Welcome to our dedicated page for Innoviz Technologies news (Ticker: INVZ), a resource for investors and traders seeking the latest updates and insights on Innoviz Technologies stock.
Innoviz Technologies (INVZ) provides cutting-edge LiDAR solutions powering autonomous vehicles and industrial automation systems worldwide. This news hub offers investors and industry professionals direct access to official corporate announcements and verified market developments.
Track all essential updates through curated press releases covering product launches, strategic partnerships, financial results, and technological breakthroughs. Our aggregation ensures you never miss critical information about INVZ's solid-state sensor innovations or expansion into new markets like robotics and smart infrastructure.
Key content categories include quarterly earnings disclosures, executive leadership updates, automotive OEM collaborations, and R&D milestones. Bookmark this page for streamlined monitoring of INVZ's progress in advancing perception systems for safer autonomous navigation across transportation and industrial sectors.
Innoviz Technologies (NASDAQ: INVZ) has expanded its collaboration with Volkswagen Autonomous Mobility to accelerate the integration of InnovizTwo LiDAR units into VW's ID. Buzz AD autonomous shuttles. Each vehicle will be equipped with nine InnovizTwo LiDAR units, providing 360° sensing coverage for Level 4 autonomous driving. The fleet deployment is scheduled to begin in 2026 across multiple European and U.S. cities under VW's MOIA brand.
The collaboration involves both Long-Range and Short- to Mid-Range LiDAR systems, supported by Innoviz's partnership with Fabrinet for mass production. Production is set to start in 2025, aligning with various commercialization plans.
Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, has expanded its Non-Recurring Engineering (NRE) payment plan with key customers. The plan's total value has increased to approximately $95 million from $80 million, with payments expected between 2025 and 2027.
The expanded NRE payments, which are additional to regular product revenue, stem from development activities Innoviz performs for existing customers. The company has also partnered with Fabrinet (NYSE: FN) to launch mass production of the InnovizTwo LiDAR platform, preparing for multiple project Start of Production (SOP) dates in 2026.
Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive-grade LiDAR sensors and perception software, has scheduled its Q1 2025 earnings conference call for Wednesday, May 14, 2025, at 9:00 a.m. ET. The company will release its financial results for the quarter ended March 31, 2025, before market opening on the same day.
The conference call will include a presentation of operational and financial results, followed by a Q&A session for investors. Interested participants must register in advance through the provided link. A replay of the webinar will be available in the Investors section of Innoviz's website for 90 days after the call.
Innoviz Technologies (NASDAQ: INVZ) has announced a strategic partnership with Fabrinet (NYSE: FN) for manufacturing the InnovizTwo LiDAR platform. The partnership covers both InnovizTwo Long-Range and Short- to Mid-Range LiDAR solutions.
Fabrinet's facility has successfully passed rigorous audits by several global leading automotive OEMs under the German automotive VDA 6.3 standard. The collaboration aims to enable Innoviz to scale production efficiently and cost-effectively while maintaining automotive-grade standards.
Under the agreement, Fabrinet will provide end-to-end manufacturing services, leveraging their global manufacturing footprint across the United States and Asia. This partnership allows Innoviz to focus on designing cutting-edge LiDAR technology while benefiting from Fabrinet's manufacturing expertise to deliver high-performance products in volume at competitive price points.
Innoviz Technologies (Nasdaq: INVZ), a Tier-1 supplier of automotive LiDAR sensors and perception software, has received a non-compliance notice from Nasdaq on March 26, 2025. The notification indicates that INVZ has failed to maintain a minimum bid price of $1.00 per share for the past 30 consecutive business days.
The company has been granted a 180-day grace period until September 22, 2025 to regain compliance. If the closing bid price reaches $1.00 or higher for at least ten consecutive trading days during this period, compliance will be restored. Should INVZ fail to meet this requirement, they may be eligible for an additional 180-day grace period if they meet all other listing standards.
Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, reported its Q4 and FY2024 results with revenues of $24.3M in 2024, up from $20.9M in 2023. The company secured significant developments including:
- An $80M NRE payments plan with key customers
- Integration into Mobileye Drive™ platform with 9 InnovizTwo LiDARs per vehicle
- Partnership with NVIDIA's Hyperion 8 platform
- $40M raised through registered direct offering
- Operational optimization targeting $12M annual savings
The company projects 2025 revenue guidance of $50-60M and aims for program SOPs in 2026 with volume production in 2027. Operating expenses decreased 17% to $100.8M in 2024, with liquidity of $68M as of December 31, 2024.
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