Arbe Robotics Stock Price, News & Analysis

Arbe Robotics, a leader in next-generation 4D Imaging Radar, will present at the Jefferies Israel Tech Trek 2022 on September 21, in Tel Aviv. CEO Kobi Marenko and CFO Karine Pinto-Flomenboim will attend the event, which includes one-on-one investor meetings. Interested parties should contact their Jefferies salesperson for scheduling. Arbe's innovative solutions offer significant advancements in automotive radar technology, projected to encompass an $11 billion market by 2025. For further details, visit Arbe’s events page.

Arbe, a leader in 4D Imaging Radar solutions, announces that Karine Pinto-Flomenboim, CFO, will participate in the Jefferies Semiconductors, IT Hardware & Communications Infrastructure Summit in Chicago on August 31. One-on-one investor meetings will be held during the event. Arbe is noted for its advanced sensing technology, which is essential for L2+ and higher autonomy vehicles, and is projected to tap into an $11 billion automotive radar market by 2025. For further details about the event, visit Arbe's events page.

Arbe Robotics Ltd. (Nasdaq: ARBE) reported Q2 2022 revenues of $1.2 million, up from $0.5 million in Q2 2021. The gross margin improved to 72.8% from 31.9% last year. Despite the growth in revenue, operating expenses rose to $13.0 million, leading to an operating loss of $12.1 million. Net loss increased to $11.6 million. Arbe expects full-year revenues of $7 million to $11 million and aims for $312 million by 2025. A long-term agreement with GlobalFoundries supports production capabilities. HiRain Technologies plans mass production of Arbe's chipset by 2023.

Arbe Robotics (NASDAQ: ARBE) will hold its Q2 2022 conference call on Aug. 16, 2022, at 8:30 a.m. ET, with an earnings release prior to market opening. CEO Kobi Marenko and CFO Karine Pinto-Flomenboim will speak during the call. Participants can join via telephone or a live webcast. Arbe is a leader in Perception Radar Solutions, addressing a projected $11 billion automotive radar market by 2025. The company is recognized for its advanced sensing technologies essential for autonomous driving, collaborating with Tier 1 suppliers and manufacturers worldwide.

Arbe Robotics (NASDAQ: ARBE), a leader in next-generation Imaging Radar solutions, announced that CEO Kobi Marenko will present at the J.P. Morgan Automotive Conference on August 9, 2022 in New York City. The presentation is set for 10:20 am ET and will be available via webcast on Arbe's Investor Relations website. Marenko will also engage in one-on-one investor meetings throughout the day. Arbe specializes in advanced sensing technology designed for driver-assist and autonomous vehicle systems, with a projected total addressable market of $11 billion by 2025.

Arbe Robotics has launched Lynx, a revolutionary surround imaging radar that delivers 360° high-resolution sensing at an affordable price. This radar processes 24x12 channels, outperforming industry standards and enhancing perception and sensor fusion for autonomous vehicles. Lynx is designed to work with Arbe's Phoenix Perception Radar, providing comprehensive sensor coverage. With the projected automotive radar market reaching $11 billion by 2025, this product positions Arbe for significant growth as the demand for advanced sensing increases.

Arbe Robotics Ltd. (Nasdaq: ARBE) announced a lock-up extension for shareholders holding 46,984,355 ordinary shares to 360 days after their merger with ITAC on October 7, 2021. This extension is contingent upon the stock reaching $9.00 per share for 20 out of 30 trading days. Additionally, another group of shareholders with 35,592,700 shares will not sell their shares until January 7, 2023, unless the share price reaches $12.00. The company emphasizes that these extensions reflect shareholder confidence in Arbe's long-term business potential.

Arbe Robotics (Nasdaq: ARBE) announced that HiRain Technologies, a leading Chinese ADAS supplier, is set to achieve full mass production of its 4D imaging radar system by 2023. The radar system, developed using Arbe's Perception Radar Chipset, boasts advanced features like a detection range of 350m and a resolution significantly higher than traditional radars. HiRain's collaboration with Arbe is pivotal in addressing the demand for autonomous vehicle technologies in China's large automotive market, which is crucial for enhancing road safety and autonomy.

Arbe Robotics (NASDAQ: ARBE), a leader in next-generation 4D Imaging Radar Solutions, announced CEO Kobi Marenko's participation in several investor conferences:

• Needham 6th Annual Virtual Automotive Technology Conference on June 7 at 8:45 am ET
• Citi's 2022 Car of the Future Virtual Symposium on June 10 at 8:00 am ET
• Credit Suisse 2022 Mobility Forum on June 21
• ROTH 8th Annual London Conference on June 22

Live webcasts will be available on Arbe's Investor Relations website.