Innoviz Technologies Ltd Stock Price, News & Analysis

Innoviz Technologies (NASDAQ: INVZ) will participate virtually in the 2021 J.P. Morgan Automotive Conference on August 12 at 8:00 am ET. The event will include a live webcast, accessible for replay. Innoviz is renowned for its advanced LiDAR sensors and perception software, designed for autonomous vehicles. The company has been selected by BMW for its autonomous vehicle program. Interested parties can schedule one-on-one meetings or request further information through Innoviz's investor relations.

Innoviz Technologies (Nasdaq: INVZ) will announce its Q2 2021 financial results on August 11, 2021, before market open. A conference call will follow at 8:00 a.m. Eastern time to discuss the results. Investors can register for the webinar or join via phone with several dialing options available. The company is recognized for its high-performance LiDAR technology, recently selected by BMW for its autonomous vehicle initiative. This highlights Innoviz's position in the automotive industry, backed by strong partnerships with leading companies.

Innoviz Technologies (Nasdaq: INVZ) partners with Cron AI to enhance 3D perception through the InnovizOne LiDAR sensor and senseEDGE platform. Announced on June 8, 2021, the collaboration aims to improve intelligent transport, smart city applications, and security. Leveraging InnovizOne's dense point cloud capabilities, the partnership focuses on real-time data, boosting the efficiency of smart systems. Innoviz's CEO highlighted the partnership's potential to reduce costs and expedite market readiness for innovative applications.

Innoviz Technologies (Nasdaq: INVZ) has announced its participation in several virtual financial conferences throughout June 2021. Key events include:

• Needham Virtual Automotive Tech Conference on June 8
• UBS Global Industrials and Transportation Conference on June 9
• Deutsche Bank Global Auto Industry Conference on June 16
• Baird Autonomous Vehicle Webcast Series on June 16
• Goldman Sachs Digital Economy Conference on June 18
• Credit Suisse Mobility Start-up Forum on June 22

This engagement aims to enhance investor relations and showcase its LiDAR technology, crucial for autonomous vehicles.

Innoviz Technologies (Nasdaq: INVZ) has partnered with Sensagrate to integrate InnovizOne LiDAR sensors with Sensagrate's SensaVision software. This collaboration aims to enhance pedestrian and automobile safety and improve traffic flow in smart city environments. InnovizOne's high-resolution capabilities will enable accurate tracking of various road users and assist in accident analysis through predictive analytics. The partnership represents a significant advancement in urban planning, focusing on reducing congestion and fatalities while supporting the development of safer roadways.

Innoviz Technologies (NASDAQ: INVZ) has released its financial results for the first quarter of 2021. The company reported a revenue of $2 million, a significant increase from $1 million in the previous quarter. Despite the positive revenue growth, Innoviz reported a net loss of $10 million, consistent with prior periods. The company anticipates a strong demand for its LiDAR technology in the automotive sector and aims for a revenue projection of $15 million for Q2 2021. Innoviz also highlights its ongoing partnerships with leading automotive manufacturers.

Innoviz Technologies (NASDAQ: INVZ) was selected by a leading Tier-1 automotive supplier as the LiDAR provider for its autonomous shuttle program. The agreement, expected to generate hundreds of millions in revenue, involves InnovizOne solid-state LiDAR units that will facilitate level 4 autonomy for shuttles operational by the end of 2022. This selection follows a rigorous two-and-a-half-year evaluation of Innoviz's product reliability and manufacturing capabilities, marking a significant milestone for the company as it prepares for high-volume production.

Innoviz Technologies (Nasdaq: INVZ) announced its participation in Citi's Car of The Future Virtual Symposium on May 12, 2021. The management will present at 11:45 a.m. Eastern time and hold one-on-one meetings throughout the event. The fireside chat will be available for live webcast and replay. Innoviz is known for its high-performance LiDAR technology, crucial for autonomous vehicles, and has partnered with industry leaders like BMW. The company focuses on delivering superior safety and performance in its products.

Innoviz Technologies (Nasdaq: INVZ) has announced a partnership with Vueron Technology to develop a LiDAR-only autonomous driving platform. This collaboration follows Vueron's recent achievement of a self-driving permit from the South Korean government, allowing a historic automated drive from Seoul to Busan. Innoviz's LiDAR technology, recognized for its high performance, will be integrated with Vueron's advanced perception software, paving the way for enhanced autonomous vehicle capabilities. The partnership aims to leverage both companies' strengths to advance safety and reliability in autonomous driving.