Innoviz Technologies Launches InnovizSMART, Bringing Automotive-Grade LiDAR Performance to Security, Mobility, Aerial, Robotics & Intelligent Traffic Management Applications

Rhea-AI Summary

Innoviz Technologies (NASDAQ: INVZ) has launched InnovizSMART Long-Range, a high-performance LiDAR sensor designed for smart applications including security, mobility, aerial, robotics, and intelligent traffic management. The new product leverages Innoviz's automotive-grade technology to deliver exceptional 3D performance with detection capabilities up to 400 meters. Key features include native Power over Ethernet support for simplified deployment, resilience to harsh weather conditions, uniform field-of-view resolution, and privacy-conscious design. The system requires only a single Ethernet cable for both data and power, reducing infrastructure costs while maintaining high performance in challenging outdoor environments like dust, sunlight, and rain.

Positive

• Advanced detection range of up to 400 meters for pedestrians and vehicles
• Native Power over Ethernet (PoE) support reduces installation costs and simplifies deployment
• Resilient performance in harsh conditions including dust, sunlight, rain, and extreme temperatures
• Privacy-conscious design captures spatial data without identifying personal characteristics

Negative

• None.

News Market Reaction

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-0.73% News Effect

On the day this news was published, INVZ declined 0.73%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

InnovizSMART Long-Range delivers outstanding 3D performance, resolution, range, and reliability for security, urban mobility, aerial, robotics and intelligent traffic deployments

TEL AVIV, Israel, June 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today the launch of InnovizSMART Long-Range, a new high-performance LiDAR sensor tailored for smart applications, such as security, mobility, aerial, robotics, and intelligent traffic management. The product brings Innoviz's proven automotive-grade performance to the smart applications space, offering a long-range solution with native Power over Ethernet (PoE) support for easy deployment and maintenance in urban environments.

Developed further to demand from customers, InnovizSMART is a rugged and reliable LiDAR sensor that features low-power consumption, a uniform field-of view and high-resolution 3D point cloud that enables accurate object detection at distances of up to 400 meters - even in harsh outdoor conditions like dust, sunlight, and rain. With PoE capabilities, the system requires only a single Ethernet cable for both data and power, simplifying installation and reducing infrastructure costs.

InnovizSMART Key features include:

• True long-range detection of up to 400 meters, with accurate identification of pedestrians and vehicles even at extended distances.
• Blockage resilience to dust, debris, and extreme temperatures.
• Uniform resolution across the field of view, enabling consistent tracking performance across wide intersections or corridors.
• PoE-enabled connectivity, allowing for fast deployment on existing poles or traffic light infrastructure using standard Ethernet.
• Privacy-conscious by design: InnovizSMART captures spatial data without identifying personal characteristics, offering cities a reliable tool for improving safety and efficiency while upholding privacy standards.

"InnovizSMART is built on the same technological foundation as Innoviz automotive solutions, bringing the quality and standard to the smart infrastructure space," said Omer Keilaf, CEO and Co-Founder of Innoviz. "From traffic optimization to security deployments and more, InnovizSMART offers cities and solution providers a high-performance tool with the privacy, reliability, and durability of an automotive-grade product."

For more information about InnovizSMART Long-Range, email: sales@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 U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz.tech.com.

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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 and Innoviz's projected future operational and financial 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 Israel to our ongoing operations. The foregoing list is not exhaustive. You should carefully consider such risk and the other risks and uncertainties described in Innoviz's annual report on Form 20-F for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission ("SEC") on March 12, 2025 and in other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.

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SOURCE Innoviz Technologies

FAQ

What are the key features of Innoviz Technologies' new InnovizSMART Long-Range LiDAR sensor?

InnovizSMART features 400-meter detection range, blockage resilience, uniform resolution across field of view, PoE connectivity, and privacy-conscious design that doesn't capture personal characteristics.

How does InnovizSMART's Power over Ethernet (PoE) capability benefit installations?

PoE enables the use of a single Ethernet cable for both power and data, simplifying installation on existing poles or traffic infrastructure while reducing deployment costs.

What applications is INVZ's InnovizSMART designed for?

InnovizSMART is designed for security, urban mobility, aerial applications, robotics, and intelligent traffic management deployments.

How does InnovizSMART perform in adverse weather conditions?

The sensor is designed to maintain performance in harsh outdoor conditions including dust, sunlight, rain, and extreme temperatures.

What is the maximum detection range of InnovizSMART?

InnovizSMART can detect and accurately identify pedestrians and vehicles at distances of up to 400 meters.