Aeva Technologies soars on Nvidia sensor deal
06/01/2026 10:54
** Lidar manufacturer Aeva Technologies' AEVA.O shares rise 33.9% to $17.53 premarket ** Co to provide light detection and ranging sensor that measures object position and speed simultaneously for chip designer Nvidia's NVDA.O Hyperion ** Hyperion is reference architecture and development platform for self-driving vehicles that combines high-performance compute, sensor suite and end-to-end software ** Cos targeting production vehicle programs to begin in 2028 ** AEVA nearly tripled in 2025 (Reporting by Anhata Rooprai in Bengaluru) ((Anhata.Rooprai@thomsonreuters.com))