Innoviz Technologies, a prominent Tier-1 supplier of high-performance automotive-grade LiDAR sensors and perception software, has announced a significant collaboration with a major automotive OEM. This partnership aims to enhance the OEM's Level 4 vehicle capabilities by incorporating Innoviz's new short-range LiDARs into the OEM's autonomous driving platform. Innoviz expects this collaboration to culminate in a series production nomination in the near future, contingent upon finalizing commercial terms.
Innoviz's new short-range LiDAR is a notable addition to the InnovizTwo product platform, which includes the InnovizTwo Long-Range and InnovizTwo Slim. This short-range LiDAR offers high-resolution detection with an impressive over 90-degree vertical field of view, building on the established architecture of the InnovizTwo Long-Range design. It has been meticulously developed over the past six months to meet the stringent RFQ requirements of the OEM. Designed to cater to the needs of light commercial vehicles, shuttles, robotaxis, and trucks, the short-range LiDAR is set to play a crucial role in advancing the safety and performance of L4 autonomous vehicles.
The OEM plans to integrate multiple short-range LiDARs into each of its L4 autonomous vehicles, highlighting the importance of this partnership in delivering a safe and powerful autonomous driving experience. This integration marks a significant step forward in the L4 market, which is beginning to gain momentum. Innoviz's ability to provide a comprehensive set of solutions to meet the diverse needs of OEMs worldwide supports the acceleration of autonomous vehicle adoption across various sectors.
Omer Keilaf, CEO and Co-Founder of Innoviz Technologies, expressed his excitement about the collaboration. "This is an exciting moment for Innoviz as we collaborate with a major global OEM on a new product. As the L4 market is starting to ramp up, we are happy to be able to provide a complete set of solutions to meet the needs of OEMs worldwide and support the acceleration of AV adoption across all sectors."
Innoviz Technologies is recognized globally as a leader in LiDAR technology. As a Tier-1 supplier to leading automotive manufacturers, Innoviz is committed to advancing the future of safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software are designed to "see" better than a human driver, reducing the possibility of error and meeting the automotive industry's strictest expectations for performance and safety. With operations 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 applications.
This collaboration with a major OEM underscores Innoviz's dedication to pushing the boundaries of autonomous driving technology. By integrating cutting-edge LiDAR systems into L4 autonomous vehicles, Innoviz and its partner OEM are paving the way for safer and more efficient transportation solutions. As the industry continues to evolve, partnerships like this will be instrumental in driving the widespread adoption and success of autonomous vehicles.
