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) has partnered with General Laser to promote its LiDAR solutions across Europe. This marks Innoviz's first distribution agreement in the region. General Laser will leverage its extensive network of over 70 resellers to enhance sales of Innoviz's products, including InnovizOne and InnovizTwo. The European non-automotive LiDAR market is projected to grow at a CAGR of 25%, reaching nearly $2 billion USD by 2029. This collaboration is expected to drive revenue growth in multiple sectors such as construction and agriculture.
Innoviz Technologies (NASDAQ: INVZ) announced it will release its Q4 and full year 2022 earnings results on March 1, 2023, before market opening. A conference call will follow at 9:00 a.m. ET to discuss operational and financial results, with a Q&A session for investors. Registration for the call is required, and a replay will be available for 90 days on their website. As a leader in LiDAR technology, Innoviz aims to enhance the safety and performance of autonomous vehicles, partnering with renowned automotive brands globally.
Innoviz Technologies has unveiled Innoviz360, a high-performance LiDAR sensor designed for both automotive and non-automotive applications, expected to be showcased at CES 2023 in Las Vegas from January 5-8. The Innoviz360 features 1280 scanning lines per frame, a range of 300 meters, and impressive vertical FOV of 64°. The device aims to address major challenges for OEMs in achieving Level 4-5 automation, offering significant cost reductions. Innoviz's ongoing commitment to technological advancements positions it as a leading player in the LiDAR market.
Innoviz Technologies (NASDAQ: INVZ) has announced a collaboration with Exwayz to showcase new lidar-based perception solutions for non-automotive applications. The integration of InnovizOne LiDAR with Exwayz's plug-and-play software enables advanced 3D mapping, localization, and object detection. Exwayz will demonstrate this technology at CES on January 7, 2023. This partnership aims to expand Innoviz's market reach across various sectors, including logistics and security, highlighting its commitment to developing innovative LiDAR solutions for diverse global customers.
Innoviz Technologies (NASDAQ: INVZ) partners with LOXO to equip zero-emission autonomous delivery vehicles with InnovizOne LiDAR sensors. The collaboration aims to enhance delivery efficiency and reduce emissions in Switzerland. LOXO plans to showcase its autonomous vehicles at the CES on January 7, 2023. Following an evaluation period, LOXO will increase orders for InnovizOne to support its fleet. The autonomous last-mile delivery market is projected to grow from USD 57.67 billion in 2021 to USD 68.95 billion by 2028, highlighting the potential impact of this partnership.
Innoviz Technologies (NASDAQ: INVZ) will showcase its InnovizOne LiDAR technology at CES 2023 from January 5-8 in Las Vegas, Nevada. The company will conduct live demonstrations and partner presentations at booth #6553, focusing on non-automotive applications such as smart cities and industrial uses. Global partners like Sensagrate and Whale Dynamics will highlight their innovative projects leveraging Innoviz's LiDAR systems. CEO Omer Keilaf expressed excitement about demonstrating the technology's versatility across various sectors.
Innoviz Technologies (Nasdaq: INVZ) has partnered with Outsight to integrate Innoviz's high-performance LiDAR, InnovizOne, with Outsight's processing software. This collaboration aims to enhance 3D localization and perception technologies across various applications, including smart infrastructure and industrial uses. The partnership targets sectors like intelligent transportation systems and commercial vehicle robotics. Outsight's software simplifies LiDAR technology integration, promoting broader adoption beyond automotive markets. Demonstrations of their collaboration will occur at CES 2023.
Innoviz Technologies Ltd. (NASDAQ: INVZ) announced its participation in several investor conferences. These include the Barclays Global Automotive and Mobility Tech Conference on November 30, 2022, the Goldman Sachs 14th Annual Global Automotive Conference on December 8, 2022, and the J.P. Morgan Tech/Auto Forum on January 5, 2023. Innoviz's management will engage with investors through discussions and meetings at these events.
Innoviz announced a significant milestone with a new customer acquisition in Asia, enhancing its global presence in the autonomous driving sector. This partnership brings on board another leading platform, positioning Innoviz to capitalize on the growing demand for autonomous vehicle technologies.
The expansion not only diversifies the company's market reach but also potentially increases its revenue streams as it aligns with the industry's rapid technological advancements.
Innoviz Technologies, a leader in LiDAR technology, is set to host its inaugural Global Distributor Summit from November 14-17, 2022, at its new headquarters in Israel. This event aims to enhance the production of InnovizOne, a high-performance LiDAR sensor, to meet the growing demand from both automotive and non-automotive sectors. Participants from regions including Europe, North America, Japan, Taiwan, and Korea will engage in strategic sessions to promote InnovizOne's integration into various applications.