financetom
Business
financetom
/
Business
/
Aeva Technologies supplying sensors for Airbus autonomous gate taxi tests
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Aeva Technologies supplying sensors for Airbus autonomous gate taxi tests
May 26, 2025 10:35 AM

SAN FRANCISCO (Reuters) - Aeva Technologies ( AEVA ) said on Monday it is supplying sensors to a subsidiary of European aircraft manufacturer Airbus that is working to develop planes that can taxi to airport gates autonomously.

Aeva ( AEVA ), founded by former Apple and Nikon engineers, makes a lidar sensor that can map a three-dimensional view of the area around the vehicle and detect how fast distant objects are moving.

It said it is supplying those sensors to Airbus UpNext, which will use the sensors on a testing truck and an A350-1000 flight test aircraft at Toulouse-Blagnac Airport in France.

Aeva ( AEVA ) did not disclose financial details of the deal. Aeva ( AEVA ) CEO Soroush Salehian said the deal will involve several fitting sensors on the initial test plane. 

"We're all working toward automation and this is a new extension for us into aerospace. It's focused on the here and now - improving airport efficiency and reducing the workload on pilots," he told Reuters on Monday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Booking Details Estimated Savings, Costs Related to Planned Organizational Changes
Booking Details Estimated Savings, Costs Related to Planned Organizational Changes
Dec 10, 2024
05:43 PM EST, 12/10/2024 (MT Newswires) -- Booking Holdings ( BKNG ) said late Tuesday that it expects its previously announced organizational changes to reduce its annual run rate expenses by about $400 million to $450 million over the next three years from its expense base this year. Most of these savings, likely to be realized after 2025, are expected...
Cytokinetics Insider Sold Shares Worth $369,639, According to a Recent SEC Filing
Cytokinetics Insider Sold Shares Worth $369,639, According to a Recent SEC Filing
Dec 10, 2024
05:47 PM EST, 12/10/2024 (MT Newswires) -- Fady Ibraham Malik, Executive Vice President, Research & Development, on December 10, 2024, sold 7,300 shares in Cytokinetics ( CYTK ) for $369,639. Following the Form 4 filing with the SEC, Malik has control over a total of 116,071 shares of the company, with 116,071 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1061983/000112760224028977/xslF345X05/form4.xml ...
Lawsuit accuses major food companies of marketing 'addictive' food to kids
Lawsuit accuses major food companies of marketing 'addictive' food to kids
Dec 10, 2024
Dec 10 (Reuters) - Major food companies, including Kraft Heinz ( KHC ), Mondelez ( MDLZ ) and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday accusing them of designing and marketing ultra-processed foods to be addictive to children, causing chronic disease. The lawsuit was filed in the Philadelphia Court of Common Pleas by Bryce Martinez,...
Atlantic International Gets Approval to List Shares on Nasdaq
Atlantic International Gets Approval to List Shares on Nasdaq
Dec 10, 2024
05:51 PM EST, 12/10/2024 (MT Newswires) -- Atlantic International ( ATLN ) said late Tuesday it received approval to list its common shares on the Nasdaq Global Market stock exchange. Shares will start trading on the Nasdaq on Wednesday under the company's existing ticker symbol ATLN, according to the company. Atlantic said its shares previously traded on the OTC Markets....
Copyright 2023-2026 - www.financetom.com All Rights Reserved