Innoviz Technologies Named a “Cool Vendor” in the May 2020 Cool Vendors in Autonomous Vehicle Systems

Report by Gartner

Innoviz Technologies Named a “Cool Vendor”

ROSH HA’AYIN, Israel — June 24, 2020 Innoviz Technologies, a leading provider of high-performance, solid-state LiDAR sensors and perception software, announced today that it has been recognized as a Cool Vendor in Gartner’s Cool Vendors in Autonomous Vehicle Systems1 report.

According to the report, which highlights new and innovative vendors, products and services, “developing a solution that integrates into an autonomous vehicle system is complex and challenging. Technology and service providers must prepare to face the technology threats posed by direct competitors and be ready to partner while also being ready to harness innovative new business approaches.”

“We are honored by this recognition and consider it to be a confirmation of our mission to enable the mass production of autonomous vehicles through our high-performance, solid-state LiDAR sensors and perception software,” said Omer Keilaf, CEO and co-founder of Innoviz. “We continue to innovate and execute on our product roadmap to deliver LiDARs that meet the strict requirements of the automotive industry, including robotaxi, shuttle, delivery, and other use cases.”

Innoviz’s solutions enable safe autonomy by bringing unparalleled optics, seamless design and cutting-edge software to market. Its offerings include InnovizOne, an automotive-grade, mass-producible LiDAR sensor, and advanced perception software, which is designed to be the perfect complement to the company’s hardware offerings and provides vehicles with a deep understanding of any 3D driving scene. Innoviz’s technologies will be included in BMW’s first generation of autonomous vehicles and this will be the first solid-state LiDAR series production win and deployment of its kind for the automotive industry.

Gartner Disclaimer:

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Innoviz Technologies

Innoviz is a leading manufacturer of high-performance, solid-state LiDAR sensors and perception software that enable the mass production of autonomous vehicles. Innoviz’s offerings include InnovizOne, an automotive-grade, mass-producible LiDAR sensor, and perception software designed to complement its hardware offerings with advanced AI and machine learning-based classification, detection and tracking features. Innoviz is backed by top-tier strategic partners and investors, including SoftBank Ventures Asia, Samsung, Magna International, Aptiv, Magma Venture Partners, Vertex Ventures, China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), 360 Capital Partners, Glory Ventures, Naver, Shenzhen Capital Group, New Alliance Capital, Harel Insurance Investments and Financial Services, Phoenix Insurance Company and others. For more information, visit www.innoviz.tech.

Contact Gartner,”Cool Vendors in Autonomous Vehicle Systems,” by Jonathan Davenport, et.al 14th May 2020.

Media Contact for Innoviz, Chelsea Lauber, Antenna Group for Innoviz , innoviz@antennagroup.com

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