Israel-based LiDAR solution provider Innoviz Technologies announced the achievements of its expansion into four new countries and advance of manufacturing. With the significant movements, the company aims to provide LiDAR solutions available and affordable at a massive scale for the prospering market.
Innoviz has expanded globally with the opening of offices in four new countries including the U.S., Germany, China and Japan, with additional expansions planned in 2019. These regions were selected based on their proximity to areas of high market demand and/or existing customers who are leveraging the company's LiDAR for automotive applications (including OEMs, fleet companies, shuttle services and Tier 1 suppliers), mapping, robotics and more.
(Image: Innoviz)
Innoviz's presence in China uniquely positions the company to support a burgeoning mobility market with OEMs in the country racing to autonomy at speeds that challenge international rivals. By having engineering, product, marketing and sales personnel at these international locations, Innoviz can seamlessly meet current and future customer demand for low-cost, high-performance LiDAR solutions around the world – especially as automakers advance their autonomous efforts and LiDAR becomes more ubiquitous.
"Demand for our solid-state LiDAR offerings continues to invigorate the team and take Innoviz to new heights," said Omer Keilaf, CEO and Co-Founder of Innoviz. "Our latest accomplishments are simply a reflection of the outstandingly successful year we've had filled with automaker design wins, Tier 1 supplier partnerships, product innovations and awards, and more. Innoviz truly epitomizes how mature LiDAR has the potential to transform the automotive, mapping and robotics industries, to name a few. We look forward to building on this success in 2019."