Major Commercial Vehicle OEM Selects Innoviz Technologies for Future Series Production of Level 4 Autonomous Trucks

Rhea-AI Summary

Innoviz Technologies (NASDAQ: INVZ) has been selected by a major commercial vehicle OEM to supply InnovizTwo LiDAR sensors for Level 4 autonomous class-8 semi-trucks. The company will initially provide units for the OEM's data collection trucking fleet while developing software modifications to meet specific vehicle integration requirements.

The autonomous trucks will be deployed across highway and regional routes in North America, aimed at helping fleet operators reduce costs, improve uptime, and enhance road safety. This selection follows Innoviz's earlier SAE L3 development program with a Top 5 passenger vehicle OEM, reinforcing its position as a preferred 3D sensing partner for global OEMs and AV providers.

Positive

• None.

Negative

• Software modifications required to meet OEM's integration requirements
• Initial deployment limited to data collection fleet before series production

Insights

Autonomous Vehicle Technology Specialist

Innoviz secures major commercial deal for L4 autonomous trucks, strengthening position in high-performance LiDAR market and expanding beyond passenger vehicles.

Innoviz Technologies has secured a significant commercial win with their selection by a major commercial vehicle OEM to supply InnovizTwo LiDAR sensors for Level 4 autonomous class-8 semi-trucks in North America. This represents a strategic expansion beyond their previous focus on passenger vehicles into the commercial trucking sector, which offers substantial growth potential for LiDAR technology.

The deal structure includes immediate supply of sensors for the OEM's data collection fleet this year, alongside concurrent software development to meet specific vehicle integration requirements. This phased approach suggests a methodical implementation strategy typical of commercial vehicle deployments, where reliability and durability testing are critical before full-scale deployment.

What makes this particularly significant is the Level 4 autonomy target - representing high automation where vehicles can operate without human intervention within specific operational domains. For commercial trucking, this addresses acute industry challenges including driver shortages, safety concerns, and operational efficiency. The applications across "highway and regional routes" indicate a substantial addressable market for Innoviz.

This selection strengthens Innoviz's market position following their earlier SAE L3 development program with a Top 5 passenger vehicle OEM. The company is strategically positioning itself across both commercial and passenger vehicle segments, diversifying revenue streams while leveraging a common technology platform. For LiDAR providers, securing OEM selections for series production represents the ultimate commercial validation, as it moves beyond one-off projects to potential high-volume, recurring revenue opportunities.

InnovizTwo High-Performance LiDAR Platform to be used in L4 autonomous trucks in North America

TEL AVIV, Israel, Sept. 8, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensor platforms and complementary software stacks, announced today it has been selected as a future series production supplier by a major commercial vehicle OEM (original equipment manufacturer) to supply advanced LiDAR units for SAE (Society of Automotive Engineers) Level 4 autonomous class-8 semi-trucks.

Under the terms of this selection, Innoviz is planned to supply first units of its InnovizTwo sensors to support the OEM's data collection trucking fleet this year. In parallel, Innoviz will develop software modifications to the InnovizTwo platform to address the OEM's unique vehicle integration requirements. The OEM's SAE Level 4 autonomous trucks are expected to be deployed across a broad range of highway and regional routes in North America, helping fleet operators reduce costs, improve uptime, and enhance road safety.

"Winning this L4 program with a major and respected truck manufacturer is a milestone that reflects our ability to scale across sectors," said Omer Keilaf, CEO and Co-Founder of Innoviz Technologies. "These trucks require LiDARs that can endure extreme conditions while maintaining the highest performance. InnovizTwo has demonstrated itself on this front with highest resolution, blockage resiliency, and the reliability needed to drive autonomy at scale for these trucks."

This selection comes on the heels of the SAE L3 development program awarded to Innoviz earlier this year with a Top 5 passenger vehicle OEM and strengthens Innoviz's position as a preferred 3D sensing partner for global OEMs, AV (autonomous vehicle) providers as they continue to advance their ADAS (Advanced Driver Assistant Systems) and AV systems with LiDAR sensors that deliver exceptional resolution, range, and reliability.

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.

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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, 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, and in the case of our forward-looking revenues, actual orders or actual payments, 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. There can be no assurances that the Company will enter into definitive agreements, orders or receive payments with respect to the program selection referenced in this announcement. 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 is the new contract Innoviz Technologies (INVZ) won in September 2025?

Innoviz was selected as a future series production supplier by a major commercial vehicle OEM to provide InnovizTwo LiDAR sensors for Level 4 autonomous class-8 semi-trucks in North America.

What type of autonomous technology will INVZ provide for the trucks?

Innoviz will supply its InnovizTwo LiDAR sensor platforms for SAE Level 4 autonomous trucks, which enable high-performance, automotive-grade LiDAR sensing capabilities.

Where will the Innoviz-equipped autonomous trucks be deployed?

The SAE Level 4 autonomous trucks will be deployed across highway and regional routes in North America.

What are the benefits of Innoviz's LiDAR technology for truck fleet operators?

The technology helps fleet operators reduce costs, improve uptime, and enhance road safety through advanced autonomous driving capabilities.

How does this contract affect Innoviz's market position?

This selection strengthens Innoviz's position as a preferred 3D sensing partner for global OEMs, following their earlier SAE L3 program win with a Top 5 passenger vehicle OEM.