Innoviz Technologies

Innoviz Technologies Ltd. designs and manufactures solid-state LiDAR sensors and perception software that enable the mass production of autonomous vehicles. It offers InnovizOne, an automotive-grade, mass-producible LiDAR sensor, InnovizTwo, next generation high-performance automotive-grade LiDAR sensor, and Innoviz`s perception software, designed to complement its hardware offerings with advanced AI and machine learning-based classification, detection and tracking features. The firm is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, Vertex Ventures, 360 Capital Partners, Harel Insurance Investments and Financial Services, Phoenix Insurance Company and others. The company was founded by Omer David Keilaf, Oren Buskila and Oren Rosenzweig on January 18, 2016 and is headquartered in Rosh Haayin, Israel.

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Innoviz Technologies surpasses Q2 revenue expectations, eyes growth opportunities

Innoviz Technologies demonstrated strong revenue performance and margin improvement in Q2 2024.
While facing challenges in revenue guidance for Q3, the company is optimistic about operational targets.
Securing key partnerships and focusing on technology advancements position Innoviz well for future growth.

Innoviz Technologies excels in Q3, eyes revenue growth opportunities

Innoviz Technologies delivered a strong Q3 performance, exceeding revenue expectations and improving financial efficiency.
Strategic partnerships and technological advancements enhance the company's competitive position and revenue growth potential.
Challenges include pipeline uncertainties and the need for careful expense management to achieve financial targets.
Opportunities lie in lower cash burn, diverse program pipeline, and advanced technologies driving future growth.

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Innoviz Technologies Ltd. designs and manufactures solid-state LiDAR sensors and perception software that enable the mass production of autonomous vehicles. It offers InnovizOne, an automotive-grade, mass-producible LiDAR sensor, InnovizTwo, next generation high-performance automotive-grade LiDAR sensor, and Innoviz`s perception software, designed to complement its hardware offerings with advanced AI and machine learning-based classification, detection and tracking features. The firm is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, Vertex Ventures, 360 Capital Partners, Harel Insurance Investments and Financial Services, Phoenix Insurance Company and others. The company was founded by Omer David Keilaf, Oren Buskila, and Oren Rosenzweig on January 18, 2016 and is headquartered in Rosh Haayin, Israel.

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TEL AVIV, Israel, Sept. 9, 2021 /PRNewswire/ -- Innoviz Technologies , a technology leader of high-performance, solid-state LiDAR sensors and perception software, today announced its financial conference schedule for September 2021 and open house on October 6 th, 2021 at its corporate headquarters in Rosh Ha'Ayin, Israel.

Innoviz Technologies Sets September 2021 Conference Schedule and Corporate Open House for October 6th

Israeli lidar startup Innoviz boasts an accomplishment that most of its competitors lack - a design win for a production vehicle, specifically the upcoming BMW iNext series.

As A Public Company, Design Wins Are The Goal For Innoviz

TEL AVIV, Israel, Sept. 7, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ),  a leading provider of high-performance, solid-state LiDAR sensors and perception software, will demonstrate its state-of-the-art LiDAR technology at the IAA MOBILITY 2021 show being held September 7-12, 2021 in Munich, Germany.

Innoviz Technologies to Demonstrate High-Performance LiDAR Technology at IAA MOBILITY Show in Munich

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Innoviz Technologies Ltd. (INVZ) CEO Omer Keilaf on Q2 2021 Results - Earnings Call Transcript

Innoviz Technologies Ltd (NASDAQ: INVZ) reported second-quarter FY21 revenue decline of 0.3% year-on-year to $1 million. The costs increased 23.8% Y/Y, leading to a gross loss of $(1.1) million.

Expenses Weigh On Innoviz's Flat Q2 Revenue, Reiterates Order Book Guidance

TEL AVIV, Israel, Aug. 11, 2021 /PRNewswire/ --  Innoviz Technologies  (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, today reports financial results for the second quarter ended June 30, 2021. Innoviz reaffirms its previously announced long-term guidance, increases its order book potential wins, and provides operational updates on commercial traction, technology leadership and corporate development.

Innoviz Technologies Reports 2021 Second Quarter Financial Results

TEL AVIV, Israel and SINGAPORE, Aug. 10, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, has formed a partnership with Curium, a leading developer of automated calibration services for Autonomous Systems. Curium's automated calibration software ensures that the vehicle's sensor suite is working as it should, even under dynamically changing conditions.

Innoviz Technologies Partners with Leading Autonomous System Provider Curium to Enable a Safe Vehicle Calibration Experience in Southeast Asia

TEL AVIV and SHENZHEN, China, Aug. 9, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, and Whale Dynamic, a "full-stack" L4 autonomous driving company based in China, today announced their collaboration on Whale Dynamic's next-generation intelligent autonomous driving (AD) platform.   Whale Dynamic is focused on developing a unified Autonomous Driving platform that incorporates multiple sensors, including LiDAR and high-definition cameras, in order to get a complete and detailed view of the area around the vehicle.

Innoviz Technologies and Whale Dynamic to Collaborate on Next-Generation L4 LiDAR-Driven Autonomous Driving Platform

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TEL AVIV, Israel and TAIPEI, Taiwan, Aug. 5, 2021 /PRNewswire/ -- Innoviz Technologies  (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, and EDOM Technology , a leading electronics distributor based in Taiwan, announced a partnership to drive sales and enhance support initiatives for Innoviz's LiDAR solutions in the Greater China region. EDOM Technology will leverage its relationships with major manufacturers as well as its large staff of sales and support personnel to accelerate adoption of Innoviz's LiDAR solutions in the world's largest automobile market.

Innoviz Technologies Partners with Leading Electronics Distributor EDOM Technology to Accelerate Business Development in Greater China

TEL AVIV, Israel and SEOUL, South Korea, Aug. 4, 2021 /PRNewswire/ --  Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, and SpringCloud, a leading autonomous mobility service provider, recently completed a partnership agreement. This partnership builds on Innoviz's strong relationships in Korea.

Innoviz Technologies Drives Growth in Asia by Partnering with SpringCloud, Korea's Leading Autonomous Mobility Provider

TEL AVIV, Israel, Aug. 3, 2021 /PRNewswire/ -- Innoviz Technologies (NASDAQ: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, is scheduled to virtually participate at the 2021 J.P. Morgan Automotive Conference.

Innoviz Technologies to Present at the J.P. Morgan Automotive Conference on August 12, 2021

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The CEO and co-founder of Innoviz Technologies offers his take on autonomous driving, why Elon Musk is wrong about lidar and much more. The post Fireside Chat: It's Time to Meet Lidar's Biggest Rulebreaker appeared first on InvestorPlace.

Fireside Chat: It's Time to Meet Lidar's Biggest Rulebreaker

TEL AVIV, Israel, July 21, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, announced today that it will release its second quarter 2021 financial results before the market opens on Wednesday, August 11, 2021. The Company will hold a conference call and webinar to discuss the results on the same day at 8:00 a.m.

Innoviz Announces Timing of Second Quarter 2021 Earnings Release and Investor Conference Call

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Partnership between 3D data-edge perception platform developer and leading LiDAR provider set to plug gap between 3D sensing and real-world intelligent transport, smart spaces and security applications DERBY, England and TEL AVIV, Israel, June 8, 2021 /PRNewswire/ -- Adaptive 3D edge perception platform company Cron AI and Innoviz Technologies (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, today announced a new partnership to deliver an enhanced deep learning enabled perception solution for 3D point cloud data on the sensing edge. The collaboration between Innoviz and Cron AI will accelerate the adoption of the InnovizOne LIDAR sensor and Cron AI's senseEDGE™ platform into the intelligent transport systems, V2X and smart city markets.

Cron AI Partners with Innoviz to Deliver LiDAR-based Adaptive Perception Software for Smart Cities

TEL AVIV, Israel, June 2, 2021 /PRNewswire/ --  Innoviz Technologies  (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, is scheduled to participate at the following virtual financial conferences during June 2021: 5th Annual Needham Virtual Automotive Tech Conference  Presentation and 1x1s on Tuesday, June 8 th at 8:00 a.m. Eastern time Webcast: Link UBS Global Industrials and Transportation Virtual Presentation and 1x1s on Wednesday, June 9 th at 9:00 a.m.

Innoviz Technologies Sets June 2021 Financial Conference Schedule

TEL AVIV, Israel and SCOTTSDALE, Arizona, May 18, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, and Sensagrate, a leader in Smart City technology, data analytics, and reporting  products that enable real-time traffic, pedestrian and cyclist safety on roadways, today announced a partnership to integrate InnovizOne LiDAR sensors with SensaVision, Sensagrate's computer vision software.     The addition of InnovizOne to the SensaVision suite will enable a variety of applications that improve pedestrian and automobile safety, preventing near-miss collisions at intersections, collecting unique data for root cause analysis of pedestrian related incidents through intelligent data collection and predictive analytics.

Innoviz Technologies and Sensagrate Announce Partnership to Enable Smart City Applications

Innoviz Technologies Ltd. (INVZ) CEO Omer Keilaf on Q1 2021 Results - Earnings Call Transcript

TEL AVIV, Israel , May 12, 2021 /PRNewswire/ --  Innoviz Technologies (NASDAQ: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, today reported its financial results and certain forward-looking guidance for the first quarter ended March 31, 2021 as well as subsequent operational updates on commercial traction, technology leadership and corporate development. Commercial Traction Secured a design win with a leading tier-1 automotive supplier to implement InnovizOne LiDAR in autonomous shuttles for use in European airports, campuses, local public transportation and more.

Innoviz Technologies Reports 2021 First Quarter Financial Results

TEL AVIV, Israel, May 12, 2021 /PRNewswire/ --    Innoviz Technologies  (NASDAQ: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, was selected by a leading Tier-1 automotive supplier as the LiDAR provider for its multi-year autonomous shuttle program. Innoviz will provide its InnovizOne solid-state LiDAR units to the company for use on its shuttles, which are expected to become operational by the end of 2022 and change the face of transportation.

Innoviz Announces New Design Win With Leading Tier-1 Automotive Supplier For its Autonomous Shuttle Program

TEL AVIV, Israel and SEOUL, South Korea, May 3, 2021 /PRNewswire/ -- Innoviz Technologies   (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, and Vueron Technology, a leading South Korean provider of LiDAR perception software and autonomous driving technology, will cooperate in building an autonomous driving platform for LiDAR-only self-driving vehicles. Renowned for its cutting-edge technology, Vueron received one of the few self-driving permits issued by the South Korean government in January of this year.

Innoviz Technologies Announces Cooperation with Vueron Technology for LiDAR-Only Autonomous Driving

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