Innoviz, in Collaboration with NVIDIA, Showcasing Cutting-Edge Perception Software with NVIDIA DRIVE AGX Orin at CES 2025, Unveiling New Software-Driven Features
Rhea-AI Summary
Innoviz Technologies (Nasdaq: INVZ), a Tier-1 supplier of automotive LiDAR sensors and perception software, has announced new technological developments to be showcased at CES 2025. The company is demonstrating its perception software running on the NVIDIA DRIVE AGX Orin platform, featuring software-driven capabilities for autonomous driving applications.
The collaboration with NVIDIA marks a significant advancement in AI-enabled perception systems. Innoviz's software, optimized for the NVIDIA DRIVE Orin platform, enables real-time processing and advanced environmental understanding, offering enhanced object detection, classification, and tracking capabilities for autonomous driving and ADAS systems.
The company will conduct live demonstrations at CES 2025 (West Hall, booth #4216), showcasing the integration of their LiDAR technology with NVIDIA's platform. The solution aims to support automakers in scaling from L2+ ADAS to fully autonomous vehicles.
Positive
- Strategic collaboration with NVIDIA for perception software integration
- Software optimization for NVIDIA DRIVE AGX Orin platform enables real-time processing
- Solution scalability from L2+ ADAS to full autonomy
Negative
- None.
News Market Reaction
On the day this news was published, INVZ gained 10.55%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Innoviz Perception Software offers key features running with the NVIDIA DRIVE AGX Orin platform
Innoviz booth at CES is on West Hall, booth #4216
To view Innoviz's cutting-edge perception software, please click here.
The collaboration with NVIDIA represents a major leap forward in the industry's shift toward high-performance, AI-enabled perception systems. Innoviz's perception software, optimized to run with the NVIDIA DRIVE Orin platform, allows for real-time processing and advanced understanding of the vehicle's environment, enabling exceptional object detection, classification, and tracking capabilities. This solution is poised to improve safety and performance across autonomous driving and advanced driver-assistance systems (ADAS).
"At Innoviz, we are relentlessly focused on pushing the boundaries of autonomous driving technology to ensure safer and more reliable systems for the future of mobility," said Omer Keilaf, CEO of Innoviz Technologies. "By leveraging the NVIDIA DRIVE Orin platform, we will be able to offer a powerful combination of cutting-edge LiDAR sensors and perception software, enabling automakers to scale from L2+ ADAS all the way to fully autonomous vehicles".
At CES 2025, Innoviz will showcase its advanced technology in a live demonstration, illustrating the power of Innoviz's robust software and hardware and the potential of the seamless integration with NVIDIA DRIVE OGX Orin. As autonomous vehicles and smart transportation continue to evolve, we believe that Innoviz's solution represents a crucial step forward in enabling fully autonomous systems that are safe, efficient, and reliable.
To schedule a demo of Innoviz's cutting-edge LiDAR technology, email ces@innoviz-tech.com
About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a Tier 1 supplier to the world's leading automotive manufacturers and working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the
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Media Contact
Media@innoviz-tech.com
Investor Contact
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, future series production nominations, and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to identify and realize additional opportunities, potential changes and developments in the highly competitive LiDAR technology and related industries, and our expectations regarding the impact of the evolving conflict in
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FAQ
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