Welcome to our dedicated page for Arbe Robotics Ltd. Ordinary Shares news (Ticker: ARBE), a resource for investors and traders seeking the latest updates and insights on Arbe Robotics Ltd. Ordinary Shares stock.
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.
Arbe Robotics Ltd. (Nasdaq: ARBE) reported a Q3 2022 revenue of $1.3 million, up from $0.6 million in Q3 2021. The gross margin improved to 72.5%, a surge from 30.3% year-over-year. The company secured a major order of 340,000 radar chipsets from HiRain Technologies for 2023 and 2024 and has been chosen by Veoneer for next-generation radar solutions. However, operating expenses rose to $11.8 million, leading to a net loss of $9.9 million. Arbe revised its 2022 revenue outlook to $4 million to $7 million from a previous range of $7 million to $11 million.
Arbe Robotics (Nasdaq: ARBE) is set to participate in key upcoming investor conferences. CEO Kobi Marenko will attend the 11th Annual Roth Technology Event on November 16 in New York City, and the Wells Fargo 6th Annual TMT Summit on November 29 in Las Vegas, showcasing the company’s leadership in advanced 4D Imaging Radar solutions. Investors can access live webcasts through Arbe’s Investor Relations website. The firm is pioneering innovations in automotive radar with a projected market growth to $11 billion by 2025.
TEL AVIV, Israel, Oct. 25, 2022 – Arbe Robotics (Nasdaq: ARBE) will report its Q3 2022 financial results before the market opens on November 14, 2022. A live webcast discussing these results will occur at 8:30 a.m. ET on the same day, featuring Co-Founder and CEO Kobi Marenko, and CFO Karine Pinto-Flomenboim. Arbe, known for its advanced perception radar solutions, is a leader in the automotive radar market, with a projected addressable market of $11 billion by 2025.
Arbe Robotics (Nasdaq: ARBE) has been selected by Veoneer, a leading active safety tier-1 supplier, to provide its chipset solution for next-generation automotive radars. This partnership aims to develop advanced radar systems for enhanced vehicle safety and autonomy, with pre-production expected by mid-2023. Arbe's imaging radar technology is 100 times more detailed than existing solutions, positioning the company in a growing market projected to reach $11 billion by 2025. The collaboration underlines Arbe's capabilities in delivering cutting-edge sensor technologies for the automotive sector.
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.
FAQ
What is the current stock price of Arbe Robotics Ltd. Ordinary Shares (ARBE)?
What is the market cap of Arbe Robotics Ltd. Ordinary Shares (ARBE)?
What does Arbe Robotics Ltd. specialize in?
What is unique about Arbe's radar technology?
What are some recent achievements of Arbe Robotics?
How is Arbe Robotics expanding its market presence?
Does Arbe Robotics operate outside the automotive sector?
What financial condition is Arbe Robotics in?
What makes Arbe's Radar Processor stand out?
How does Arbe contribute to automotive safety?
Is Arbe Robotics hiring?
Where can I find more information about Arbe Robotics' technology?
