Business
Innoviz Announces Another Breakthrough in LiDAR Technology - 30X Performance Improvement and Embedded Perception Software
Revealing the new InnovizTwo specifications, the Company sets a new transparency standard; InnovizTwo scales in performance and cost and is designed to exceed
About this update from Innoviz Technologies Ltd.
[{"type":"text","content":"Revealing the new InnovizTwo specifications, the Company sets a new transparency standard; InnovizTwo scales in performance and cost and is designed to exceed customer expectations and democratize autonomous driving\n\n\nTEL AVIV, Israel, April 13, 2021 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ), a leading provider of high-performance solid-state LiDAR sensors and perception software, unveils its groundbreaking InnovizTwo LiDAR sensor performance. The new generation achieves a 30x performance improvement over InnovizOne, in addition to a 70% cost reduction, which the Company believes will allow for its adoption by any type of vehicle. The Company proudly and publicly shares the full updated specifications of InnovizTwo to establish InnovizTwo's technological superiority and market leadership in the most transparent way. Innoviz continues to develop new technologies to allow faster adoption of safe autonomous driving for all. \n\n \n \n \n \n \n \n\n \nInnovizTwo LiDAR sensor is specifically designed for automakers and Robotaxi, shuttle, and delivery companies requiring an automotive-grade, mass-producible solution. Leveraging on previous generations InnovizPro and InnovizOne, the new InnovizTwo 905nm LiDAR enjoys the vast expertise developed at Innoviz. \n\"On our path to become the market leader, we feel responsible for helping to improve market understanding of LiDARs. Our LiDAR offers an impeccable visual performance, at such an impressive price point. I believe InnovizTwo is the world's most powerful LiDAR that will very soon make autonomous vehicles an everyday safer reality,\" said Omer Keilaf, CEO and Co-Founder of Innoviz. \"Its specs and features are designed to exceed customer requirements. I could not be prouder of our engineering team for achieving this incredible technological feat.\"\nThe new design includes a new detector, scanner, and multiple advances in the optical packaging and the electric design. InnovizTwo's significantly improved performance is driven by:\nExtended Field of View (FoV) of 125x40 degrees. Increased native resolution of 0.07x0.05 degrees, over 8000 lines each second, leaving no hazardous object undetected. Exceeding market demand with a range of 300m, with the ability to see small, dark objects with 10% reflectivity at over 220m under strong sun conditions of 100Klux using the h...