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Flight Deck Capital LP Acquires Stake in Aeva Technologies
Institutional investor buys 488,521 shares of self-driving sensor company
Mar. 16, 2026 at 10:05am
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Flight Deck Capital LP, an institutional investor, has acquired a new position in Aeva Technologies, Inc. (NASDAQ:AEVA), purchasing 488,521 shares of the company's stock during the third quarter. The shares are valued at approximately $7,084,000, making Aeva Technologies the 10th largest position in Flight Deck Capital LP's portfolio and representing about 0.81% of the company's outstanding shares.
Why it matters
Aeva Technologies is a prominent player in the self-driving sensor market, developing advanced frequency-modulated continuous wave (FMCW) LiDAR technology. The acquisition of a significant stake by Flight Deck Capital LP, a respected institutional investor, suggests confidence in Aeva's technology and growth potential within the autonomous vehicle industry.
The details
According to a recent SEC filing, Flight Deck Capital LP purchased the 488,521 shares of Aeva Technologies during the third quarter. This represents a new position for the institutional investor, which now owns approximately 0.81% of Aeva's outstanding shares. The purchase was valued at around $7,084,000, making Aeva Technologies the 10th largest holding in Flight Deck Capital LP's portfolio.
- Flight Deck Capital LP acquired the Aeva Technologies shares during the third quarter of the year.
The players
Flight Deck Capital LP
An institutional investor that has acquired a new position in Aeva Technologies, Inc.
Aeva Technologies, Inc.
A technology company specializing in the development and commercialization of advanced sensing and perception solutions based on frequency-modulated continuous wave (FMCW) LiDAR.
The takeaway
The acquisition of a significant stake in Aeva Technologies by Flight Deck Capital LP underscores the institutional investor's confidence in the company's self-driving sensor technology and its potential growth within the autonomous vehicle market.
