Innoviz Debuts Industry-First LiDAR-Based Bridge Collision Detection System with Drive Group, Israeli Highway Operator
- Innoviz's solution potentially reduces bridge and tunnel collisions globally, which could save lives, prevent costly infrastructure damage, and mitigate severe traffic congestion.
- Drive Group operates and manages major highways and toll roads throughout
Israel . - This collaboration marks ongoing momentum for Innoviz in Smart City and connected infrastructure applications worldwide.
Development of the Innoviz Bridge Collision Detection solution evolved from substantially testing other on-and off-highway solutions that Innoviz is commercializing, in conjunction with customers looking for LiDAR-based, technology-driven solutions to distinctive problems.
Innoviz's Bridge Collision Detection solution uses data gathered from Innoviz LiDAR sensors from both sides of a highway, several kilometers ahead of the entrance to a bridge or tunnel. This system establishes a safe operating zone and identifies vehicles with heights or widths exceeding predefined ranges determined by the road operator. System alerts can trigger a camera to identify and share license plate information with local authorities, who can intervene and stop the vehicle to prevent potential collisions. As intelligent transportation systems advance, these types of solutions can be used to send wireless communications directly to a hazardous vehicle for increasingly seamless intervention.
Innoviz's solution shows potential in significantly reducing false alarms from camera–based software systems currently on the market that create 3D maps of the world based on 2D images. Using a LiDAR-based system, Innoviz offers its customers a truer, more accurate 3D visualization of a vehicle's dimensions.
"There is no reason to accept the present situation of bridge and tunnel accidents. It is estimated that 2
Drive Group, a leading operator of highways and toll roads throughout
"When it comes to road safety, we at Drive Group are committed to finding the most effective, safe and advanced technological solutions out there, said Itamar Ben Meir, CEO of Drive Group. "We are very impressed by the technology developed at Innoviz and its potential to help reduce road accidents, and we are excited that we found a potentially world-leading solution right here in
On average, 15,000 bridge and tunnel collisions occur in
To learn more about Innoviz LiDAR for Bridge Collision Detection, please contact: sales@innoviz-tech.com
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the margin of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Media Contact
Media@innoviz-tech.com
Investor Contact (US)
Rob Moffatt
VP, Corporate Development & IR
Innoviz Technologies
+1 (203) 665-8644
Investors@innoviz-tech.com
Investor Contact (
Maya Lustig
Director, Investor Relations
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. 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. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list is not exhaustive. You should carefully consider such risk and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on March 9, 2023 and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
Video - https://www.youtube.com/watch?v=Pw_5gmRlmMw
Logo - https://mma.prnewswire.com/media/1496323/4084212/Innoviz_Technologies_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/innoviz-debuts-industry-first-lidar-based-bridge-collision-detection-system-with-drive-group-israeli-highway-operator-301849420.html
SOURCE Innoviz Technologies
