AEye Accelerates Growth Strategy with Expanded LITEON Manufacturing Engagement and New Institutional Investment
The collaboration establishes a dedicated Apollo production line with capacity of up to 60,000 units annually, reinforcing AEye’s capital-light model and readiness for global-scale deployment.
AEye, Inc. (NASDAQ: LIDR), the global pioneer in software-defined lidar and creator of the high-performance Apollo sensor, 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.
“These developments mark a defining moment for AEye,” said Matt Fisch, CEO of AEye. “LITEON’s expanded manufacturing engagement and our mutual commitment to scaling Apollo production, along with the strategic support from our investor, validate our capital-light strategy and reflect strong conviction in Apollo’s commercial potential. Together, we’re ensuring that AEye can deliver at scale, with the quality, reliability, and cost structure demanded by global automotive and infrastructure customers.”
Apollo’s ability to detect objects up to one kilometer away, while maintaining its compact size and low-power performance, has positioned it as a front-runner for next-generation safety and perception systems. The expanded production capacity underscores the market’s belief in Apollo’s readiness for high-volume deployment and AEye’s disciplined approach to scaling through world-class partnerships rather than heavy capital expenditure.
