LOXO Signs LOI to Integrate InnovizTwo Long-Range LiDAR in L4 Delivery Vehicles
INVZ•Switzerland-based LOXO signed an LOI on May 6, 2026 to integrate Innoviz’s InnovizTwo Long-Range LiDAR into its L4 Digital Driver autonomous delivery platform. LOXO will complete evaluations before potentially nominating Innoviz as the primary LiDAR supplier for its European urban and regional logistics fleet.
1. Letter of Intent Details
On May 6, 2026 LOXO and Innoviz signed a non-binding letter of intent to integrate InnovizTwo Long-Range LiDAR into LOXO’s L4 Digital Driver autonomous delivery platform. The LOI covers advanced testing and evaluation phases, after which LOXO may nominate Innoviz as its exclusive LiDAR supplier for future vehicle deployments.
2. InnovizTwo LiDAR Technical Highlights
InnovizTwo Long-Range LiDAR offers high-fidelity 3D perception with exceptional point cloud quality at extended distances, supporting reliable real-time sensing under diverse environmental conditions. Its automotive-grade design meets stringent performance, reliability and supply continuity requirements demanded by autonomous delivery applications.
3. Potential Commercial Impact
Successful evaluation could lead to a multi-year supply agreement, positioning Innoviz as a key technology partner for LOXO’s growing European logistics fleet. This collaboration may open further opportunities in urban and regional autonomous delivery markets and bolster Innoviz’s revenue visibility.
