Innoviz Technologies Ltd Stock Price, News & Analysis

Innoviz Technologies (Nasdaq: INVZ) announced its selection of BlackBerry QNX Automotive Operating System for its LiDAR sensors, InnovizOne and InnovizTwo. This collaboration aims to enhance safety and reliability in automotive applications. BlackBerry QNX is designed for safety-critical embedded systems, facilitating high-performance LiDAR solutions. Innoviz emphasizes the importance of safety in the development of its products. Omer Keilaf, CEO, expressed excitement for continued collaboration to innovate in vehicle safety. Both companies aim to push advancements in LiDAR technology for autonomous vehicles.

Innoviz Technologies (NASDAQ: INVZ) reported its fourth-quarter and full-year results for 2021, highlighting significant operational progress and increased commercial traction. The company achieved a design freeze for its InnovizOne LiDAR product and is advancing towards production readiness. Innoviz secured eight pre-production programs with major automotive manufacturers, showcasing its growth potential. Management updates indicate optimism for 2022, with advanced negotiations for several serial production programs. The company's strategic initiatives aim to capture market share in the automotive sector and beyond.

Innoviz Technologies (Nasdaq: INVZ) will hold a conference call and webinar on March 2, 2022, at 9:00 AM ET to discuss its operational and financial results for the fourth quarter and full year ending December 31, 2021. A press release with the results will be issued prior to the call. Investors can register for the Zoom conference and a replay will be available on Innoviz's website for 90 days. Innoviz is a leader in LiDAR technology, aiming to enhance safety in autonomous vehicles globally.

Innoviz Technologies (Nasdaq: INVZ) announced its compliance with IATF 16949:2016 automotive standard, marking a significant milestone in its manufacturing capabilities. This certification recognizes Innoviz's automated manufacturing processes, which ensures quality management in the production of its advanced LiDAR technology.

As a result, Innoviz is positioned favorably for collaborations with Tier-1 automotive suppliers and manufacturers, enhancing its competitiveness in the autonomous vehicle market.

Innoviz Technologies (Nasdaq: INVZ) has announced a partnership with Twinner, a vehicle scanner provider, to enhance vehicle inspection capabilities using InnovizOne LiDAR technology. The collaboration aims to integrate this solid-state LiDAR with Twinner's Digital Twinn platform, enabling a comprehensive 360-degree view of vehicles. This integration is expected to improve defect identification, enhance transparency in vehicle conditions, and support better investment decisions for various stakeholders in the automotive industry. The partnership aligns with growing digital technologies transforming car sales.

Innoviz Technologies has launched the Innoviz360, a next-generation HD LiDAR sensor boasting 10x the performance of traditional systems at a significantly lower cost. This innovative product features 360°x64° coverage, up to 1280 scanning lines, and a range of 300m. With a total addressable market of $20B for non-automotive applications and $55B for automotive by 2030, revenues from Innoviz360 are expected to begin in 2023. The company will showcase its technology at CES 2022 in Las Vegas on January 5-8.

Innoviz Technologies has launched Innoviz360, a groundbreaking HD LiDAR sensor that offers 10x the performance of standard solutions at a significantly lower cost. Key features include 360°x64° coverage, 0.05° resolution, and a range of up to 300m. The product expands Innoviz's market potential, with a total addressable market (TAM) for non-automotive applications projected to reach $20B by 2030, alongside an automotive TAM of $55B. Revenue generation is expected to start in 2023, with samples available in Q4 2022.

Innoviz Technologies (NASDAQ: INVZ) announced a virtual workshop on January 3, 2022, at 11:00 am EST, hosted by CEO Omer Keilaf. The workshop will cover topics from a new white paper on LiDAR design for Level 3 automated vehicles, aiming to improve road safety. Key design aspects include field of view, resolution, detection range, and response to emergency situations. Innoviz's LiDAR technology is pivotal in enhancing automated driving systems and ensuring safer transportation. The white paper will be available on Innoviz's website post-event.

Innoviz Technologies (NASDAQ: INVZ) invites participants to a virtual workshop on January 3, 2022, at 11:00 am EST, hosted by Co-Founder and CEO Omer Keilaf. The workshop will present chapters from Keilaf's new white paper on LiDAR systems for Level 3 automated vehicles, highlighting essential design parameters for road safety. Innoviz aims to set industry standards through collaboration with automotive OEMs and Tier-1 suppliers to enhance safety in autonomous driving. The white paper will be accessible on Innoviz's website after the event.