Arbe Robotics Stock Price, News & Analysis

Arbe Robotics Ltd. (Nasdaq: ARBE) will showcase its innovative 360° Perception Solution at CES 2023 from January 5-8, 2023, in Las Vegas. This AI-based safety solution is designed for ADAS and autonomous driving. Arbe has been recognized as a CES 2023 Innovation Awards Honoree for its advanced radar technology. During the event, the company will host meetings with customers, analysts, and investors at Booth #4016, where attendees can experience test drives. The automotive radar market is projected to reach $11 billion by 2025, highlighting Arbe's growth potential.

Arbe Robotics has announced a significant milestone in its business development, as HiRain Technologies placed a preliminary order for 340,000 radar chipsets. This order represents Arbe's transition into the mass production phase, set for delivery in 2023 and 2024. The partnership aims to enhance advanced driver-assistance systems (ADAS) and autonomous driving technologies in China. Arbe's radar systems provide crucial detection capabilities, enabling higher levels of vehicle safety and supporting the industry's shift towards L2+ autonomy.

Arbe Robotics Ltd. (Nasdaq: ARBE) reported a Q3 2022 revenue of $1.3 million, up from $0.6 million in Q3 2021. The gross margin improved to 72.5%, a surge from 30.3% year-over-year. The company secured a major order of 340,000 radar chipsets from HiRain Technologies for 2023 and 2024 and has been chosen by Veoneer for next-generation radar solutions. However, operating expenses rose to $11.8 million, leading to a net loss of $9.9 million. Arbe revised its 2022 revenue outlook to $4 million to $7 million from a previous range of $7 million to $11 million.

Arbe Robotics (Nasdaq: ARBE) is set to participate in key upcoming investor conferences. CEO Kobi Marenko will attend the 11th Annual Roth Technology Event on November 16 in New York City, and the Wells Fargo 6th Annual TMT Summit on November 29 in Las Vegas, showcasing the company’s leadership in advanced 4D Imaging Radar solutions. Investors can access live webcasts through Arbe’s Investor Relations website. The firm is pioneering innovations in automotive radar with a projected market growth to $11 billion by 2025.

TEL AVIV, Israel, Oct. 25, 2022 – Arbe Robotics (Nasdaq: ARBE) will report its Q3 2022 financial results before the market opens on November 14, 2022. A live webcast discussing these results will occur at 8:30 a.m. ET on the same day, featuring Co-Founder and CEO Kobi Marenko, and CFO Karine Pinto-Flomenboim. Arbe, known for its advanced perception radar solutions, is a leader in the automotive radar market, with a projected addressable market of $11 billion by 2025.

Arbe Robotics (Nasdaq: ARBE) has been selected by Veoneer, a leading active safety tier-1 supplier, to provide its chipset solution for next-generation automotive radars. This partnership aims to develop advanced radar systems for enhanced vehicle safety and autonomy, with pre-production expected by mid-2023. Arbe's imaging radar technology is 100 times more detailed than existing solutions, positioning the company in a growing market projected to reach $11 billion by 2025. The collaboration underlines Arbe's capabilities in delivering cutting-edge sensor technologies for the automotive sector.

TEL AVIV, Israel, Sept. 22, 2022 – Arbe Robotics (Nasdaq: ARBE), a leader in 4D Imaging Radar solutions, announces CEO Kobi Marenko and CFO Karine Pinto-Flomenboim will speak at the UBS Future of Electric Mobility Virtual Conference on October 3. The company will also host one-on-one investor meetings, available by contacting UBS sales representatives. Arbe is revolutionizing sensing technology for autonomous driving, with solutions providing detailed radar coverage. The automotive radar market is expected to reach $11 billion by 2025.

Arbe Robotics (NASDAQ: ARBE) announced a partnership with HiRain Technologies to deploy its perception radar chipset in autonomous trucks and automated guided vehicles (AGVs) at the Port of RiZhao, China. This collaboration aims to enhance autonomous driving capabilities, improving safety and reducing operational risks in dense port environments. The deployment is part of HiRain's larger initiative for mass production of autonomous driving solutions projected for 2023. The perception radar is noted for its ultra-high resolution and reliability under varying conditions, crucial for advancing safety in autonomous transport.