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Innoviz Technologies Ships First InnovizTwo LiDAR Units from Fabrinet's High-Volume Production Line

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Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, has achieved a significant milestone by shipping its first InnovizTwo LiDAR units from Fabrinet's high-volume production line.

The production launch follows extensive collaboration and training to ensure compliance with Innoviz's quality standards. Fabrinet (NYSE: FN), Innoviz's chosen manufacturing partner, provides a global manufacturing footprint across the US and Asia, enabling efficient and cost-effective scaling of production to meet growing autonomous vehicle industry demands.

Innoviz Technologies (NASDAQ: INVZ), fornitore di primo livello di sensori LiDAR per automotive, ha raggiunto un traguardo importante spedendo le sue prime unità LiDAR InnovizTwo dalla linea di produzione ad alto volume di Fabrinet.

Il lancio della produzione segue una collaborazione approfondita e sessioni di formazione per garantire il rispetto degli standard di qualità di Innoviz. Fabrinet (NYSE: FN), partner produttivo scelto da Innoviz, offre una presenza produttiva globale tra Stati Uniti e Asia, permettendo una scalabilità efficiente e conveniente per soddisfare la crescente domanda nel settore dei veicoli autonomi.

Innoviz Technologies (NASDAQ: INVZ), un proveedor de nivel 1 de sensores LiDAR para automoción, ha alcanzado un hito importante al enviar sus primeras unidades LiDAR InnovizTwo desde la línea de producción de alto volumen de Fabrinet.

El lanzamiento de la producción sigue a una colaboración extensa y capacitación para asegurar el cumplimiento de los estándares de calidad de Innoviz. Fabrinet (NYSE: FN), el socio manufacturero elegido por Innoviz, ofrece una presencia global de fabricación en EE. UU. y Asia, lo que permite una expansión eficiente y rentable para satisfacer la creciente demanda de la industria de vehículos autónomos.

Innoviz Technologies (NASDAQ: INVZ)는 자동차용 LiDAR 센서의 1급 공급업체로서 Fabrinet의 대량 생산 라인에서 첫 번째 InnovizTwo LiDAR 유닛을 출하하는 중요한 이정표를 달성했습니다.

생산 출시는 Innoviz의 품질 기준 준수를 보장하기 위한 광범위한 협력과 교육을 거친 후 이루어졌습니다. Innoviz가 선택한 제조 파트너인 Fabrinet (NYSE: FN)은 미국과 아시아 전역에 제조 거점을 보유하여 자율주행차 산업의 증가하는 수요를 효율적이고 비용 효과적으로 대응할 수 있도록 합니다.

Innoviz Technologies (NASDAQ : INVZ), fournisseur de niveau 1 de capteurs LiDAR pour l'automobile, a franchi une étape importante en expédiant ses premières unités LiDAR InnovizTwo issues de la ligne de production à grande échelle de Fabrinet.

Le lancement de la production fait suite à une collaboration approfondie et à des formations visant à garantir le respect des normes de qualité d'Innoviz. Fabrinet (NYSE : FN), partenaire de fabrication choisi par Innoviz, dispose d'une présence mondiale en fabrication aux États-Unis et en Asie, permettant une montée en puissance efficace et économique pour répondre à la demande croissante de l'industrie des véhicules autonomes.

Innoviz Technologies (NASDAQ: INVZ), ein Tier-1-Zulieferer von Automotive-LiDAR-Sensoren, hat einen bedeutenden Meilenstein erreicht, indem es seine ersten InnovizTwo LiDAR-Einheiten von der Hochvolumen-Produktionslinie bei Fabrinet ausgeliefert hat.

Der Produktionsstart folgt auf eine umfangreiche Zusammenarbeit und Schulung, um die Einhaltung der Qualitätsstandards von Innoviz sicherzustellen. Fabrinet (NYSE: FN), der von Innoviz gewählte Fertigungspartner, verfügt über ein globales Fertigungsnetzwerk in den USA und Asien, das eine effiziente und kostengünstige Skalierung der Produktion ermöglicht, um der wachsenden Nachfrage der autonomen Fahrzeugindustrie gerecht zu werden.

Positive
  • Successfully initiated high-volume production of InnovizTwo LiDAR units
  • Partnership with Fabrinet enables global manufacturing capabilities
  • Production scalability positions company to meet growing autonomous vehicle market demand
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Insights

Innoviz achieves critical production milestone with first InnovizTwo LiDAR shipments from Fabrinet, signaling readiness for high-volume automotive market scaling.

The shipment of the first InnovizTwo LiDAR units from Fabrinet's high-volume production line represents a crucial operational breakthrough for Innoviz Technologies. This milestone demonstrates that Innoviz has successfully transferred its complex LiDAR technology to a contract manufacturing partner capable of automotive-grade mass production - a notoriously difficult transition in the sensor technology space.

What makes this particularly significant is the manufacturing credibility this partnership brings. Fabrinet is a well-established contract manufacturer with proven capabilities in producing precision optical components at scale. The successful completion of knowledge transfer, training, and quality control implementation indicates Innoviz has overcome the common hurdles that typically delay production ramps in advanced sensing technologies.

From a supply chain perspective, Fabrinet's global manufacturing footprint across the US and Asia provides Innoviz with both geographic diversification and scalability. This multi-region capability is strategically valuable for serving global automotive OEMs who require regional supply security and consistent quality across markets.

For context, the LiDAR industry has struggled with the transition from low-volume prototypes to automotive-grade mass production. Several competitors have faced significant delays or quality issues when attempting to scale. Innoviz's successful production launch suggests they've navigated this critical phase that has challenged many sensor companies targeting the autonomous vehicle market.

This production milestone transforms Innoviz's market position from a technology developer to a volume supplier - essential for serving automotive customers who make purchasing decisions based heavily on manufacturing readiness and quality process maturity.

Innoviz and Fabrinet mark key production milestone, enabling high-volume LiDAR manufacturing for autonomous vehicles

Tel Aviv, ISRAEL, July 8, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today the shipment of the first InnovizTwo LiDAR units from Fabrinet's (NYSE: FN) high-volume production line. This marks a major milestone in Innoviz's journey to mass-produce its InnovizTwo LiDAR technology for the autonomous vehicle industry.

The production ramp-up at Fabrinet's facility follows months of collaboration and extensive training, ensuring that all production procedures meet Innoviz's rigorous quality standards. Following this thorough preparation process, the first units have been successfully assembled. With this shipment, Innoviz has taken a significant step toward delivering high-volume production while maintaining an outstanding quality process to meet its customers' requirements.

"Shipping the first InnovizTwo units from Fabrinet is a critical achievement for us," said Ido Luski, Innoviz's Co-Chief Operation Officer. "This milestone proves that we are well positioned to ramp up production, scale our operations and meet growing demand efficiently and cost effectively at the highest automotive-grade standard."

As recently announced by Innoviz, Fabrinet is Innoviz's chosen manufacturing partner for the InnovizTwo LiDAR product platform. Fabrinet's global footprint of manufacturing sites spread across the United States and Asia enables Innoviz to scale production to volume efficiently and cost-effectively. With this first shipment, Innoviz moves closer to meeting the growing demand for scalable autonomous vehicle solutions for automotive OEMs and mobility companies worldwide.

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.com.

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Media Contact
Media@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 Innoviz's expectations, plans, and future prospects related to the strategic partnership with Fabrinet, the anticipated scaling of production, the economic benefits of the partnership and Fabrinet's compliance with the highest automotive-grade standards. 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, 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 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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Logo: https://mma.prnewswire.com/media/1496323/Innoviz_Technologies_Logo.jpg

 

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SOURCE Innoviz Technologies

FAQ

What milestone did Innoviz Technologies (INVZ) announce in July 2025?

Innoviz announced the first shipment of InnovizTwo LiDAR units from Fabrinet's high-volume production line, marking a significant step in mass-producing LiDAR technology for autonomous vehicles.

Who is manufacturing the InnovizTwo LiDAR units for Innoviz (INVZ)?

Fabrinet (NYSE: FN) is Innoviz's chosen manufacturing partner, with production facilities across the United States and Asia.

What is the significance of Innoviz's (INVZ) production milestone with Fabrinet?

The milestone demonstrates Innoviz's ability to scale operations and meet growing demand efficiently and cost-effectively while maintaining automotive-grade quality standards.

Where will Innoviz (INVZ) manufacture its InnovizTwo LiDAR units?

InnovizTwo LiDAR units will be manufactured at Fabrinet's facilities across the United States and Asia, enabling global production capabilities.
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