AEye Inc., a company developing artificial perception systems and the creators of iDAR, announced the appointment of Blair LaCorte as President. LaCorte initially invested in AEye’s Series A in 2016, and was named Chairman of the advisory board. He joined the management team as Chief of staff in August 2017.
An accomplished executive and strategist, LaCorte will now bring to bear his extensive leadership experience as the company’s new President.
LaCorte has run large, fast growing global corporations and held numerous executive and general management positions in both private and public technology companies. Prior to AEye, he was the global President of Production Resource Group (PRG), a live event technology company, the CEO of XOJET, which under his leadership became the fastest growing company in private aviation, and an operating partner at TPG, a premier private equity firm with over $91 billion in global investments, where he co-founded the TPG growth fund. LaCorte has also held leadership roles at companies including Savi Technology, Autodesk, VerticalNet and Sun Microsystems. He is a current participant in the Virgin Galactic astronaut program which is expected to launch in late 2019.
“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,” said LaCorte. “They uniquely combine humility with burning curiosity and sincere desire to solve challenges for their partners and customers. 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 artificial perception system that physically fuses a unique, agile LiDAR with a hi-res camera to create a new data type called Dynamic Vixels.
This real-time integration occurs in the iDAR sensor, rather than post fusing separate camera and LiDAR data after the scan. By capturing x, y, z, r, g, b data, Dynamic Vixels uniquely mimic the data structure of the human visual cortex, capturing better data for vastly superior performance and accuracy.