Innoviz Technologies Ltd. announced it has signed a Statement of Development Work (SoDW) agreement with a Top 5 passenger automotive manufacturer. Under this agreement, Innoviz will supply advanced LiDAR units for the OEM's Level 3 highly automated series-production program.
The program targets a Start of Production (SOP) in 2027, marking a significant milestone for Innoviz in the global automotive market. This award represents entry into a new geographical market for the company and opens avenues for expanding short-range LiDAR applications.
This major customer win reinforces Innoviz's position as a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software. The collaboration with a top global OEM validates the capabilities of InnovizTwo LiDAR for mass-market autonomous driving solutions.
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