Innoviz enters into a brand new settlement with a number one autonomous driving expertise firm to judge the event of enhanced on-sensor notion software program
TEL AVIV, Israel, Might 13, 2026 /PRNewswire/ — Innoviz Technologies Ltd. (NASDAQ: INVZ) (the “Firm” or “Innoviz”), a number one provider of high-performance, automotive-grade LiDAR sensor platforms, right now introduced a brand new software program growth settlement with a number one autonomous driving expertise firm. Below the settlement, the events will consider on-sensor LiDAR notion capabilities for the InnovizTwo LiDAR platform and ship a growth plan. The collaboration extends Innoviz’s LiDAR embedded software program to doubtlessly deepen Innoviz’s position throughout the current LiDAR provide relationship.
As autonomous car applications advance towards collection manufacturing, OEMs require that notion capabilities lengthen past the central compute stack and execute straight on the sensor itself. This on-sensor method is designed to ship standardized, safety-critical outputs that function independently of the car’s broader processing structure, a design consideration for probably the most demanding autonomous functions. The settlement engages Innoviz to judge these capabilities natively throughout the LiDAR it supplies, producing further notion capabilities that will combine straight into the associate’s autonomous car structure.
“Being chosen to judge notion software program on high of an current LiDAR provide position is a powerful sign that what now we have constructed is being acknowledged throughout the complete autonomy stack,” mentioned Omer Keilaf, CEO and Founding father of Innoviz Applied sciences. “That is Bodily AI in observe, with intelligence that lives within the sensor itself, appearing on the true world in actual time. The truth that a number one autonomous driving program has chosen Innoviz for each the {hardware} and the analysis for growth of embedded notion displays the boldness the trade is inserting in our expertise, and we’re proud to be contributing to the way forward for autonomous automobiles at this degree.”
About Innoviz
Innoviz is a number one supplier of LiDAR expertise, serving as a Tier 1 provider to the world’s main automotive producers and dealing in the direction of a future with secure autonomous automobiles on the world’s roads.
Innoviz’s LiDAR and notion software program “see” higher than a human driver and cut back the opportunity of error, assembly the automotive trade’s strictest expectations for efficiency and security. Innoviz’s LiDAR sensors are designed to ship distinctive vary, decision, and reliability, offering correct 3D sensing in harsh climate situations. Working throughout the U.S., Europe, and Asia, Innoviz designs options for automotive OEMs, system integrators, municipalities, industrial enterprises, and different use circumstances worldwide. InnovizSMART is an off-the-shelf resolution for safety, protection and homeland safety, clever visitors administration, mobility, robotics, and aerial functions.
For extra info, go to innoviz.tech.
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Ahead Wanting Assertion
This announcement incorporates sure forward-looking statements throughout the which means of the federal securities legal guidelines, together with statements concerning the merchandise and options provided by Innoviz, the anticipated technological functionality of Innoviz’s merchandise, together with efficiency below numerous environmental and operational situations, the markets wherein Innoviz operates, and Innoviz’s projected future operational and monetary outcomes. These forward-looking statements usually are recognized by the phrases “imagine,” “mission,” “anticipate,” “anticipate,” “estimate,” “intend,” “design(ed),” “technique,” “future,” “alternative,” “plan,” “might,” “ought to,” “will,” “would,” “shall be,” “will proceed,” “will doubtless end result,” and related expressions.
Ahead-looking statements are predictions, projections and different statements about future occasions which can be based mostly on present expectations and assumptions and, because of this, are topic to dangers and uncertainties.
Many elements may trigger precise future occasions to vary materially from the forward-looking statements on this announcement, together with however not restricted to, the power to implement enterprise plans, forecasts, and different expectations, the power to realize broader market adoption of Innoviz’s merchandise and options, the power to determine and understand further alternatives, potential modifications and developments within the extremely aggressive LiDAR expertise and associated industries, the power to take care of and scale preliminary deployments into long-term industrial relationships, the power of analysis engagements to advance to subsequent phases or end in definitive growth, integration, or provide preparations, the power of technical evaluations to fulfill relevant specs or efficiency thresholds, and Innoviz’s expectations concerning the impression of geopolitical developments within the Center East together with the evolving battle in Israel on its ongoing operations. The foregoing record isn’t exhaustive. You must rigorously think about such dangers and the opposite dangers and uncertainties described in Innoviz’s annual report on Type 20-F for the yr ended December 31, 2025 filed with the U.S. Securities and Trade Fee (“SEC”) on March 4, 2026, and in different paperwork filed by Innoviz occasionally with the SEC. These filings determine and handle different vital dangers and uncertainties that might trigger precise occasions and outcomes to vary materially from these contained within the forward-looking statements. Ahead-looking statements communicate solely as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and Innoviz assumes no obligation and doesn’t intend to replace or revise these forward-looking statements, whether or not on account of new info, future occasions, or in any other case. Innoviz provides no assurance that it’s going to obtain its expectations. The settlement described on this announcement covers an preliminary analysis part, and any subsequent part is topic to a separate written settlement. There might be no assurances that the events will proceed past the analysis part, or that the analysis will end in any additional growth, integration, or industrial association.
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