Blair LaCorte Named President of AEye

AEye’s former Chief of Staff will lead the company’s growth and expansion as its iDAR™ system is set to scale production for the global automotive market

Pleasanton, CA – December 12, 2018 – AEye, leader in artificial perception systems and the creators of iDAR™, today announced the appointment of Blair LaCorte as president. LaCorte, initially invested in AEye Series A in 2016 and was named chairman of the advisory board. He joined the management team as chief of staff in August 2017. As an accomplished executive and strategist, LaCorte will now bring his extensive leadership experience to bare as the company’s new president.

LaCorte has run large, fast growing, global corporations, as well as held numerous executive and general management positions in both private and public technology companies. Prior to AEye, LaCorte was the global president of Production Resource Group (PRG), the world’s largest live event technology company, the CEO of XOJET, where under his leadership became the fastest growing company in private aviation, and the Operating Partner at TPG, a premier private equity firm with over $91B in global investments, where he was also part of team who founded the TPG growth fund. LaCorte also held leadership roles at companies including Savi Technology, Autodesk, VerticalNet and Sun Microsystems. In addition, he is a currently participating in the Virgin Galactic astronaut program.

“Blair is an invaluable asset to AEye,” said AEye founder and CEO, Luis Dussan. “His unparalleled leadership skills, insight and intellect, as well as his experience successfully leading high-growth businesses will be critical to AEye as we set to scale our business to address the needs of our automotive customers.”

Ransom Wuller, AEye co-founder and former president, has joined the company’s board of directors and will continue in his role as chief financial officer.

“The team at AEye is exceptional. They uniquely combine humility with burning curiosity and sincere desire to solve challenges for their partners and customers,” said LaCorte. “I am grateful to be a part of it, and for the chance to work with Luis and the rest of the AEye team to build an extraordinary company.”

AEye takes a disruptive approach to vehicle perception by putting intelligence at the sensor layer and making it extensible and controllable via a software driven architecture. AEye’s iDAR is an intelligent artificial perception system that physically fuses a unique, agile LiDAR with a hi-res camera to create a new data type called Dynamic Vixels™. These Dynamic Vixels are the unique result of real-time integration of iDAR’s Agile LiDAR and a low-light camera in the IDAR sensor, not post fusion of a separate camera and LiDAR system after the scan. By capturing x, y, z, r, g, b data, Dynamic Vixels are uniquely created to biomimic the data structure of the human visual cortex. Better data drives vastly superior performance and delivers more accurate information.

AEye recently established new benchmarks for artificial perception performance, by having industry-leading consultants, VSI, validate that iDAR is able to acquire and track targets at more than 1000m and at scan rates exceeding 100Hz. AEye’s use of Biomimicry is more fully explored by Mr. LaCorte and Dr. James Doty, world renowned neurosurgeon and clinical professor in the Department of Neurosurgery at Stanford University in a white paper available at aeye.ai.

Media Contact:

AEye, Inc.
Jennifer Deitsch
jennifer@AEye.ai

925-400-4366