Thursday, January 05, 2023 4:24:46 PM
January 05 2023
https://ih.advfn.com/stock-market/NASDAQ/innoviz-technologies-INVZ/stock-news/89916907/innoviz-technologies-to-unveil-breakthrough-innovi
Highlights
- Innoviz360, for automotive and non-automotive applications, offers huge performance in a tiny package
- Innoviz360 is designed for autonomous vehicles, trucks, shuttles, and non-automotive applications, including heavy machinery, smart cities, logistics, construction, and maritime
- Innoviz360 features a revolutionary 360° scanning design with maximum 64° vertical FOV and 300m range
- Just one year after its announcement, the revolutionary Innoviz360 will be demonstrated at the Consumer Electronics Show (CES) in Las Vegas, Nevada, January 5-8, 2023
TEL AVIV, Israel, Jan. 5, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a technology leader of high-performance LiDAR sensors and perception software, today unveiled Innoviz360, the newest member of the high-performance Innoviz LiDAR family. Innoviz360 offers an improved performance with substantial cost reduction. The Innoviz360 innovative design is based on a new approach that overcomes existing spinning LiDAR barriers that are limited in performance, expensive, and too large for most applications.
Innoviz360 – huge performance in a tiny package
The new, lightweight, Innoviz360 LiDAR features up to 1280 scanning lines per frame, configurable frame rate, 0.05°x 0.05° resolution, and 300-meters of range. The Innooviz360 design leverages many hardware advances from InnovizTwo, including a single laser, detector and ASIC, and will benefit from the economic of scale of InnovizTwo.
Innoviz360's high resolution, high vertical field of view and reduced cost will help overcome major challenges for original equipment manufacturers (OEMs) looking to achieve Level 4-5 automation in applications such as robotaxis, shuttles, trucks, and delivery vehicles. It also enables autonomy in non-automotive applications, such as heavy machinery, smart cities, logistics, construction, maritime, and more.
"Innoviz continues to show its commitment to break through meaningful technology barriers that allow safety in mobility," said Omer Keilaf, Co-Founder and CEO of Innoviz. "The Innoviz360 adds another dimension to the company's growth by enabling Innoviz to become a one-stop shop for all types of LiDAR solutions"
"It comes as no surprise that Innoviz, which is already a key player in the automotive LiDAR market, has entered the 360 degree spinning LiDAR market," said Mark Fitzgerald, Director, Autonomous Vehicle Service at Strategy Analytics – Powered by TechInsights. "There is a market need for better-performing, lower-cost spinning LiDAR sensors, and the early specs for Innoviz360 are strong compared to other similar offerings."
Innoviz Product Demonstrations at CES 2023:
Innoviz will demonstrate its suite of LiDAR products at the upcoming CES® in Las Vegas, Nevada, from January 5-8, 2023. This will be the first opportunity for the public to view Innoviz360's performance. The company will also demonstrate the InnovizTwo LiDAR sensor on the show floor at booth #6553, as well as partners' use-cases integrating the company's first-generation InnovizOne LiDAR sensor. More on the partner activity at Innoviz booth can be found here.
To book a demo of Innoviz LiDAR sensors, please email: CES@innoviz-tech.com.
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com.
Join the discussion: Facebook, LinkedIn, YouTube, Twitter.
Recent INVZ News
- Innoviz Sets Second Quarter 2024 Conference Call for Wednesday, August 7 at 9:00 a.m. ET • PR Newswire (US) • 07/17/2024 01:00:00 PM
- Innoviz Technologies and Major OEM Collaborate on New Short-Range LiDAR for L4 Autonomous Vehicles • PR Newswire (US) • 06/26/2024 12:00:00 PM
- Innoviz Technologies Releases its First Impact Report • PR Newswire (US) • 06/25/2024 12:00:00 PM
- Innoviz Collaborating with Ecomotion Community to Host the Annual Assembly • PR Newswire (US) • 05/28/2024 12:00:00 PM
- Innoviz Technologies Ltd. Sued for Securities Law Violations - Contact The Gross Law Firm Before May 14, 2024 to Discuss Your Rights - INVZ • PR Newswire (US) • 05/14/2024 09:45:00 AM
- Innoviz Reports First-Quarter 2024 Results, Exceeds Revenue Guidance for Second Consecutive Quarter and Expands Key Partner and Customer Relationships • PR Newswire (US) • 05/08/2024 11:00:00 AM
- The Gross Law Firm Notifies Innoviz Technologies Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline - INVZ • PR Newswire (US) • 05/07/2024 09:45:00 AM
- Innoviz Technologies Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 14, 2024 to Discuss Your Rights - INVZ • PR Newswire (US) • 05/03/2024 05:17:00 PM
- Shareholders that lost money on Innoviz Technologies Ltd.(INVZ) Urged to Join Class Action - Contact The Gross Law Firm to Learn More • PR Newswire (US) • 04/26/2024 09:45:00 AM
- Shareholders that lost money on Innoviz Technologies Ltd. (INVZ) Urged to Join Class Action - Contact The Gross Law Firm to Learn More • PR Newswire (US) • 04/26/2024 09:45:00 AM
- The Gross Law Firm Reminds Innoviz Technologies Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 14, 2024 - INVZ • PR Newswire (US) • 04/19/2024 10:05:00 AM
- Innoviz Reaches a Key Milestone with Successful Winter Test of InnovizTwo LiDAR and AI-Powered Perception Software, Showcasing Significant Progress and New Opportunities • PR Newswire (US) • 04/18/2024 01:01:00 PM
- Innoviz Sets First Quarter 2024 Conference Call for Wednesday, May 8 at 9:00 a.m. ET • PR Newswire (US) • 04/17/2024 01:00:00 PM
- Contact The Gross Law Firm by May 14, 2024 Deadline to Join Class Action Against Innoviz Technologies Ltd. (INVZ) • PR Newswire (US) • 04/16/2024 09:55:00 AM
- Investors in Innoviz Technologies Ltd. Should Contact The Gross Law Firm Before May 14, 2024 to Discuss Your Rights - INVZ • PR Newswire (US) • 04/12/2024 09:45:00 AM
- May 14, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against INVZ • PR Newswire (US) • 04/09/2024 10:15:00 AM
- Class Action Filed Against Innoviz Technologies Ltd. (INVZ) Seeking Recovery for Investors - Contact The Gross Law Firm • PR Newswire (US) • 04/05/2024 09:45:00 AM
- The Gross Law Firm Reminds Innoviz Technologies Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 14, 2024 - INVZ • PR Newswire (US) • 04/02/2024 09:45:00 AM
- Innoviz Technologies Ltd. Class Action: The Gross Law Firm Reminds Innoviz Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 14, 2024 - INVZ • PR Newswire (US) • 03/29/2024 09:45:00 AM
- The Gross Law Firm Notifies Shareholders of Innoviz Technologies Ltd.(INVZ) of a Class Action Lawsuit and an Upcoming Deadline • PR Newswire (US) • 03/26/2024 09:45:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/28/2024 09:08:32 PM
- Innoviz Reports Fourth Quarter and Full Year 2023 Results, Exceeding Revenue Guidance • PR Newswire (US) • 02/28/2024 12:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 11:13:44 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 02:49:43 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/12/2024 08:36:33 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM