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Innoviz Technologies Reports 2021 First Quarter Financial Results


Innoviz Technologies Reports 2021 First Quarter Financial Results
USA - English
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TEL AVIV, Israel, May 12, 2021 /PRNewswire/   Innoviz Technologies (NASDAQ: INVZ), a technology leader of high-performance, solid-state LiDAR sensors and perception software, today reported its financial results and certain forward-looking guidance for the first quarter ended March 31, 2021 as well as subsequent operational updates on commercial traction, technology leadership and corporate development.
Commercial Traction
Secured a design win with a leading tier-1 automotive supplier to implement InnovizOne LiDAR in autonomous shuttles for use in European airports, campuses, local public transportation and more. The Company expects the contract to generate hundreds of millions in revenue by 2030. ....

Pusan Gwangyoksi , South Korea , United States , South Korean , Jabil Innovizone , Omer Keilaf , Eldar Cegla , Matt Glover , Maya Lustig , Innovizone Lidars , Exchange Commission , Corporate Development , Technology Leadership , Magna International , Innoviz Technologies , Site Acceptance Tests , Collective Growth Corporation , Nasdaq Capital , Softbank Ventures Asia , Magma Venture Partners , Months Ended March , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியன் , மேட் குளோவர் , மாயா லுஸ்திக் ,

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OurCrowd Portfolio Company Innoviz Trades on Nasdaq in SPAC Deal


OurCrowd Portfolio Company Innoviz Trades on Nasdaq in SPAC Deal
LiDAR firm and
OurCrowd portfolio company
Innoviz (NASDAQ:INVZ) traded on the Nasdaq this week as part of a SPAC deal that was revealed earlier this year.
Innoviz became a publicly listed company through a business combination with
Collective Growth Corporation in a transaction sponsored by Antara Capital LP and Perception Capital Partners LLC. The transaction was said to have provided $371 million in gross proceeds including a PIPE.
Innoviz is a manufacturer of solid-state LiDAR sensors and perception software. As the technology is incorporated into a growing number of vehicles and autonomous vehicles become a reality and, in the not-so-distant future, ubiquitous, Innoviz is well-positioned to benefit from this new sector of technology. ....

Perception Capital Partners , Growth Corporation , Collective Growth Corporation , Antara Capital , கருத்து மூலதனம் கூட்டாளர்கள் , வளர்ச்சி நிறுவனம் , கூட்டு வளர்ச்சி நிறுவனம் , அன்டாரா மூலதனம் ,