Following the Company's recent agreement with
Mobileye, the Volkswagen ID. Buzz equipped with Innoviz
LiDARs, and the BMW i7 which is on the roads since March 2024 – will be on display at the Innoviz
Booth
TEL
AVIV, Israel, Dec. 17,
2024 /PRNewswire/ -- Innoviz Technologies Ltd.
(Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1
supplier of high-performance, automotive grade LiDAR sensors and
perception software, today announced its participation in the
Consumer Electronics Show (CES) 2025, taking place January 7th – 10th in
Las Vegas, Nevada. Visitors can
experience the latest in LiDAR technology at the Innoviz booth,
located at LVCC, West Hall booth #4216. The Company will
present live demonstrations of its latest LiDAR technology
including both short and long-range LiDARs, offer a chance to meet
with management, and showcase the BMW i7 and the Volkswagen ID.
Buzz equipped with Innoviz LiDARs.
"We're excited to return to CES and demonstrate how Innoviz is
pushing the boundaries of autonomous vehicle technology," said
Omer Keilaf, Co-Founder and CEO of Innoviz Technologies. "It
is our belief that by equipping vehicles with unmatched sensing and
perception capabilities, Innoviz empowers automotive OEMs to
prioritize safety and innovation. This year, we're proud to
showcase how our cutting-edge technology for both long and short
distances is shaping the future of mobility and redefining what's
possible for autonomous vehicles."
Autonomous Vehicles Powered by Innoviz
The BMW i7 and Volkswagen ID. Buzz will be on display at
Innoviz's booth. Attendees will have the opportunity to see these
vehicles integrated with the Company's LiDAR solutions: the BMW
i7 with L3 autonomous driving capabilities enabled by the
InnovizOne LiDAR, and the VW ID. Buzz, a L4 light commercial
vehicle equipped with InnovizTwo LiDARs which are critical to
enabling the sensing capabilities for navigating complex urban
environments.
Mobileye and Innoviz have recently partnered to integrate
Innoviz LiDARs into the Mobileye Drive™ autonomous vehicle
platform, following the companies' mutual work together. The
Mobileye Drive™ platform for L4 autonomous systems has been adopted
by leading automakers, including Volkswagen Commercial Vehicles,
Schaeffler / VDL, Holon, Verne, and are expected to be adopted by
other customers.
Live Product Demonstrations at the Booth
Live demonstrations of Innoviz's LiDAR technology will be
offered to visitors at Innoviz's booth during show days, including
the new InnovizTwo Short-Range LiDAR, which leverages InnovizTwo's
industrialization maturity and is designed to meet the requirements
for light commercial vehicles, shuttles, robotaxis, and trucks.
Test Driving the Future of Autonomy
Pre-scheduled test drives of Innoviz's LiDAR technology will
showcase the real-world performance and safety enhancements
provided by Innoviz in automotive applications. Attendees can
experience Innoviz's prime detection and imaging capabilities and
will get a firsthand look at how Innoviz's cutting-edge technology
is shaping the future of autonomous driving and other
solutions.
Meet the Innoviz Management Team
CES attendees will have the opportunity to meet with Innoviz's
top executives and management team and receive insights into
Innoviz's vision, upcoming projects, and their role in advancing
LiDAR technology across industries.
Join Us at CES 2025
Innoviz invites all attendees to visit LVCC, West Hall booth
#4216 to experience the future of LiDAR technology. For more
information or to schedule a meeting with Innoviz at CES 2025,
please contact us at ces@innoviz-tech.com.
About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a
Tier1 supplier to the world's leading automotive manufacturers and
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
Media Contact
Media@innoviz-tech.com
Investor Contact
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements
within the meaning of the federal securities laws, including
statements regarding the services offered by Innoviz, the
anticipated technological capability of Innoviz's products, the
markets in which Innoviz operates, future series production
nominations, and Innoviz's projected future results. These
forward-looking statements generally are identified by the words
"believe," "project," "expect," "anticipate," "estimate," "intend,"
"strategy," "future," "opportunity," "plan," "may," "should,"
"will," "would," "will be," "will continue," "will likely result,"
and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this announcement including but not
limited to, the ability to implement business plans, forecasts, and
other expectations, the ability to convert design wins into
definitive orders and the magnitude of such orders, the ability to
identify and realize additional opportunities, potential changes
and developments in the highly competitive LiDAR technology and
related industries, and our expectations regarding the
impact of the evolving conflict in Israel to our ongoing operations. The
foregoing list is not exhaustive. You should carefully consider
such risk and the other risks and uncertainties described in
Innoviz's annual report on Form 20-F filed with the SEC on
March 12, 2024 and other documents
filed by Innoviz from time to time with the SEC. These filings
identify and address other important risks and uncertainties that
could cause actual events and results to differ materially from
those contained in the forward-looking statements. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and Innoviz assumes no obligation and does not intend to update or
revise these forward-looking statements, whether as a result of new
information, future events, or otherwise. Innoviz gives no
assurance that it will achieve its expectations.
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