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Aeva
Aeva Technologies, Inc. (NYSE: AEVA) is a publicly traded American corporation specializing in sensing hardware and perception software, including LiDAR, headquartered in Mountain View, California. Aeva makes sensing and perception tools for vehicular automation, metrology, and industrial automation. History Aeva was founded in 2016 by entrepreneurs Soroush Salehian and Mina Rezk, who previously worked in Apple's Special Projects Group and at Nikon. Following a $3.5 million seed round in 2017, the company came out of stealth mode and raised a subsequent $45 million Series A from Lux Capital and Canaan Partners. The company then raised a corporate round from strategic investors including Porsche SE, and Lockheed Martin. In 2021, Aeva merged with InterPrivate Acquisition Corp. to raise over $560 million and trade publicly on the NYSE under the ticker symbol, AEVA. Aeva also announced a $145 million capital raise with existing long-term stockholders in 2023. To date, Aeva is the o ...
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Luminar Technologies
Luminar Technologies Inc. is an American technology company that develops vision-based lidar and machine perception technologies, primarily for self-driving cars. The company's headquarters and main research and development facilities are in Orlando, Florida; a second major office is located in Palo Alto, California. History 2012–2017: Deep stealth Austin Russell, a 2013 Thiel Fellow, founded Luminar in California in 2012, at the age of 17. Shortly afterward, Jason Eichenholz joined the company in Orlando as chief technology officer and co-founder. The company spent its first five years in stealth mode. Russell's goal was to develop lidar technology with improved resolution and range by having Luminar fabricate many components in-house, rather than relying on off-the-shelf devices. To increase the time automotive lidar provides for a vehicle to react safely from one second to seven seconds at highway speeds, in 2013 Luminar decided to reevaluate the standard operating wa ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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NYSE
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ...
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Application-specific Integrated Circuit
An application-specific integrated circuit (ASIC ) is an integrated circuit (IC) chip customized for a particular use, rather than intended for general-purpose use, such as a chip designed to run in a digital voice recorder or a high-efficiency video codec. #Application-specific standard product, Application-specific standard product chips are intermediate between ASICs and industry standard integrated circuits like the 7400 series or the 4000 series. ASIC chips are typically semiconductor device fabrication, fabricated using metal–oxide–semiconductor (MOS) technology, as MOS integrated circuit chips. As feature sizes have shrunk and Electronic design automation, chip design tools improved over the years, the maximum complexity (and hence functionality) possible in an ASIC has grown from 5,000 logic gates to over 100 million. Modern ASICs often include entire Central processing unit, microprocessors, memory blocks including Read-only memory, ROM, Random-access memory, RAM, ...
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Laser Beam
A laser is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. The word ''laser'' originated as an acronym for light amplification by stimulated emission of radiation. The first laser was built in 1960 by Theodore Maiman at Hughes Research Laboratories, based on theoretical work by Charles H. Townes and Arthur Leonard Schawlow and the optical amplifier patented by Gordon Gould. A laser differs from other sources of light in that it emits light that is ''coherent''. Spatial coherence allows a laser to be focused to a tight spot, enabling uses such as optical communication, laser cutting, and lithography. It also allows a laser beam to stay narrow over great distances ( collimation), used in laser pointers, lidar, and free-space optical communication. Lasers can also have high temporal coherence, which permits them to emit light with a very narrow frequency spectrum. Temporal coherence can al ...
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Freightliner Cascadia
The Freightliner Cascadia is a heavy-duty semi-trailer truck produced by Freightliner Trucks. The Freightliner Cascadia was designed with fuel efficiency in mind, as well as improving upon several other features including the powertrain offerings, sound mitigation, safety systems, and overall mechanical reliability from its predecessors. It is offered in three basic configurations: Day Cab, Mid-Roof XT, and Raised Roof. The latter two models are sleeper cabs, offered in various lengths, ranging from 48 to 72 inches (Raised Roof models available for 60” or 72” lengths only). The Cascadia was sold chiefly in North America until 2020, when an export, primarily geared towards the Australian and New Zealand markets, was introduced. Before the introduction of the export variant, its place remained occupied by the Freightliner Century (no longer in US production) for export markets. Cascadia Evolution The Cascadia Evolution is a more fuel-efficient version of the Cascadia, rel ...
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Torc Robotics
Torc Robotics (Torc), an independent subsidiary of Daimler Truck, is an American autonomous truck company headquartered in Blacksburg, Virginia, with operations in Albuquerque, New Mexico; Austin, Texas; and Stuttgart, Germany. Torc is testing autonomous trucks in Virginia, New Mexico, and Texas and is taking a pure play approach to commercialization – focusing at first on one platform (Daimler Freightliner Cascadia) in one region (United States). Until becoming a subsidiary of Daimler, Torc produced unmanned and autonomous technology that retrofits existing machinery and vehicles. Its custom products, software, and automation kits have been used on vehicles in several industries, including military, mining, agriculture, and automotive over the last decade. Through 2014, 50 percent of Torc's revenue came from defense work and the rest from commercial customers. Some of its end users include the United States Department of Defense, the U.S. Marines, Air Force Research Labs (AFR ...
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Daimler Truck
Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Mercedes-Benz Group, Daimler AG from November 2019 to December 2021. History The Daimler Truck and Daimler Buses divisions include the eight vehicle brands BharatBenz, Freightliner, FUSO, Mercedes-Benz, RIZON, Setra, Thomas Built Buses and Western Star. Daimler Truck is the global market leader in the medium and heavy-duty truck segment with a gross vehicle weight of over 6 tons. In 2019, around 489,000 vehicles were delivered in this segment. Financial and mobility services are offered via the Daimler Truck Financial Services division. Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate ...
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Toyota Sienna
The Toyota Sienna is a minivan manufactured and marketed by Toyota primarily for the North American market. It is named for the Italian city of Siena, in the region of Tuscany. It replaced the first generation Toyota Previa, Previa van in 1997 (for the 1998 model year) with a more conventional front-wheel drive layout and shares a heavily revised Automobile platform, platform with the Toyota Camry, Camry. Both the Previa and original Sienna were smaller than the other minivans they competed against, but a redesign in 2003 (for the 2004 model year) increased the dimensions to match those of its competitors. It was redesigned again in 2010 (for the 2011 model year). The third generation Sienna went on sale in the United States in February 2010 and is the first Sienna to ever receive a "Top Safety Pick" award from the Insurance Institute for Highway Safety. A 2020 redesign (for the 2021 model year) saw the Sienna becoming a Hybrid electric vehicle, hybrid vehicle for its fourth gen ...
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Nvidia Drive
NVIDIA DRIVE is a computer platform by Nvidia, aimed at providing autonomous car and driver assistance functionality powered by deep learning. The platform was introduced at the Consumer Electronics Show (CES) in Las Vegas in January 2015. An enhanced version, the Drive PX 2 was introduced at CES a year later, in January 2016. The closely platform related software release program at some point in time was branded NVIDIA DRIVE Hyperion along with a revision number helping to match with the generation of hardware it is created for - and also creating ready to order bundles under those term. In former times there were only the terms Nvidia Drive SDK for the developer package and sub-included Nvidia Drive OS for the system software (aka OS) that came with the evaluation platforms or could be downloaded for OS switching and updating later on. Hardware and semiconductors Maxwell based The first of Nvidia's autonomous chips was announced at CES 2015, based on the Maxwell GPU micro ...
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Series A
A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their secu ...
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Mountain View, California
Mountain View is a city in Santa Clara County, California, United States, part of the San Francisco Bay Area. Named for its views of the Santa Cruz Mountains, the population was 82,376 at the 2020 United States census, 2020 census. Mountain View was integral to the early history and growth of Silicon Valley, and is the location of many high technology companies. In 1956, William Shockley established Shockley Semiconductor Laboratory in Mountain View, the first company to develop silicon semiconductor devices in Silicon Valley. Mountain View houses the headquarters of many of the world's largest technology companies, including Google and Alphabet Inc., Unicode Consortium, Intuit, Applied Intuition, NASA Ames Research Center, and former or existing headquarters for NortonLifeLock, Symantec, 23andMe, LinkedIn, Samsung, Quora and Synopsys. History The fertile land between the Santa Cruz Mountains and the shores of the southern San Francisco Bay once supported multiple village ...
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