AVIV, Israel, Aug. 30,
2023 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ:
ARBE), a global leader in Perception Radar Solutions, announced
today that it will be providing a live, in-vehicle demo of its
perception radar at the IAA Conference Sept.
5-10. Arbe's perception radar revolutionizes automotive
sensing with an affordable, ultra-high-resolution sensor that
delivers high-level performance in all environments, weather and
lighting conditions, providing an unmatched level of safety to the
This is the first radar that can truly enrich perception
algorithms, enhancing secured operation in all driving scenarios.
Arbe's technology has transformed radar as a sensor by infusing it
with capabilities that were previously not compatible with radar.
Thanks to Arbe's perception radar, the functionality of the radar
has been changed forever, as the Company provides the automotive
industry with a unique sensor that is affordable to deploy in all
ADAS and autonomous vehicles.
What: Live in-vehicle demo of Arbe's Perception
Radar at IAA https://arberobotics.com/IAA2023
Why: Over the next five years, we anticipate most
vehicles will be in stage L2+ autonomy. Cars will become
increasingly dependent on software, and we will see a greater
emphasis on future-proofed hardware that can easily be upgraded to
support new safety and comfort features. As a result, we anticipate
a growing demand for advanced solutions like Arbe's perception
radar, which can help prevent accidents and create a more enjoyable
driving experience at an affordable price for all vehicles,
not just luxury ones.
Who: Meet with CEO Kobi
When: Sept. 5-7, 2023
Where: Messe Munich Exhibition Center, Hall B2,
Contact: Interested investors who would like to schedule
an on-site meeting with management are invited to contact us at
firstname.lastname@example.org or email Miri Segal at
Arbe (Nasdaq: ARBE), a global leader in Perception Radar Chipset
Solutions, is spearheading a radar revolution, enabling truly safe
driver-assist systems today while paving the way to full
autonomous-driving. Arbe's imaging radar is 100 times more detailed
than any other radar on the market and is a mandatory sensor for
L2+ and higher autonomy. The company is empowering automakers,
tier-1 suppliers, delivery robots, commercial and industrial
vehicles, and a wide array of safety applications with advanced
sensing and paradigm-changing perception. Arbe is a leader in the
fast-growing automotive radar market that has a projected total
addressable market of $11 billion in
2025. Arbe is based in Tel Aviv,
Israel, and has an office in the
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This press release may contain "forward-looking statements"
within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, both as amended by the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
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expectations regarding the closing of the offering and timing
thereof, and the expected gross proceeds of the offering. These
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and uncertainties, including the risk and uncertainties described
in "Cautionary Note Regarding Forward-Looking Statements," "Item 5.
Operating and Financial Review and Prospects" and "Item 3. Key
Information –Risk Factors" Arbe's Annual Report on Form 20-F/A for
the year ended December 31, 2022,
which was filed with the Securities and Exchange Commission on
May 16, 2023, as well as other
documents filed by Arbe with the SEC. Accordingly, you are
cautioned not to place undue reliance on these forward-looking
statements. Forward-looking statements relate only to the date they
were made, and Arbe does not undertake any obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made except as required by law or applicable
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