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Arbe Robotics Ltd. Ordinary Shares - $ARBE STOCK NEWS

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Rhea-AI Summary
Arbe Robotics Ltd. (Nasdaq: ARBE) will participate in CES 2024 to showcase its perception radar solutions for hands-free driving. The company's radar chipset supports over 100,000 detections per frame and offers unparalleled point cloud density. Arbe also introduced its production Radar Processor, capable of handling massive amounts of raw data with low silicon power. The event will take place from January 9th to 12th, 2024 in Las Vegas, NV.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
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conferences
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Rhea-AI Summary
Arbe Robotics Ltd. (ARBE) releases the production version of its Radar Processor, used for OEM development projects and B-Sample radars with unprecedented computational abilities. The processor offers 10X improvement in processing power, 4 times better range resolution, and scalability to support both surround imaging radars and long-range front perception radars.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
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none
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Rhea-AI Summary
Arbe Robotics Ltd. (ARBE) announced the addition of Prof. Yonina Eldar to its Board of Directors. Prof. Eldar, a world-renowned radar expert, will bring her expertise to Arbe, a global leader in Perception Radar Solutions. She is known for her revolutionary work on sub-Nyquist sampling and has won over forty-five awards. Prof. Eldar's addition to the board is expected to further enhance Arbe's position in the industry, particularly in driver assistance solutions and autonomous vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
management
Rhea-AI Summary
Arbe Robotics Ltd. (NASDAQ: ARBE) Receives Cars of the Future Self-Driving Industry 2023 Award in the Hardware Category for its Perception Radar technology revolutionizing automotive sensing. The radar provides ultra-high resolution, top-notch image quality, and advanced perception capabilities at a mass-market price, ensuring trustworthy data in all environments and weather conditions. It is the first radar to track vulnerable road users, detect object boundaries, and eliminate false alarms, paving the way for safe hands-free driving experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
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News
Rhea-AI Summary
ARBE: Arbe Robotics Announces Q3 Financial Results, Chipset Orders, and OEM Selection Progress
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.88%
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-
Rhea-AI Summary
Arbe Robotics will hold its Q3 2023 conference call on November 8th, with speakers including the CEO and CFO. The company assures that its employees are safe and committed to the success of the business. No impact on the business is expected in the medium and long term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.24%
Tags
conferences earnings
Rhea-AI Summary
Arbe Robotics will provide a live demo of its perception radar at the IAA Conference, offering an affordable and high-performance sensor for automotive sensing. The radar enhances safety in all driving scenarios and is expected to meet the growing demand for advanced solutions in autonomous vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
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none
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News
Rhea-AI Summary
Arbe Robotics Ltd. announced its financial results for Q2 2023, reporting revenues of $0.3 million, a decrease from $1.2 million in Q2 2022. The company secured an $11.6 million preliminary order for radar chipsets from Weifu High-Technology Group and raised $23 million with Special Situations Funds. Arbe's chipset is in the final stages of selection with 11 premium OEMs, and the company aims to add four customer wins by the end of the year. The Q2 2023 net loss increased to $12.6 million compared to $11.6 million in Q2 2022. Arbe had $31.6 million in cash and cash equivalents and $25.6 million in short-term bank deposits with no debt as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
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-
Rhea-AI Summary
Arbe Robotics has received an $11.6 million preliminary order for radar chipsets from Weifu Group, a leading Chinese tier 1 supplier in the automotive market. Weifu has also placed a $1 million order for professional services to support radar systems design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.3%
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none
Rhea-AI Summary
Arbe Robotics Ltd. (Nasdaq: ARBE) Announces Participation in Investor Conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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conferences
Arbe Robotics Ltd. Ordinary Shares

Nasdaq:ARBE

ARBE Rankings

ARBE Stock Data

130.63M
39.80M
19.93%
35.54%
0.9%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States of America
Tel Aviv-Yafo

About ARBE

arbe robotics is building the future car’s eyes and brain using a high-resolution radar, enabling cars to “see” the environment in any weather and any lighting condition, to long, mid and short ranges, in any azimuth, elevation, range and doppler. our radar detects cars, motorcycles, bikes, and most importantly humans. arbe’s radar, based on our proprietary chipsets, is a next generation of safety products for adas and autonomous driving, offering superior performance at a low cost, size and power consumption. join us - we are hiring! http://www.arberobotics.com/en_us/careers/