Welcome to our dedicated page for Innoviz Technologies news (Ticker: INVZ), a resource for investors and traders seeking the latest updates and insights on Innoviz Technologies stock.
Innoviz Technologies Ltd. (NASDAQ: INVZ) is a Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensor platforms and complementary software stacks. The Innoviz news feed highlights company announcements that cover autonomous driving programs, smart infrastructure deployments, technology launches, and corporate developments relevant to LiDAR and perception systems.
Investors and industry followers can use this page to review updates on Innoviz’s collaborations with automotive manufacturers and technology partners. Recent news includes selection by Daimler Truck and Torc Robotics as a LiDAR partner for series production of SAE Level 4 autonomous Class 8 trucks, as well as earlier disclosures about a major commercial vehicle OEM choosing InnovizTwo LiDAR for Level 4 autonomous trucks in North America.
The feed also features product and platform announcements such as the InnovizThree compact LiDAR, the InnovizSMART and InnovizSMARTer solutions for smart infrastructure and perimeter security, and integrations with platforms like NVIDIA Jetson Orin Nano and Vueron’s VueX AI development environment. These stories illustrate how Innoviz positions its sensors and software for applications ranging from passenger vehicles and trucks to smart cities, mobility, robotics, and aerial systems.
In addition to technology and partnership news, this page may include financial and strategic updates drawn from company press releases, such as quarterly results, program wins, and certification milestones like ISO/IEC 17025:2017 accreditation for its testing laboratories. For anyone tracking INVZ, this consolidated news view offers a way to follow how Innoviz’s LiDAR platforms are being adopted across automotive and industrial markets.
Innoviz Technologies (Nasdaq: INVZ) and Whale Dynamic announced a collaboration to develop a next-generation autonomous driving (AD) platform. This platform will utilize InnovizOne LiDAR as its primary sensor, replacing the previous InnovizPro model. The selection of InnovizOne is based on its superior performance, automotive-grade specs, and low power consumption. This partnership aims to enhance the capabilities of autonomous vehicles in China, the world's largest vehicle market. Both companies are focused on achieving fully autonomous solutions for various applications.
Innoviz Technologies (Nasdaq: INVZ) has partnered with EDOM Technology to enhance the distribution and support of Innoviz's LiDAR solutions in the Greater China region. This collaboration aims to leverage EDOM's extensive relationships and sales staff to boost adoption in the automotive market and other sectors such as security, agriculture, and robotics. The partnership strengthens Innoviz's presence in Asia, complementing existing ties with key suppliers like HiRain Technologies and Harman International. Innoviz is recognized for its advanced LiDAR technology, already in use by BMW.
Innoviz Technologies (Nasdaq: INVZ), a provider of solid-state LiDAR sensors, has partnered with SpringCloud, a leader in autonomous mobility services in South Korea. This partnership enables SpringCloud to distribute Innoviz's products across various sectors, enhancing their market presence. Innoviz's technology, already selected by BMW for their autonomous vehicle program, is positioned to meet the increasing demand for advanced mobility solutions. This collaboration aims to solidify both companies' roles in the evolving autonomous industry.
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.
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