Innoviz Technologies Ltd. (INVZW)

Overview

Innoviz Technologies Ltd. stands at the forefront of the autonomous vehicle industry by designing, manufacturing, and marketing automotive-grade LiDAR sensors and perception software. These innovative solutions are engineered to facilitate safe autonomous driving on a mass scale through precise environment mapping and vehicle localization capabilities. Based in Rosh Haayin, Israel, Innoviz has successfully expanded its operational footprint across Europe, Asia Pacific, the Middle East, Africa, and North America. By targeting a diverse clientele that includes automakers, robotaxis, shuttles, trucks, and delivery companies, Innoviz strives to be the backbone of future mobility solutions. Distribution is managed via a direct sales organization coupled with strategic distribution channels, ensuring its cutting-edge products are widely accessible to partners pursuing autonomy in their vehicle fleets.

Products and Services

• InnovizOne - This solid-state LiDAR sensor is tailored to meet the rigorous demands of automakers and service providers in the autonomous vehicle industry, including robotaxis, shuttles, trucks, and delivery companies. InnovizOne is praised for its automotive-grade quality and its capability to be mass-produced, making it a pivotal element for companies aiming to scale their autonomous operations efficiently.
• InnovizTwo - As the next iteration of Innoviz's LiDAR technology, InnovizTwo advances the quest for complete autonomous driving by offering an enhanced automotive-grade LiDAR sensor. This product stands out with its adaptability across all levels of autonomous driving. Not only does it sustain the high standards of automotive-grade performance, but it also offers the flexibility of integrating the perception application directly into the LiDAR sensor, potentially simplifying the system architecture of autonomous vehicles.
• Perception Application - This proprietary software transforms the raw point cloud data collected by Innoviz's LiDAR sensors into comprehensive perception outputs. It acts as the critical interpretive layer that allows vehicles to understand and navigate their environment intelligently. The perception application is the linchpin in realizing the full potential of LiDAR by bridging the gap between data collection and autonomous decision-making.