TEL AVIV, Israel, March 8, 2022 /PRNewswire/ -- Innoviz
Technologies (Nasdaq: INVZ), (the "Company" or "Innoviz"), a
leading provider of high-performance LiDAR sensors and perception
software, today announced it has selected the BlackBerry QNX
Automotive Operating System for its LiDAR sensors.
Specifically designed for safety-critical embedded systems, the
BlackBerry QNX RTOS (Real Time Operating System), is used for
InnovizOne, Innoviz's first automotive-grade LiDAR, InnovizTwo,
Innoviz's next-generation low-cost LiDAR, and Innoviz's
hardware.
BlackBerry QNX is an embedded, pre-certified operating system
designed for the automotive sector where functional safety embedded
software is critical. The BlackBerry QNX platform enables Innoviz's
point cloud to provide the required safety levels and facilitates
reliable, high-performance and competitively priced LiDAR
solutions.
"Innoviz's focus on safety and reliability includes the
operating system level and shaped our decision to build our
products, starting with InnovizOne, on the QNX platform. We are
excited to continue the collaboration with BlackBerry,
demonstrating safety and reliability coupled with leading
performance in our next-generation InnovizTwo for the automotive
OEM market," said Omer Keilaf, Innoviz Co-Founder and CEO.
"BlackBerry QNX is more than an operating system. The platform
offers an agile foundation for co-developing complex software,
functionally safe system design and demanding end-to-end security
systems. Working with Innoviz, we look forward to supporting new
LiDAR innovations that enhance vehicle safety now and into the
future," added Joerg Zimmer, VP EMEA
at BlackBerry.
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 possibility of error, meeting the automotive
industry's strictest expectations for performance and safety.
Operating across the U.S., Europe,
and Asia, Innoviz has been elected
both by an internationally-recognized premium car brand for use in
consumer vehicles as well as by other commercial and industrial
leaders for a wide range of use cases. For more information,
visit www.innoviz.tech.
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Contact Information
media@innoviz-tech.com
Investor Contact
Maya Lustig
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 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