Innoviz Technologies Secures Major LiDAR Contract with Top 5 Automotive Manufacturer for 2027 Production

Reuters

06/17

Innoviz Technologies Secures Major LiDAR Contract with Top 5 Automotive Manufacturer for 2027 Production

Innoviz Technologies Ltd. has secured a significant contract by entering into a Statement of Development Work (SoDW) agreement with a leading passenger automotive manufacturer. Under this agreement, Innoviz will develop hardware and software modifications for its InnovizTwo LiDAR system to integrate into the OEM's next-generation vehicle systems. This initiative aims to support the development of a Level 3 autonomous driving platform with a start of production $(SOP)$ planned for 2027. The collaboration underscores the industry's shift toward highly automated driving solutions and highlights Innoviz's reputation as a preferred technology partner for global OEMs. The project will see Innoviz supplying several hundred LiDAR units in the coming months, facilitating the OEM and platform provider's adherence to the project's timeline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innoviz Technologies Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN12185) on June 17, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innoviz Technologies Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN12185) on June 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INVZ","symbol_name":"Innoviz Technologies Ltd.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250617:nNDL2bs6tb:1","article_id":"2544856962","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544856962","pubTimestamp":1750161709,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Innoviz Technologies Ltd. has secured a significant contract by entering into a Statement of Development Work  agreement with a leading passenger automotive manufacturer. 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