Israel-based supplier of automotive-grade lidar sensors and perception software Innoviz Technologies has received a purchase order for several hundred units from a commercial vehicle OEM for its InnovizTwo lidar as part of advanced discussions for a new series production award. Innoviz will begin to deliver the products to the customer beginning Q2 2023.
“We are extremely pleased to be selected by a commercial vehicle OEM to power its fleet with our industry leading lidar,” said Omer Keilaf, CEO and co-founder, Innoviz. “As a result of our team’s hard work, we have significantly improved InnovizTwo manufacturing yields and output, allowing us to deliver higher targeted volumes at a faster pace. The fact that the increased product availability was quickly met with a large customer purchase order highlights the strong demand for our InnovizTwo product.”
At present, Innoviz has four series production awards, including major automotive platforms with Volkswagen, BMW, and an electric vehicle OEM from Asia, in addition to a Level 4 autonomous shuttle program with a Tier 1 automotive supplier.