SEYOND Reports Over 365,000 LiDAR Units Shipped in First Five Months of 2026, Surpassing Full-Year 2025 Total

Stock News06-10

LiDAR technology company SEYOND (HKEX: 02665) announced that its total LiDAR product shipments for the first five months of 2026 reached approximately 365,000 units. This figure represents a year-on-year increase of about 349% and has already exceeded the company's total LiDAR shipments for the entire year of 2025.

Within this total, shipments of LiDAR products designed for Advanced Driver-Assistance Systems (ADAS) accounted for roughly 332,700 units, a growth of approximately 323% compared to the same period last year. Shipments of LiDAR products for robotics, solutions, and other applications amounted to around 32,300 units, showing a substantial year-on-year surge of about 1177%.

For the single month of May 2026, the company's total LiDAR shipments were approximately 100,700 units, marking a 376% increase year-on-year. This achievement represents the first time the company's monthly LiDAR shipments have surpassed the 100,000-unit milestone.

In May, ADAS-focused LiDAR products constituted about 89,500 units, up roughly 342%, while shipments for robotics, solutions, and other applications reached around 11,200 units, growing by about 1129% year-on-year. This also marks the first time monthly shipments for this latter category have exceeded 10,000 units.

The company attributes this rapid and stable growth in product shipments to its existing designated projects gradually entering mass production and delivery phases, coupled with the ongoing expansion of its new customer base. SEYOND expressed confidence in achieving the business outlook stated in its 2025 annual report, which projected a roughly 200% increase in full-year 2026 LiDAR shipments compared to 2025.

While ADAS LiDAR shipments are growing at a high rate, the company noted that the shipment growth for its LiDAR products in robotics, solutions, and other applications is even more robust. This trend signals the company's successful and rapid expansion of its LiDAR product applications into diverse new scenarios, including robotics and physical artificial intelligence.

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