The company received certification for its design and
assembly of Lidar, Perception SW and Lidar solutions, further
solidifying its position as a trusted Tier-1 supplier
TEL
AVIV, Israel, Feb. 6, 2024
/PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the
"Company" or "Innoviz"), a leading Tier-1 supplier of
high-performance, automotive grade LiDAR sensors and perception
software, today announced its successful achievement of the IATF
16949:2016 certification, which includes the ISO 9001:2015
requirements and is a testament to the Company's dedication to
maintaining exceptional quality and standards in the automotive
industry.
The International Automotive Task Force (IATF) was formed to
provide improved quality products to automotive consumers worldwide
and its members include world-leading automotive manufacturers. The
IATF 16949:2016 is an internationally recognized standard for
automotive quality management systems. It certifies that Innoviz
has the process-oriented quality management systems to enable
continued improvements, emphasizing defect prevention and the
reduction of variation and waste in the supply chain and assembly
process.
Achieving this prestigious certification is a result of
Innoviz's relentless pursuit of excellence, stringent quality
control measures, and continuous improvement initiatives across all
facets of its operations. This milestone underscores the Company's
focus on enhancing efficiency and ensuring customer satisfaction in
every aspect of its design and assembly of LiDAR solutions and
perception software.
"We are thrilled to have attained the IATF 16949:2016
certification, which stands as a testament to our unwavering
commitment to delivering exceptional quality in everything we do,"
said Omer Keilaf, CEO and Co-Founder at Innoviz. "This
accomplishment reflects the hard work and dedication of our team
and reaffirms our promise to provide our customers with
cutting-edge LiDAR solutions of high quality and reliability, while
solidifying our ongoing position as a Tier-1 supplier within the
automotive industry."
In addition, Innoviz received the ISO 14001:2015 certification,
an internationally- recognized standard for environmental
management systems (EMS) and the ISO 45001:2018 certification, an
international standard that specifies requirements for an
occupational health and safety (OH&S) management system.
Innoviz's certified Quality Management Systems can be viewed
here.
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 (US)
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements
within the meaning of the 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, the
operational realignment and other expectations, the ability to
convert design wins into definitive orders and the magnitude of
such orders, the ability to identify and realize additional
opportunities, potential changes and developments in the highly
competitive LiDAR technology and related industries, and our
expectations regarding the impact of the war and evolving conflict
in Israel to our ongoing
operations. The foregoing list is not exhaustive. You should
carefully consider such risk and the other risks and uncertainties
described in Innoviz's annual report on Form 20-F filed with the
SEC on March 9, 2023 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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