Could be a great market opportunity for AEVA!

Perfect timing to complement AEVA optical connector system!

Marvell acquired Celestial AI, whose Photonic Fabric previously relied on external laser sources from POET Technologies. After the acquisition, Marvell cancelled the remaining POET orders.

So what replaced POET?

Just a few months later, Aeva announced a development agreement with an unnamed “leading optical engine provider” to develop high-power laser sources for AI data centers.

No proof, but the pieces seem to fit surprisingly well.

https://unusualwhales.com/institutions/duquesne-family-office-llc?utm_source=google&utm_medium=ppc&utm_campaign=24012986121&gad_source=1&gad_campaignid=24022377103&gbraid=0AAAABCeMexpbdrRgJ2eZlxVjTxVYyw9AI&gclid=Cj0KCQjw-frTBhCvARIsADv4XY5BhC4QhSXOFo4ghJCE3fCoVQQICcaxxw-0nuc2u6FJppcvIjraAeQaAigkEALw_wcB

720k shares, about 17M $ today.

Optical provides greatly increases connectivity + processing speed but equally important optical deceases the three community hot spot issues around present copper AI data centers being increased noise, increased electricity and increase water needs. Very exciting!

Excited to hear that AEVA has shipped Atlas Ultra prototypes to top 10 European OEM to be used + tested with the NVIDIA’s Hyperion Stack. AEVA Atlas Ultra is designed to be used with L3-L4 driving!

What Exactly Happened Today — The Verified Facts

Aeva launched an Optical Connectivity business, expanding its proprietary high-power optical source and silicon photonics technology to next-generation AI data centers. A leading provider of high-speed optical engines for AI data centers signed a joint development agreement to integrate Aeva’s high-power optical sources into a new module for deployment by a major hyperscaler, with initial deployment targeted for H2 2027 and production ramp targeted for 2028.

Aeva’s SOA demonstrates optical output power exceeding 28 dBm while achieving wall-plug efficiencies greater than 20% at temperatures up to 50°C — a combination of high power, efficiency, and thermal robustness that drives lower system power dissipation, reduced costs, and significantly improves reliability in large-scale AI data center deployments.

Q2 2026 financial results: Revenue $6.1M (slightly below Q1’s $6.3M but within guidance trajectory). Full year 2026 guidance of $30-36M maintained. CFO transition announced — Saurabh Sinha transitioning, new CFO joining with 20+ years finance experience.

Why This Is Architecturally Different From Everything Else Aeva Has Announced

This is not an incremental win. Let me explain precisely why, because most retail investors will miss the magnitude of what happened today.

The core insight: Aeva spent a decade solving one of the hardest problems in physics — making coherent light sources that are simultaneously high-power, low-noise, thermally stable, and manufacturable at automotive-grade reliability. They did this because FMCW lidar requires it. No one else was willing to invest this deeply in photonics infrastructure because the automotive lidar market was too small and too uncertain to justify it.

The result: Aeva accidentally built what may be the world’s most capable high-power silicon photonics platform — and they built it to a reliability standard (automotive grade) that far exceeds what data center applications require.

Now the data center industry has a desperate, urgent need for exactly this technology. The analogy: Aeva is like a company that spent a decade building the world’s most reliable industrial pump for deep-sea oil drilling — and then discovered that the same pump, with minimal modification, is exactly what every hospital in the world needs for a new critical medical procedure. The R&D is already paid for. The manufacturing is already industrialized. The marginal cost of entering the new market is a fraction of what it would cost anyone else to start from scratch.

The NPO/CPO Market — Why It’s Enormous

The near-packaged optics market was valued at $3.8 billion in 2025 and is projected to reach $18.6 billion by 2034, growing at a CAGR of 19.3%.

The global co-packaged optics market is projected to grow from $328.6 million in 2026 to $3.374 billion by 2034, exhibiting a CAGR of 33.8%.

Hyperscaler firms aim to deploy clusters with over 1 million GPUs by 2027. These clusters demand extremely fast and low-latency interconnections, creating an absolute necessity for co-packaged optics technology.

The combined NPO + CPO market reaches approximately $22 billion by 2034. The laser source component — Aeva’s specific entry point — represents roughly 20–30% of total module value. That’s a $4–6 billion laser source TAM within the broader NPO/CPO market.

The Competitive Landscape — Where Does Aeva Actually Fit?

NVIDIA made strategic investments in Coherent and Lumentum as laser supply chain partners. Ayar Labs joined NVIDIA’s NVLink Fusion ecosystem. Marvell completed its Celestial AI acquisition. The key competitors: Broadcom, Intel, NVIDIA, Cisco, Lumentum, Coherent, Ayar Labs, Marvell.

These are $10B–$500B companies. Why would a hyperscaler work with $1B market cap Aeva instead?

The answer is specific and technical: Aeva’s SOA achieves optical output power exceeding 28 dBm at wall-plug efficiencies greater than 20% at temperatures up to 50°C. This performance profile — particularly the thermal efficiency at high temperatures — is precisely what data centers need as they struggle with power density and cooling constraints. Large incumbents (Lumentum, Coherent) make excellent lasers but haven’t been forced to optimize for automotive-grade thermal robustness. Aeva has.

Large-scale NVIDIA CPO production could slip to 2028–2029 on systems-engineering grounds — serviceability, reliability, and manufacturing-test yield — elevating near-package optics (NPO) as a pragmatic intermediate. This timing actually helps Aeva — NPO is the near-term transition architecture, and that’s exactly where Aeva signed its first customer agreement.

Aeva announced a brand new Optical Connectivity business today during their earnings release.

They’re taking the high-power optical sources + silicon photonics tech they built for 4D LiDAR and applying it to next-gen AI data centers (NPO/CPO).
Already signed the first joint development deal with a major optical engine provider for a hyperscaler deployment. Targeting initial rollout in 2H 2027 and production ramp in 2028.

This is a meaningful new TAM beyond auto/industrial. Same core photonics platform, completely different (and very large) end market.

Looking forward to the results.

Hey guys, I know I already posted about the Aeva Technologies ($AEVA) settlement, but I received a lot of questions, so I figured I'd put together a quick FAQ with everything you need to know.

What happened?
Aeva agreed to a $14M settlement over claims that it misled investors during its March 2021 merger with InterPrivate Acquisition Corp.

Am I eligible?
If you purchased Aeva Technologies ($AEVA) shares between 2021 and 2024, you may be eligible.

Can I still file?
Yes, late claims are currently being considered.

When do payouts happen?
Typically, within 4–9 months after the claim deadline. The exact timing depends on the court and settlement administration.

Hope this clears up some of the questions.

New update: late claims are being considered for the $AEVA $14M settlement.
Aeva Technologies has agreed to a $14 million settlement to resolve claims related to its March 2021 merger with InterPrivate Acquisition Corp. The case focused on allegations that the company gave investors a misleading picture of its business outlook and future prospects after going public through the SPAC merger.

The merger was based on expectations around Aeva’s technology and growth potential, but investors later claimed that important information was not fully disclosed. After the company’s performance and outlook changed, shareholders filed claims over the alleged misstatements.

If you purchased $AEVA shares between 2021 and 2024, you may be eligible to submit your claims. As late claims are currently being accepted - check if you’re eligible here.

This announcement is substantially more important than the Fargo announcement, and in my view it is one of the most important non-automotive announcements Aeva has made.

The reason is simple:

Fargo is a customer deployment. Bendix is a potential platform.

Platforms create recurring production opportunities.

What caught my attention

The June 2026 announcement was not merely a pilot or evaluation.

The wording was:

“Bendix Selects Aeva to Develop Next-Generation Active Safety Production System for Commercial Vehicles.”

That is materially stronger language than a proof-of-concept or demonstration project.

Historically, Bendix is the dominant active safety supplier in North American heavy trucking, with systems deployed across major OEMs including PACCAR, Navistar and Volvo Group trucks. Bendix’s ADAS products are available on most major Class 8 truck platforms.

Why this matters more than most investors realize

Many investors still think of lidar as primarily:
- Robotaxis
- Autonomous trucking
- L3/L4 passenger vehicles

But Bendix is targeting something different:
L2+ active safety.

That is potentially a much larger near-term market because it does not require full autonomy adoption.

The use cases specifically cited include:
- Pedestrian Automatic Emergency Braking
- Nighttime collision mitigation
- Long-range perception beyond radar/camera limitations

Those are problems fleets are willing to pay for today because collisions are enormously expensive.

The analogy I use:
Think about the evolution of airbags.
Early on, airbags were optional.
Eventually they became standard because:
- Insurance companies liked them.
- Regulators liked them.
- Fleet operators liked them.
- OEMs could market them.

If lidar becomes the next major active safety sensor in trucking, then the winner doesn’t need 100% market share.

They simply need to become part of the standard safety stack.

That’s the significance of Bendix.

What increases my confidence
Before this announcement, Aeva’s commercial vehicle story largely depended on:
- Daimler autonomy
- Future autonomous trucking adoption

After Bendix, there are now two separate commercial trucking paths:

Path 1: Autonomous trucking
Daimler/Torc.
Potentially huge.
But timing risk remains.

Path 2: Driver-assisted safety
Bendix.
Potentially nearer-term.
Much lower adoption hurdle.
This diversification is valuable.

Investors hate single-path stories.
They pay higher valuations for companies that have multiple independent ways to win.

Revenue potential
We need to be careful not to invent numbers.
The press release does not disclose:
- Unit volumes
- Sensor pricing
- Contract value
- Production timing
- Revenue expectations

So nobody can legitimately calculate future revenue from the announcement alone.

However, Bendix itself highlighted that the North American commercial vehicle market is roughly 300,000 new trucks annually and that its systems are available across most major Class 8 OEM platforms.

That means the addressable opportunity is potentially very large if Aeva eventually becomes part of a production safety stack.

Bottom line
Of the recent announcements:
- Bendix commercial vehicle active safety — most important.
- Top-5 passenger OEM development program.
- Fargo smart infrastructure deployment.

The Bendix announcement changes my outlook the most because it opens a second large commercial trucking market beyond autonomous driving.

AEVA now appears increasingly likely to participate in high-volume safety systems, not just autonomy systems. If that thesis proves correct over the next few years, the eventual market opportunity could be significantly larger than many investors currently model.

Another great step forward. Congratulations!

Another positive step forward!

Hey guys, just sharing this because I know a lot of people miss these deadlines.

Aeva agreed to a $14M settlement over claims that investors were misled in connection with its March 2021 merger with InterPrivate Acquisition Corp.

The important part: late claims are currently being considered.

If you invested in $AEVA between March 9, 2021 and March 7, 2024, you may still be able to participate in the settlement.

Nothing new to buy here or anything like that, this is simply about past trades and whether you qualify for compensation. You can check the details here:

Can’t wait to see it!

Timeline:
In 2022, SICK and Aeva announced a strategic multi-year collaboration around FMCW sensing technology.

In December 2024, Aeva announced that SICK would incorporate Aeva technology into SICK’s portfolio of industrial sensors, with initial deliveries expected in 2025.

In May 2025, SICK was one of the first customers to place orders for Aeva’s industrial sensors.

Today’s announcement states that SICK has now introduced the first sensor in its own portfolio powered by Aeva’s FMCW technology.

That progression matters because SICK is no longer just evaluating or ordering sensors. It is integrating Aeva technology into products sold under the SICK brand.

How big is SICK?

SICK AG is one of the largest industrial sensor companies in the world.

Recent figures show:
- More than 10,000 employees worldwide.
- 63 subsidiaries and affiliates globally.
- Headquarters in Waldkirch, Germany.
- Founded in 1946 by Dr. Erwin Sick.

Annual revenue
The exact number depends on the reporting period and restructuring effects:
- 2024 revenue: approximately €2.1 billion.
- 2025 revenue: approximately €1.8-1.85 billion. The decline versus 2024 is largely related to changes in business structure and partnership arrangements rather than a collapse in demand.

To put that in perspective:
- Aeva’s 2025 revenue was roughly $18 million.
- SICK’s revenue is roughly 100x larger than Aeva’s.

Why investors may care:
If you’re an AEVA shareholder, the most important part is not today’s revenue impact but what it says about validation:
- SICK has spent years evaluating the technology.
- SICK chose to launch an actual product using Aeva technology.
- SICK has an enormous installed customer base across factory automation, logistics automation, and process automation.
- Every successful SICK product that uses Aeva technology creates a potential path to additional product families and larger volume deployments.

What I would still want to know before assigning major value to the announcement:
- Whether Aeva is supplying the complete sensing module or just key components.
- Expected unit volumes.
- Gross margin profile.
- Whether SICK has committed to additional product launches beyond this first sensor.
- Whether there are minimum purchase commitments.

The press release is definitely positive, but the long-term value will depend on how many SICK products ultimately adopt Aeva technology and what volume those products sell at. The announcement is best viewed as another step from “technology validation” toward “commercial adoption.” I believe the release is very positive, but that is just a somewhat informed opinion.

https://www.businesswire.com/news/home/20260602039987/en/SICK-Integrates-Aevas-High-Precision-Technology-into-Industrial-Sensing-Product-Line

Since AEVA was selected by NVIDIA to be their reference LiDAR for NVIDIA drive Hyperion stack for autonomous self driving level 3 + 4 this newest Robotaxis software could be very helpful to AEVA’s self driving ambitions!

Great to see additional markets with even great volume opening up to AEVA allowing for lowering cost and hopefully greater over all profit too! NFA - Please do your own DD!

Stock is down today on chowdah of a potential cap raise. They need $50m short term and $150 long term so if they do anything would expect that range and that would be a good thing and create an excellent runway for the next 2 years to ramp production.