Kela Technologies and Innoviz Sign LiDAR Sensor Procurement Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 57 minutes ago
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Should l Buy INVZ?
Source: Newsfilter
- Expected Scale of Agreement: Kela Technologies has signed a framework agreement with Innoviz to procure hundreds of InnovizTwo LiDAR sensors, with potential scaling to thousands in the future, indicating a strong demand for high-performance sensors and furthering military technology modernization.
- Integration Advantages: LiDAR, as a core sensing technology, will operate alongside radar, electro-optical, thermal, and RF systems, enhancing Kela's software-defined platform capabilities, particularly in armored vehicles and border security applications.
- Enhanced Operational Capabilities: By providing high-resolution three-dimensional perception, LiDAR technology will assist Kela's clients in achieving target discrimination, operational awareness, and faster execution in complex environments, significantly improving the responsiveness and accuracy of defense forces.
- Broad Market Prospects: Kela's co-founder stated that the reliability of LiDAR technology in civilian applications demonstrates its necessity in military contexts, reflecting Kela's strategic commitment and market potential in advancing defense modernization.
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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.
Innoviz Technologies Set to Announce Q1 Earnings on May 14
- Earnings Announcement: Innoviz Technologies is set to release its Q1 2023 earnings on May 14 before market open, with consensus EPS estimate at -$0.08 and revenue expected at $13.67 million, reflecting a 21.4% year-over-year decline.
- Historical Performance: Over the past two years, Innoviz has only beaten EPS estimates 25% of the time, while achieving a 75% success rate in surpassing revenue expectations, indicating a relative strength in revenue management.
- Estimate Adjustments: In the last three months, there have been no upward revisions to EPS estimates and two downward revisions, suggesting market concerns regarding the company's future profitability, which may impact investor confidence.
- Industry Insights: Discussions surrounding Innoviz include its white paper on physical AI and applications beyond automotive, indicating the company's exploration of diversified business development opportunities.
See More
Kela Technologies and Innoviz Sign LiDAR Sensor Procurement Agreement
- Framework Agreement: Kela Technologies has signed a framework agreement with Innoviz Technologies to procure several hundred InnovizTwo LiDAR sensors, with potential scaling to thousands, indicating a deep collaboration in automated military technology.
- Technology Integration: The LiDAR sensors will be integrated into Kela's software-defined platform, working alongside radar, electro-optical, thermal, and RF systems to enhance operational capabilities in armored vehicles, border security, and perimeter defense missions, thereby improving real-time decision-making for commanders.
- High-Resolution Perception: With LiDAR technology, Kela's customers will gain high-resolution three-dimensional perception, aiding in the fusion of multiple sensor data streams into a single operational picture, thus increasing the efficiency and accuracy of mission execution.
- Market Demand Response: Kela co-founder Hamutal Meridor emphasized that the reliability and scalability of LiDAR technology in civilian applications demonstrate its necessity in defense, providing operators with the clearest situational picture and the ability to respond swiftly.
See More
Kela Technologies and Innoviz Sign LiDAR Sensor Procurement Agreement
- Expected Scale of Agreement: Kela Technologies has signed a framework agreement with Innoviz to procure hundreds of InnovizTwo LiDAR sensors, with potential scaling to thousands in the future, indicating a strong demand for high-performance sensors and furthering military technology modernization.
- Integration Advantages: LiDAR, as a core sensing technology, will operate alongside radar, electro-optical, thermal, and RF systems, enhancing Kela's software-defined platform capabilities, particularly in armored vehicles and border security applications.
- Enhanced Operational Capabilities: By providing high-resolution three-dimensional perception, LiDAR technology will assist Kela's clients in achieving target discrimination, operational awareness, and faster execution in complex environments, significantly improving the responsiveness and accuracy of defense forces.
- Broad Market Prospects: Kela's co-founder stated that the reliability of LiDAR technology in civilian applications demonstrates its necessity in military contexts, reflecting Kela's strategic commitment and market potential in advancing defense modernization.
See More
Innoviz Technologies Receives Nasdaq Warning
- Nasdaq Warning Notification: Innoviz Technologies received a written notification from Nasdaq on March 25, 2026, indicating that it no longer meets the Nasdaq Listing Rule 5550(a)(2) due to a closing bid price below $1.00 per share for the past 30 consecutive trading days.
- Grace Period Arrangement: Under Nasdaq Listing Rule 5810(c)(3)(A), the company has been granted a 180-day grace period until September 21, 2026, to meet the minimum bid price requirement, and if the share price reaches $1.00 or higher for ten consecutive trading days, compliance will be restored.
- Compliance Monitoring Plan: The company intends to monitor its stock's closing price during this grace period and will consider various options to regain compliance with Nasdaq Capital Market requirements, which is crucial for its future financing and market confidence.
- Industry Position and Outlook: As a leading supplier of LiDAR technology, Innoviz's compliance issues could impact its partnerships with automotive manufacturers, thereby affecting its competitive position in the autonomous driving sector.
See More
Innoviz Technologies Receives Nasdaq Warning
- Nasdaq Warning Notification: Innoviz Technologies received a written notification from Nasdaq on March 25, 2026, indicating non-compliance with Listing Rule 5550(a)(2) due to a closing bid price below $1.00 per share for 30 consecutive trading days, which could negatively impact its market perception and investor confidence.
- Grace Period Arrangement: The company has been granted a 180-day grace period until September 21, 2026, under Nasdaq Rule 5810(c)(3)(A) to meet the minimum bid price requirement, providing an opportunity to regain compliance and avoid delisting.
- Compliance Monitoring Plan: During the grace period, Innoviz intends to closely monitor its share closing prices and consider various options to regain compliance, demonstrating its commitment to shareholder responsibility and market integrity.
- Market Impact Assessment: Failure to restore the stock price within the grace period may lead to long-term negative effects on its financing capabilities and market trust, potentially impacting future business development despite eligibility for an additional 180-day grace period.
See More
Innoviz Technologies Receives Nasdaq Notice for Non-Compliance
- Nasdaq Notice: Innoviz Technologies received a notice from Nasdaq for failing to meet the $1 minimum bid price requirement, which, while not immediately impacting operations, highlights compliance pressures the company faces.
- Compliance Period: The company has a 180-day compliance period until September 21, 2026, to regain compliance, which is critical to avoid further market risks and potential delisting.
- Extension Possibility: Innoviz may qualify for an additional 180-day extension if it meets other listing requirements, providing the company with extra time to adjust its stock price and regain compliance.
- Future Outlook: Despite current challenges, Innoviz is actively discussing its white paper on physical AI and applications beyond automotive, demonstrating its ongoing commitment to technological innovation and market relevance.
See More
Innoviz Technologies Set to Announce Q1 Earnings on May 14
- Earnings Announcement: Innoviz Technologies is set to release its Q1 2023 earnings on May 14 before market open, with consensus EPS estimate at -$0.08 and revenue expected at $13.67 million, reflecting a 21.4% year-over-year decline.
- Historical Performance: Over the past two years, Innoviz has only beaten EPS estimates 25% of the time, while achieving a 75% success rate in surpassing revenue expectations, indicating a relative strength in revenue management.
- Estimate Adjustments: In the last three months, there have been no upward revisions to EPS estimates and two downward revisions, suggesting market concerns regarding the company's future profitability, which may impact investor confidence.
- Industry Insights: Discussions surrounding Innoviz include its white paper on physical AI and applications beyond automotive, indicating the company's exploration of diversified business development opportunities.
See More
Kela Technologies and Innoviz Sign LiDAR Sensor Procurement Agreement
- Framework Agreement: Kela Technologies has signed a framework agreement with Innoviz Technologies to procure several hundred InnovizTwo LiDAR sensors, with potential scaling to thousands, indicating a deep collaboration in automated military technology.
- Technology Integration: The LiDAR sensors will be integrated into Kela's software-defined platform, working alongside radar, electro-optical, thermal, and RF systems to enhance operational capabilities in armored vehicles, border security, and perimeter defense missions, thereby improving real-time decision-making for commanders.
- High-Resolution Perception: With LiDAR technology, Kela's customers will gain high-resolution three-dimensional perception, aiding in the fusion of multiple sensor data streams into a single operational picture, thus increasing the efficiency and accuracy of mission execution.
- Market Demand Response: Kela co-founder Hamutal Meridor emphasized that the reliability and scalability of LiDAR technology in civilian applications demonstrate its necessity in defense, providing operators with the clearest situational picture and the ability to respond swiftly.
See More
Kela Technologies and Innoviz Sign LiDAR Sensor Procurement Agreement
- Expected Scale of Agreement: Kela Technologies has signed a framework agreement with Innoviz to procure hundreds of InnovizTwo LiDAR sensors, with potential scaling to thousands in the future, indicating a strong demand for high-performance sensors and furthering military technology modernization.
- Integration Advantages: LiDAR, as a core sensing technology, will operate alongside radar, electro-optical, thermal, and RF systems, enhancing Kela's software-defined platform capabilities, particularly in armored vehicles and border security applications.
- Enhanced Operational Capabilities: By providing high-resolution three-dimensional perception, LiDAR technology will assist Kela's clients in achieving target discrimination, operational awareness, and faster execution in complex environments, significantly improving the responsiveness and accuracy of defense forces.
- Broad Market Prospects: Kela's co-founder stated that the reliability of LiDAR technology in civilian applications demonstrates its necessity in military contexts, reflecting Kela's strategic commitment and market potential in advancing defense modernization.
See More
Innoviz Technologies Receives Nasdaq Warning
- Nasdaq Warning Notification: Innoviz Technologies received a written notification from Nasdaq on March 25, 2026, indicating that it no longer meets the Nasdaq Listing Rule 5550(a)(2) due to a closing bid price below $1.00 per share for the past 30 consecutive trading days.
- Grace Period Arrangement: Under Nasdaq Listing Rule 5810(c)(3)(A), the company has been granted a 180-day grace period until September 21, 2026, to meet the minimum bid price requirement, and if the share price reaches $1.00 or higher for ten consecutive trading days, compliance will be restored.
- Compliance Monitoring Plan: The company intends to monitor its stock's closing price during this grace period and will consider various options to regain compliance with Nasdaq Capital Market requirements, which is crucial for its future financing and market confidence.
- Industry Position and Outlook: As a leading supplier of LiDAR technology, Innoviz's compliance issues could impact its partnerships with automotive manufacturers, thereby affecting its competitive position in the autonomous driving sector.
See More
Innoviz Technologies Receives Nasdaq Warning
- Nasdaq Warning Notification: Innoviz Technologies received a written notification from Nasdaq on March 25, 2026, indicating non-compliance with Listing Rule 5550(a)(2) due to a closing bid price below $1.00 per share for 30 consecutive trading days, which could negatively impact its market perception and investor confidence.
- Grace Period Arrangement: The company has been granted a 180-day grace period until September 21, 2026, under Nasdaq Rule 5810(c)(3)(A) to meet the minimum bid price requirement, providing an opportunity to regain compliance and avoid delisting.
- Compliance Monitoring Plan: During the grace period, Innoviz intends to closely monitor its share closing prices and consider various options to regain compliance, demonstrating its commitment to shareholder responsibility and market integrity.
- Market Impact Assessment: Failure to restore the stock price within the grace period may lead to long-term negative effects on its financing capabilities and market trust, potentially impacting future business development despite eligibility for an additional 180-day grace period.
See More
Innoviz Technologies Receives Nasdaq Notice for Non-Compliance
- Nasdaq Notice: Innoviz Technologies received a notice from Nasdaq for failing to meet the $1 minimum bid price requirement, which, while not immediately impacting operations, highlights compliance pressures the company faces.
- Compliance Period: The company has a 180-day compliance period until September 21, 2026, to regain compliance, which is critical to avoid further market risks and potential delisting.
- Extension Possibility: Innoviz may qualify for an additional 180-day extension if it meets other listing requirements, providing the company with extra time to adjust its stock price and regain compliance.
- Future Outlook: Despite current challenges, Innoviz is actively discussing its white paper on physical AI and applications beyond automotive, demonstrating its ongoing commitment to technological innovation and market relevance.
See More
