The partnership will see LG Innotek manufacturing and supplying Aeva's Atlas Ultra 4D lidar sensor for automobiles, and eventually expanding the technology for use in consumer electronics, robotics, and industrial automation.

Aeva, a leader in FMCW lidars, has teamed up with LG Innotek for scaling on-road autonomy as well as entering new markets.

Aeva Technologies said on Tuesday that South Korean camera module maker LG Innotek will take an equity stake in Aeva as part of a $50 million strategic collaboration. Aeva makes lidar sensors that help vehicles and industrial equipment gain a detailed three-dimensional view of their environment and detect how fast surrounding objects are moving.

LG Innotek Co., an electronic component manufacturing unit of LG Group, said Tuesday it has formed a strategic partnership with U.S. software company Aeva Technologies Inc. to collaborate in the laser imaging,