Aeva Technologies, Inc. is a technology company that designs, manufactures, and sells advanced 4D LiDAR sensing systems and perception software. Headquartered in Mountain View, California, the company serves the automotive, industrial automation, consumer electronics, and robotics markets. Aeva is distinctive for its proprietary Frequency Modulated Continuous Wave (FMCW) technology, which integrates LiDAR components onto a silicon photonics chip to simultaneously measure both the 3D position and instant velocity of objects.
Aeva depends on a small number of customers with strong purchasing power - its top three customers accounted for 64% of revenue (28%, 18% and 18% individually) in fiscal year 2025, compared with a top-two concentration of 72% in fiscal year 2024.