- New Volkswagen ID. Buzz with InnovizTwo LiDAR to be
shown at Innoviz booth (#6252) and Mobileye booth (#4600)
- 2024 BMW i7 with InnovizOne LiDAR is now available for
order in Germany
TEL
AVIV, Israel , Jan. 8, 2024
/PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the
"Company" or "Innoviz"), a leading Tier-1 direct supplier of
high-performance, automotive grade LiDAR sensors and perception
software, today announced its participation in the Consumer
Electronics Show (CES) 2024, taking place January 9th – 12th in
Las Vegas, Nevada. Visitors can
experience the latest in LiDAR technology at the Innoviz booth,
located at LVCC, West Hall booth #6252, where the company
will present live demonstrations of its latest LiDAR technology,
offer a chance to meet with Innoviz management, and showcase the
BMW i7 and Volkswagen's ID. Buzz.
Autonomous Vehicles Powered by Innoviz
The BMW i7 and Volkswagen ID. Buzz will be on display at
Innoviz's booth offering attendees the opportunity to see vehicles
integrated with Innoviz's LiDAR solutions. The BMW i7
with level 3 autonomous driving capabilities enabled by the
InnovizOne LiDAR is now available to order in Germany with deliveries expected to begin
March 2024. The VW ID. Buzz is
the light commercial vehicle program Innoviz referred to in its
announcement in May 2023. VW and
Innoviz have been working on an accelerated path utilizing
InnovizTwo LiDAR for level 4 autonomous capabilities for this light
commercial vehicle.
"We are thrilled to showcase our technology and our partners
this year as we take great pride in the autonomous capabilities we
provide our OEM customers," said Omer Keilaf, Innoviz Co-Founder
and CEO. "Our partners are prioritizing safety by
choosing our LiDAR technology which allows vehicles to see what
humans and cameras cannot. It is our belief that our LiDAR ensures
unparalleled protection for passengers, pedestrians, and other
vehicles on the road. Together, we are building a safer future.
This CES, we are excited to offer attendees the opportunity to
experience our technology and our vision, designed to ensure
autonomous vehicles drive better than humanly possible."
Live Product Demonstration at the booth
Live demonstrations of Innoviz's LiDAR technology will be
offered to visitors at Innoviz's booth during show days. In
addition to its second-generation, InnovizTwo LiDAR sensor, Innoviz
will show a live demo of the Innoviz360, the most recent member of
the high-performance Innoviz LiDAR family. Innoviz360 offers an
improved performance and an innovative design that overcomes
existing spinning LiDAR barriers that are limited in performance,
expensive, and too large for most applications.
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 2024
The excitement of CES 2024 comes as Innoviz was recently named a
CES 2024 Innovation Awards Honoree for its InnovizCore all-new
Compute Module integrating AI, deep learning and computer
processing. Innoviz invites all attendees to visit at LVCC, West
Hall booth #6252 to experience the future of LiDAR technology.
For more information or to schedule a meeting with Innoviz at CES
2024, please contact us at ces@innoviz-tech.com.
About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a
Tier 1 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
+972 54 677 8100
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 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 9, 2023 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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