Innoviz Technologies to Demonstrate High-Performance LiDAR Technology at IAA MOBILITY Show in Munich
Innoviz Technologies (Nasdaq: INVZ) is set to showcase its cutting-edge LiDAR technology at the IAA MOBILITY 2021 show in Munich, Germany, from September 7-12, 2021. The demonstration will feature the InnovizOne sensor, selected by BMW for its autonomous vehicle program. Innoviz's partners OSRAM and Webasto will also present related innovations, including a Roof Sensor Module. This event gathers over 1,000 exhibitors and is a significant platform for showcasing advancements in the future of transportation.
- Demonstration of InnovizOne at a major mobility event enhances visibility.
- Selected by BMW for its fully autonomous vehicle program, indicating strong industry recognition.
- Partnerships with OSRAM and Webasto could lead to increased market traction.
- None.
TEL AVIV, Israel, Sept. 7, 2021 /PRNewswire/ -- Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance, solid-state LiDAR sensors and perception software, will demonstrate its state-of-the-art LiDAR technology at the IAA MOBILITY 2021 show being held September 7-12, 2021 in Munich, Germany. This year's exhibition demonstrates new cutting-edge mobility solutions with a focus on the future of mobility.
IAA MOBILITY expects to have over 1,000 exhibitors and speakers presenting innovations and concepts for the future of transportation. Innoviz will conduct a live demonstration of the InnovizOne, BMW's LiDAR of choice, in its booth during all show days. Innoviz's partners OSRAM and Webasto will be demonstrating the InnovizOne to select OEM customers. Webasto will present its Roof Sensor Module (RSM) in IAA, including two InnoivzOne units in two of its corners.
InnovizOne is a solid-state LiDAR sensor designed for automakers, robotaxis, shuttles and delivery companies requiring an automotive-grade, mass-production solution. Innoviz's next-generation, high-performance automotive-grade LiDAR sensor, which was announced earlier this year, offers a full-featured solution for all levels of autonomous driving and includes embedded perception software.
"Innoviz is looking forward to showcasing InnovizOne at its booth at the IAA Mobility 2021 show as well as with our partners, OSRAM and Webasto," said Omer Keilaf, CEO and Co-Founder of Innoviz. "This show provides us with the opportunity to conduct a live demonstration of our LiDAR technology live in our booth, allowing visitors to experience the technology that will not only revolutionize automotive transportation, but also save millions of lives every year."
Live demos of InnovizOne at IAA MOBILITY Show:
Innoviz's booth: B2 A414
OSRAM's booth: B2 C71 During selected times. Please check with the Innoviz team.
Webasto's Roof Sensor Module (RSM) presentation: to selected OEM customers
About Innoviz Technologies
Innoviz is a leading provider of technology that will put autonomous vehicles on roads. Innoviz's LiDAR technology can "see" better than a human driver and meets the automotive industry's strict expectations for performance, safety, and price. Selected by BMW for its fully autonomous car program, Innoviz's technology will be deployed in BMW's consumer vehicles. Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, and others. For more information, visit www.innoviz.tech.
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Innoviz Technologies
Contact Information
media@innoviz-tech.com
Investor Contact
Maya Lustig
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Gateway Investor Relations
Cody Slach or Matt Glover
(949) 574-3860
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 identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on April 21, 2021 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.
View original content:https://www.prnewswire.com/news-releases/innoviz-technologies-to-demonstrate-high-performance-lidar-technology-at-iaa-mobility-show-in-munich-301369803.html
SOURCE Innoviz Technologies
FAQ
What will Innoviz demonstrate at the IAA MOBILITY 2021 event?
When is the IAA MOBILITY 2021 event held?
Who are Innoviz's partners at the IAA MOBILITY 2021 show?
What is the significance of InnovizOne in the automotive industry?
