Arbe to Host Investor and Analyst Meetings at CES 2023

Rhea-AI Summary

Arbe Robotics Ltd. (Nasdaq: ARBE) will showcase its innovative 360° Perception Solution at CES 2023 from January 5-8, 2023, in Las Vegas. This AI-based safety solution is designed for ADAS and autonomous driving. Arbe has been recognized as a CES 2023 Innovation Awards Honoree for its advanced radar technology. During the event, the company will host meetings with customers, analysts, and investors at Booth #4016, where attendees can experience test drives. The automotive radar market is projected to reach $11 billion by 2025, highlighting Arbe's growth potential.

TEL AVIV, Israel, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), the global leader in next-generation 4D Imaging Radar solutions, today announced that it will participate in CES 2023 on Thursday, January 5^th until Sunday, January 8^th, 2023 in Las Vegas. The company will host meetings with customers, analysts and investors and offer test drives during the entire event.

CES 2023 marks the debut of Arbe’s 360° Perception Solution, offering an AI-based safety solution for ADAS & autonomous driving. Earlier this year, Arbe was named as a CES® 2023 Innovation Awards Honoree for its 360° Radar-Based Perception, which won in the category of Vehicle Intelligence & Transportation.

We invite you to meet with us and witness the radar revolution at CES 2023. Analysts and Investors interested in scheduling a meeting with management should contact Miri Segal at msegal@ms-ir.com. Meetings will be held at Arbe’s Booth #4016 in the West Hall.

For more information regarding the event, please visit Arbe’s CES page here.

About Arbe

Arbe (Nasdaq: ARBE), a global leader in Perception Radar Chipset Solutions, is spearheading a radar revolution, enabling truly safe driver-assist systems today while paving the way to full autonomous-driving. Arbe’s imaging radar is 100 times more detailed than any other radar on the market and is a mandatory sensor for L2+ and higher autonomy. The company is empowering automakers, tier-1 suppliers, delivery robots, commercial and industrial vehicles, and a wide array of safety applications with advanced sensing and paradigm-changing perception. Arbe is a leader in the fast-growing automotive radar market that has a projected total addressable market of $11 billion in 2025. Arbe is based in Tel Aviv, Israel, and has an office in the United States.

Cautionary Note Regarding Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words “expect,” “believe,” “estimate,” “intend,” “plan,” “anticipate,” “project,” “may,” “should,” “strategy,” “future,” “will,” “project,” “potential” and similar expressions indicate forward-looking statements. 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. The presentations and meetings described in this press release as well as statements made at the CES Innovations Awards program will contain forward-looking statements. You should carefully consider risks such as the risks relating to the market for and incorporation of Arbe’s radar systems in autonomous vehicles, the development of safe autonomous vehicles that include Arbe’s radar systems, the ability of Arbe to deliver products that meet the quality and delivery requirements of automakers (OEM’s), tier-1 automotive suppliers and the abilility of the tier-1 suppliers and automakers to incorporate Arbe’s radar system in vehicles in a manner to enable the Arbe radar systems to function as intended, the effect of any present and future government regulations relating to autonomous vehicles as well the risk factors and uncertainties described in “Risk Factors,” “Management's Discussion and Analysis of Financial Condition and Results of Operations,” “Cautionary Note Regarding Forward-Looking Statements” in Arbe’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission, or SEC, on March 31, 2022 and in Arbe’s prospectus dated June 22, 2022, which was filed by Arbe with the SEC on June 23, 2022, and its prospectus dated July 11, 2022 which was filed with the SEC on July 19, 2022, as well as the other documents filed by Arbe with the SEC. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Arbe does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Information contained on, or that can be accessed through Arbe’s website, or any other website is expressly not incorporated by reference into and is not a part of this press release. 

FAQ

What will Arbe Robotics showcase at CES 2023?

Arbe Robotics will showcase its 360° Perception Solution, an AI-based safety solution for ADAS and autonomous driving at CES 2023.

When is CES 2023 where Arbe Robotics will participate?

CES 2023 takes place from January 5 to January 8, 2023.

Where can I meet Arbe Robotics at CES 2023?

You can meet Arbe Robotics at Booth #4016 in the West Hall during CES 2023.

What recognition did Arbe Robotics receive related to CES 2023?

Arbe Robotics was named a CES 2023 Innovation Awards Honoree for its 360° Radar-Based Perception.

What is the projected market for automotive radar by 2025?

The automotive radar market is projected to reach $11 billion by 2025.