Innoviz Technologies Starts On-Sensor Perception Evaluation Program for InnovizTwo LiDAR with OEM Partner

INVZINVZ

Innoviz entered a development agreement with a leading autonomous driving firm to evaluate embedded perception software on its InnovizTwo LiDAR platform, aiming to deliver a detailed development plan. The collaboration could expand Innoviz's LiDAR role by integrating real-time safety-critical outputs directly on the sensor.

1. Agreement Details

Innoviz entered a software development agreement with a leading autonomous driving technology company to evaluate on-sensor perception capabilities on its InnovizTwo LiDAR platform. Under this initial evaluation phase, Innoviz and its partner will assess integration of embedded perception software and deliver a comprehensive development plan.

2. Strategic Implications

By embedding safety-critical perception algorithms directly in the sensor, Innoviz aims to meet OEM demands for decentralized compute and potentially deepen its role as a Tier 1 LiDAR supplier. Successful evaluation could position Innoviz for expanded contracts and accelerate its penetration into series production autonomous vehicle programs.

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