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.

Purchase order is part of advanced discussions for a new series production award Several hundred unit order will see deliveries beginning Q2 2023 TEL AVIV, Israel , April 5, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"),  Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has received a several hundred unit purchase order from a commercial vehicle original equipment manufacturer (OEM) for its InnovizTwo LiDAR as part of advanced discussions  for a new series production award.

Innoviz's Second-Generation InnovizTwo LiDAR Selected to Power Commercial Vehicle OEM's Fleet

Innoviz Technologies Ltd. (INVZ) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it.

Down -33.26% in 4 Weeks, Here's Why You Should You Buy the Dip in Innoviz Technologies Ltd. (INVZ)

Innoviz Technologies Ltd. (INVZ) is technically in oversold territory now, so the heavy selling pressure might have exhausted.

Innoviz Technologies Ltd. (INVZ) Loses -28.88% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Innoviz Technologies Ltd. (NASDAQ:INVZ ) Q4 2022 Earnings Conference Call March 1, 2023 9:00 AM ET Company Participants Rob Moffatt – Vice President-Business Development and Investor Relations Omer Keilaf – Chief Executive Officer Eldar Cegla – Chief Financial Officer Steven Schondorf – Chief Engineer-ADAS systems-Ford Conference Call Participants Mark Delaney – Goldman Sachs Jared Maymon – Berenberg Andres Sheppard – Cantor Kevin Cassidy – Rosenblatt Securities Operator Welcome to Innoviz Fourth Quarter and Full Year 2022 Earnings Conference Call.

Innoviz Technologies Ltd. (INVZ) Q4 2022 Earnings Call Transcript

Innoviz Technologies Ltd. (INVZ) delivered earnings and revenue surprises of -8.70% and 28.32%, respectively, for the quarter ended December 2022.

Innoviz Technologies Ltd. (INVZ) Reports Q4 Loss, Misses Revenue Estimates

Innoviz continued its progress towards 2023 series production launches, further expanded its customer pipeline, added a key automotive industry veteran as a senior advisor, and is in discussions to expand its program award with one of its largest customers TEL AVIV, Israel , March 1, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high-performance, solid-state LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the full year ended December 31, 2022 and announced 2023 operational and financial targets.

Innoviz Technologies Reports Full Year 2022 Financial and Operational Results

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The new Munich office provides greater collaboration and relationship-management with key customers and partners in the region. With proximity to Innoviz's highly-skilled workforce, and new test lab, the new office offers enhanced operational capabilities.

Innoviz Expands German Footprint with New Munich Office

NEW YORK--(BUSINESS WIRE)---- $INVZ #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Collective Growth Corporation, which merged with Innoviz Technologies Ltd. ("Innoviz" or "the Company") (NASDAQ: INVZ) on March 25, 2021. Such investors who continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/invz.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Innoviz Technologies Ltd. (INVZ) Investigation

- Innoviz adds General Laser to its global distributor ecosystem to accelerate LiDAR sales across European markets - Innoviz's LiDAR products, including InnovizOne, InnovizTwo and Innoviz360, will strengthen General Laser's LiDAR portfolio, offering customers the highest-performing LiDAR products for multiple applications - The European non-automotive LiDAR market is forecast to grow at a compounded annual growth rate of approximately 25 percent over the next six years, reaching nearly $2 billion USD by 2029 TEL AVIV, Israel and VIENNA , Feb. 22, 2023 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ) (the "Company" or "Innoviz"), a technology leader of high-performance, automotive-grade LiDAR sensors and perception software, and General Laser, a leading European provider of products and services in the fields of lasers, robotics, special machinery and more, today announced their collaboration to drive sales for Innoviz's LiDAR solutions in the European market. This is Innoviz's first distribution agreement in Europe.

Innoviz Technologies and General Laser Sign Distribution Agreement to Accelerate LiDAR Adoption in Europe

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TEL AVIV, Israel , Feb. 9, 2023 /PRNewswire/ -- Innoviz Technologies (NASDAQ: INVZ), a leading provider of high performance, solid-state LiDAR sensors and perception software, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2022 on Wednesday, March 1, 2023 before the market opens.     Innoviz will host a conference call and webinar on the same day at 9:00 a.m.

Innoviz Sets Fourth Quarter and Full Year 2022 Conference Call for Wednesday, March 1 at 9:00 a.m. ET

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Innoviz Technologies Ltd. (INVZ) saw its shares surge in the last session with trading volume being higher than average.

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- Innoviz and Exwayz are collaborating to demonstrate new lidar-based perception solutions for various non-automotive applications. - Innoviz is integrating its InnovizOne LiDAR with Exwayz's LiDAR-based plug-and-play perception software to enable precise 3D mapping, localization and re-localization, as well as object detection and classification.

Innoviz and Exwayz Collaborate on Turnkey LiDAR-based Perception Solutions for Global Customers

LOXO intends to use InnovizOne LiDAR sensors to enable autonomy for its zero-emission autonomous delivery vehicles. LOXO will present its autonomous and zero-emission delivery vehicle with InnovizOne LiDAR at the Consumer Electronics Show (CES) on January 7, 2023, 3:30pm, at Innoviz's booth #6553.

InnovizOne LiDAR Selected by LOXO for Autonomous, Zero-Emission Delivery Vehicles

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Another automotive OEM win from a customer based in Asia shows strong business momentum, attractive technology and offerings of the Innoviz LiDAR. Innoviz is expanding geographically as it takes its first steps into the fast growing automotive and non-automotive segments in Asia.

Innoviz: Growing Into An Undisputed Lidar Leader

The mean of analysts' price targets for Innoviz Technologies Ltd. (INVZ) points to a 105.7% upside in the stock.

Wall Street Analysts Predict a 106% Upside in Innoviz Technologies Ltd. (INVZ): Here's What You Should Know

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Innoviz Technologies Ltd. (NASDAQ:INVZ ) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer Conference Call Participants Mark Delaney - Goldman Sachs Jared Maymon - Berenberg Andres Sheppard - Cantor Samik Chatterjee - JPMorgan McClain Culver - Rosenblatt Securities Operator Please go ahead.

Innoviz Technologies Ltd. (INVZ) Q3 2022 Earnings Call Transcript

New customer win in Asia expands Innoviz's geographic footprint and adds new leading autonomous driving platform partner Innoviz grew its forward-looking order book to $6.9 billion, upgraded production throughput, shipped D-Sample units to customers, and accelerated its momentum in non-automotive markets TEL AVIV, Israel , Nov. 9, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 supplier of high-performance, solid-state LiDAR sensors and perception software, today provided updates on commercial progress, technology leadership, and corporate developments and reported its financial results for the third quarter ended September 30, 2022.

Innoviz Technologies Provides Commercial Updates and Reports Third Quarter 2022 Financial Results

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