Earnings release
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AEVA NEWS RELEASE Aeva Reports Second Quarter 2021 Results 8/12/2021 Continued momentum in automotive , expanding TuSimple collaboration with Aeva as the only long - range LiDAR on TuSimple's current trucking fleet ● Key expansion beyond automotive with Nikon strategic collaboration to bring Aeva 4D LIDAR to industrial automation and precision metrology markets MOUNTAIN VIEW , Calif .-- ( BUSINESS WIRE ) -- Aeva ( NYSE : AEVA ) , a leader in next - generation sensing and perception systems , today announced its second quarter 2021 results . Key Company Highlights Formed strategic collaboration with Nikon to develop next - generation solutions utilizing unique capabilities of Aeva's 4D LIDAR for industrial automation and precision metrology markets • Continued momentum in automotive across programs including with undisclosed customer ; expanding TuSimple collaboration with Aeva as the only long - range LIDAR on TuSimple's current trucking fleet On track to complete B sample development by year - end Over 100 % team growth over the past two quarters to support customer development and new program opportunities Strengthened team with key leadership hires in product design , development and validation ● ● B sample development on schedule to be completed by year - end " Aeva continues to build on strong momentum across multiple fronts . We're driving forward with automotive collaborations across programs , and expanding into new markets , including our strategic collaboration with Nikon 1