Innoviz Launches High-Performance LiDAR Solution for Smart Infrastructure
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 16h ago
0mins
Source: PRnewswire
- Product Launch: Innoviz has officially launched InnovizSMART, an off-the-shelf high-performance LiDAR solution designed to meet the needs of smart infrastructure applications, marking a significant milestone in the company's smart infrastructure strategy.
- Technical Advantages: The product features high-resolution 3D point clouds, low power consumption, and simplified installation requirements, enabling reliable 24/7 performance in harsh outdoor conditions, thereby enhancing customer capabilities in security and traffic management applications.
- Market Demand Fulfillment: InnovizSMART's production capacity is designed to meet current and projected customer demand, ensuring short lead times while providing durable and reliable automotive-grade LiDAR, which helps the company maintain a competitive edge in a crowded market.
- Future Expansion: The anticipated launch of InnovizSMARTer in Q2 2026 will further expand Innoviz's portfolio of smart infrastructure solutions, enhancing its competitiveness in the global market.
Analyst Views on INVZ
About INVZ
Innoviz Technologies Ltd. is an Israel-based company engaged in the electronics sector. The Company is a provider of high-performance, solid-state LiDAR (Light Detection and Ranging) sensors and perception software, enabling safe autonomy across the automotive, robotics, drone, and mapping industries. The Company develops and commercializes advanced LiDAR solutions that deliver high-resolution, real-time 3D imaging for autonomous systems. The Company’s flagship products, InnovizOne and InnovizTwo, are automotive-grade, solid-state LiDAR sensors designed for mass production. These sensors provide superior range, resolution, and reliability, meeting the stringent requirements of Level 3-5 autonomous vehicles. The Company complements its hardware with AI-driven perception software that enables object detection, classification, and tracking. This software enhances the performance of autonomous systems by interpreting complex environments in real time.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
