AEye Expands Partnership With LITEON And Secures Institutional Investment To Accelerate Apollo Lidar Production

Author: Benzinga Newsdesk | November 06, 2025 08:35am

AEye, Inc. (NASDAQ:LIDR), the global pioneer in software-defined lidar and creator of the high-performance Apollo sensor, today announced a major acceleration of its growth strategy, driven by an expanded manufacturing engagement with LITEON Technology Corp. (TWSE: 2301) and a strategic capital infusion from a globally recognized institutional investor.

These developments will supercharge AEye's capital-light model, enabling rapid scaling of Apollo production to meet growing global demand while maintaining operational efficiency and financial discipline.

LITEON, a global leader in optoelectronics and power management, is collaborating with AEye to establish a dedicated manufacturing line for Apollo lidar units. The initiative not only expands its capacity but also upgrades its capabilities to meet the requirements of Apollo's upcoming demands. LITEON is allocating resources and manufacturing expertise to support the establishment of the new production line as part of its ongoing collaboration with AEye.

Designed for highly automated precision assembly and automotive-grade quality, the new line will initially support an annual output of up to 60,000 Apollo units, positioning AEye to meet near-term demand across automotive, defense, smart infrastructure, and industrial markets. Full production capacity is expected by mid-2026.

In parallel, the additional institutional capital is expected to accelerate manufacturing readiness and delivery of Apollo units to global customers. This capital strengthens AEye's balance sheet and reinforces investor confidence in its asset-efficient, partnership-driven model designed to scale output without heavy fixed-cost burden.

Posted In: LIDR