- Sensagrate integrates InnovizOne LiDAR with its SensaVision
Platform to promote pedestrian and driver safety through
intelligent traffic analytics and data collection.
- Sensagrate is leveraging InnovizOne LiDAR to solve smart
city challenges at additional sites in the U.S., including
Phoenix, Scottsdale, and
Tucson, AZ, through
partnerships with government transportation
agencies to pilot emerging technology using LiDAR sensors.
TEL
AVIV, Israel and SCOTTSDALE,
Ariz., Sept. 14, 2022 /PRNewswire/ -- Innoviz
Technologies (Nasdaq: INVZ) (the "Company" or "Innoviz"),
a technology leader of high-performance, solid-state LiDAR sensors
and perception software, and Sensagrate, a leader in smart city
technology that enables real-time traffic, pedestrian and cyclist
safety on roadways, announced a joint smart
intersection corridor pilot at UCLA.
Sensagrate integrated InnovizOne LiDARs with SensaVision, a
computer vision platform, and is fusing them with data from
radar and camera sensors to create a smart corridor at an
intersection at the UCLA campus. Going
forward, Innoviz and Sensagrate will tackle smart city challenges
across Arizona through partnerships with government
transportation departments to pilot emerging technology using LiDAR
sensors.
To a video presenting the solution, please click here
The SensaVision Platform, enabled by InnovizOne LiDARs, gathers
data on traffic volume and other roadside safety metrics for root
cause analysis of pedestrian-related incidents, improving
pedestrian and automobile safety. The smart corridor will test
smart sensing for intersections powered by Innoviz and Sensagrate
via (I2V) and vehicle-to-everything (V2X) applications, all powered
by NVIDIA jetson edge computing. In addition to the
sensors on the infrastructure, the platform is further connected
with UCLA's autonomous vehicle,
enhancing the V2X analytics. Both Innoviz and Sensagrate are
excited for the site results and insights ahead of October, which
is National Pedestrian Safety Month.
The InnovizOne LiDAR is ideal for smart city applications because
it provides accurate data during adverse weather and lighting
conditions, and its robust design ensures durability over time. The
InnovizOne LiDAR does not impinge on privacy, unlike other
sensors that may have difficulty complying with GDPR and other
privacy laws.
"Innoviz is excited to advance our partnership with
Sensagrate and demonstrate the value of our InnovizOne LiDAR
for smart city applications at one of the top universities in the
world," said Omer Keilaf, Co-Founder and CEO of
Innoviz. "Innoviz and Sensagrate both firmly believe that
LiDAR-based intelligent traffic decisions will improve traffic flow
and reduce traffic congestion, leading to a decrease in road
fatalities and carbon emissions. We're looking forward to scaling
this solution across the US and globally."
"The Innoviz One LiDAR provides a unique and high
quality resolution for their field of view and range. This is
critical as we look to detect different objects in various
settings and at ranges greater than 100 meters,"
said Darryl Keeton,
Founder and President of Sensagrate. "Innoviz has
provided a great product and is proving its strong partnership
abilities to promote safety. We are excited to witness how the
InnovizOne and SensaVision integration at the UCLA pilot site can promote smarter and safer
streets."
This news builds on the Sensagrate and Innoviz partnership
announced in 2021. Innoviz's traction in smart city applications is
further demonstration of its innovation and expanding scope of
product coverage following its significant automotive design win
with CARIAD SE for Volkswagen Brands
in August
2022.
About Sensagrate
Sensagrate is a computer vision
software company that provides traffic AI solutions on the edge to
bring state-of-the-art innovation solutions that provide real-time,
predictive analytics to decrease congestion and emissions, and
improve public safety. SensaVision intelligent transportation
system products include computer vision software, computer vision
on the edge, and traffic and safety data and analytics. For more
information, visit www.sensagrate.com.
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
selected by internationally-recognized premium car brands 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
innoviz-tech.com.
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Media Contact
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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