Slide 1: The Mission
THE MISSION Safety first. Safety Second. Safety Always. Our goal is to drive the world to an accident-free future by providing the most rigorously tested, highest performance, lowest cost LiDAR platforms. In our LiDARs, safety is not just another great feature; it is the very essence of the platform
Slide 2: Road Safety Has Become a Global Issue
ROAD SAFETY 1.3M EVERY YEAR People die as a result of a road collisions HAS BECOME 50M EVERY YEAR People suffer injuries, with many incurring a disability A GLOBAL ISSUE Road collision injuries are the leading 5-29 OF CONCERN Years of Age cause of death for children and young adults *Data from World
Slide 3: Remove Human Error as Soon as Possible
REMOVE HUMAN ERROR AS SOON AS POSSIBLE 80%-90% “Human Error” is the most probable catalysts for accidents 94% “Human Error” is the leading cause in fatal accidents 1. Hale, A. R. & Glendon, A. I., Individual behaviour in the control of danger. Elsevier, Amsterdam, 1987. 2.Salminen, S. & Tallberg, T.
Slide 4: Unit 81: Talent, Passion and Commitment
UNIT 81: “Talent, Passion and Commitment can make the impossible, possible” Secretive, selective, prestigious 100 veterans founded 50 Israeli military tech unit companies in the last decade Accumulated company valuations Our team comes from the most surpassing $10 billion innovative army unit in the
Slide 5: We See the World Through the Finest LiDAR Technology Ever Invented
WE SEE THE WORLD THROUGH THE FINEST LIDAR TECHNOLOGY EVER INVENTED
Slide 6: Life Saving Technology, No Hype Just Hard Work
LIFE SAVING TECHNOLOGY NO HYPE JUST HARD WORK
Slide 7: We Continued Accelerating Our Progress on 4 Key Areas
WE CONTINUED ACCELERATING OUR PROGRESS ON 4 KEY AREAS: Technology Development New Business Development Program Management Corporate Development
Slide 8: Advancing Our Technology Through Concentrated R&D Efforts
ADVANCING OUR TECHNOLOGY THROUGH CONCENTRATED R&D EFFORTS InnovizOne InnovizOne+ InnovizTwo Completed several design cycles Extended range and resolution First samples in production Verge of freezing hardware design Evolution of iOne platform Unprecedent performance and Price Leverages on many lesso
Slide 9: Customers Say
CUSTOMERS SAY: “Best point-cloud we have seen so far” ”First impressions are incredible…so far we've been used to working only with spinning lidars. When we turned on InnovizOne, we didn't know if it was really on! No noise.” “The size - it's a beautiful product…so professional. Really beautiful.” "
Slide 10: Building Innoviz Object Catalog
Building Innoviz Object Catalog InnovizOne semi-automatic annotations InnovizTwo Simulation • Endless scenes and object types • Passed 1M verified object annotations • Edge case analysis • Developed infrastructure for semi-automatic annotation • Scene specific analysis and regression testing • Physi
Slide 11: Collecting Data in 3 Continents
COLLECTING DATA IN 3 CONTINENTS
Slide 12: Reaching 16 Global Partners and Distributors
REACHING 16 GLOBAL PARTNERS AND DISTRIBUTORS PARTNERS DISTRUBUTORTS Enerteks
Slide 13: Supporting Multiple Automotive Programs
SUPPORTING MULTIPLE AUTOMOTIVE PROGARMS Each with thousands of requirements KPIs Mechanical Project Commercial Design Quality Manufacturing AUTOSAR Integration Management Terms Validation Cleaning Reliability Factory Logistics Perception ASPICE Road/Lab Thermal Cyber Systems Calibration AI SW Testin
Slide 14: Awarded for Series Production / Advanced Development Projects
Awarded for Series Production Shuttle Program BMW Program Continued support from the high-volume production Magna site, Holly Several integration workshops On the verge of freezing hardware design Preparation towards first fleet equipment and testing LiDAR SOP Q2 2022 Awarded for Advanced Developmen
Slide 15: Robust Sales Funnel Covers Entire Addressable Market
ROBUST SALES FUNNEL COVERS ENTIRE ADDRESSABLE MARKET Companies Stage >100 Evaluation ~50% Expected Conversion 3-6 months (+28) 54 Advanced Technical Evaluation Potential Order Book ~40% Expected Conversion Up to 12 months Total lifetime projected revenues from accounts in the Commercial and >$3.2B (
Slide 16: BMW Order Book Calculation
BMW ORDER BOOK CALCULATION Market Penetration Known iOne BMW Car Sales of Functional Safety Technologies Components ASP Evolution $2B As predicted by Over the period For the project Independent Market (1-27%) (Not including Samples) Research up to 2030 (>2M a Year)
Slide 17: Shuttle Program Order Book – Weighted Average
SHUTTLE PROGRAM ORDER BOOK – WEIGHTED AVERAGE Average Low deployment probability scenario assigned (High volumes) (No clear reference, <25%) Known iOne as a system ASP evolution for the project $0.4B Minimum High (Not including samples) commitment probability (Low volumes) assigned (Based on actuals
Slide 18: Corporate Update
CORPORATE UPDATE Ramping up teams and staff 29 hires in Q2; 337 employees total at the end of Q2 10% increase in headcount 70% of all employees are in R&D