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.
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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.
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SOURCE Innoviz Technologies