Continental invests in AEye, the developer of LiDAR long-range technology, which combines 1550nm laser with Microelectromechanical System's patented controllable scanner. AEye's technology is able to detect small, low reflective objects such as bricks at a distance of 160 meters, which is crucial for unmanned vehicles. Continental will use this technology and plans to release the first high resolution LIDARs based on this technology in late 2024.