Aeva Q2 revenue rises to $2.6M; forms Nikon collaboration for industrial LiDAR

Aeva Technologies, Inc.

2022-Q2 EPS reported -$0.23 revenue$2,909,000

Revenue $2.6M (up 62.5% YoY from $1.6M); GAAP operating loss $24.7M versus $5.0M loss in Q2 2020.
Cash and equivalents $502.5M as of June 30, 2021.
Strategic collaboration with Nikon to develop 4D LiDAR for industrial automation and precision metrology.
B sample development on schedule for year-end; team grew >100% in past two quarters.
TuSimple collaboration expanded; Aeva is only long-range LiDAR on TuSimple's current fleet.

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