Innoviz Technologies Ltd. INVZ

Company Overview

Innoviz Technologies Ltd. is an automotive technology company specializing in high-performance lidar (Light Detection and Ranging) sensors and perception software for advanced driver-assistance systems (ADAS) and autonomous driving. The company operates primarily within the automotive and mobility technology industries, supplying original equipment manufacturers (OEMs) and Tier 1 automotive suppliers. Its core value proposition centers on delivering solid-state lidar systems designed to meet automotive-grade requirements for safety, reliability, cost, and scalability.

Founded in 2016, Innoviz emerged from Israel’s advanced sensing and defense technology ecosystem and positioned itself early as a supplier focused on mass-production automotive lidar rather than research-only systems. The company gained industry visibility through design wins with global automotive manufacturers, most notably for series-production passenger vehicles, and became publicly listed in 2021 through a merger with a special purpose acquisition company. Since then, Innoviz has focused on transitioning from development-stage programs to commercial-scale production and long-term supply agreements.