Innoviz Technologies Ltd.·Consumer Cyclical

Innoviz Technologies Ltd. (INVZ) Q1 2026 Earnings Call Transcript

Innoviz Technologies NASDAQ: INVZ reported first-quarter 2026 revenue of $7.1 million and reiterated its full-year revenue outlook, while emphasizing new momentum in defense, homeland security and autonomous vehicle programs.

Innoviz Technologies Ltd. (INVZ) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.06.

Entering fast-growing, high-margin defense and security market; see strong momentum via engagements with Kela Technologies and a large holding group to be announced in the coming weeks Multiple automotive programs with product launches in 2026 and beyond; announced new agreement with a leading AV company to evaluate the development of on-sensor LiDAR perception capabilities; signed LOI with LOXO Launched InnovizTwo Ultra Long-Range with up to 1km sensing, driving new capabilities in applications across automotive and non-automotive end-markets FY2026 outlook unchanged at $67–$73M; Q1 $7.1M, reflecting NRE milestone variability TEL AVIV, Israel, May 14, 2026 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading supplier of high performance, automotive-grade LiDAR sensor platforms, today provided commercial and strategic updates on its business, reported its financial results for the quarter ended March 31, 2026, and reiterated its financial and operational targets for 2026.

Kela to Field Innoviz LiDAR Across Its Unified Situational Operations Platform PR Newswire TEL AVIV, Israel, May

TEL AVIV, Israel, May 13, 2026 /PRNewswire/ -- Kela Technologies, a defense company building the open, modular platform that allied militaries use to win software-defined warfare, and Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading supplier of high-performance, automotive-grade LiDAR sensor platforms, today announced a framework agreement to procure up to several hundred units of Innoviz Technologies' InnovizTwo LiDAR sensors, with Kela anticipating that the cooperation may scale to thousands of units in the coming years.
Innoviz Technologies Ltd. designs and manufactures solid-state LiDAR sensors and develops perception software that enables the mass production of autonomous vehicles. The company manufactures InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxi, shuttle, trucking, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Its automotive-grade sensor is integrable into Level 3 through 5 autonomous vehicles for the safety of passengers and pedestrians. The company also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; Innoviz360, a 360-degree LiDAR for automotive and non-automotive applications; and perception application, a software application that turns the InnovizOne LiDAR's raw point cloud data into perception outputs to provide scene perception and deliver an automotive-grade ASIL B(D) solution. It operates in Europe, Asia Pacific, the Middle East, Africa, and North America. Innoviz Technologies Ltd. was incorporated in 2016 and is headquartered in Rosh HaAyin, Israel.
Consumer Cyclical
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2020-06-29
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