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LIDR - Why AEye (LIDR) Shares Are Skyrocketing | Benzinga

AEye Inc.

AEye Inc (NASDAQ:LIDR) shares are trading higher by 75% to $2.06 during Friday’s session after the company disclosed a partnership with LITEON Technology Corporation.

AEye says this partnership aims to provide AEye access to customer channels and industrialization support. Together, they will supply AEye’s 4Sight™-based lidar products to automotive OEMs focused on safety through ADAS. By leveraging LITEON’s experience and capabilities in automotive electronics, the collaboration seeks to deliver advanced lidar solutions at competitive costs.

LITEON’s extensive expertise and global presence ...

LIDR) Shares Are Skyrocketing>Full story available on Benzinga.com
Stock Information
Company Name: AEye Inc.
Stock Symbol: LIDR
Market: NASDAQ
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