by words such as “believe,” “continue,” “project,”
“expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “predict,” “plan,” “may,” “should,” “will,” “would,”
“potential,” “seem,” “seek,” “outlook,” and similar expressions
that predict or indicate future events or trends, or that are not
statements of historical matters. Forward-looking statements are
predictions, projections, and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. These statements
are based on various assumptions, whether or not identified in this
press release. These forward-looking statements are provided for
illustrative purposes only and are not intended to serve as and
must not be relied on by an investor as a guarantee, an assurance,
a prediction, or a definitive statement of fact or probability.
Actual events and circumstances are very difficult or impossible to
predict and will differ from the assumptions. Many actual events
and circumstances are beyond the control of AEye. Many factors
could cause actual future events to differ from the forward-looking
statements in this press release, including but not limited to: (i)
the risks that the Company will be unable to deliver world leading
performance to its customers as quickly as anticipated, or at all;
(ii) the risks that we will be able to successfully launch products
into the market, or at all; (iii) the risks that the Company’s
relationship with the Tier 2 and Tier 1 value chain will result in
the development of a product for the automotive market that meets
the expectations of customers, or at all; (iv) the risks that the
Company’s products can be optimized for multiple markets, or at a
price point acceptable to our customers; (v) the risks that lidar
adoption occurs slower than anticipated or fails to occur at all;
(vi) the risks that AEye’s products will not meet the diverse range
of performance and functional requirements of AEye’s target markets
and customers; (vii) the risks that AEye’s products will not
function as anticipated by AEye or by AEye’s target markets and
customers; (viii) the risks that AEye may not be in a position to
adequately or timely address either the near or long-term
opportunities that may or may not exist in the evolving autonomous
transportation industry; (ix) the risks that AEye will be unable to
successfully realize the benefits of AEye’s capital-light business
model; (x) the risks that laws and regulations are adopted
impacting the use of lidar that AEye is unable to comply with, in
whole or in part; (xi) changes in competitive and regulated
industries in which AEye operates, variations in operating
performance across competitors, and changes in laws and regulations
affecting AEye’s business; (xiii) the risks that AEye is unable to
adequately implement its business plans, forecasts, and other
expectations, and identify and realize additional opportunities;
and (xiv) the risks of downturns and a changing regulatory
landscape in the highly competitive and evolving industry in which
AEye operates. These risks and uncertainties may be amplified by
the COVID-19 pandemic, which has caused significant economic
uncertainty. The foregoing list of factors is not exhaustive. You
should carefully consider the foregoing factors and the other risks
and uncertainties described in the “Risk Factors” section of the
Quarterly Report on Form 10-Q that AEye filed with the U.S.
Securities and Exchange Commission (the “SEC”) and other documents
filed by AEye or that will be filed by AEye from time to time with
the SEC. These filings identify and address other important risks
and uncertainties that could cause actual events and results to
differ materially from those contained in the forward-looking
statements. Forward-looking statements speak only as of the date
they are made.
Readers are cautioned not to put undue reliance on
forward-looking statements; AEye assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise. AEye gives no assurance that AEye will achieve any of
its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20211119005248/en/
Media Contact: AEye, Inc. Jennifer Deitsch
jennifer@aeye.ai 925-400-4366
Investors: Financial Profiles, Inc. Matthew Keating, CFA
AEye@finprofiles.com 310-622-8230
John Brownell AEye@finprofiles.com 310-622-8489
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