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.

Volkswagen AG

Israeli lidar startup Innoviz will supply its lidar sensors and perception software to all vehicles with automated driving capabilities within Volkswagen group brands, the company said Tuesday. Innoviz will work directly with Cariad SE, VW's automotive software company, to integrate its technology into upcoming VW vehicles.

Innoviz lidar will be on all VW vehicles with automated driving capabilities

Innoviz has struck a deal to supply lidar units to Volkswagen for millions of vehicles. The deal could be worth $4 billion over eight years, it said.

Israeli lidar maker Innoviz wins $4 billion Volkswagen contract for millions of sensors

Innoviz will provide InnovizTwo LiDAR sensors and perception software LiDARs are a critical element of advanced driver assist systems (ADAS) and autonomous vehicles (AVs). CARIAD selected Innoviz to be its supplier and deliverer of advanced ADAS features for the segment of automated vehicles within the Volkswagen brands.

CARIAD SE Selects Innoviz as Direct LiDAR Supplier for the Segment of Automated Vehicles Within the Volkswagen Brands

TEL AVIV, Israel , July 27, 2022 /PRNewswire/ -- Innoviz Technologies (NASDAQ: INVZ), a leading provider of high performance, solid-state LiDAR sensors and perception software, will host a conference call and webinar on Wednesday, August 10 at 9:00 a.m. Eastern time (6:00 a.m.

Innoviz Sets Second Quarter 2022 Conference Call for Wednesday, August 10 at 9:00 a.m. ET

The Initiative Enables Next-Generation Services Including Autonomous Driving and Unmanned Delivery TEL AVIV, Israel and TOKYO , July 21, 2022 /PRNewswire/ -- Innoviz Technologies Ltd.  (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, today announced that Japan Post , a special private company under the jurisdiction of the Ministry of Internal Affairs and Communications, offering postal and logistics services as well as banking and life & non-life insurance agency services, aims to construct digital maps with Innoviz's high-performance InnovizOne LiDAR sensor, paving the way for next-generation smart city services such as autonomous driving and unmanned delivery.

Japan Post Unveils Cutting-Edge Initiative to Digitize Roads for Digital Maps Using Innoviz LiDAR

TEL AVIV, Israel and SEONGNAM CITY, South Korea , July 12, 2022 /PRNewswire/ -- Innoviz Technologies Ltd.  (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, and Joowon Industrial, a distributor and supplier of world-class testing equipment, today announced their cooperation to drive sales for Innoviz's LiDAR in the Korean market.

Innoviz Technologies and Joowon Industrial Sign Distribution Agreement to Accelerate Development of LiDAR in the South Korean Market

- Innoviz selected to host 3D perception workshop with NVIDIA during the European Conference on Computer Vision (ECCV), running October 23-27, 2022 in Tel Aviv - During the workshop, leaders from the field of autonomous driving will present state-of-the-art techniques for 3D perception TEL AVIV, Israel , July 6, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, announced it will host a workshop on 3D perception for autonomous driving with NVIDIA at this year's European Conference on Computer Vision ("ECCV"), which will be held at Tel Aviv's Expo International Convention Center from October 23-27, 2022.

Innoviz Technologies to Host Workshop with NVIDIA during ECCV 2022

Combining Visionary.ai's Camera Imaging Software and Innoviz's LiDAR and Perception Software Enhances Performance in Low - Light Conditions JERUSALEM and TEL AVIV, Israel , June 22, 2022 /PRNewswire/ --  Visionary.ai , a developer of software-based image signal processor (ISP) technology, and Innoviz  (NASDAQ: INVZ), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, today announced a new partnership to combine Visionary.ai's imaging technology with Innoviz's LiDAR sensors and perception software. Combined, the two technologies aim to improve 3D machine vision performance for a wide range of applications including robotics, smart cities, and drones.

Visionary.ai and Innoviz Partner to Improve the Power and Accuracy of Machine Vision

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Names Tali Chen as Chief Business Officer Appoints Scott Craig as Country Manager, U.S. and Brijesh Shukla as  Country Manager, Japan TEL AVIV, Israel , May 24, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance LiDAR sensors and perception software, today announced a series of management team appointments to bolster its sales leadership experience and support its continued growth.

Innoviz Bolsters Sales Leadership with New Management Team Appointments

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Cepton

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Ouster, Inc

Quanergy Systems

Velodyne Lidar

Immediate cash concerns seem to affect Cepton and Quanergy. Poor revenue and negative gross margins make Velodyne a concern.

Lidar Cash Runways - Q1 Results Review

Innoviz Technologies Ltd. (NASDAQ:INVZ ) Q1 2022 Earnings Conference Call May 11, 2022 9:00 AM ET Company Participants Omer David Keilaf - Co-Founder & CEO Eldar Cegla - CFO Oren Buskila - Co-Founder & Chief R&D Richard Rau - VP of Automated Driving of BMW Conference Call Participants Michael Pilato - Berenberg Mark Delaney - Goldman Sachs Andres Sheppard - Cantor Fitzgerald Kevin Cassidy - Rosenblatt Securities Operator Good morning, and welcome to Innoviz First Quarter 2022 Earnings Conference Call.

Innoviz Technologies Ltd. (INVZ) CEO Omer Keilaf on Q1 2022 Results - Earnings Call Transcript

Innoviz Technologies Ltd (NASDAQ: INVZ) reported first-quarter FY22 revenue growth of 144% year-on-year to $1.77 million, missing the consensus of $2.17 million. EPS loss of $(0.23) missed the consensus loss of $(0.18).

Innoviz Shares Drop On Q1 Miss; Clocks 144% Revenue Growth

TEL AVIV, Israel , May 11, 2022 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ) (the "Company" or "Innoviz"), a technology leader of high-performance, solid-state LiDAR sensors and perception software, today reported its financial results for the first quarter ended March 31, 2022 and updated its forward-looking guidance, as well as provided updates on commercial traction, technology leadership, and corporate development.     Management Commentary "We made meaningful progress executing our strategy during the first quarter, which culminated in our recent announcement of being selected for series production with one of the world's three largest vehicle groups," said Omer Keilaf, CEO and Co-Founder of Innoviz.

Innoviz Technologies Reports First Quarter 2022 Financial Results

Biggest design win yet for Innoviz is significant given it positions Innoviz as one of the market leaders in the lidar market. This will bring incremental volumes and much-needed scale to achieve a better cost structure for manufacturing and procurement, lower unit economics and ultimately provide customers with competitive prices.

Innoviz: Buy For Lidar Market Leader With Significant Upside

Innoviz Technologies (INVZ) stock is on the rise Monday after announcing a deal with one of the world's largest vehicle manufacturers. The post Why Is Innoviz Technologies (INVZ) Stock Up Today?

Why Is Innoviz Technologies (INVZ) Stock Up Today?

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Innoviz Technologies Ltd (NASDAQ: INVZ) shares are trading higher Monday after the company announced that a large vehicle manufacturer selected Innoviz as its direct LiDAR supplier across multiple brands. The decision follows more than two years of extensive diligence and.

Why Innoviz Technologies Stock Is Surging

Shares of Innoviz Technologies Ltd. INVZ, +10.08% shot up 10.6% in very active premarket trading Monday toward a four-month high, after the Israel-based lidar technology company said it has been selected to become the direct lidar supplier to "one of the largest vehicle manufacturers in the world.

Innoviz stock surges on heavy volume after lidar order from 'one of the largest' auto makers

Innoviz to Provide InnovizTwo LiDAR Sensor and Perception Software TEL AVIV, Israel , May 2, 2022 /PRNewswire/ --  Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance LiDAR sensors and perception software, announced today that one of the largest vehicle manufacturers in the world has selected Innoviz to become its direct LiDAR supplier across multiple brands.

Innoviz Selected by One of the Largest Global Vehicle Groups to be its Direct LiDAR Supplier for Series Production Vehicles; Increases Forward-Looking Order Book by $4 Billion

TEL AVIV, Israel, April 27, 2022 /PRNewswire/ --  Innoviz Technologies  (NASDAQ: INVZ), a leading provider of high performance, solid-state LiDAR sensors and perception software, will host a conference call and webinar on Wednesday, May 11 at 9:00 a.m. Eastern time (6:00 a.m.

Innoviz Sets First Quarter 2022 Conference Call for Wednesday, May 11 at 9:00 a.m. ET

The partnership is aimed to accelerate the introduction of series production solutions of high-resolution LiDAR for the Chinese market based on InnovizTwo BEIJING and TEL AVIV, Israel , April 13, 2022 /PRNewswire/ -- LiDAR system supplier LiangDao Intelligence and Innoviz Technologies (Nasdaq: INVZ), a leading LiDAR company, announced that they have signed a strategic partnership.     The partnership will focus on deep collaboration and exploration of the customization of Innoviz's LiDAR solutions for OEMs in the Chinese region, the development of perception solutions, and validation and data collection to accelerate the introduction of series production solutions of high-resolution LiDAR for the Chinese market, based on InnovizTwo.

LiangDao Intelligence and Innoviz Technologies Enter Strategic Partnership

TEL AVIV, Israel , March 30, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ), a leading provider of high-performance LiDAR sensors and perception software, today announced that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission.

Innoviz Announces Filing of Annual Report on Form 20-F

Innoviz has excellent products and at least one serial Production deal that can be expected to deliver significant volume.

Innoviz, Not Plain Sailing

TEL AVIV, Israel, March 8, 2022 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), (the "Company" or "Innoviz"), a leading provider of high-performance LiDAR sensors and perception software, today announced it has selected the BlackBerry QNX Automotive Operating System for its LiDAR sensors.  Specifically designed for safety-critical embedded systems, the BlackBerry QNX RTOS (Real Time Operating System), is used for InnovizOne, Innoviz's first automotive-grade LiDAR, InnovizTwo, Innoviz's next-generation low-cost LiDAR, and Innoviz's hardware.

News for Innoviz Technologies Stock (INVZ)