Innoviz Technologies Partners with Fabrinet to Launch InnovizTwo Mass Production
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) ha annunciato una partnership strategica con Fabrinet (NYSE: FN) per la produzione della piattaforma LiDAR InnovizTwo. La collaborazione riguarda sia le soluzioni LiDAR InnovizTwo a lunga distanza che quelle a corto e medio raggio.
Lo stabilimento di Fabrinet ha superato con successo rigorosi audit condotti da diversi importanti OEM automobilistici globali secondo lo standard tedesco VDA 6.3. L’obiettivo della collaborazione è permettere a Innoviz di aumentare la produzione in modo efficiente e conveniente, mantenendo al contempo standard di qualità automotive.
Secondo l’accordo, Fabrinet fornirà servizi di produzione end-to-end, sfruttando la propria presenza produttiva globale negli Stati Uniti e in Asia. Questa partnership consente a Innoviz di concentrarsi sulla progettazione di tecnologie LiDAR all’avanguardia, beneficiando dell’esperienza manifatturiera di Fabrinet per offrire prodotti ad alte prestazioni in grandi volumi e a prezzi competitivi.
Innoviz Technologies (NASDAQ: INVZ) ha anunciado una alianza estratégica con Fabrinet (NYSE: FN) para la fabricación de la plataforma LiDAR InnovizTwo. La asociación abarca tanto las soluciones LiDAR InnovizTwo de largo alcance como las de corto y medio alcance.
La planta de Fabrinet ha superado con éxito auditorías rigurosas realizadas por varios fabricantes de automóviles líderes a nivel mundial bajo el estándar alemán VDA 6.3. La colaboración tiene como objetivo permitir que Innoviz escale la producción de manera eficiente y rentable, manteniendo estándares de calidad automotriz.
Según el acuerdo, Fabrinet proporcionará servicios de fabricación integrales, aprovechando su presencia global en Estados Unidos y Asia. Esta alianza permite a Innoviz centrarse en el diseño de tecnología LiDAR de vanguardia, beneficiándose de la experiencia manufacturera de Fabrinet para entregar productos de alto rendimiento en volumen y a precios competitivos.
Innoviz Technologies (NASDAQ: INVZ)는 Fabrinet (NYSE: FN)과 InnovizTwo LiDAR 플랫폼 제조를 위한 전략적 파트너십을 발표했습니다. 이 파트너십은 InnovizTwo 장거리 및 단·중거리 LiDAR 솔루션 모두를 포함합니다.
Fabrinet의 공장은 독일 자동차 VDA 6.3 표준에 따라 여러 글로벌 주요 자동차 OEM의 엄격한 감사를 성공적으로 통과했습니다. 이번 협력은 Innoviz가 자동차 등급의 품질을 유지하면서 효율적이고 비용 효과적으로 생산 규모를 확장할 수 있도록 하는 것을 목표로 합니다.
계약에 따라 Fabrinet은 미국과 아시아 전역에 걸친 글로벌 제조 인프라를 활용하여 엔드 투 엔드 제조 서비스를 제공합니다. 이 파트너십을 통해 Innoviz는 최첨단 LiDAR 기술 설계에 집중하고, Fabrinet의 제조 전문성을 바탕으로 경쟁력 있는 가격에 고성능 제품을 대량으로 공급할 수 있게 됩니다.
Innoviz Technologies (NASDAQ : INVZ) a annoncé un partenariat stratégique avec Fabrinet (NYSE : FN) pour la fabrication de la plateforme LiDAR InnovizTwo. Ce partenariat couvre les solutions LiDAR InnovizTwo à longue portée ainsi que celles à courte et moyenne portée.
L’usine de Fabrinet a réussi avec succès plusieurs audits rigoureux réalisés par plusieurs constructeurs automobiles mondiaux de premier plan selon la norme allemande VDA 6.3. Cette collaboration vise à permettre à Innoviz d’augmenter sa production de manière efficace et rentable tout en maintenant des standards de qualité automobile.
Dans le cadre de cet accord, Fabrinet fournira des services de fabrication de bout en bout, en tirant parti de son implantation mondiale aux États-Unis et en Asie. Ce partenariat permet à Innoviz de se concentrer sur la conception de technologies LiDAR de pointe tout en bénéficiant de l’expertise manufacturière de Fabrinet pour livrer des produits performants en volume à des prix compétitifs.
Innoviz Technologies (NASDAQ: INVZ) hat eine strategische Partnerschaft mit Fabrinet (NYSE: FN) zur Herstellung der InnovizTwo LiDAR-Plattform bekannt gegeben. Die Partnerschaft umfasst sowohl die InnovizTwo Long-Range als auch die Short- bis Mid-Range LiDAR-Lösungen.
Die Fabrinet-Anlage hat mehrere strenge Audits führender globaler Automobilhersteller nach dem deutschen Automobilstandard VDA 6.3 erfolgreich bestanden. Die Zusammenarbeit zielt darauf ab, Innoviz eine effiziente und kostengünstige Skalierung der Produktion bei gleichzeitiger Einhaltung von Automobilstandards zu ermöglichen.
Im Rahmen der Vereinbarung wird Fabrinet End-to-End-Fertigungsdienstleistungen anbieten und dabei seine globale Fertigungspräsenz in den USA und Asien nutzen. Diese Partnerschaft ermöglicht es Innoviz, sich auf die Entwicklung modernster LiDAR-Technologie zu konzentrieren und gleichzeitig von Fabrinets Fertigungskompetenz zu profitieren, um leistungsstarke Produkte in großen Stückzahlen zu wettbewerbsfähigen Preisen zu liefern.
- Partnership enables efficient scaling of production with automotive-grade manufacturing capabilities
- Global manufacturing footprint across US and Asia supports volume production
- Cost-effective manufacturing solution through established manufacturer
- Facility passed automotive OEM audits under VDA 6.3 standard
- Manufacturing dependency on single partner Fabrinet
- Potential increased operational costs from outsourced manufacturing
Insights
Innoviz gains scalable, cost-efficient LiDAR production through Fabrinet partnership, clearing key automotive OEM quality hurdles for mass market entry.
This partnership grants Innoviz immediate access to Fabrinet's advanced, automotive-grade manufacturing, allowing the InnovizTwo LiDAR platform to scale quickly and meet growing demand. Fabrinet's facility has cleared rigorous audits per German VDA 6.3 standards, validating its capability to deliver high-quality, automotive-grade products. This is not a simple supply agreement but a strategic move that transitions Innoviz from development to mass-market readiness. With a certified, global manufacturing partner, Innoviz can focus resources on R&D and customer integration rather than building out costly production capacity. Fabrinet's global footprint enables flexible, cost-effective scaling, which is important as automotive LiDAR demand shifts from pilots to commercial volumes. The partnership lowers operational risk for Innoviz customers, as OEMs often insist on proven, audited supply chains before awarding large contracts. Additionally, the announcement signals to the market that Innoviz has addressed one of the hardest barriers to entry in automotive hardware: consistent, audited, high-volume production meeting stringent quality benchmarks. This makes Innoviz a more credible supplier to global OEMs, potentially unlocking future deals. In summary, the news marks a significant milestone for Innoviz in moving toward full commercialization of its LiDAR products and strengthens its appeal in the competitive automotive supplier landscape.
- Innoviz has selected Fabrinet as its manufacturing partner for the InnovizTwo LiDAR platform
- Fabrinet's expertise in automotive-grade manufacturing will enable Innoviz to scale production to volume efficiently and cost-effectively
- Fabrinet's facility has passed rigorous audits by several global leading automotive OEMs
"We are excited to partner with Fabrinet, whose world-class manufacturing expertise enables us to bring the InnovizTwo product platform to mass production," said Omer Keilaf, CEO and Co-Founder of Innoviz Technologies. "We believe that by leveraging Fabrinet's capabilities, we can meet customer demands faster, while meeting the highest automotive-grade standards."
"Fabrinet is thrilled to support Innoviz in reaching this significant milestone of mass-producing the InnovizTwo and industrializing the Company's cutting-edge LiDAR technology," said Harpal Gill, President and Chief Operation Officer of Fabrinet. "Our relationship with Innoviz reinforces Fabrinet's position as a leading contract manufacturer of complex products for the automotive industry."
Fabrinet brings deep expertise in manufacturing services for complex products, seamlessly transforming customer-provided designs and bills of materials into full-scale production. Under the agreement, Fabrinet's facility will provide end-to-end manufacturing for both the InnovizTwo Long-Range and InnovizTwo Short- to Mid-Range LiDARs. Fabrinet's global footprint of manufacturing sites spread across
About Innoviz
Innoviz is a global leader in LiDAR technology, serving as a Tier-1 supplier to the world's leading automotive manufacturers and 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 possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the
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Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding Innoviz's expectations, plans, and future prospects related to the strategic partnership with Fabrinet, the anticipated scaling of production, the economic benefits of the partnership and Fabrinet's compliance with the highest automotive-grade standards. 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, and our expectations regarding the impact of the evolving conflict in
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SOURCE Innoviz Technologies
FAQ
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