Aeva Opens Asia-Pacific Office, Hires Industry Veteran to Lead 4D LiDAR Sales | national company

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–April 27, 2022–

Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced the addition of LiDAR industry executive Barrs Lang to lead sales and accelerate the release of Aeva’s next-generation 4D LiDAR™ FMCW sensors. Aeva also opened its first office in China to broaden its reach and deepen its relationships with customers in the Asia-Pacific region.

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Barrs Lang, Vice President of Global Sales at Aeva (Photo: Business Wire)

“We are excited to welcome Barrs to the Aeva team as customer demand for our 4D LiDAR platform continues to grow with the recent introduction of our next-generation Aeries II sensor,” said Soroush Salehian, co -founder and CEO of Aeva. “Aeva’s expansion into Asia Pacific allows us to further broaden our global presence and position Aeva to meet growing market demand for 4D LiDAR in a wide variety of perception applications.”

An executive with over 15 years of sales experience, Barrs Lang joins Aeva as Vice President of Global Sales. Previously, he was vice president of sales for the Americas at Ouster, where he was responsible for the company’s strategic customers in the mobility, industrial automation and robotics sectors. Previously, he was Director of Sales at Finisar Corporation, a global technology leader in fiber optic subsystems and components. In his new role, Mr. Lang will lead sales and accelerate Aeva’s go-to-market plans for mass market applications in non-automotive industries worldwide.

About Aeva Technologies, Inc. (NYSE: AEVA)

Aeva’s mission is to bring the next wave of perception to a wide range of applications ranging from automated driving to industrial robotics, consumer electronics, consumer health, safety and… of the. Aeva transforms autonomy with its revolutionary sensing and perception technology that integrates all key LiDAR components on a silicon photonics chip in a compact module. Aeva 4D LiDAR sensors uniquely detect instantaneous speed in addition to 3D position, enabling autonomous devices like vehicles and robots to make smarter and safer decisions. For more information, visit or contact us on Twitter or LinkedIn.

Aeva, the Aeva logo, 4D LiDAR, Aeries, Ultra Resolution, 4D Perception and 4D Localization are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third party trademarks are the property of their respective owners.

Forward-looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity “, “plan,” “may,” “should,” “will,” “would,” “will,” “will,” “will likely,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release, including, but not limited to: (i) the ability to maintain the listing of Aeva’s securities at the New York Stock Exchange, (ii) the price of Aeva’s securities, which can be volatile due to various factors, including changes in the competitive and highly regulated industries in which Aeva plans to operate, variations in performance between competitors, changes in laws and regulations affecting Aeva’s business and changes in the combined capital structure, (iii) the ability to implement business plans, forecasts and other expectations and to identify and realize additional opportunities, (iv) the risk of a downturn and the possibility of rapid change in the highly competitive industry in which Aeva operates, (v) the risk that Aeva and its col current and future laborers may not be able to successfully develop and commercialize Aeva’s products or services, or if there are no material delays in doing so, (vi) the risk that Aeva may not never achieves or maintains profitability; (vii) the risk that Aeva may need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; (viii) the risk that Aeva will experience difficulty in managing its growth and expansion, (ix) the risk that third-party suppliers and manufacturers may not be able to fully and timely fulfill their obligations, (x) the risk product liability or regulatory suits or proceedings relating to Aeva’s products and services, (xi) the risk that Aeva may not be able to secure or protect its intellectual property; and (xii) the effects of the current coronavirus (COVID-19) pandemic or other infectious diseases, health epidemics, pandemics and natural disasters on Aeva’s business. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors, and for a more in-depth discussion of material risks and other important factors that could affect our financial results, please refer to our filings with the SEC, including our Form 10-K for the year ended December 31, 2021. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Aeva undertakes no obligation and does not intend to update or revise such forward-looking statements, whether as a result of new information, future events or otherwise. Aeva does not guarantee that it will meet its expectations.

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SOURCE: Aeva Technologies, Inc.

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PUBLISHED: 04/27/2022 07:00 / DISK: 04/27/2022 07:02

Sallie R. Loera