EXHIBIT 99.1 FOR IMMEDIATE RELEASE – DRAFT AEye Reports First Quarter 2024 Results Kicked off key strategic partnership that will bring AEye's lidar into the China market Fourth consecutive quarter of cash burn reduction DUBLIN, Calif. – (BUSINESS WIRE) – May 14, 2024 – AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the first quarter ended March 31, 2024. Management Commentary "AEye made incredible progress with our capital-light par ...