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INVZ News
INVZ Events
Innoviz Partners with Top 10 Global OEM to Develop LiDAR Perception Stack
Innoviz Technologies announced the development of a LiDAR-based perception stack with a top 10 global automotive OEM. Under the collaboration, Innoviz will develop and validate a complete LiDAR-based perception stack for a highway operational design domain to explore potential for the OEM's future programs. The project includes Innoviz's InnovizTwo LiDAR solution and perception capabilities powered by NVIDIA hardware.
Innoviz Enters Agreement to Sell 66.67 Million Shares
Innoviz Technologies announced that it has entered into a definitive agreement with certain institutional investors, for the purchase and sale of an aggregate of 66,666,667 ordinary shares. The offering is expected to result in gross proceeds of approximately $30M, before deducting offering expenses. The closing of the offering is expected to occur on or about July 29, subject to the satisfaction of customary closing conditions. Titan Partners is acting as the sole placement agent for the offering.
Innoviz Technologies Launches Perciz Brand Focused on Defense
Innoviz Technologies announced the launch of Perciz, a dedicated brand focused on defense and homeland security applications. Utilizing the company's commercially available LiDAR sensors, already deployed in non-automotive applications, the new brand marks a strategic expansion of Innoviz's mission, bringing the company's expertise in advanced sensing, AI, and machine intelligence to address the growing challenges facing modern security and defense organizations.
Innoviz Partners with AeroNous to Integrate LiDAR Technology
Innoviz Technologies announced a collaboration to integrate Innoviz's LiDAR technology into AeroNous Solutions's open-architecture command-and-control platform for counter-UAS operations. AeroNous builds systems that unify sensors, effectors, and third-party data sources into a single operational picture for detecting, tracking, and responding to aerial threats, and the company identified continuous, precise drone localization as a critical capability for that picture. "Following an evaluation of available sensing technologies, AeroNous selected Innoviz's existing LiDAR products as the solution best suited to close that gap," the company said.
Innoviz Partners with Cogniteam for Advanced Counter-UAS System
Innoviz Technologies announced a partnership with Cogniteam in connection with advanced Counter-UAS, C-UAS, perception module. The integration between Innoviz's LiDAR solutions and Cogniteam's perception module is designed to enable system integrators and security solution providers to rapidly deploy highly accurate drone detection, localization, tracking, and classification systems.
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