SAN FRANCISCO (Reuters) -Aeva Technologies, a firm founded by former Apple engineers that makes sensors used in factories and self-driving vehicles, on Wednesday said it had sold a 6% stake for $50 million to an unnamed strategic partner that will also handle some of its manufacturingin the future.
Aeva's lidar sensors help factory equipment and vehicles gain a three-dimensional view of their surroundings. Aeva's version of the technology can also detect how fast objects are moving, which can help cars determine if an object in the distance is stationary or moving.
