Innoviz

Innoviz Unveils InnovizThree LiDAR, Engineered for Behind-the-Windshield Automotive Integration

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[In the image above: the InnovizThree sensor (right) compared with the previous-generation InnovizTwo]

By Yohai Schwiger

Innoviz Technologies used its Q3 2025 earnings call on Wednesday to unveil the next generation in its LiDAR family, the InnovizThree sensor. CEO Omer Keilaf said the new model was engineered specifically to meet emerging requirements from the automotive industry. Based on 905nm Time-of-Flight, the device delivers improved performance, lower power consumption, and — most critically — a 60% reduction in volume, enabling installation in what he described as “the holy grail” location for automakers: behind the vehicle’s windshield, inside the cabin.

The sensor moves inside the vehicle

“This device was born out of conversations we’ve had with automakers,” Keilaf said on the call. “To place LiDAR behind the windshield you need a smaller, more power-efficient product with enough performance margin to absorb the optical loss going through the glass. InnovizThree was built exactly for this purpose, and can support urban Level 3 autonomy as well as seamless integration into the vehicle without roof- or grille-mounted protrusions.”

Automakers want LiDAR behind the windshield because it dramatically improves vehicle styling, protects the sensor from impacts, dirt and weather, leverages existing heating and cleaning systems, and simplifies installation and maintenance. Today, most LiDAR units in commercial and Level 3 vehicles sit on the front grille or fascia, while Level 4 autonomous vehicles typically mount LiDARs externally — on the roof or at the corners.

A technology ready for mass production

Integrating LiDAR behind the windshield is an engineering challenge due to optical distortion, thermal constraints and glass-induced signal attenuation. That requires smaller, more efficient and more robust sensors. InnovizThree builds on the architecture of the InnovizTwo — the platform that also underpins Innoviz Smart and the company’s short- and mid-range variants. The new model will debut publicly at CES 2026, and will serve as a central platform for derivative products for both automotive and industrial markets.

During the call, Keilaf addressed competing LiDAR approaches such as FMCW and OPA, arguing they are still far from production maturity. As he put it: “After many years of testing and experimenting, including OPA 1550 and FMCW LiDARs, it’s clear to us that 905 Time of Flight is the customer’s preferred solution. This industry can only scale on the solid ground of a proven mature technology.”

He emphasized that FMCW and OPA rely on materials and components that are not yet viable for automotive-scale production, whereas 905nm Time-of-Flight uses established, cost-effective, automotive-grade supply chains suitable for high-volume manufacturing.

Business momentum accelerates

Innoviz posted another record quarter: Q3 revenue jumped 238% year-over-year to $15.3 million. For the first nine months of 2025, revenue reached $42.4 million, up 2.3× from the same period in 2024. Gross margin was 15% for the quarter (26% year-to-date), while operating expenses fell 30% to $18.1 million, partly due to operational realignment and cost allocations associated with NRE payments. The company ended the quarter with $74.4 million in cash, no long-term debt, and reiterated that its ~$14M quarterly cash burn will continue to decline.

Innoviz reported a 10× increase in LiDAR shipments this quarter, supported by ramping production at Fabrinet. The company is progressing with Level 3 and Level 4 validation programs with top automakers, including another round of winter testing in northern Europe ahead of an expected 2027 SOP.

Level 4 autonomous trucks

A major development highlighted on the call was Innoviz’s progress with a global commercial truck manufacturer that selected the company as its LiDAR supplier for Level 4 Class 8 trucks, using multiple InnovizTwo units. Innoviz is already shipping sensors to the OEM’s data-collection fleet and is implementing software modifications.

“This is a significant milestone for us,” Keilaf said. “It demonstrates that our platform meets the stringent requirements of the heavy-duty trucking industry and positions us at the forefront of autonomous trucking.” The company expects to reveal the OEM’s identity in the coming weeks.

Volkswagen’s feedback

Keilaf also played excerpts from a conversation with Christian Senger, CEO of Volkswagen’s Autonomous Driving, Mobility & Transport Group (ADMT), responsible for the autonomous ID.Buzz program with MOIA and Mobileye.

Senger said: “Fully autonomous mobility becomes now really real… Our ID.Buzz has 27 sensors and nine LiDARs from Innoviz — three long-range and six short-range. The combination of all sensors and a strong compute platform gives the performance to understand the world.”

On LiDAR performance he added: “Our operational LiDAR with more than 350 meters of range gives us the distance we need for highway speed. There’s almost no difference between day and night. We have great results in rain and even foggy conditions. It helps the cameras understand the environment better.”

Senger praised the partnership: “We are creating together subsystems which have not been there ever… It is not only high-end performance, it is also industrial scale and fully automotive grade. I really love the openness and fast reaction from the Innoviz team.”

A market converging around Time of Flight

Keilaf noted that the automotive LiDAR market is consolidating rapidly. “The number of relevant automotive LiDAR players is declining… Some who had publicly committed to using FMCW are now expressing interest in transitioning to Time of Flight.”

After years of experimenting internally with both FMCW and OPA, Innoviz concluded that 905nm ToF is the only technology ready to scale in automotive volumes over the next several years.

Security applications: Innoviz Smart vs. cameras and radar

Beyond automotive, Innoviz reported growing traction in perimeter-security applications. The company completed its first installation of an Innoviz Smart–based fence-protection system and anticipates deploying dozens more by year’s end.

Keilaf described a comparative audit performed by a professional penetration-testing team: “Four out of ten times, the team avoided detection with the existing camera- and radar-based solution… Under the same conditions, they were not able to evade the Innoviz Smart solution at all.”

He added that the security sector remains “underserved,” both in sensing technology and in integration with VMS and command-and-control systems. Innoviz plans to offer software, analytics and 24/7 support alongside sensors — creating recurring-revenue opportunities.

Innoviz Secures New ISO Certification for In-House Testing Labs

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[Photo: Innoviz CEO Omer Keilaf. Credit: PR]

Israeli company Innoviz Technologies announced that its internal testing laboratories have received ISO/IEC 17025:2017 certification, one of the world’s most rigorous international accreditations for testing and calibration labs.

The recognition means Innoviz can now carry out the majority of critical tests for its LiDAR systems in-house, under a standard that guarantees accuracy, traceability, and technical reliability. For the company, this is a significant milestone in reinforcing its position as a Tier-1 supplier—a designation that allows it to sell directly to global automakers rather than only through system integrators.

In the automotive industry, standards are far from symbolic. Before any sensor is approved for mass-production vehicles, it must pass a long series of evaluations, from extreme performance testing to calibration and data-consistency checks. ISO/IEC 17025 certification addresses precisely this point: not the management or production processes, but the technical quality of the lab itself. The standard requires strict calibration procedures, meticulous documentation of every testing stage, rigorous equipment quality control, and proof that all results can be independently verified.

For automakers, the benefits are clear: shorter development cycles, higher reliability, and reduced reliance on third-party labs. In practical terms, car manufacturers can now rely on Innoviz not only as a technology provider but also as an accredited body that validates its own products to the industry’s highest benchmarks.

This marks a step up from the company’s previous certifications. Until now, Innoviz had already held IATF 16949:2016—the automotive industry’s core quality standard—alongside ISO 9001 for quality management, ISO 14001 for environmental management, and ISO 45001 for occupational health and safety. While those focus on organizational and management systems, the new certification zeroes in on testing accuracy and lab credibility.

The distinction carries strategic weight in the competitive LiDAR market, where suppliers are racing to secure spots on automakers’ sourcing lists. Achieving Tier-1 status demands not just advanced technology but also demonstrable compliance with stringent standards at every stage of validation. By obtaining ISO/IEC 17025, Innoviz is signaling that it doesn’t just build cutting-edge sensors—it also operates world-class testing facilities. That edge could prove decisive in winning future automotive contracts.

Innoviz Signs Major LiDAR Supply Deal with Global Truck OEM

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[Pictured above: Innoviz CEO]

Innoviz Technologies announced earlier this week that it has signed a significant contract with a global original equipment manufacturer (OEM) in the heavy-vehicle sector. Under the deal, Innoviz will supply its InnovizTwo LiDAR sensors for integration into Level 4 autonomous Class 8 trucks that will operate across North America.

While the company did not disclose financial details, it described the agreement as “major.” The initial phase will involve the delivery of early units to support data collection in pilot fleets, alongside the development of customized software to ensure seamless integration with the manufacturer’s operating systems.

“This win with a large and respected truck maker marks a milestone that reflects our ability to scale into new sectors,” said Omer Keilaf [pictured], CEO and co-founder of Innoviz. “These trucks require LiDAR sensors capable of withstanding extreme conditions while maintaining industry-leading performance. The InnovizTwo has proven itself with its high resolution, blockage resiliency, and the reliability needed to enable large-scale autonomy in heavy-duty vehicles.”

Barak 555 Launches Security System with Innoviz LiDAR and Cogniteam AI

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Barak 555, part of the Drive Group, announced yesterday (Tuesday) the launch of a new security solution, Barak Light Guard, developed in collaboration with two Israeli technology companies: Innoviz, a leading LiDAR sensor manufacturer best known for its work in autonomous vehicles, and Cogniteam, an AI company specializing in robotics. The system provides real-time alerts on suspicious activity and intrusions, with a detection range of roughly 400 meters and object classification capabilities enabled by the fusion of LiDAR and AI.

Cogniteam, founded in 2010, develops artificial intelligence and robotics solutions. Its Nimbus platform allows companies to build, manage, and update robotic software remotely via the cloud. Cogniteam works with defense, logistics, and agricultural robotics firms, providing them with tools to train AI models, deploy them across different platforms, and perform real-time software updates. For Barak 555’s system, Cogniteam supplied the AI analytics layer: its software processes data from LiDAR sensors and cameras, classifies objects, and significantly reduces false alarms—one of the biggest challenges in security control rooms.

LiDAR Moves Into Security

While widely used in autonomous driving and robotics, LiDAR is now gaining traction in security applications. Unlike cameras, which struggle in darkness, glare, fog, or heavy rain, LiDAR generates high-resolution 3D maps of the environment regardless of weather. These capabilities are crucial for systems monitoring open areas and complex terrains, where traditional surveillance tools often fall short.

The global security market is still in the early stages of adopting LiDAR. Pilot projects have explored its use for border protection, airport perimeters, and military or industrial sites. Companies such as Quanergy and Velodyne in the U.S. and Hesai in China are developing similar solutions, but the sector remains young and in search of mainstream adoption.

“Significant Advantage in Monitoring Open Areas”

Benny Lev, CEO of Barak 555, emphasized the breakthrough:
“For the first time, this LiDAR-based system enables long-range imaging and real-time detection of moving objects. It provides significant advantages for monitoring and securing open areas such as border zones, military sites, and critical infrastructure.”

The Drive Group operates several major Israeli infrastructure companies, including Highway 6 (Derech Eretz), Carmel Tunnels, Derech HaTzafon, Derech Btucha, and Barak 555. Barak 555 itself has been active for nearly 40 years, delivering large-scale projects in security, protection, and communications nationwide.

[Picture above: Cogniteam]

Innoviz to Ramp Up Production Tenfold

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photo above: Innoviz CEO, Omer Keilaf

The provider of automotive LiDAR sensors, Innoviz Technologies (Rosh HaAyin, Israel) is gearing up towards the global launching robo-taxi autonomous driving services, planned to begin in 2026. The company has decided to increase its mass production volume of LiDAR systems tenfold at the facilities of its manufacturing partner, Fabrinet. The initial serial production of the InnovizTwo systems at Fabrinet started last month.

This was revealed by Innoviz CEO, Omer Keilaf, during the earnings call this week, following the release of Q2 2025 financial results. Keilaf also shared that the Innoviz is currently developing its fourth sensor, the InnovizThree, which will be unveiled to customers later this month at the ITS exhibition in Atlanta. “InnovizThree represent a significant leap forward in performance, cost, and size,” he said.

The is in the beginning of  a new phase: sales grew by approximately 46% compared to the same quarter 2024, to a total of $9.7 million. H1 2025 sales have already surpassed the total sales of 2024, amounting to approximately $27.5 million. Accordingly, Innoviz has updated its 2025 sales forecast to $50-60 million, double its 2024 sales.

A New Funding Program

Despite having $79.4 million in cash and cash equivalents, the company has announced a $75 million ATM (At-The-Market) Program. This mechanism allows Innoviz to sell new or existing shares as needed to raise capital for temporary requirements. Maybe this is reason for the approximately 12.6% drop in the company’s stock on the Nasdaq, bringing its market capitalization to $316 million.

According to Keilaf, Innoviz has signed a Statement of Development Work (SODW) agreement with one of the world’s five largest private car manufacturers. This agreement involves making several adjustments to the InnovizTwo LiDAR sensor in order to adapt it to the manufacturer’s specific requirements. “We have passed RFI and RFQ stages. This is a process we are familiar with, having made specific adjustments to the sensors of Volkswagen’s ID.Buzz autonomous taxi program.”

The Surprising Advantages of Robots

The ID.Buzz autonomous driving system is based on Mobileye’s solution, that includes 9 Innoviz sensors in each taxi. Keilaf also mentioned that the company has entered negotiations with other car manufacturers whose systems are based on Mobileye.

An interesting new market for Innovis is in the industrial and security applications market (outside of the automotive industry). Keilaf: “The majority of our effort, 95%, is dedicated to the automotive sector, where the leading company holds a large portion of the market. However, we recently discovered that in robotics and industrial markets, there is a need for LiDAR sensors that meet functional safety requirements.

“Because we come from the automotive market, we meet these conditions, unlike competing LiDAR manufacturers who did not come from automotive.” The company’s new sensor, InnovizSMART, is based on automotive technologies and is intended for use in industrial and robotics systems. It provides detection up to 450 meters even in challenging visibility and weather conditions.

InnovizSMART LiDAR sensor
InnovizSMART LiDAR sensor

The “Gold Rush” Returns

Keilaf: We recently completed its integration within the Nvidia Jetson Orin environment and ecosystem. This means it is included in the reference designs that Nvidia provides to Orin customers. One reason for this move is that the major integrators in the industrial and robotics market frequently use Jetson.” For Innoviz, this new market offers several additional advantages: “The timelines here are much shorter, and the profit margins are very high compared to the automotive industry.”

Meanwhile, a new trend is emerging in the AV market: “It is returning to the ‘Gold Rush’ phase. Manufacturers are now working on new car models and adopting Level 3 (L3) autonomous systems. We are seeing a recovery in the market for higher-level autonomy systems, L4, but here the main push comes mainly from the commercial market: autonomous taxis, autonomous trucks, and autonomous commercial transport vehicles.”

Innoviz Enters the Security Market with InnovizSMART

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[Image above: The new InnovizSMART sensor]

Israeli company Innoviz Technologies, headquartered in Rosh HaAyin, is expanding into the perimeter and facility security market through a strategic partnership with India’s Sparsh and the UK’s Cron AI. The three companies signed an agreement to jointly develop a security solution for the Indian market based on a combination of cameras, LiDAR sensors, and AI-based image processing software, designed for installation in transport infrastructure, public facilities, train stations, and other critical assets.

According to Indian research firm Grand View Research, the perimeter security market in India was valued at approximately $3.23 billion in 2022 and is expected to grow at a 14% annual rate through 2030. Cron AI’s internal research estimates that the emerging smart transport and infrastructure protection market in India represents a $1 billion opportunity for solutions that combine LiDAR and camera technologies.

Sales and distribution will be handled by Sparsh CCTV, based in New Delhi, one of India’s largest surveillance camera manufacturers. The company operates two factories that produce around 500,000 cameras per year, is active in 120 Indian cities, and exports to 10 countries. Cron AI, headquartered in London, specializes in sensor-based scene understanding. Its flagship product, senseEDGE, is a compact Android-based edge computer running deep learning software that processes data from 3D sensors such as LiDAR, radar, and camera arrays.

Compact and Rugged

Cron AI’s computer operates at just 8 watts and performs sensor fusion, integrating data from multiple sources into a unified model of the environment. The results are then transmitted to a network hub or cloud service. The InnovizSMART sensor was specifically designed for industrial and security applications, which lie outside the company’s core automotive market. It is smaller than the company’s standard sensors, features a ruggedized casing, operates at 12V, provides 3D detection at ranges of 2 to 400 meters, and uses a PoE (Power over Ethernet) interface—allowing both power and data transmission via a single cable.

The sensor was officially launched last month, alongside a separate collaboration between Innoviz and Israeli robotics software company Cogniteam. That partnership focuses on developing a joint navigation and perception solution for security and robotic systems, based on Cogniteam’s software and the InnovizSMART sensor.

Innoviz CEO Omer Keilaf described the move as “bringing technology from the automotive world into the rapidly growing Indian market for transportation and infrastructure protection.”
Innoviz is listed on the NASDAQ with a current market cap of approximately $320 million.

Fabrinet Ships First InnovizTwo LiDAR Platform Units

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Innoviz Technologies announced the shipment of the first InnovizTwo LiDAR units from Fabrinet’s high-volume production line. This marks a major milestone in the move to mass production InnovizTwo LiDAR technology for the autonomous vehicles. The production ramp-up at Fabrinet’s facility follows months of collaboration and extensive training.

“Shipping the first InnovizTwo units from Fabrinet is a critical achievement for us,” said Ido Luski, Innoviz’s Co-Chief Operation Officer. On April 22, 2025, Innoviz announced that Fabrinet is the chosen manufacturing partner for the InnovizTwo LiDAR platform, encompassing both the InnovizTwo Long-Range and InnovizTwo Short- to Mid-Range LiDAR solutions. The agreement with Fabrinet comes after Fabrinet’s facility passed rigorous audits by several global leading automotive OEMs under the German automotive VDA 6.3 standard.

Lately Innoviz expanded its collaboration with Volkswagen Autonomous Mobility to accelerate the integration of InnovizTwo LiDAR units into the ID. Buzz AD,  VW’s L4 autonomous shuttle. This development is supported by Innoviz’s partnership with Fabrinet for mass production of the InnovizTwo. With a total of nine InnovizTwo LiDAR units per vehicle, Volkswagen’s Level 4 autonomous fleet features comprehensive 360° sensing coverage, designed to enable safer navigation in complex urban environments.

Innoviz’ Revenues in Q1 2025 were $17.4 million compared to revenues of $7.1 million in Q1 2024. The revenue growth resulted from a combination of NRE services, production units and sample shipments. The company targets fiscal year 2025 revenues to reach $50–$60 million, more than double the 2024 levels. The company is traded on NASDAQ at capital markets value of  $280.5 millions.