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AEye Opens Munich Office, Appoints Technical Sales Director for Europe

Date Announced: 19 Apr 2022

Andreas Prinz to head up new European operation.

DUBLIN, Calif.--(BUSINESS WIRE)--AEye, Inc. (NASDAQ: LIDR), the global leader in adaptive, high-performance lidar solutions, today announced the opening of its office in Munich, Germany. The new location supports AEye’s current and prospective customers in the region across its addressable markets, including automotive, mobility, trucking, logistics and smart infrastructure. The company also announced the appointment of veteran automotive engineering leader Andreas Prinz as technical sales director for AEye in 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, senior vice president of Automotive for AEye. “The new office will be led by Andreas Prinz, who has not only deep industry experience, but a long track record of successfully building and optimizing the performance of teams in various markets.”

Prinz comes to AEye with more than two decades of experience in automotive software. He most recently served as the director of customer programs for TTTech Auto in Munich, where Prinz led a software task force of 180 people. Prior to that, he held director roles at both Magna Electronics and Harman, as well as various engineering roles at companies such as Continental Automotive Systems and Motorola.

“Ramping up the Germany office is a natural next step in what has been a period of sustained growth for AEye,” said Reichert. “We are looking forward to working with existing customers, partners, suppliers and system integrators in Europe, while simultaneously engaging with new partners to serve the demand for safe, reliable autonomous solutions across the globe.”

Over the past year, AEye has positioned itself for growth at scale through technology validation, product advancements, the attainment of manufacturing milestones with key go-to-market partners, and company expansion to advance its mission to drive the future of safe autonomy.

AEye is the first and only lidar company to validate its sensor’s performance through a leading third-party testing service and recently passed the milestone of more than 100 patents filed globally, spanning four continents and more than 10 countries. In addition, in 2021, AEye became a publicly traded company listed on the Nasdaq stock exchange, doubled in size, and opened offices in Korea and Japan.

The AEye Germany office is located at 88 North Riesstrasse 16, in Munich. For more information, or to schedule a meeting or real-time demo, contact aeye.europe@aeye.ai.

Source: AEye

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