- AEye Inc (NASDAQ:LIDR) has opened its new office in Munich, Germany.
- The company expects the new location to expand its reach for automotive, mobility, trucking, logistics, and smart infrastructure markets in the region.
- Also, AEye has appointed automotive engineer Andreas Prinz as technical sales director for Europe.
- “We’ve experienced strong demand and traction in Europe across application segments, necessitating an on-the-ground physical presence to support AEye’s growing customer base,” said Bernd Reichert, SVP of Automotive.
- AEye’s offers a software-defined lidar solution for advanced driver assistance, vehicle autonomy, smart infrastructure, logistics, and off-highway applications.
- Price Action: LIDR shares closed lower by 4.12% at $4.65 on Monday.
Silverback Therapeutics Q2 EPS $(0.70) Up From $(9.65) YoY
Silverback Therapeutics (NASDAQ:SBTX) reported quarterly losses of $(0.70) per share. This is a 92.75 percent increase over losses of $(9.65) per share from the same period last year.
