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.

The LIDAR market for vehicles is forecast to grow from $1.5 billion to more than $6 billion in the next few years. Established companies and new tech start-ups are chasing this market; most car manufacturers buy the technology rather than developing it in-house.

LiDAR: Review Leading To Buy Innoviz Recommendation

TEL AVIV, Israel, Feb. 9, 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, March 2 at 9:00 a.m. Eastern time (6:00 a.m.

Innoviz Sets Fourth Quarter and Full Year 2021 Conference Call for Wednesday, March 2 at 9:00 a.m. ET

TEL AVIV, Israel, Feb. 8, 2022 /PRNewswire/ -- Innoviz Technologies , Ltd. , (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, is pleased to announce that it has achieved compliance with automotive standard IATF 16949:2016.

Innoviz Technologies Announces Compliance with Critical Automotive-Grade Standard, Streamlining Adoption by Leading Automakers Pursuing Automated Driving

TEL AVIV, Israel and HALLE, Germany, Jan. 6, 2022 /PRNewswire/ --  Innoviz Technologies (Nasdaq: INVZ), a leading provider of high performance, solid-state LiDAR sensors and perception software, today announced its collaboration with Twinner, a German-based vehicle scanner provider for remarketing and inspection purposes within the automotive industry, to enhance the capabilities of its sophisticated car scanner. Twinner is testing InnovizOne LiDAR with its Digital Twinn® platform to provide a high-quality 360-degree view of the vehicle in order to better assess, inspect and evaluate a vehicle's condition.

Innoviz LiDAR Pilot Launched to Enhance Twinner Vehicle Inspection Scanning Capabilities

ANSYS

ANSYS (ANSS) simulation software offerings implemented by Innoviz to advance work on automotive-grade LiDAR sensor technology.

ANSYS' (ANSS) Simulation Solutions Leveraged by Innoviz

TEL AVIV, Israel , Jan. 5, 2022 /PRNewswire/ -- Innoviz360 is a new, patent-pending HD LiDAR architecture that represents a breakthrough in performance versus traditional standard resolution spinners. The new Innoviz360 features 360°x64° degree coverage, 0.05°x0.05° resolution, and up to 1280 scanning lines and 300m range while cutting down the cost significantly versus other solutions.

Innoviz Technologies Introduces Innoviz360, a New HD LiDAR Category with 10x the Performance and Significantly Lower Cost Versus Existing Solutions

Israeli-lidar startup Innoviz announced a new low-cost 360-degree lidar sensor at CES 2022

Innoviz Launches New 360 Degree Lidar Sensor

TEL AVIV, Israel, Dec. 28, 2021 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), a leading provider of high-performance LiDAR sensors and perception software, invites you to join Co-Founder and CEO Omer Keilaf for a live virtual workshop on January 3, 2022, at 11:00 am EST.

Invitation for Innoviz CEO's White Paper Virtual Workshop: Establishing LiDAR Standards for Safe Level 3 Automated Driving

TEL AVIV, Israel and TOKYO, Dec. 17, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ),  a leading provider of high-performance solid-state LiDAR sensors, and Obayashi Corporation (TYO: 1802), a major Japanese construction company, today announced Obayashi's development of an automated tower crane system that utilizes Innoviz's LiDAR sensors. Obayashi's automated tower crane system is part of its recently announced autonomous solutions for excavation equipment, construction of concrete dams and backhoe loaders.

Japan's Largest Construction Company, Obayashi, Selects Innoviz's LiDAR for its New Proprietary Automatic Tower Crane System

TEL AVIV, Israel, Dec. 15, 2021 /PRNewswire/ -- Innoviz Technologies Ltd.  (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance LiDAR sensors and perception software, announced today the successful launch of the first B samples of the automotive-grade InnovizTwo LiDAR sensor.

Innoviz Technologies' First InnovizTwo LiDAR to be Presented at CES® 2022 According to Plan

TEL AVIV, Israel, Dec. 14, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, today announced that it was selected to participate in a consortium working to develop a standard specification and testing framework for automotive LiDAR sensors. "Redundancy saves lives," said Innoviz CEO and co-founder Omer Keilaf.

Innoviz Selected to Participate in LiDAR Sensor Standards Consortium

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While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Scorching-Hot Stocks to Buy Under $10 With Big Upside Potential

The shares of Innoviz Technologies Ltd (NASDAQ: INVZ) have received a price target of $9 from Goldman Sachs. These are the details.

Innoviz Technologies (INVZ) Stock: $9 Price Target From Goldman Sachs

Why Innoviz Technologies Stock Just Popped

Innoviz Technologies Ltd. (INVZ) CEO Omer Keilaf, Innoviz on Q3 2021 Results - Earnings Call Transcript

TEL AVIV, Israel, Nov. 10, 2021 /PRNewswire/ -- Innoviz Technologies  (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, today reported operational and financial results for the third quarter ended September 30, 2021. Innoviz management reaffirmed its long-term guidance, future potential order book, and provided operational updates on its commercial traction, technology leadership, and corporate development.

Innoviz Technologies Reports Third Quarter 2021 Operational and Financial Results

The stock price of Innoviz Technologies Ltd (NASDAQ: INVZ) increased by over 13% during intraday trading today. This is why it happened.

Innoviz Technologies (INVZ) Stock: Why It Surged Today

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Innoviz Technologies (INVZ) stock is riding higher Tuesday on news of a deal connected to the Nvidia (NVDA) DRIVE platform. The post INVZ Stock Rockets Higher on Nvidia News.

INVZ Stock Rockets Higher on Nvidia News. 9 Things to Know.

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TEL AVIV, Israel, Nov. 9, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, announced its advanced perception solution is now supported on the NVIDIA DRIVE platform.    NVIDIA DRIVE is an open, scalable, software-defined, end-to-end AI platform for the transportation industry to build upon.

Innoviz Perception Solution Supported on NVIDIA DRIVE Platform

TEL AVIV, Israel and BEIJING, Nov. 3, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, today announced its collaboration with JueFX , an innovative AI-driven technology company focusing on developing LBS data engine and offering on-board applications for autonomous driving. JueFX intends to install InnovizOne LiDAR on traffic poles and bridges to monitor traffic activity in real time.

Innoviz LiDAR Selected for JueFX's Vehicle-to-Everything (V2X) Solution to Improve Road Safety and Traffic Alerts for Autonomous Vehicles in China

TEL AVIV, Israel, Nov. 1, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ) (the "Company"), a technology leader of high-performance, solid-state LiDAR sensors and perception software, is issuing this press release in light of trading activity in its ordinary shares on Nasdaq. This morning a broker mistakenly offered to sell shares in significant volumes at prices that were not authorized or approved by certain selling shareholders.

Innoviz Comments on Trading Activity

TEL AVIV, Israel, Oct. 20, 2021 /PRNewswire/ --  Innoviz Technologies  (Nasdaq: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, will host a conference call and webinar on Wednesday, November 10 at 9:00 a.m. Eastern time (6:00 a.m.

Innoviz Sets Third Quarter 2021 Conference Call for Wednesday, November 10 at 9:00 a.m. ET

Omer Keilaf, CEO and cofounder of Innoviz Technologies, gives his take on the future of lidar as well as an assessment of his competitors. The post Behind the Wall: Innoviz CEO Anticipates Lidar Industry Shakeout appeared first on InvestorPlace.

Behind the Wall: Innoviz CEO Anticipates Lidar Industry Shakeout

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