Innoviz Technologies Ltd.(INVZ)Earnings, Financials & Key Ratios

The companies plan to integrate Innoviz LiDARs into Drive's Barak LightGuard system with the goal of achieving a sales target of $20 million by the end of 2027 TEL AVIV, Israel, June 23, 2026 /PRNewswire/ -- Drive Group, comprising six leading transportation and infrastructure companies in Israel, and the technology company Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading supplier of high-performance, automotive-grade LiDAR sensor platforms, announced today the signing of a strategic collaboration agreement.

Innoviz sees an over 150,000 LiDAR unit opportunity in this program. Mobileye's initial fleet is targeted for deployment in 2027, scaling to 17,000 vehicles over the following 5 years  TEL AVIV, Israel, June 22, 2026 /PRNewswire/ -- Innoviz Technologies Ltd.