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CGRO - Innoviz launches advanced perception platform for self-driving vehicles

Lidar sensor company Innoviz launches its InnovizAPP advanced perception platform, which combines automotive-grade hardware and software that enable autonomous vehicles to identify and classify objects.The platform includes the company's Perception Software, which Innoviz says can accurately detect and classify objects in any 3D driving scene up to 250 meters away.InnovizApp is already shipping to "selected automaker giants.""InnovizAPP is a true technology breakthrough, offering an adaptable automotive-grade chip and platform that can be incorporated into existing vehicles," says CEO and co-founder Omer Keilaf. "We developed it in response to requests from major automakers, and our customers in Asia, Europe, and North America are already optimizing their AV programs with this platform, which is rapidly becoming the gold standard for customer validation."Last December, Innoviz announced plans to go public through a merger with SPAC Collective Growth (CGRO). The ransaction was originally expected to close during Q1.

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Innoviz launches advanced perception platform for self-driving vehicles
Stock Information

Company Name: Collective Growth Corporation
Stock Symbol: CGRO
Market: NASDAQ

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