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Arbe Robotics Ltd. (NASDAQ: ARBE) is at the forefront of revolutionizing automotive safety through advanced radar technology. As a global leader in Perception Radar Solutions, Arbe develops high-resolution radar systems that enable cars to perceive their environment accurately in all weather and lighting conditions. The company's proprietary 4D Imaging Radar solutions are crucial for modern driver-assist systems and pave the way for fully autonomous driving.
Arbe's cutting-edge radar technology is built upon its proprietary chipsets, which include a combination of transmitter, receiver, and processor chips. These components deliver unparalleled performance while maintaining low costs, minimal size, and efficient power consumption. The company has successfully introduced the production version of its Radar Processor, which is the most powerful in the market, handling data rates up to 28.8 Gbps and processing up to 3Tbps. This processor offers real-time processing capabilities, enhancing the safety and reliability of ADAS systems.
The company operates in key markets including the USA, China, Germany, and Israel. Recently, Arbe has announced several significant milestones, such as the mass production of its radar technology with Tier-1 supplier HiRain Technologies in China and the establishment of a new office in Shanghai to better serve the local market.
Despite challenges, such as geopolitical tensions and market fluctuations, Arbe continues to advance its technology and expand its market presence. The company has maintained a strong financial position, with significant cash reserves and no debt, and has attracted substantial investor interest, as evidenced by the oversubscription of its recent convertible debt offering.
Arbe is not just limited to the automotive sector; its radar solutions are also being adopted for non-automotive applications, broadening its market reach. The company's technology is designed to meet stringent safety standards, making it an integral part of future autonomous and driver-assist systems.
For those interested in joining a pioneering team, Arbe is actively hiring. Visit Arbe Careers to explore open positions.
TEL AVIV, Israel, Sept. 22, 2022 – Arbe Robotics (Nasdaq: ARBE), a leader in 4D Imaging Radar solutions, announces CEO Kobi Marenko and CFO Karine Pinto-Flomenboim will speak at the UBS Future of Electric Mobility Virtual Conference on October 3. The company will also host one-on-one investor meetings, available by contacting UBS sales representatives. Arbe is revolutionizing sensing technology for autonomous driving, with solutions providing detailed radar coverage. The automotive radar market is expected to reach $11 billion by 2025.
Arbe Robotics (NASDAQ: ARBE) announced a partnership with HiRain Technologies to deploy its perception radar chipset in autonomous trucks and automated guided vehicles (AGVs) at the Port of RiZhao, China. This collaboration aims to enhance autonomous driving capabilities, improving safety and reducing operational risks in dense port environments. The deployment is part of HiRain's larger initiative for mass production of autonomous driving solutions projected for 2023. The perception radar is noted for its ultra-high resolution and reliability under varying conditions, crucial for advancing safety in autonomous transport.
Arbe Robotics, a leader in next-generation 4D Imaging Radar, will present at the Jefferies Israel Tech Trek 2022 on September 21, in Tel Aviv. CEO Kobi Marenko and CFO Karine Pinto-Flomenboim will attend the event, which includes one-on-one investor meetings. Interested parties should contact their Jefferies salesperson for scheduling. Arbe's innovative solutions offer significant advancements in automotive radar technology, projected to encompass an $11 billion market by 2025. For further details, visit Arbe’s events page.
Arbe, a leader in 4D Imaging Radar solutions, announces that Karine Pinto-Flomenboim, CFO, will participate in the Jefferies Semiconductors, IT Hardware & Communications Infrastructure Summit in Chicago on August 31. One-on-one investor meetings will be held during the event. Arbe is noted for its advanced sensing technology, which is essential for L2+ and higher autonomy vehicles, and is projected to tap into an $11 billion automotive radar market by 2025. For further details about the event, visit Arbe's events page.
Arbe Robotics Ltd. (Nasdaq: ARBE) reported Q2 2022 revenues of $1.2 million, up from $0.5 million in Q2 2021. The gross margin improved to 72.8% from 31.9% last year. Despite the growth in revenue, operating expenses rose to $13.0 million, leading to an operating loss of $12.1 million. Net loss increased to $11.6 million. Arbe expects full-year revenues of $7 million to $11 million and aims for $312 million by 2025. A long-term agreement with GlobalFoundries supports production capabilities. HiRain Technologies plans mass production of Arbe's chipset by 2023.
Arbe Robotics (NASDAQ: ARBE) will hold its Q2 2022 conference call on Aug. 16, 2022, at 8:30 a.m. ET, with an earnings release prior to market opening. CEO Kobi Marenko and CFO Karine Pinto-Flomenboim will speak during the call. Participants can join via telephone or a live webcast. Arbe is a leader in Perception Radar Solutions, addressing a projected $11 billion automotive radar market by 2025. The company is recognized for its advanced sensing technologies essential for autonomous driving, collaborating with Tier 1 suppliers and manufacturers worldwide.
Arbe Robotics (NASDAQ: ARBE), a leader in next-generation Imaging Radar solutions, announced that CEO Kobi Marenko will present at the J.P. Morgan Automotive Conference on August 9, 2022 in New York City. The presentation is set for 10:20 am ET and will be available via webcast on Arbe's Investor Relations website. Marenko will also engage in one-on-one investor meetings throughout the day. Arbe specializes in advanced sensing technology designed for driver-assist and autonomous vehicle systems, with a projected total addressable market of $11 billion by 2025.
Arbe Robotics has launched Lynx, a revolutionary surround imaging radar that delivers 360° high-resolution sensing at an affordable price. This radar processes 24x12 channels, outperforming industry standards and enhancing perception and sensor fusion for autonomous vehicles. Lynx is designed to work with Arbe's Phoenix Perception Radar, providing comprehensive sensor coverage. With the projected automotive radar market reaching $11 billion by 2025, this product positions Arbe for significant growth as the demand for advanced sensing increases.
Arbe Robotics Ltd. (Nasdaq: ARBE) announced a lock-up extension for shareholders holding 46,984,355 ordinary shares to 360 days after their merger with ITAC on October 7, 2021. This extension is contingent upon the stock reaching $9.00 per share for 20 out of 30 trading days. Additionally, another group of shareholders with 35,592,700 shares will not sell their shares until January 7, 2023, unless the share price reaches $12.00. The company emphasizes that these extensions reflect shareholder confidence in Arbe's long-term business potential.
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